Ion Asset Management Ltd. purchased a new position in DuPont de Nemours, Inc. (NYSE:DD – Free Report) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 451,000 shares of the basic materials company’s stock, valued at approximately $35,133,000. DuPont de Nemours makes up 3.9% of Ion Asset Management Ltd.’s portfolio, making the stock its 11th biggest holding. Ion Asset Management Ltd. owned about 0.11% of DuPont de Nemours as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the business. Oppenheimer & Co. Inc. grew its position in DuPont de Nemours by 39.2% in the third quarter. Oppenheimer & Co. Inc. now owns 104,565 shares of the basic materials company’s stock worth $8,146,000 after buying an additional 29,473 shares during the last quarter. Xponance Inc. boosted its stake in shares of DuPont de Nemours by 113.6% during the 3rd quarter. Xponance Inc. now owns 134,797 shares of the basic materials company’s stock worth $10,501,000 after acquiring an additional 71,695 shares in the last quarter. Citigroup Inc. grew its holdings in shares of DuPont de Nemours by 20.2% in the 3rd quarter. Citigroup Inc. now owns 572,650 shares of the basic materials company’s stock worth $44,609,000 after acquiring an additional 96,062 shares during the last quarter. Drummond Knight Asset Management Pty Ltd raised its position in shares of DuPont de Nemours by 107.9% during the second quarter. Drummond Knight Asset Management Pty Ltd now owns 704,489 shares of the basic materials company’s stock worth $48,321,000 after purchasing an additional 365,619 shares during the period. Finally, Nomura Asset Management Co. Ltd. lifted its holdings in shares of DuPont de Nemours by 33.8% during the second quarter. Nomura Asset Management Co. Ltd. now owns 524,356 shares of the basic materials company’s stock valued at $35,966,000 after purchasing an additional 132,427 shares during the last quarter. Institutional investors own 73.96% of the company’s stock.
Wall Street Analysts Forecast Growth
DD has been the topic of several analyst reports. Weiss Ratings reissued a “sell (d+)” rating on shares of DuPont de Nemours in a research report on Monday, December 22nd. Wolfe Research increased their target price on DuPont de Nemours from $49.00 to $54.00 and gave the company an “outperform” rating in a report on Wednesday, February 11th. BMO Capital Markets lifted their price target on DuPont de Nemours from $50.00 to $60.00 and gave the company an “outperform” rating in a report on Thursday, February 12th. JPMorgan Chase & Co. increased their price objective on DuPont de Nemours from $48.00 to $50.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on DuPont de Nemours from $46.00 to $58.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, DuPont de Nemours has an average rating of “Moderate Buy” and an average price target of $51.86.
DuPont de Nemours Trading Down 1.0%
Shares of NYSE DD opened at $44.87 on Monday. The business has a 50 day simple moving average of $46.36 and a 200 day simple moving average of $39.81. DuPont de Nemours, Inc. has a 52 week low of $22.50 and a 52 week high of $52.66. The stock has a market cap of $18.35 billion, a price-to-earnings ratio of -24.12, a PEG ratio of 1.12 and a beta of 1.09. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.91 and a current ratio of 2.42.
DuPont de Nemours (NYSE:DD – Get Free Report) last posted its earnings results on Tuesday, February 10th. The basic materials company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.03. The firm had revenue of $1.69 billion during the quarter, compared to analysts’ expectations of $1.69 billion. DuPont de Nemours had a negative net margin of 7.03% and a positive return on equity of 7.37%. The company’s revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the company earned $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. On average, research analysts predict that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.
DuPont de Nemours Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.8%. The ex-dividend date is Monday, March 2nd. DuPont de Nemours’s dividend payout ratio (DPR) is -43.01%.
DuPont de Nemours Company 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.
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