Prime Capital Investment Advisors LLC boosted its position in DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 585.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,706 shares of the basic materials company’s stock after purchasing an additional 13,415 shares during the period. Prime Capital Investment Advisors LLC’s holdings in DuPont de Nemours were worth $2,040,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of the company. Elevation Wealth Partners LLC boosted its stake in shares of DuPont de Nemours by 168.5% during the second quarter. Elevation Wealth Partners LLC now owns 239 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 150 shares in the last quarter. Bangor Savings Bank bought a new stake in shares of DuPont de Nemours during the third quarter worth about $36,000. Grove Bank & Trust bought a new stake in shares of DuPont de Nemours during the third quarter worth about $40,000. Coastline Trust Co acquired a new position in shares of DuPont de Nemours in the third quarter valued at approximately $44,000. Finally, First Financial Corp IN acquired a new position in shares of DuPont de Nemours in the third quarter valued at approximately $57,000. Institutional investors and hedge funds own 73.96% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on DD. JPMorgan Chase & Co. lowered shares of DuPont de Nemours from an “overweight” rating to a “neutral” rating and dropped their price objective for the company from $172.00 to $145.00 in a report on Friday, October 9th. Barclays started coverage on shares of DuPont de Nemours in a report on Tuesday, October 13th. They set an “overweight” rating and a $156.00 target price on the stock. The Goldman Sachs Group decreased their price target on shares of 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. Citigroup decreased their price target on shares of DuPont de Nemours from $170.00 to $162.00 and set a “buy” rating for the company in a research report on Wednesday, October 7th. Finally, Zacks Research downgraded shares of DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $162.00.
DuPont de Nemours Price Performance
DD stock opened at $134.11 on Thursday. The company has a quick ratio of 1.82, a current ratio of 2.43 and a debt-to-equity ratio of 0.23. The firm has a market cap of $18.11 billion, a price-to-earnings ratio of 298.08, a PEG ratio of 1.23 and a beta of 1.05. The company’s fifty day simple moving average is $132.62 and its 200 day simple moving average is $138.13. DuPont de Nemours, Inc. has a 12-month low of $99.20 and a 12-month high of $157.98.
DuPont de Nemours (NYSE:DD – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share for the quarter, topping 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 firm had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same period last year, the business posted $1.12 EPS. The business’s revenue 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. On average, analysts expect that DuPont de Nemours, Inc. will post 7.25 earnings per share for the current year.
DuPont de Nemours Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be paid 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 dividend payout ratio (DPR) is currently 533.33%.
DuPont de Nemours Profile
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.
See Also
- Five stocks we like better than DuPont de Nemours
- GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall?
- Intercepting Growth: Karman Secures $218M Lockheed Martin Deal
- Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs
- Chip Stocks Have Pulled Back—Here’s How 3 Semiconductor ETFs Stack Up for Investors
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.
