DuPont de Nemours, Inc. $DD Stock Acquired by State of Alaska Department of Revenue

State of Alaska Department of Revenue increased its holdings in DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 458.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 74,740 shares of the basic materials company’s stock after buying an additional 61,352 shares during the quarter. State of Alaska Department of Revenue’s holdings in DuPont de Nemours were worth $9,708,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Elevation Wealth Partners LLC boosted its holdings in DuPont de Nemours by 168.5% during the second 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. Brooks Moore & Associates Inc. lifted its position in shares of DuPont de Nemours by 2.4% during the 4th quarter. Brooks Moore & Associates Inc. now owns 10,658 shares of the basic materials company’s stock worth $428,000 after buying an additional 250 shares during the period. 1ST Source Bank lifted its position in shares of DuPont de Nemours by 1.5% during the 1st quarter. 1ST Source Bank now owns 17,451 shares of the basic materials company’s stock worth $799,000 after buying an additional 252 shares during the period. Allegheny Financial Group lifted its position in shares of DuPont de Nemours by 4.3% during the 1st quarter. Allegheny Financial Group now owns 6,132 shares of the basic materials company’s stock worth $281,000 after buying an additional 255 shares during the period. Finally, Roberts Wealth Advisors LLC boosted its stake in DuPont de Nemours by 2.0% in the 3rd quarter. Roberts Wealth Advisors LLC now owns 14,157 shares of the basic materials company’s stock valued at $1,839,000 after buying an additional 279 shares in the last quarter. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

NYSE DD opened at $131.45 on Friday. The firm has a market cap of $17.75 billion, a price-to-earnings ratio of 292.17, a PEG ratio of 1.17 and a beta of 1.05. The company has a 50 day moving average of $133.53 and a 200-day moving average of $138.26. The company has a current ratio of 2.43, a quick ratio of 1.82 and a debt-to-equity ratio of 0.23. DuPont de Nemours, Inc. has a 1-year low of $97.34 and a 1-year high of $157.98.

DuPont de Nemours (NYSE:DD – Get Free Report) last announced its earnings results on Tuesday, August 4th. The basic materials company reported $1.88 EPS for the quarter, topping the consensus estimate of $1.76 by $0.12. The business 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%. DuPont de Nemours’s revenue was up 4.0% compared to the same quarter last year. 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. On average, 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 disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be given a $0.60 dividend. The ex-dividend date is Monday, November 30th. This represents a $2.40 annualized dividend and a yield of 1.8%. DuPont de Nemours’s payout ratio is presently 533.33%.

Analyst Ratings Changes

A number of analysts have weighed in on DD shares. Weiss Ratings reiterated a “sell (d+)” rating on shares of DuPont de Nemours in a research report on Monday, August 3rd. Citigroup cut 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. Royal Bank Of Canada reduced their target price on shares of DuPont de Nemours from $176.00 to $160.00 and set an “outperform” rating on the stock in a research note on Thursday. The Goldman Sachs Group reduced their target price on shares of DuPont de Nemours from $159.00 to $153.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 30th. Finally, JPMorgan Chase & Co. lowered shares of DuPont de Nemours from an “overweight” rating to a “neutral” rating and lowered their target price for the stock from $172.00 to $145.00 in a report on Friday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $162.00.

Read Our Latest Stock Analysis on DD

About DuPont de Nemours

(Free Report)

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.

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Institutional Ownership by Quarter for DuPont de Nemours (NYSE:DD)

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