DuPont de Nemours, Inc. $DD Shares Sold by M&T Bank Corp

M&T Bank Corp cut its position in DuPont de Nemours, Inc. (NYSE:DD) by 3.7% during the fourth quarter, Holdings Channel reports. The firm owned 1,588,926 shares of the basic materials company’s stock after selling 61,549 shares during the period. M&T Bank Corp’s holdings in DuPont de Nemours were worth $63,874,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of the company. Ashton Thomas Private Wealth LLC increased its holdings in shares of DuPont de Nemours by 15.2% in the fourth quarter. Ashton Thomas Private Wealth LLC now owns 23,186 shares of the basic materials company’s stock valued at $932,000 after purchasing an additional 3,055 shares during the period. D.A. Davidson & CO. increased its holdings in shares of DuPont de Nemours by 0.7% in the fourth quarter. D.A. Davidson & CO. now owns 34,767 shares of the basic materials company’s stock valued at $1,398,000 after purchasing an additional 253 shares during the period. Camelot Portfolios LLC acquired a new position in shares of DuPont de Nemours in the fourth quarter valued at about $70,000. Sanctuary Advisors LLC increased its holdings in shares of DuPont de Nemours by 3.9% in the fourth quarter. Sanctuary Advisors LLC now owns 43,504 shares of the basic materials company’s stock valued at $1,749,000 after purchasing an additional 1,623 shares during the period. Finally, Concurrent Investment Advisors LLC increased its holdings in shares of DuPont de Nemours by 9.3% in the fourth quarter. Concurrent Investment Advisors LLC now owns 34,328 shares of the basic materials company’s stock valued at $1,380,000 after purchasing an additional 2,924 shares during the period. 73.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on DD. Bank of America cut their price objective on DuPont de Nemours from $50.00 to $47.00 and set a “neutral” rating on the stock in a report on Tuesday, April 21st. Argus dropped their target price on DuPont de Nemours from $86.00 to $52.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. Wall Street Zen raised DuPont de Nemours to a “hold” rating in a report on Saturday, January 10th. Zacks Research lowered DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Finally, UBS Group raised their target price on DuPont de Nemours from $49.00 to $56.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Twelve equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, DuPont de Nemours currently has an average rating of “Moderate Buy” and a consensus price target of $54.57.

DuPont de Nemours Stock Performance

Shares of DD stock opened at $46.38 on Monday. The company has a market capitalization of $19.01 billion, a P/E ratio of -24.93, a P/E/G ratio of 1.60 and a beta of 1.02. The business’s 50 day moving average is $46.49 and its two-hundred day moving average is $43.02. The company has a current ratio of 2.42, a quick ratio of 1.91 and a debt-to-equity ratio of 0.22. DuPont de Nemours, Inc. has a 12-month low of $26.82 and a 12-month high of $52.66.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings results on Tuesday, February 10th. The basic materials company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.03. The company had revenue of ($1,871.00) million for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.13 earnings per share. 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. Analysts expect that DuPont de Nemours, Inc. will post 2.27 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Friday, May 15th. DuPont de Nemours’s dividend payout ratio (DPR) is -43.01%.

DuPont de Nemours 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.