DuPont de Nemours, Inc. $DD Shares Acquired by Drummond Knight Asset Management Pty Ltd

Drummond Knight Asset Management Pty Ltd raised its holdings in shares of DuPont de Nemours, Inc. (NYSE:DDFree Report) by 85.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,207,393 shares of the basic materials company’s stock after acquiring an additional 556,827 shares during the period. DuPont de Nemours makes up about 13.6% of Drummond Knight Asset Management Pty Ltd’s portfolio, making the stock its 4th biggest position. Drummond Knight Asset Management Pty Ltd owned about 0.29% of DuPont de Nemours worth $48,537,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Oppenheimer & Co. Inc. lifted its stake in DuPont de Nemours by 39.2% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 104,565 shares of the basic materials company’s stock valued at $8,146,000 after acquiring an additional 29,473 shares during the period. Xponance Inc. lifted its stake in DuPont de Nemours by 113.6% during the 3rd quarter. Xponance Inc. now owns 134,797 shares of the basic materials company’s stock valued at $10,501,000 after acquiring an additional 71,695 shares during the period. Citigroup Inc. lifted its stake in DuPont de Nemours by 20.2% during the 3rd quarter. Citigroup Inc. now owns 572,650 shares of the basic materials company’s stock valued at $44,609,000 after acquiring an additional 96,062 shares during the period. Bank of New York Mellon Corp lifted its stake in DuPont de Nemours by 0.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,169,908 shares of the basic materials company’s stock valued at $246,936,000 after acquiring an additional 29,543 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in DuPont de Nemours by 3.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,337,753 shares of the basic materials company’s stock valued at $259,974,000 after acquiring an additional 121,216 shares during the period. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Stock Performance

DD opened at $45.53 on Tuesday. 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 firm has a fifty day moving average price of $46.91 and a 200 day moving average price of $41.25. DuPont de Nemours, Inc. has a 1 year low of $22.50 and a 1 year high of $52.66. The stock has a market cap of $18.62 billion, a P/E ratio of -24.48, a P/E/G ratio of 1.14 and a beta of 1.09.

DuPont de Nemours (NYSE:DDGet Free Report) last posted its earnings results on Tuesday, February 10th. The basic materials company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.03. The firm had revenue of ($1,871.00) million 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 business’s revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the business posted $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. Equities research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were given a dividend of $0.20 per share. The ex-dividend date was Monday, March 2nd. This represents a $0.80 dividend on an annualized basis and a yield of 1.8%. DuPont de Nemours’s dividend payout ratio is currently -43.01%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on DD. Argus decreased their price objective on shares of DuPont de Nemours from $86.00 to $52.00 and set a “buy” rating for the company in a research note on Thursday, February 5th. Wall Street Zen upgraded shares of DuPont de Nemours to a “hold” rating in a research note on Saturday, January 10th. Royal Bank Of Canada boosted their target price on shares of DuPont de Nemours from $51.00 to $60.00 and gave the company an “outperform” rating in a research note on Tuesday, February 17th. JPMorgan Chase & Co. boosted their target price on shares of DuPont de Nemours from $48.00 to $50.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. Finally, Zacks Research upgraded shares of DuPont de Nemours from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, DuPont de Nemours currently has an average rating of “Moderate Buy” and an average price target of $51.86.

Check Out Our Latest Analysis on DD

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.

Further Reading

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

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