Newport Trust Company LLC Decreases Stock Position in DuPont de Nemours, Inc. $DD

Newport Trust Company LLC lessened its position in DuPont de Nemours, Inc. (NYSE:DDFree Report) by 24.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 377,898 shares of the basic materials company’s stock after selling 123,076 shares during the quarter. Newport Trust Company LLC owned about 0.09% of DuPont de Nemours worth $15,192,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Palisade Asset Management LLC purchased a new position in shares of DuPont de Nemours in the third quarter valued at approximately $26,000. Financial Life Planners purchased a new position in shares of DuPont de Nemours in the third quarter valued at approximately $27,000. Imprint Wealth LLC purchased a new position in shares of DuPont de Nemours in the third quarter valued at approximately $27,000. Measured Wealth Private Client Group LLC purchased a new position in shares of DuPont de Nemours in the third quarter valued at approximately $30,000. Finally, Aster Capital Management DIFC Ltd purchased a new position in shares of DuPont de Nemours in the third quarter valued at approximately $44,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Price Performance

DD stock opened at $47.20 on Friday. The business has a fifty day moving average of $46.64 and a two-hundred day moving average of $44.43. The company has a quick ratio of 2.11, a current ratio of 2.68 and a debt-to-equity ratio of 0.22. The stock has a market cap of $19.35 billion, a price-to-earnings ratio of -786.57, a price-to-earnings-growth ratio of 1.34 and a beta of 1.02. DuPont de Nemours, Inc. has a 52-week low of $27.16 and a 52-week high of $52.66.

DuPont de Nemours (NYSE:DDGet Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.07. DuPont de Nemours had a positive return on equity of 7.15% and a negative net margin of 0.30%.The business had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.67 billion. During the same period in the previous year, the firm posted $1.03 earnings per share. The company’s revenue was up 4.3% on a year-over-year basis. DuPont de Nemours has set its Q2 2026 guidance at 0.590-0.590 EPS and its FY 2026 guidance at 2.350-2.400 EPS. As a group, research analysts anticipate that DuPont de Nemours, Inc. will post 2.39 earnings per share for the current year.

DuPont de Nemours Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.7%. DuPont de Nemours’s payout ratio is presently -1,333.33%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on DD shares. Wolfe Research raised their target price on DuPont de Nemours from $49.00 to $54.00 and gave the company an “outperform” rating in a research report on Wednesday, February 11th. Citigroup decreased their target price on DuPont de Nemours from $59.00 to $56.00 and set a “buy” rating on the stock in a research report on Monday, April 13th. Jefferies Financial Group raised their target price on DuPont de Nemours from $51.00 to $59.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Mizuho raised their target price on DuPont de Nemours from $46.00 to $52.00 and gave the company an “outperform” rating in a research report on Tuesday, February 10th. Finally, BMO Capital Markets raised their target price on DuPont de Nemours from $25.10 to $60.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Twelve investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $55.21.

View Our Latest Research Report on DuPont de Nemours

DuPont de Nemours Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding DD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DuPont de Nemours, Inc. (NYSE:DDFree Report).

Institutional Ownership by Quarter for DuPont de Nemours (NYSE:DD)

Receive News & Ratings for DuPont de Nemours Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DuPont de Nemours and related companies with MarketBeat.com's FREE daily email newsletter.