Clifford Swan Investment Counsel LLC Has $8.70 Million Stock Position in DuPont de Nemours, Inc. $DD

Clifford Swan Investment Counsel LLC lessened its stake in DuPont de Nemours, Inc. (NYSE:DD) by 68.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 64,143 shares of the basic materials company’s stock after selling 138,191 shares during the quarter. Clifford Swan Investment Counsel LLC’s holdings in DuPont de Nemours were worth $8,700,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Boussard & Gavaudan Gestion Sas bought a new stake in DuPont de Nemours during the second quarter worth $4,912,000. Brooks Moore & Associates Inc. bought a new position in shares of DuPont de Nemours in the 2nd quarter valued at about $480,000. Public Employees Retirement System of Ohio bought a new position in shares of DuPont de Nemours in the 2nd quarter valued at about $11,049,000. Birmingham Capital Management Co. Inc. AL acquired a new position in shares of DuPont de Nemours during the 2nd quarter worth about $494,000. Finally, First Bancorp Inc ME bought a new stake in shares of DuPont de Nemours in the 2nd quarter valued at about $90,000. 73.96% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. JPMorgan Chase & Co. lifted their price target on DuPont de Nemours from $171.00 to $172.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Citigroup lifted their price objective on shares of DuPont de Nemours from $168.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. UBS Group raised their target price on shares of DuPont de Nemours from $175.00 to $178.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of DuPont de Nemours from $174.00 to $180.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Finally, Royal Bank Of Canada lowered their price target on shares of DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating on the stock in a report on Friday, August 7th. Twelve research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $166.60.

DuPont de Nemours Trading Down 1.6%

Shares of DuPont de Nemours stock opened at $134.78 on Tuesday. The firm has a 50-day moving average of $138.87 and a 200-day moving average of $141.17. The stock has a market cap of $18.20 billion, a PE ratio of 299.57, a PEG ratio of 1.25 and a beta of 1.06. DuPont de Nemours, Inc. has a 52-week low of $92.49 and a 52-week high of $157.98. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.82 and a current ratio of 2.43.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.12. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. The business had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period last year, the firm earned $1.12 earnings per share. DuPont de Nemours’s revenue for the quarter was up 4.0% compared to the same quarter last year. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. As a group, sell-side analysts forecast that DuPont de Nemours, Inc. will post 7.27 EPS for the current year.

DuPont de Nemours Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $2.40 annualized dividend and a dividend yield of 1.8%. DuPont de Nemours’s dividend payout ratio (DPR) is currently 533.33%.

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.