Cinctive Capital Management LP purchased a new stake in shares of DuPont de Nemours, Inc. (NYSE:DD – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 63,413 shares of the basic materials company’s stock, valued at approximately $4,940,000.
A number of other large investors have also recently modified their holdings of the company. Salomon & Ludwin LLC increased its holdings in DuPont de Nemours by 186.5% during the 3rd quarter. Salomon & Ludwin LLC now owns 318 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 207 shares during the period. Financial Life Planners purchased a new stake in shares of DuPont de Nemours in the 3rd quarter worth $27,000. Imprint Wealth LLC bought a new position in shares of DuPont de Nemours during the 3rd quarter worth $27,000. Cary Street Partners Investment Advisory LLC grew its position in shares of DuPont de Nemours by 67.5% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 541 shares of the basic materials company’s stock worth $37,000 after buying an additional 218 shares in the last quarter. Finally, Crews Bank & Trust increased its stake in shares of DuPont de Nemours by 55.8% during the third quarter. Crews Bank & Trust now owns 508 shares of the basic materials company’s stock valued at $40,000 after buying an additional 182 shares during the period. Hedge funds and other institutional investors own 73.96% of the company’s stock.
Wall Street Analyst Weigh In
Several analysts recently weighed in on DD shares. Weiss Ratings restated a “sell (d+)” rating on shares of DuPont de Nemours in a report on Monday, December 22nd. Jefferies Financial Group raised their target price on shares of DuPont de Nemours from $51.00 to $59.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Citigroup boosted their price target on shares of DuPont de Nemours from $50.00 to $59.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Zacks Research raised shares of DuPont de Nemours from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 12th. Finally, Wolfe Research increased their price objective on shares of DuPont de Nemours from $49.00 to $54.00 and gave the company an “outperform” rating in a research note on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $51.86.
DuPont de Nemours Price Performance
DD opened at $44.87 on Monday. The firm has a market capitalization of $18.35 billion, a PE ratio of -24.12, a price-to-earnings-growth ratio of 1.12 and a beta of 1.09. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.42 and a quick ratio of 1.91. The business’s 50-day moving average is $46.36 and its two-hundred day moving average is $39.81. DuPont de Nemours, Inc. has a 1 year low of $22.50 and a 1 year high of $52.66.
DuPont de Nemours (NYSE:DD – Get Free Report) last released its quarterly earnings results on Tuesday, February 10th. The basic materials company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.43 by $0.03. DuPont de Nemours had a negative net margin of 7.03% and a positive return on equity of 7.37%. The business had revenue of $1.69 billion during the quarter, compared to analyst estimates of $1.69 billion. During the same period in the prior year, the firm posted $1.13 earnings per share. The company’s quarterly revenue was up .2% on a year-over-year basis. 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. Research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.
DuPont de Nemours Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.8%. The ex-dividend date is Monday, March 2nd. DuPont de Nemours’s dividend payout ratio (DPR) is -43.01%.
DuPont de Nemours Company Profile
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.
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