DuPont de Nemours, Inc. (NYSE:DD) Short Interest Down 14.6% in March

DuPont de Nemours, Inc. (NYSE:DD) was the recipient of a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 7,417,252 shares, a decrease of 14.6% from the February 26th total of 8,688,358 shares. Currently, 1.8% of the shares of the company are sold short. Based on an average daily volume of 4,359,492 shares, the days-to-cover ratio is currently 1.7 days.

Hedge Funds Weigh In On DuPont de Nemours

Large investors have recently added to or reduced their stakes in the company. Old North State Trust LLC grew its holdings in shares of DuPont de Nemours by 12.8% during the 4th quarter. Old North State Trust LLC now owns 7,136 shares of the basic materials company’s stock worth $287,000 after purchasing an additional 810 shares in the last quarter. Hsbc Holdings PLC raised its stake in shares of DuPont de Nemours by 2.2% in the fourth quarter. Hsbc Holdings PLC now owns 933,641 shares of the basic materials company’s stock valued at $37,626,000 after purchasing an additional 20,326 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in DuPont de Nemours by 14.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 75,511 shares of the basic materials company’s stock worth $3,036,000 after purchasing an additional 9,796 shares during the period. World Investment Advisors lifted its position in DuPont de Nemours by 25.4% in the fourth quarter. World Investment Advisors now owns 7,079 shares of the basic materials company’s stock worth $285,000 after purchasing an additional 1,432 shares during the period. Finally, Nalls Sherbakoff Group LLC acquired a new stake in DuPont de Nemours during the fourth quarter worth $29,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

Shares of DuPont de Nemours stock traded up $0.68 during midday trading on Wednesday, hitting $46.48. The company had a trading volume of 1,470,123 shares, compared to its average volume of 4,701,130. The business’s 50 day simple moving average is $46.76 and its two-hundred day simple moving average is $40.87. The stock has a market cap of $19.01 billion, a PE ratio of -24.99, a P/E/G ratio of 1.10 and a beta of 1.10. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.42 and a quick ratio of 1.91. DuPont de Nemours has a 1-year low of $22.50 and a 1-year high of $52.66.

DuPont de Nemours (NYSE:DD) last released its earnings results on Tuesday, February 10th. The basic materials company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.43 by $0.03. DuPont de Nemours had a negative net margin of 7.03% and a positive return on equity of 7.37%. The firm had revenue of ($1,871.00) million during the quarter, compared to analysts’ expectations of $1.69 billion. During the same period in the prior year, the company earned $1.13 EPS. The business’s quarterly revenue was up .2% compared to the same quarter last year. 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 predict that DuPont de Nemours will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $0.80 dividend on an annualized basis and a yield of 1.7%. DuPont de Nemours’s dividend payout ratio (DPR) is -43.01%.

Analyst Upgrades and Downgrades

DD has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of DuPont de Nemours to a “hold” rating in a research report on Saturday, January 10th. Deutsche Bank Aktiengesellschaft raised their target price on shares of DuPont de Nemours from $46.00 to $58.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. UBS Group lifted their target price on shares of DuPont de Nemours from $49.00 to $56.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Wells Fargo & Company boosted their target price on shares of DuPont de Nemours from $50.00 to $55.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of DuPont de Nemours in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, DuPont de Nemours has a consensus rating of “Moderate Buy” and an average price target of $51.86.

DuPont de Nemours Company Profile

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.