AlphaQuest LLC Sells 11,874 Shares of DuPont de Nemours, Inc. $DD

AlphaQuest LLC lowered its stake in shares of DuPont de Nemours, Inc. (NYSE:DDFree Report) by 92.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 925 shares of the basic materials company’s stock after selling 11,874 shares during the period. AlphaQuest LLC’s holdings in DuPont de Nemours were worth $72,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Blue Trust Inc. grew its position in shares of DuPont de Nemours by 1.1% during the third quarter. Blue Trust Inc. now owns 11,990 shares of the basic materials company’s stock valued at $934,000 after purchasing an additional 127 shares in the last quarter. Pacifica Partners Inc. grew its holdings in DuPont de Nemours by 27.0% during the 3rd quarter. Pacifica Partners Inc. now owns 602 shares of the basic materials company’s stock valued at $47,000 after buying an additional 128 shares in the last quarter. Sagespring Wealth Partners LLC increased its stake in DuPont de Nemours by 3.9% in the 2nd quarter. Sagespring Wealth Partners LLC now owns 3,729 shares of the basic materials company’s stock worth $256,000 after acquiring an additional 140 shares during the last quarter. Princeton Global Asset Management LLC raised its holdings in shares of DuPont de Nemours by 64.4% during the 2nd quarter. Princeton Global Asset Management LLC now owns 365 shares of the basic materials company’s stock worth $25,000 after acquiring an additional 143 shares in the last quarter. Finally, Old Port Advisors raised its holdings in shares of DuPont de Nemours by 4.9% during the 3rd quarter. Old Port Advisors now owns 3,148 shares of the basic materials company’s stock worth $245,000 after acquiring an additional 147 shares in the last quarter. Institutional investors own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on DD shares. Zacks Research upgraded shares of DuPont de Nemours from a “hold” rating to a “strong-buy” rating in a research report on Thursday. Royal Bank Of Canada boosted their target price on shares of DuPont de Nemours from $48.00 to $51.00 and gave the stock an “outperform” rating in a report on Wednesday, January 21st. Wall Street Zen upgraded DuPont de Nemours to a “hold” rating in a research report on Saturday, January 10th. Weiss Ratings restated a “sell (d+)” rating on shares of DuPont de Nemours in a research report on Monday, December 22nd. Finally, JPMorgan Chase & Co. boosted their target price on DuPont de Nemours from $48.00 to $50.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $50.46.

Check Out Our Latest Research Report on DD

DuPont de Nemours Price Performance

DD opened at $50.19 on Friday. The company has a current ratio of 2.42, a quick ratio of 1.63 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $21.03 billion, a price-to-earnings ratio of -26.98, a PEG ratio of 1.26 and a beta of 1.10. The business’s fifty day simple moving average is $43.29 and its 200-day simple moving average is $37.25. DuPont de Nemours, Inc. has a 12-month low of $22.50 and a 12-month high of $52.66.

DuPont de Nemours (NYSE:DDGet Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The basic materials company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.03. The firm had revenue of $1.69 billion during the quarter, compared to analysts’ expectations of $1.69 billion. DuPont de Nemours had a negative net margin of 7.03% and a positive return on equity of 7.37%. The company’s revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.13 EPS. DuPont de Nemours has set its FY 2026 guidance at 2.250-2.300 EPS and its Q1 2026 guidance at 0.480-0.480 EPS. On average, equities research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours declared that its Board of Directors has approved a stock buyback plan on Thursday, November 6th that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the basic materials company to repurchase up to 12.2% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

Insider Activity

In other news, SVP Erik T. Hoover sold 6,005 shares of DuPont de Nemours stock in a transaction that occurred on Friday, November 28th. The shares were sold at an average price of $39.79, for a total value of $238,938.95. Following the transaction, the senior vice president owned 112,101 shares of the company’s stock, valued at $4,460,498.79. The trade was a 5.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Lori Koch sold 9,011 shares of the stock in a transaction that occurred on Friday, November 28th. The shares were sold at an average price of $39.46, for a total transaction of $355,574.06. Following the sale, the chief executive officer directly owned 288,326 shares of the company’s stock, valued at $11,377,343.96. The trade was a 3.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.61% of the stock is owned by insiders.

DuPont de Nemours Company Profile

(Free Report)

DuPont de Nemours (NYSE: DD) is a global science and engineering company that develops and supplies specialty materials, chemicals and industrial biosciences for a wide range of markets. Headquartered in Wilmington, Delaware, the company traces its origins to 1802 and has evolved through more than two centuries of innovation. In recent history DuPont participated in a major combination with Dow Chemical and subsequent reorganization that refocused the company on differentiated, specialty businesses built around science-based solutions.

DuPont’s operations center on advanced materials and technologies used by manufacturers and OEMs in industries such as transportation, electronics, construction, industrial manufacturing and worker safety.

See Also

Institutional Ownership by Quarter for DuPont de Nemours (NYSE:DD)

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