TD Asset Management Inc Sells 14,898 Shares of DuPont de Nemours, Inc. $DD

TD Asset Management Inc lowered its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 7.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 173,172 shares of the basic materials company’s stock after selling 14,898 shares during the period. TD Asset Management Inc’s holdings in DuPont de Nemours were worth $13,490,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of DD. Norges Bank acquired a new stake in shares of DuPont de Nemours during the second quarter valued at about $313,306,000. Vanguard Group Inc. raised its holdings in DuPont de Nemours by 6.7% in the 3rd quarter. Vanguard Group Inc. now owns 50,867,267 shares of the basic materials company’s stock valued at $3,962,560,000 after buying an additional 3,203,044 shares during the last quarter. Mondrian Investment Partners LTD acquired a new stake in DuPont de Nemours during the 3rd quarter worth approximately $138,503,000. Ilex Capital Partners UK LLP grew its holdings in DuPont de Nemours by 175.8% during the 2nd quarter. Ilex Capital Partners UK LLP now owns 2,043,299 shares of the basic materials company’s stock worth $140,150,000 after acquiring an additional 1,302,341 shares during the last quarter. Finally, Skandinaviska Enskilda Banken AB publ increased its position in DuPont de Nemours by 1,135.4% in the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 1,159,785 shares of the basic materials company’s stock valued at $90,347,000 after acquiring an additional 1,065,905 shares during the period. Institutional investors and hedge funds own 73.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of DuPont de Nemours in a report on Monday, December 22nd. Mizuho lifted their target price on DuPont de Nemours from $46.00 to $52.00 and gave the stock an “outperform” rating in a report on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft upped their price target on DuPont de Nemours from $46.00 to $58.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. Wall Street Zen upgraded DuPont de Nemours to a “hold” rating in a research report on Saturday, January 10th. Finally, Citigroup lifted their price objective on DuPont de Nemours from $50.00 to $59.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $51.86.

DuPont de Nemours Stock Down 0.6%

Shares of NYSE:DD opened at $50.05 on Monday. The company has a market capitalization of $20.47 billion, a price-to-earnings ratio of -26.91, a P/E/G ratio of 1.25 and a beta of 1.09. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.42 and a quick ratio of 1.91. The business’s 50-day moving average is $45.23 and its 200-day moving average is $38.75. DuPont de Nemours, Inc. 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, topping the consensus estimate of $0.43 by $0.03. DuPont de Nemours had a positive return on equity of 7.37% and a negative net margin of 7.03%.The business had revenue of $1.69 billion during the quarter, compared to analysts’ expectations of $1.69 billion. During the same quarter last year, the firm posted $1.13 earnings per share. The firm’s revenue was up .2% on a year-over-year basis. 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. Equities research analysts predict that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours announced that its Board of Directors has approved a stock buyback plan on Thursday, November 6th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the basic materials company to repurchase up to 12.2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

DuPont de Nemours Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $0.80 annualized dividend and a yield of 1.6%. DuPont de Nemours’s dividend payout ratio is currently -43.01%.

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.