Citigroup Inc. Boosts Stock Position in DuPont de Nemours, Inc. $DD

Citigroup Inc. raised its position in DuPont de Nemours, Inc. (NYSE:DD) by 20.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 572,650 shares of the basic materials company’s stock after purchasing an additional 96,062 shares during the period. Citigroup Inc. owned about 0.14% of DuPont de Nemours worth $44,609,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of DD. Vanguard Group Inc. lifted its stake in shares of DuPont de Nemours by 6.7% during the third quarter. Vanguard Group Inc. now owns 50,867,267 shares of the basic materials company’s stock valued at $3,962,560,000 after buying an additional 3,203,044 shares during the period. State Street Corp raised its holdings in DuPont de Nemours by 4.8% in the 2nd quarter. State Street Corp now owns 18,363,975 shares of the basic materials company’s stock valued at $1,259,585,000 after acquiring an additional 842,852 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of DuPont de Nemours by 4.8% during the 2nd quarter. Geode Capital Management LLC now owns 10,782,760 shares of the basic materials company’s stock worth $736,487,000 after purchasing an additional 496,691 shares during the period. Norges Bank acquired a new stake in shares of DuPont de Nemours during the second quarter worth $313,306,000. Finally, Boston Partners increased its stake in DuPont de Nemours by 36.6% in the second quarter. Boston Partners now owns 3,483,001 shares of the basic materials company’s stock valued at $238,924,000 after purchasing an additional 932,575 shares during the last quarter. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

DuPont de Nemours Price Performance

DuPont de Nemours stock opened at $51.03 on Wednesday. The firm has a fifty day moving average of $44.66 and a 200-day moving average of $38.32. DuPont de Nemours, Inc. has a 52-week low of $22.50 and a 52-week high of $52.66. The company has a quick ratio of 1.91, a current ratio of 2.42 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $20.87 billion, a P/E ratio of -27.44, a PEG ratio of 1.25 and a beta of 1.10.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings results on Tuesday, February 10th. The basic materials company reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $1.69 billion during the quarter, compared to analysts’ expectations of $1.69 billion. During the same period in the prior year, the company earned $1.13 EPS. The firm’s 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. As a group, analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be paid a $0.20 dividend. The ex-dividend date is Monday, March 2nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.6%. DuPont de Nemours’s dividend payout ratio (DPR) is -43.01%.

DuPont de Nemours declared that its Board of Directors has approved a share repurchase program on Thursday, November 6th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the basic materials company to buy up to 12.2% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Analysts Set New Price Targets

Several analysts have commented on DD shares. BMO Capital Markets lifted their price target on DuPont de Nemours from $50.00 to $60.00 and gave the company an “outperform” rating in a report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of DuPont de Nemours from $46.00 to $58.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. Mizuho increased their price target on shares of DuPont de Nemours from $46.00 to $52.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 10th. KeyCorp boosted their price objective on shares of DuPont de Nemours from $51.00 to $57.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Finally, Morgan Stanley dropped their price objective on DuPont de Nemours from $80.00 to $44.00 in a report on Monday, November 10th. 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 given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $51.86.

Insider Activity

In related news, SVP Erik T. Hoover sold 6,005 shares of the business’s stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $39.79, for a total transaction of $238,938.95. Following the transaction, the senior vice president directly owned 112,101 shares of the company’s stock, valued at approximately $4,460,498.79. The trade was a 5.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 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 completion of the sale, the chief executive officer directly owned 288,326 shares of the company’s stock, valued at $11,377,343.96. This trade represents a 3.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.61% of the company’s stock.

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.