DuPont de Nemours, Inc. $DD Stock: Sumitomo Mitsui DS Asset Management Company Ltd Boosts Holdings

Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 525.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 119,290 shares of the basic materials company’s stock after purchasing an additional 100,221 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd owned approximately 0.09% of DuPont de Nemours worth $15,495,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of DD. Generali Investments Management Co LLC raised its stake in DuPont de Nemours by 3,410.5% in the 3rd quarter. Generali Investments Management Co LLC now owns 11,409 shares of the basic materials company’s stock valued at $1,482,000 after purchasing an additional 11,084 shares during the last quarter. Brown Lisle Cummings Inc. lifted its holdings in DuPont de Nemours by 25.6% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 2,069 shares of the basic materials company’s stock valued at $259,000 after purchasing an additional 422 shares in the last quarter. Delta Capital Management LLC boosted its stake in shares of DuPont de Nemours by 1.1% during the 3rd quarter. Delta Capital Management LLC now owns 13,620 shares of the basic materials company’s stock worth $1,769,000 after purchasing an additional 143 shares during the last quarter. Burns Matteson Capital Management LLC acquired a new stake in shares of DuPont de Nemours during the 3rd quarter worth about $308,000. Finally, St. Louis Financial Planners Asset Management LLC acquired a new stake in shares of DuPont de Nemours during the 3rd quarter worth about $306,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on DD shares. Zacks Research downgraded shares of DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a report on Friday, July 17th. JPMorgan Chase & Co. downgraded shares of DuPont de Nemours from an “overweight” rating to a “neutral” rating and reduced their price objective for the company from $172.00 to $145.00 in a research note on Friday, October 9th. Barclays initiated coverage on shares of DuPont de Nemours in a research report on Tuesday, October 13th. They set an “overweight” rating and a $156.00 target price on the stock. The Goldman Sachs Group lowered their target price 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. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of DuPont de Nemours in a research note on Monday, August 3rd. One 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 given a Sell rating to the stock. Based on data from MarketBeat.com, DuPont de Nemours presently has a consensus rating of “Moderate Buy” and an average target price of $162.00.

DuPont de Nemours Stock Performance

NYSE DD opened at $133.21 on Wednesday. The business’s 50-day moving average price is $132.82 and its 200 day moving average price is $138.15. 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 twelve month low of $99.20 and a twelve month high of $157.98. The company has a market capitalization of $17.99 billion, a PE ratio of 296.07, 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 data on Tuesday, August 4th. The basic materials company reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.12. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. The company had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the prior year, the company posted $1.12 EPS. The company’s quarterly revenue was up 4.0% compared to the same quarter last year. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. On average, research analysts predict that DuPont de Nemours, Inc. will post 7.26 earnings per share for the current year.

DuPont de Nemours Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, November 30th. This represents a $2.40 dividend on an annualized basis and a yield of 1.8%. DuPont de Nemours’s dividend payout ratio (DPR) is currently 533.33%.

About DuPont de Nemours

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.