DuPont de Nemours, Inc. $DD Stock: Iams Wealth Management LLC Increases Position

Iams Wealth Management LLC increased its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 174.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 25,243 shares of the basic materials company’s stock after purchasing an additional 16,038 shares during the period. DuPont de Nemours comprises 0.9% of Iams Wealth Management LLC’s holdings, making the stock its 27th largest holding. Iams Wealth Management LLC’s holdings in DuPont de Nemours were worth $3,279,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Elevation Wealth Partners LLC raised its stake in DuPont de Nemours by 168.5% in the second quarter. Elevation Wealth Partners LLC now owns 239 shares of the basic materials company’s stock valued at $32,000 after buying an additional 150 shares during the last quarter. Brooks Moore & Associates Inc. boosted its holdings in DuPont de Nemours by 2.4% in the fourth quarter. Brooks Moore & Associates Inc. now owns 10,658 shares of the basic materials company’s stock worth $428,000 after acquiring an additional 250 shares in the last quarter. 1ST Source Bank grew its stake in shares of DuPont de Nemours by 1.5% during the first quarter. 1ST Source Bank now owns 17,451 shares of the basic materials company’s stock worth $799,000 after acquiring an additional 252 shares during the last quarter. Allegheny Financial Group grew its stake in shares of DuPont de Nemours by 4.3% during the first quarter. Allegheny Financial Group now owns 6,132 shares of the basic materials company’s stock worth $281,000 after acquiring an additional 255 shares during the last quarter. Finally, Roberts Wealth Advisors LLC increased its holdings in shares of DuPont de Nemours by 2.0% during the third quarter. Roberts Wealth Advisors LLC now owns 14,157 shares of the basic materials company’s stock valued at $1,839,000 after acquiring an additional 279 shares in the last quarter. 73.96% of the stock is owned by institutional investors and hedge funds.

DuPont de Nemours Stock Performance

Shares of DD opened at $131.45 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.82 and a current ratio of 2.43. The stock has a 50-day moving average of $133.53 and a two-hundred day moving average of $138.26. The stock has a market cap of $17.75 billion, a P/E ratio of 292.17, a P/E/G ratio of 1.17 and a beta of 1.05. DuPont de Nemours, Inc. has a one year low of $97.34 and a one year high of $157.98.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.76 by $0.12. DuPont de Nemours had a return on equity of 6.92% and a net margin of 0.67%. The business had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period in the prior year, the company earned $1.12 earnings per share. The company’s revenue was up 4.0% on a year-over-year basis. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. As a group, research analysts predict that DuPont de Nemours, Inc. will post 7.26 EPS for the current year.

DuPont de Nemours Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.8%. The ex-dividend date is Monday, November 30th. DuPont de Nemours’s payout ratio is presently 533.33%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. UBS Group decreased their price objective on shares of DuPont de Nemours from $178.00 to $172.00 and set a “buy” rating for the company in a research report on Monday, October 5th. Barclays initiated coverage on shares of DuPont de Nemours in a research report on Tuesday. They set an “overweight” rating and a $156.00 target price on the stock. JPMorgan Chase & Co. lowered shares of DuPont de Nemours from an “overweight” rating to a “neutral” rating and cut their price target for the company from $172.00 to $145.00 in a research note on Friday, October 9th. Weiss Ratings restated a “sell (d+)” rating on shares of DuPont de Nemours in a research note on Monday, August 3rd. Finally, Zacks Research cut shares of DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, DuPont de Nemours currently has an average rating of “Moderate Buy” and an average target price of $162.00.

DuPont de Nemours Company Profile

DuPont de Nemours, Inc is a science and technology company that develops engineered materials, specialty chemicals and other performance solutions for industrial and consumer markets. Its products are used in areas including electronics and semiconductor manufacturing, water purification, healthcare, transportation, construction, aerospace, worker safety and industrial processing.

DuPont’s portfolio includes well-known brands and materials such as Kevlar aramid fiber, Nomex flame-resistant materials, Tyvek protective materials, Kapton polyimide film, Vespel high-performance parts and Corian solid-surface materials.