North Dakota State Investment Board Purchases New Position in DuPont de Nemours, Inc. $DD

North Dakota State Investment Board purchased a new stake in DuPont de Nemours, Inc. (NYSE:DDFree Report) in the 4th quarter, HoldingsChannel reports. The fund purchased 19,214 shares of the basic materials company’s stock, valued at approximately $772,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC grew its stake in shares of DuPont de Nemours by 19.6% during the fourth quarter. Brighton Jones LLC now owns 5,012 shares of the basic materials company’s stock valued at $382,000 after acquiring an additional 822 shares in the last quarter. Empowered Funds LLC grew its stake in shares of DuPont de Nemours by 8.9% during the first quarter. Empowered Funds LLC now owns 11,550 shares of the basic materials company’s stock valued at $863,000 after acquiring an additional 947 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of DuPont de Nemours during the second quarter valued at about $365,000. United Bank grew its stake in shares of DuPont de Nemours by 14.6% during the second quarter. United Bank now owns 18,816 shares of the basic materials company’s stock valued at $1,291,000 after acquiring an additional 2,396 shares in the last quarter. Finally, First Trust Advisors LP grew its stake in shares of DuPont de Nemours by 2.1% during the second quarter. First Trust Advisors LP now owns 200,444 shares of the basic materials company’s stock valued at $13,749,000 after acquiring an additional 4,186 shares in the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Stock Performance

Shares of NYSE DD opened at $47.28 on Thursday. The company has a quick ratio of 2.11, a current ratio of 2.68 and a debt-to-equity ratio of 0.22. The firm’s 50-day moving average price is $46.62 and its two-hundred day moving average price is $44.34. DuPont de Nemours, Inc. has a 52-week low of $27.16 and a 52-week high of $52.66. The stock has a market capitalization of $19.38 billion, a P/E ratio of -787.82, a P/E/G ratio of 1.32 and a beta of 1.02.

DuPont de Nemours (NYSE:DDGet Free Report) last issued its earnings results on Tuesday, May 5th. The basic materials company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.07. DuPont de Nemours had a negative net margin of 0.30% and a positive return on equity of 7.15%. The firm had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.67 billion. During the same quarter last year, the company posted $1.03 earnings per share. DuPont de Nemours’s revenue 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. As a group, sell-side analysts forecast that DuPont de Nemours, Inc. will post 2.39 earnings per share for the current year.

DuPont de Nemours Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.80 dividend on an annualized basis and a yield of 1.7%. DuPont de Nemours’s dividend payout ratio (DPR) is currently -1,333.33%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on DD. Zacks Research downgraded DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. KeyCorp raised their target price on DuPont de Nemours from $51.00 to $57.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Argus lowered their target price on 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. Jefferies Financial Group raised their target price on DuPont de Nemours from $51.00 to $59.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Finally, Wells Fargo & Company raised their target price on DuPont de Nemours from $50.00 to $55.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Twelve equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given 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 $55.21.

Check Out Our Latest Analysis on DuPont de Nemours

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

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

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