DuPont de Nemours, Inc. $DD Position Boosted by PFG Private Wealth Management LLC

PFG Private Wealth Management LLC increased its stake in DuPont de Nemours, Inc. (NYSE:DD) by 241.0% in the third quarter, HoldingsChannel reports. The fund owned 7,073 shares of the basic materials company’s stock after purchasing an additional 4,999 shares during the period. DuPont de Nemours makes up about 0.4% of PFG Private Wealth Management LLC’s portfolio, making the stock its 22nd biggest position. PFG Private Wealth Management LLC’s holdings in DuPont de Nemours were worth $919,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. State Street Corp grew its holdings in DuPont de Nemours by 140.3% in the 2nd quarter. State Street Corp now owns 44,941,824 shares of the basic materials company’s stock worth $6,095,909,000 after acquiring an additional 26,238,300 shares during the last quarter. Groupe la Francaise purchased a new position in shares of DuPont de Nemours in the second quarter valued at about $1,394,000. Ancora Advisors LLC purchased a new position in shares of DuPont de Nemours in the second quarter valued at about $8,317,000. Boussard & Gavaudan Gestion Sas purchased a new position in shares of DuPont de Nemours in the second quarter valued at about $4,912,000. Finally, Cullen Capital Management LLC bought a new position in DuPont de Nemours during the 2nd quarter valued at approximately $2,081,000. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Up 0.9%

Shares of DD traded up $1.15 on Thursday, hitting $129.62. 425,799 shares of the stock traded hands, compared to its average volume of 1,359,269. The company has a market capitalization of $17.50 billion, a PE ratio of 288.00, a P/E/G ratio of 1.18 and a beta of 1.05. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.82 and a current ratio of 2.43. The business has a 50 day simple moving average of $133.78 and a 200 day simple moving average of $138.29. DuPont de Nemours, Inc. has a one year low of $97.34 and a one 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 earnings per share for the quarter, topping analysts’ consensus estimates of $1.76 by $0.12. The company had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.81 billion. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.12 EPS. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. As a group, equities analysts forecast that DuPont de Nemours, Inc. will post 7.26 earnings per share for the current fiscal year.

DuPont de Nemours Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be paid a $0.60 dividend. The ex-dividend date is Monday, November 30th. This represents a $2.40 annualized dividend and a dividend yield of 1.9%. DuPont de Nemours’s payout ratio is currently 533.33%.

Analyst Upgrades and Downgrades

DD has been the subject of several research reports. Citigroup decreased their price objective on shares of DuPont de Nemours from $170.00 to $162.00 and set a “buy” rating for the company in a report on Wednesday, October 7th. The Goldman Sachs Group lowered their price objective on DuPont de Nemours from $159.00 to $153.00 and set a “neutral” rating for the company in a research note on Wednesday, September 30th. Royal Bank Of Canada lowered their price objective on DuPont de Nemours from $176.00 to $160.00 and set an “outperform” rating for the company in a research note on Thursday. Weiss Ratings reissued a “sell (d+)” rating on shares of DuPont de Nemours in a report on Monday, August 3rd. Finally, UBS Group cut their target price on DuPont de Nemours from $178.00 to $172.00 and set a “buy” rating on the stock in a research note on Monday, October 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $162.00.

DuPont de Nemours Company Profile

DuPont de Nemours, Inc is a science and technology company that develops engineered materials, specialty chemicals and other performance solutions for industrial and consumer markets. Its products are used in areas including electronics and semiconductor manufacturing, water purification, healthcare, transportation, construction, aerospace, worker safety and industrial processing.

DuPont’s portfolio includes well-known brands and materials such as Kevlar aramid fiber, Nomex flame-resistant materials, Tyvek protective materials, Kapton polyimide film, Vespel high-performance parts and Corian solid-surface materials.