Sequoia Financial Advisors LLC Has $45.07 Million Stock Position in DuPont de Nemours, Inc. $DD

Sequoia Financial Advisors LLC lowered its position in DuPont de Nemours, Inc. (NYSE:DD) by 64.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 332,292 shares of the basic materials company’s stock after selling 596,920 shares during the quarter. Sequoia Financial Advisors LLC owned 0.25% of DuPont de Nemours worth $45,072,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of DD. Brighton Jones LLC increased its holdings in DuPont de Nemours by 19.6% in the 4th quarter. Brighton Jones LLC now owns 5,012 shares of the basic materials company’s stock valued at $382,000 after buying an additional 822 shares during the period. Empowered Funds LLC boosted its position in shares of DuPont de Nemours by 8.9% during the 1st quarter. Empowered Funds LLC now owns 11,550 shares of the basic materials company’s stock valued at $863,000 after acquiring an additional 947 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of DuPont de Nemours during the 2nd quarter valued at about $365,000. United Bank increased its stake in DuPont de Nemours by 14.6% in the second quarter. United Bank now owns 18,816 shares of the basic materials company’s stock valued at $1,291,000 after acquiring an additional 2,396 shares during the period. Finally, First Trust Advisors LP raised 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 worth $13,749,000 after purchasing an additional 4,186 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

NYSE DD opened at $127.94 on Thursday. The company has a 50 day moving average of $138.05 and a 200-day moving average of $140.18. 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 1-year low of $92.49 and a 1-year high of $157.98. The firm has a market cap of $17.28 billion, a price-to-earnings ratio of 284.36, a PEG ratio of 1.20 and a beta of 1.06.

DuPont de Nemours (NYSE:DD) last announced its earnings results on Tuesday, August 4th. The basic materials company reported $1.88 EPS for the quarter, topping the consensus estimate of $1.76 by $0.12. DuPont de Nemours had a return on equity of 6.92% and a net margin of 0.67%.The company had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the prior year, the business earned $1.12 earnings per share. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. On average, equities analysts forecast that DuPont de Nemours, Inc. will post 7.27 earnings per share for the current fiscal year.

DuPont de Nemours Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a $0.60 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. DuPont de Nemours’s payout ratio is currently 533.33%.

Analysts Set New Price Targets

A number of research analysts have commented on DD shares. Citigroup raised their price target on shares of DuPont de Nemours from $168.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. The Goldman Sachs Group increased their target price on DuPont de Nemours from $53.00 to $159.00 and gave the stock a “neutral” rating in a report on Thursday, June 25th. UBS Group raised 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. Royal Bank Of Canada cut their target price on DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating for the company in a research report on Friday, August 7th. Finally, JPMorgan Chase & Co. boosted their price target on DuPont de Nemours from $171.00 to $172.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. Twelve analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $166.60.

DuPont de Nemours Profile

DuPont de Nemours, Inc is a global materials science company headquartered in Wilmington, Delaware. The company develops engineered materials and specialty products used in electronics, transportation, construction, healthcare, water treatment, and industrial applications.

Its offerings include semiconductor and advanced packaging materials, engineering polymers, specialty resins, water purification and separation technologies, and protective materials and solutions. DuPont’s products are sold to manufacturers, industrial customers, and other businesses across North America, Europe, Asia-Pacific, and other international markets.

The company was formed in 2019 following the separation of DowDuPont into independent companies, including DuPont, Dow, and Corteva.