Primecap Management Co. CA Sells 177,765 Shares of DuPont de Nemours, Inc. $DD

Primecap Management Co. CA cut its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 8.0% in the third quarter, Holdings Channel.com reports. The firm owned 2,032,804 shares of the basic materials company’s stock after selling 177,765 shares during the quarter. Primecap Management Co. CA’s holdings in DuPont de Nemours were worth $158,356,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. Salomon & Ludwin LLC lifted its holdings in shares of DuPont de Nemours by 186.5% during the 3rd quarter. Salomon & Ludwin LLC now owns 318 shares of the basic materials company’s stock valued at $25,000 after purchasing an additional 207 shares during the last quarter. Crews Bank & Trust boosted its stake in DuPont de Nemours by 55.8% in the 3rd quarter. Crews Bank & Trust now owns 508 shares of the basic materials company’s stock worth $40,000 after purchasing an additional 182 shares in the last quarter. Cary Street Partners Investment Advisory LLC boosted its stake in DuPont de Nemours by 67.5% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 541 shares of the basic materials company’s stock worth $37,000 after purchasing an additional 218 shares in the last quarter. Quaker Wealth Management LLC increased its stake in DuPont de Nemours by 200.7% during the 2nd quarter. Quaker Wealth Management LLC now owns 594 shares of the basic materials company’s stock valued at $41,000 after purchasing an additional 1,184 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV raised its holdings in shares of DuPont de Nemours by 36.1% in the second quarter. Creative Financial Designs Inc. ADV now owns 599 shares of the basic materials company’s stock worth $41,000 after buying an additional 159 shares during the last quarter. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

Shares of NYSE DD opened at $50.32 on Friday. The company has a market capitalization of $20.58 billion, a PE ratio of -27.05, a price-to-earnings-growth ratio of 1.27 and a beta of 1.10. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.91 and a current ratio of 2.42. The company’s fifty day moving average price is $45.06 and its 200 day moving average price is $38.49. 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) last released 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 positive return on equity of 7.37% and a negative net margin of 7.03%.The company had revenue of $1.69 billion during the quarter, compared to analysts’ expectations of $1.69 billion. During the same quarter in the prior year, the firm posted $1.13 EPS. DuPont de Nemours’s quarterly revenue was up .2% compared to the same quarter last year. 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, research analysts predict that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours announced that its board has approved a share repurchase program on Thursday, November 6th that authorizes the company to buyback $2.00 billion in shares. This buyback authorization authorizes the basic materials company to reacquire up to 12.2% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.

DuPont de Nemours Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Monday, March 2nd. DuPont de Nemours’s payout ratio is presently -43.01%.

Analysts Set New Price Targets

A number of brokerages have commented on DD. Wells Fargo & Company lifted their price target on DuPont de Nemours from $50.00 to $55.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Zacks Research upgraded DuPont de Nemours from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 12th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of DuPont de Nemours in a report on Monday, December 22nd. KeyCorp upped their target price on DuPont de Nemours from $51.00 to $57.00 and gave the company an “overweight” rating in a research report on Wednesday, February 11th. Finally, Royal Bank Of Canada raised their price target on shares of DuPont de Nemours from $51.00 to $60.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $51.86.

DuPont de Nemours 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.