Royal Fund Management LLC purchased a new position in shares of DuPont de Nemours, Inc. (NYSE:DD – Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 36,344 shares of the basic materials company’s stock, valued at approximately $1,461,000.
Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of DuPont de Nemours by 6.7% during the 3rd quarter. Vanguard Group Inc. now owns 50,867,267 shares of the basic materials company’s stock worth $3,962,560,000 after buying an additional 3,203,044 shares during the period. Invesco Ltd. raised its holdings in DuPont de Nemours by 28.2% in the 3rd quarter. Invesco Ltd. now owns 8,828,110 shares of the basic materials company’s stock worth $687,710,000 after acquiring an additional 1,942,589 shares during the period. Mondrian Investment Partners LTD acquired a new position in DuPont de Nemours during the 3rd quarter worth $138,503,000. Ilex Capital Partners UK LLP lifted its position in DuPont de Nemours by 175.8% during the 2nd quarter. Ilex Capital Partners UK LLP now owns 2,043,299 shares of the basic materials company’s stock worth $140,150,000 after acquiring an additional 1,302,341 shares during the last quarter. Finally, Merewether Investment Management LP bought a new stake in DuPont de Nemours during the third quarter valued at about $99,689,000. 73.96% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
DD has been the topic of a number of recent analyst reports. BMO Capital Markets lifted their price objective on DuPont de Nemours from $50.00 to $60.00 and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Citigroup increased their target price on DuPont de Nemours from $50.00 to $59.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Wall Street Zen raised DuPont de Nemours to a “hold” rating in a research report on Saturday, January 10th. Argus cut their price target on DuPont de Nemours from $86.00 to $52.00 and set a “buy” rating for the company in a report on Thursday, February 5th. Finally, Mizuho increased their price objective on DuPont de Nemours from $46.00 to $52.00 and gave the company an “outperform” rating in a research report on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $51.86.
DuPont de Nemours Trading Up 3.6%
DuPont de Nemours stock opened at $45.82 on Wednesday. The business has a 50 day moving average price of $46.76 and a two-hundred day moving average price of $40.87. The company has a quick ratio of 1.91, a current ratio of 2.42 and a debt-to-equity ratio of 0.22. DuPont de Nemours, Inc. has a 12 month low of $22.50 and a 12 month high of $52.66. The stock has a market cap of $18.74 billion, a price-to-earnings ratio of -24.63, a price-to-earnings-growth ratio of 1.10 and a beta of 1.10.
DuPont de Nemours (NYSE:DD – Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The basic materials company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.03. The company had revenue of ($1,871.00) million for the quarter, compared to analyst estimates of $1.69 billion. DuPont de Nemours had a positive return on equity of 7.37% and a negative net margin of 7.03%.DuPont de Nemours’s revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.13 EPS. DuPont de Nemours has set its FY 2026 guidance at 2.250-2.300 EPS and its Q1 2026 guidance at 0.480-0.480 EPS. As a group, equities analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.
DuPont de Nemours Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Monday, March 2nd. DuPont de Nemours’s payout ratio is -43.01%.
About DuPont de Nemours
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.
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