DuPont de Nemours, Inc. $DD Shares Sold by PFG Private Wealth Management LLC

PFG Private Wealth Management LLC decreased its holdings in shares of DuPont de Nemours, Inc. (NYSE:DDFree Report) by 66.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 2,074 shares of the basic materials company’s stock after selling 4,089 shares during the quarter. PFG Private Wealth Management LLC’s holdings in DuPont de Nemours were worth $281,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DD. Palisade Asset Management LLC purchased a new position in DuPont de Nemours in the third quarter valued at approximately $26,000. Imprint Wealth LLC purchased a new stake in shares of DuPont de Nemours during the 3rd quarter worth approximately $27,000. Basepoint Wealth LLC acquired a new position in shares of DuPont de Nemours in the 4th quarter valued at $28,000. Nalls Sherbakoff Group LLC acquired a new position in shares of DuPont de Nemours in the 4th quarter valued at $29,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in shares of DuPont de Nemours in the 3rd quarter valued at $30,000. 73.96% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on DD shares. Deutsche Bank Aktiengesellschaft lifted their price target on shares of DuPont de Nemours from $174.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Citigroup raised their price objective on DuPont de Nemours from $168.00 to $170.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. The Goldman Sachs Group lifted their target price on DuPont de Nemours from $53.00 to $159.00 and gave the stock a “neutral” rating in a research report on Thursday, June 25th. Zacks Research downgraded DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a report on Friday, July 17th. Finally, BMO Capital Markets upped their target price on DuPont de Nemours from $75.30 to $180.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Twelve research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $166.60.

Read Our Latest Report on DuPont de Nemours

DuPont de Nemours Stock Down 1.9%

DD stock opened at $132.07 on Wednesday. The company has a fifty day moving average price of $138.71 and a 200 day moving average price of $141.01. DuPont de Nemours, Inc. has a 12 month low of $92.49 and a 12 month high of $157.98. The company has a market cap of $17.83 billion, a price-to-earnings ratio of 293.55, a price-to-earnings-growth ratio of 1.23 and a beta of 1.06. 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:DDGet Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.12. The company had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.81 billion. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. DuPont de Nemours’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period last year, the firm posted $1.12 EPS. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. Sell-side analysts expect that DuPont de Nemours, Inc. will post 7.27 earnings per share for the current year.

DuPont de Nemours Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a dividend of $0.60 per share. The ex-dividend date is Monday, August 31st. This represents a $2.40 annualized dividend and a dividend yield of 1.8%. DuPont de Nemours’s dividend payout ratio is 533.33%.

DuPont de Nemours Company Profile

(Free Report)

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.

Further Reading

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

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