Northwestern Mutual Wealth Management Co. Purchases 9,536,283 Shares of DuPont de Nemours, Inc. $DD

Northwestern Mutual Wealth Management Co. boosted its position in DuPont de Nemours, Inc. (NYSE:DDFree Report) by 12,133.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,614,878 shares of the basic materials company’s stock after buying an additional 9,536,283 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 2.29% of DuPont de Nemours worth $365,921,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Palisade Asset Management LLC bought a new stake in DuPont de Nemours in the 3rd quarter valued at about $26,000. Financial Life Planners bought a new stake in DuPont de Nemours during the 3rd quarter worth approximately $27,000. Imprint Wealth LLC bought a new stake in DuPont de Nemours during the 3rd quarter worth approximately $27,000. Miller Global Investments LLC bought a new stake in DuPont de Nemours during the 4th quarter worth approximately $28,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in DuPont de Nemours during the 3rd quarter worth approximately $30,000. 73.96% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have commented on DD shares. UBS Group boosted their price objective on DuPont de Nemours from $56.00 to $59.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. KeyCorp upped their target price on DuPont de Nemours from $51.00 to $57.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. Wells Fargo & Company upped their target price on DuPont de Nemours from $50.00 to $55.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. Bank of America reduced their target price on DuPont de Nemours from $50.00 to $47.00 and set a “neutral” rating for the company in a report on Tuesday, April 21st. Finally, Citigroup reduced their target price on DuPont de Nemours from $59.00 to $56.00 and set a “buy” rating for the company in a report on Monday, April 13th. Twelve research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $55.21.

Check Out Our Latest Stock Report on DuPont de Nemours

DuPont de Nemours Price Performance

DuPont de Nemours stock opened at $49.30 on Friday. DuPont de Nemours, Inc. has a 12 month low of $27.16 and a 12 month high of $52.66. The company has a current ratio of 2.68, a quick ratio of 2.11 and a debt-to-equity ratio of 0.22. The business’s 50 day simple moving average is $46.51 and its 200 day simple moving average is $43.99. The company has a market cap of $20.21 billion, a price-to-earnings ratio of -821.51, a PEG ratio of 1.43 and a beta of 1.02.

DuPont de Nemours (NYSE:DDGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.48 by $0.07. DuPont de Nemours had a positive return on equity of 7.15% and a negative net margin of 0.30%.The business had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter in the prior year, the business earned $1.03 earnings per share. DuPont de Nemours’s revenue for the quarter was up 4.3% on a year-over-year basis. DuPont de Nemours has set its Q2 2026 guidance at 0.590-0.590 EPS and its FY 2026 guidance at 2.350-2.400 EPS. Sell-side analysts forecast that DuPont de Nemours, Inc. will post 2.39 EPS for the current year.

DuPont de Nemours Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be given a dividend of $0.20 per share. The ex-dividend date is Friday, May 15th. This represents a $0.80 annualized dividend and a dividend yield of 1.6%. DuPont de Nemours’s dividend payout ratio is currently -1,333.33%.

DuPont de Nemours 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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