Public Employees Retirement System of Ohio Makes New $11.05 Million Investment in DuPont de Nemours, Inc. $DD

Public Employees Retirement System of Ohio acquired a new stake in DuPont de Nemours, Inc. (NYSE:DD) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 81,458 shares of the basic materials company’s stock, valued at approximately $11,049,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC lifted its position in shares of DuPont de Nemours by 19.6% during the 4th quarter. Brighton Jones LLC now owns 5,012 shares of the basic materials company’s stock worth $382,000 after buying an additional 822 shares during the last quarter. Empowered Funds LLC grew its position in shares of DuPont de Nemours by 8.9% in the 1st quarter. Empowered Funds LLC now owns 11,550 shares of the basic materials company’s stock valued at $863,000 after buying an additional 947 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in shares of DuPont de Nemours in the 2nd quarter valued at $365,000. United Bank raised its stake in DuPont de Nemours by 14.6% during the 2nd quarter. United Bank now owns 18,816 shares of the basic materials company’s stock worth $1,291,000 after acquiring an additional 2,396 shares in the last quarter. Finally, First Trust Advisors LP lifted its position in DuPont de Nemours by 2.1% in the second quarter. First Trust Advisors LP now owns 200,444 shares of the basic materials company’s stock valued at $13,749,000 after acquiring an additional 4,186 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on DD shares. UBS Group lifted their target price on DuPont de Nemours from $175.00 to $178.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. The Goldman Sachs Group raised their price target on DuPont de Nemours from $53.00 to $159.00 and gave the stock a “neutral” rating in a research note on Thursday, June 25th. JPMorgan Chase & Co. lifted their price target on DuPont de Nemours from $171.00 to $172.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Royal Bank Of Canada reduced their price objective on DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating for the company in a research note on Friday, August 7th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of DuPont de Nemours in a report on Monday, August 3rd. Twelve research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, DuPont de Nemours has an average rating of “Moderate Buy” and a consensus target price of $166.60.

DuPont de Nemours Price Performance

Shares of DD opened at $134.78 on Tuesday. DuPont de Nemours, Inc. has a fifty-two week low of $92.49 and a fifty-two week high of $157.98. The company has a market capitalization of $18.20 billion, a price-to-earnings ratio of 299.57, a price-to-earnings-growth ratio of 1.25 and a beta of 1.06. The firm has a 50-day simple moving average of $138.87 and a 200-day simple moving average of $141.17. 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 (NYSE:DD) last issued its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.12. The firm had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.81 billion. DuPont de Nemours had a return on equity of 6.92% and a net margin of 0.67%.The firm’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.12 EPS. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. On average, equities research analysts anticipate that DuPont de Nemours, Inc. will post 7.27 earnings per share for the current year.

DuPont de Nemours Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $2.40 annualized dividend and a dividend yield of 1.8%. DuPont de Nemours’s dividend payout ratio (DPR) is currently 533.33%.

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.