DuPont de Nemours, Inc. $DD Stock: Obermeyer Wealth Partners Increases Holdings

Obermeyer Wealth Partners raised its position in DuPont de Nemours, Inc. (NYSE:DD) by 54.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,551 shares of the basic materials company’s stock after buying an additional 4,763 shares during the quarter. Obermeyer Wealth Partners’ holdings in DuPont de Nemours were worth $1,760,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in DD. State Street Corp raised its position in DuPont de Nemours by 140.3% during the second quarter. State Street Corp now owns 44,941,824 shares of the basic materials company’s stock valued at $6,095,909,000 after purchasing an additional 26,238,300 shares in the last quarter. Groupe la Francaise bought a new stake in DuPont de Nemours during the second quarter worth $1,394,000. Boussard & Gavaudan Gestion Sas acquired a new stake in shares of DuPont de Nemours in the 2nd quarter valued at $4,912,000. Ancora Advisors LLC acquired a new stake in shares of DuPont de Nemours in the 2nd quarter valued at $8,317,000. Finally, Cullen Capital Management LLC acquired a new stake in shares of DuPont de Nemours in the 2nd quarter valued at $2,081,000. 73.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on DD shares. Citigroup lowered their price target on DuPont de Nemours from $170.00 to $162.00 and set a “buy” rating for the company in a report on Wednesday, October 7th. The Goldman Sachs Group dropped their price objective on DuPont de Nemours from $159.00 to $153.00 and set a “neutral” rating for the company in a research report on Wednesday, September 30th. Zacks Research lowered DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 17th. Barclays initiated coverage on DuPont de Nemours in a research note on Tuesday, October 13th. They issued an “overweight” rating and a $156.00 price objective on the stock. Finally, JPMorgan Chase & Co. cut DuPont de Nemours from an “overweight” rating to a “neutral” rating and decreased their target price for the company from $172.00 to $145.00 in a research report on Friday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $162.00.

DuPont de Nemours Price Performance

Shares of NYSE:DD opened at $134.11 on Thursday. The firm has a market cap of $18.11 billion, a PE ratio of 298.08, a price-to-earnings-growth ratio of 1.23 and a beta of 1.05. The firm’s fifty day moving average is $132.62 and its 200-day moving average is $138.13. 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, Inc. has a 52 week low of $99.20 and a 52 week high of $157.98.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.12. The company had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.81 billion. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. DuPont de Nemours’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.12 earnings per share. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. Sell-side analysts predict that DuPont de Nemours, Inc. will post 7.25 earnings per share for the current year.

DuPont de Nemours Dividend Announcement

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

About DuPont de Nemours

DuPont de Nemours, Inc is a diversified science and technology company that develops engineered materials and specialty products for industrial and consumer markets. Its offerings are used in applications including electronics, semiconductor manufacturing, water purification, transportation, construction, healthcare, and worker and consumer protection.

The company’s product portfolio has historically included high-performance films, resins, adhesives, engineered polymers, specialty fibers, protective materials, water-treatment membranes, and filtration technologies.