DuPont de Nemours, Inc. $DD Stock Bought by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. grew its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 7,762.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 949,117 shares of the basic materials company’s stock after acquiring an additional 937,045 shares during the period. TD Waterhouse Canada Inc.’s holdings in DuPont de Nemours were worth $123,281,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of DD. Nalls Sherbakoff Group LLC bought a new position in DuPont de Nemours in the fourth quarter worth approximately $29,000. Elevation Wealth Partners LLC raised its position in DuPont de Nemours by 168.5% during the 2nd quarter. Elevation Wealth Partners LLC now owns 239 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 150 shares in the last quarter. Bangor Savings Bank bought a new stake in DuPont de Nemours during the 3rd quarter valued at $36,000. Grove Bank & Trust purchased a new stake in shares of DuPont de Nemours in the 3rd quarter worth $40,000. Finally, Coastline Trust Co purchased a new stake in shares of DuPont de Nemours in the 3rd quarter worth $44,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Down 0.8%

NYSE DD traded down $1.10 during midday trading on Friday, hitting $130.50. 873,352 shares of the company traded hands, compared to its average volume of 886,025. DuPont de Nemours, Inc. has a 52 week low of $98.26 and a 52 week high of $157.98. The company’s 50-day simple moving average is $133.29 and its 200-day simple moving average is $138.20. The company has a market cap of $17.62 billion, a PE ratio of 290.05, a price-to-earnings-growth ratio of 1.20 and a beta of 1.05. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.43 and a quick ratio of 1.82.

DuPont de Nemours (NYSE:DD) last posted its earnings results on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.12. The company had revenue of $1.82 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.12 earnings per share. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. As a group, equities research analysts forecast that DuPont de Nemours, Inc. will post 7.26 earnings per share for the current year.

DuPont de Nemours Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be given a $0.60 dividend. The ex-dividend date of this dividend is Monday, November 30th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.8%. DuPont de Nemours’s payout ratio is presently 533.33%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Barclays began coverage on DuPont de Nemours in a research report on Tuesday. They set an “overweight” rating and a $156.00 price target on the stock. Citigroup decreased their price objective on DuPont de Nemours from $170.00 to $162.00 and set a “buy” rating for the company in a report on Wednesday, October 7th. JPMorgan Chase & Co. lowered shares of DuPont de Nemours from an “overweight” rating to a “neutral” rating and lowered their price objective for the stock from $172.00 to $145.00 in a research note on Friday, October 9th. UBS Group dropped their target price on shares of DuPont de Nemours from $178.00 to $172.00 and set a “buy” rating on the stock in a report on Monday, October 5th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of DuPont de Nemours in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and an average price target of $162.00.

DuPont de Nemours 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.