DuPont de Nemours, Inc. $DD Stock: ZWJ Investment Counsel Inc. Increases Holdings

ZWJ Investment Counsel Inc. grew its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 22,166.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 383,198 shares of the basic materials company’s stock after acquiring an additional 381,477 shares during the period. DuPont de Nemours comprises about 1.4% of ZWJ Investment Counsel Inc.’s investment portfolio, making the stock its 25th biggest holding. ZWJ Investment Counsel Inc.’s holdings in DuPont de Nemours were worth $49,774,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of DD. Mather Group LLC. boosted its holdings in DuPont de Nemours by 17.3% in the third quarter. Mather Group LLC. now owns 7,398 shares of the basic materials company’s stock valued at $876,000 after purchasing an additional 1,090 shares during the last quarter. Meridian Investment Counsel Inc. grew its stake in DuPont de Nemours by 147.7% during the 3rd quarter. Meridian Investment Counsel Inc. now owns 7,929 shares of the basic materials company’s stock valued at $1,030,000 after purchasing an additional 4,728 shares in the last quarter. Adirondack Trust Co. grew its stake in DuPont de Nemours by 158.2% during the 3rd quarter. Adirondack Trust Co. now owns 1,056 shares of the basic materials company’s stock valued at $137,000 after purchasing an additional 647 shares in the last quarter. First Citizens Bank & Trust Co. increased its holdings in DuPont de Nemours by 605.6% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 12,305 shares of the basic materials company’s stock worth $1,598,000 after purchasing an additional 10,561 shares during the last quarter. Finally, Roberts Wealth Advisors LLC increased its holdings in DuPont de Nemours by 2.0% during the 3rd quarter. Roberts Wealth Advisors LLC now owns 14,157 shares of the basic materials company’s stock worth $1,839,000 after purchasing an additional 279 shares during the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on DD. Zacks Research lowered DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. UBS Group reduced their target price on DuPont de Nemours from $178.00 to $172.00 and set a “buy” rating for the company in a research note on Monday, October 5th. The Goldman Sachs Group decreased their price target on shares of DuPont de Nemours from $159.00 to $153.00 and set a “neutral” rating for the company in a research report on Wednesday, September 30th. Barclays assumed coverage on shares of DuPont de Nemours in a research note on Tuesday. They issued an “overweight” rating and a $156.00 price target for the company. Finally, Citigroup dropped their price target on shares of DuPont de Nemours from $170.00 to $162.00 and set a “buy” rating for the company in a research note on Wednesday, October 7th. Twelve equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, DuPont de Nemours presently has an average rating of “Moderate Buy” and an average target price of $163.00.

DuPont de Nemours Stock Performance

Shares of DuPont de Nemours stock opened at $128.41 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.82 and a current ratio of 2.43. DuPont de Nemours, Inc. has a 1 year low of $97.34 and a 1 year high of $157.98. The firm’s 50-day simple moving average is $133.78 and its 200-day simple moving average is $138.29. The firm has a market cap of $17.34 billion, a PE ratio of 285.42, a price-to-earnings-growth ratio of 1.18 and a beta of 1.05.

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

DuPont de Nemours Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Monday, November 30th. DuPont de Nemours’s dividend payout ratio (DPR) is currently 533.33%.

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.