NBT Bank N.A. acquired a new position in DuPont de Nemours, Inc. (NYSE:DD – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,544 shares of the basic materials company’s stock, valued at approximately $850,000.
Other large investors have also recently made changes to their positions in the company. State Street Corp grew its position in DuPont de Nemours by 140.3% in the second 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 in the last quarter. Bank of America Corp DE boosted its holdings in shares of DuPont de Nemours by 22.0% in the 1st quarter. Bank of America Corp DE now owns 4,629,671 shares of the basic materials company’s stock worth $212,039,000 after purchasing an additional 835,572 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of DuPont de Nemours by 10.0% in the 1st quarter. Bank of New York Mellon Corp now owns 3,706,596 shares of the basic materials company’s stock worth $169,762,000 after purchasing an additional 336,780 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of DuPont de Nemours by 4.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,509,831 shares of the basic materials company’s stock worth $160,688,000 after purchasing an additional 163,210 shares during the period. Finally, Amundi increased its position in shares of DuPont de Nemours by 31.3% during the 1st quarter. Amundi now owns 2,478,630 shares of the basic materials company’s stock valued at $113,526,000 after purchasing an additional 591,011 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
DD has been the topic of several recent research reports. JPMorgan Chase & Co. lowered DuPont de Nemours from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $172.00 to $145.00 in a report on Friday, October 9th. The Goldman Sachs Group dropped their price objective on shares of 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. Barclays started coverage on shares of DuPont de Nemours in a research report on Tuesday, October 13th. They set an “overweight” rating and a $156.00 price objective on the stock. Citigroup cut their price objective on shares of DuPont de Nemours from $170.00 to $162.00 and set a “buy” rating on the stock in a research report on Wednesday, October 7th. Finally, Zacks Research downgraded shares of DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, DuPont de Nemours has an average rating of “Moderate Buy” and an average price target of $162.00.
Check Out Our Latest Analysis on DuPont de Nemours
DuPont de Nemours Price Performance
DD opened at $136.47 on Friday. The business has a fifty day moving average of $132.24 and a 200 day moving average of $138.11. The stock has a market cap of $18.43 billion, a P/E ratio of 303.34, a PEG ratio of 1.25 and a beta of 1.05. The company has a quick ratio of 1.82, a current ratio of 2.43 and a debt-to-equity ratio of 0.23. DuPont de Nemours, Inc. has a 52-week low of $100.00 and a 52-week high of $157.98.
DuPont de Nemours (NYSE:DD – Get Free Report) last released its quarterly earnings data 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 during the quarter, compared to analysts’ expectations 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 quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.12 EPS. 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 7.25 EPS for the current year.
DuPont de Nemours Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be issued a $0.60 dividend. The ex-dividend date 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%.
DuPont de Nemours Company Profile
DuPont de Nemours, Inc is a diversified science and technology company that develops engineered materials and specialty products for industrial and consumer markets. Its offerings are used in applications including electronics, semiconductor manufacturing, water purification, transportation, construction, healthcare, and worker and consumer protection.
The company’s product portfolio has historically included high-performance films, resins, adhesives, engineered polymers, specialty fibers, protective materials, water-treatment membranes, and filtration technologies.
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