PNC Financial Services Group Inc. Increases Stock Position in DuPont de Nemours, Inc. $DD

PNC Financial Services Group Inc. grew its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 20.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 919,063 shares of the basic materials company’s stock after buying an additional 156,855 shares during the period. PNC Financial Services Group Inc.’s holdings in DuPont de Nemours were worth $71,595,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DD. Princeton Global Asset Management LLC lifted its position in DuPont de Nemours by 64.4% during the 2nd quarter. Princeton Global Asset Management LLC now owns 365 shares of the basic materials company’s stock valued at $25,000 after acquiring an additional 143 shares during the period. Salomon & Ludwin LLC grew its holdings in DuPont de Nemours by 186.5% in the third quarter. Salomon & Ludwin LLC now owns 318 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 207 shares during the period. Cary Street Partners Investment Advisory LLC increased its stake in shares of DuPont de Nemours by 67.5% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 541 shares of the basic materials company’s stock valued at $37,000 after purchasing an additional 218 shares in the last quarter. Crews Bank & Trust lifted its holdings in shares of DuPont de Nemours by 55.8% during the third quarter. Crews Bank & Trust now owns 508 shares of the basic materials company’s stock valued at $40,000 after purchasing an additional 182 shares during the last quarter. Finally, Quaker Wealth Management LLC lifted its holdings in shares of DuPont de Nemours by 200.7% during the second quarter. Quaker Wealth Management LLC now owns 594 shares of the basic materials company’s stock valued at $41,000 after purchasing an additional 1,184 shares during the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Lori Koch sold 9,011 shares of DuPont de Nemours stock in a transaction on Friday, November 28th. The stock was sold at an average price of $39.46, for a total value of $355,574.06. Following the completion of the sale, the chief executive officer owned 288,326 shares of the company’s stock, valued at $11,377,343.96. The trade was a 3.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Erik T. Hoover sold 6,005 shares of the company’s stock in a transaction on Friday, November 28th. The shares were sold at an average price of $39.79, for a total value of $238,938.95. Following the sale, the senior vice president owned 112,101 shares of the company’s stock, valued at approximately $4,460,498.79. This trade represents a 5.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on DD. Citigroup upped their price target on DuPont de Nemours from $50.00 to $59.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Jefferies Financial Group increased their target price on DuPont de Nemours from $51.00 to $59.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Wolfe Research lifted their price target on DuPont de Nemours from $49.00 to $54.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 11th. Mizuho upped their price target on shares of DuPont de Nemours from $46.00 to $52.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 10th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of DuPont de Nemours in a research note on Monday, December 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $50.46.

DuPont de Nemours Price Performance

DD opened at $50.19 on Tuesday. The company’s 50-day simple moving average is $43.48 and its two-hundred day simple moving average is $37.44. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.91 and a current ratio of 2.42. The stock has a market capitalization of $21.03 billion, a P/E ratio of -26.98, a P/E/G ratio of 1.26 and a beta of 1.10. DuPont de Nemours, Inc. has a 52-week low of $22.50 and a 52-week high of $52.66.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings results on Tuesday, February 10th. The basic materials company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.03. DuPont de Nemours had a negative net margin of 7.03% and a positive return on equity of 7.37%. The firm had revenue of $1.69 billion during the quarter, compared to analyst estimates of $1.69 billion. During the same period in the previous year, the business posted $1.13 earnings per share. The business’s revenue for the quarter was up .2% on a year-over-year basis. DuPont de Nemours has set its FY 2026 guidance at 2.250-2.300 EPS and its Q1 2026 guidance at 0.480-0.480 EPS. As a group, analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours announced that its board has approved a stock buyback plan on Thursday, November 6th that allows the company to buyback $2.00 billion in shares. This buyback authorization allows the basic materials company to buy up to 12.2% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its shares are undervalued.

DuPont de Nemours Company Profile

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.