CYBER HORNET ETFs LLC Buys 9,413 Shares of DuPont de Nemours, Inc. $DD

CYBER HORNET ETFs LLC lifted its stake in DuPont de Nemours, Inc. (NYSE:DD) by 817.1% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 10,565 shares of the basic materials company’s stock after buying an additional 9,413 shares during the period. DuPont de Nemours makes up approximately 0.5% of CYBER HORNET ETFs LLC’s portfolio, making the stock its 29th biggest holding. CYBER HORNET ETFs LLC’s holdings in DuPont de Nemours were worth $1,433,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Elevation Wealth Partners LLC increased its stake in DuPont de Nemours by 168.5% in the 2nd quarter. Elevation Wealth Partners LLC now owns 239 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 150 shares during the period. Palisade Asset Management LLC bought a new position in shares of DuPont de Nemours in the third quarter worth approximately $26,000. Imprint Wealth LLC purchased a new position in shares of DuPont de Nemours in the third quarter worth $27,000. Measured Wealth Private Client Group LLC bought a new stake in DuPont de Nemours during the 3rd quarter valued at $30,000. Finally, Continuum Advisory LLC purchased a new stake in DuPont de Nemours during the 2nd quarter valued at $64,000. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Zacks Research cut shares of DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. The Goldman Sachs Group increased their target price on shares of DuPont de Nemours from $53.00 to $159.00 and gave the stock a “neutral” rating in a report on Thursday, June 25th. Royal Bank Of Canada reduced their price target on DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating on the stock in a report on Friday, August 7th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of DuPont de Nemours in a research report on Monday, August 3rd. Finally, JPMorgan Chase & Co. lifted their price objective on DuPont de Nemours from $171.00 to $172.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Twelve equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $166.60.

DuPont de Nemours Stock Up 0.3%

Shares of DuPont de Nemours stock opened at $132.04 on Monday. DuPont de Nemours, Inc. has a 1 year low of $92.49 and a 1 year high of $157.98. 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 company has a 50-day moving average of $138.41 and a 200 day moving average of $140.64. The firm has a market cap of $17.83 billion, a price-to-earnings ratio of 293.48, a PEG ratio of 1.20 and a beta of 1.06.

DuPont de Nemours (NYSE:DD) last announced its earnings results on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.76 by $0.12. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. The business had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter last year, the firm earned $1.12 earnings per share. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. As a group, sell-side 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 announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Monday, August 31st. DuPont de Nemours’s payout ratio is 533.33%.

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.