Jacobi Capital Management LLC Has $1.72 Million Position in DuPont de Nemours, Inc. $DD

Jacobi Capital Management LLC cut its position in DuPont de Nemours, Inc. (NYSE:DD) by 2.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,968 shares of the basic materials company’s stock after selling 570 shares during the quarter. Jacobi Capital Management LLC’s holdings in DuPont de Nemours were worth $1,715,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in DD. Nuveen LLC acquired a new position in shares of DuPont de Nemours in the 1st quarter valued at approximately $531,037,000. Assenagon Asset Management S.A. raised its position in shares of DuPont de Nemours by 87.1% in the 1st quarter. Assenagon Asset Management S.A. now owns 1,980,833 shares of the basic materials company’s stock valued at $147,929,000 after buying an additional 922,387 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of DuPont de Nemours by 21.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,159,807 shares of the basic materials company’s stock valued at $310,656,000 after buying an additional 746,364 shares in the last quarter. GAMMA Investing LLC increased its position in DuPont de Nemours by 7,327.1% during the 1st quarter. GAMMA Investing LLC now owns 610,882 shares of the basic materials company’s stock worth $45,621,000 after purchasing an additional 602,657 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in DuPont de Nemours by 18.8% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,746,267 shares of the basic materials company’s stock worth $209,403,000 after purchasing an additional 433,668 shares in the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Trading Up 2.5%

Shares of NYSE DD opened at $78.02 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 1.41. DuPont de Nemours, Inc. has a 52-week low of $53.77 and a 52-week high of $90.06. The firm has a 50 day moving average price of $74.71 and a two-hundred day moving average price of $71.10. The stock has a market cap of $32.67 billion, a P/E ratio of -165.99, a price-to-earnings-growth ratio of 1.89 and a beta of 1.07.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.06. DuPont de Nemours had a negative net margin of 1.54% and a positive return on equity of 7.85%. The firm had revenue of $3.26 billion during the quarter, compared to analysts’ expectations of $3.23 billion. During the same period in the prior year, the company posted $0.97 EPS. The company’s revenue was up 2.7% on a year-over-year basis. DuPont de Nemours has set its FY 2025 guidance at 4.400-4.400 EPS. Q3 2025 guidance at 1.150-1.150 EPS. As a group, equities analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, August 29th will be paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, August 29th. DuPont de Nemours’s dividend payout ratio is currently -348.94%.

Insider Activity at DuPont de Nemours

In other news, SVP Steven P. Larrabee sold 6,000 shares of the company’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $78.00, for a total value of $468,000.00. Following the sale, the senior vice president directly owned 42,585 shares of the company’s stock, valued at approximately $3,321,630. This represents a 12.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.61% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on DD shares. UBS Group upped their price objective on shares of DuPont de Nemours from $87.00 to $89.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. Mizuho upped their price objective on shares of DuPont de Nemours from $80.00 to $85.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 15th. KeyCorp upped their price objective on shares of DuPont de Nemours from $87.00 to $92.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 6th. Royal Bank Of Canada upped their price objective on shares of DuPont de Nemours from $93.00 to $94.00 and gave the stock an “outperform” rating in a research report on Friday, August 8th. Finally, Citigroup upped their price objective on shares of DuPont de Nemours from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, July 3rd. Nine investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and an average target price of $88.25.

DuPont de Nemours Company Profile

DuPont de Nemours, Inc provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.