Ferguson Wellman Capital Management Inc. Decreases Holdings in DuPont de Nemours, Inc. $DD

Ferguson Wellman Capital Management Inc. decreased its stake in DuPont de Nemours, Inc. (NYSE:DD) by 66.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,837 shares of the basic materials company’s stock after selling 5,677 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in DuPont de Nemours were worth $385,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of DD. Palisade Asset Management LLC purchased a new position in DuPont de Nemours in the 3rd quarter valued at about $26,000. Imprint Wealth LLC purchased a new stake in DuPont de Nemours during the 3rd quarter worth approximately $27,000. Basepoint Wealth LLC acquired a new position in shares of DuPont de Nemours during the fourth quarter valued at approximately $28,000. Nalls Sherbakoff Group LLC acquired a new position in shares of DuPont de Nemours during the fourth quarter valued at approximately $29,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in shares of DuPont de Nemours in the third quarter valued at approximately $30,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Price Performance

DD stock opened at $136.81 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.43 and a quick ratio of 1.82. The business has a 50 day simple moving average of $139.06 and a 200-day simple moving average of $141.26. The firm has a market capitalization of $18.47 billion, a PE ratio of 304.08, a price-to-earnings-growth ratio of 1.25 and a beta of 1.06. DuPont de Nemours, Inc. has a 1 year low of $92.49 and a 1 year high of $157.98.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.12. The firm had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.81 billion. DuPont de Nemours had a return on equity of 6.92% and a net margin of 0.67%.The firm’s revenue was up 4.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.12 earnings per share. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. Equities research analysts anticipate that DuPont de Nemours, Inc. will post 7.27 earnings per share for the current fiscal year.

DuPont de Nemours Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Monday, August 31st. DuPont de Nemours’s payout ratio is currently 533.33%.

Wall Street Analyst Weigh In

DD has been the topic of a number of research analyst reports. UBS Group lifted their price target on DuPont de Nemours from $175.00 to $178.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Citigroup increased their price objective on DuPont de Nemours from $168.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. The Goldman Sachs Group raised their price objective on DuPont de Nemours from $53.00 to $159.00 and gave the company a “neutral” rating in a report on Thursday, June 25th. Royal Bank Of Canada lowered their target price on shares of DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating on the stock in a research note on Friday, August 7th. Finally, Zacks Research lowered shares of DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a report on Friday, July 17th. Twelve equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $166.60.

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.