Ballentine Partners LLC cut its holdings in DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 32.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 44,829 shares of the basic materials company’s stock after selling 21,623 shares during the quarter. Ballentine Partners LLC’s holdings in DuPont de Nemours were worth $1,802,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in DD. Palisade Asset Management LLC purchased a new stake in shares of DuPont de Nemours in the 3rd quarter worth about $26,000. Financial Life Planners purchased a new stake in shares of DuPont de Nemours in the 3rd quarter worth about $27,000. Imprint Wealth LLC purchased a new stake in shares of DuPont de Nemours in the 3rd quarter worth about $27,000. Miller Global Investments LLC purchased a new stake in shares of DuPont de Nemours in the 4th quarter worth about $28,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in shares of DuPont de Nemours in the 3rd quarter worth about $30,000. 73.96% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several research firms recently commented on DD. KeyCorp boosted their price objective on shares of DuPont de Nemours from $51.00 to $57.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Argus decreased their price objective on shares of DuPont de Nemours from $86.00 to $52.00 and set a “buy” rating on the stock in a research report on Thursday, February 5th. Jefferies Financial Group upped their target price on shares of DuPont de Nemours from $51.00 to $59.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Zacks Research lowered shares of DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Finally, Weiss Ratings upgraded shares of DuPont de Nemours from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday. Twelve investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $54.93.
DuPont de Nemours Stock Up 2.8%
DD opened at $49.74 on Friday. The firm has a 50 day moving average price of $46.41 and a 200 day moving average price of $43.37. The company has a market cap of $20.39 billion, a PE ratio of -828.81, a price-to-earnings-growth ratio of 1.59 and a beta of 1.02. DuPont de Nemours, Inc. has a 1 year low of $27.16 and a 1 year high of $52.66. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.91 and a current ratio of 2.68.
DuPont de Nemours (NYSE:DD – Get Free Report) last posted its earnings results on Tuesday, May 5th. The basic materials company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.07. The firm had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.67 billion. DuPont de Nemours had a negative net margin of 0.30% and a positive return on equity of 7.15%. The company’s revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.03 EPS. DuPont de Nemours has set its Q2 2026 guidance at 0.590-0.590 EPS and its FY 2026 guidance at 2.350-2.400 EPS. Sell-side analysts expect that DuPont de Nemours, Inc. will post 2.39 earnings per share for the current year.
DuPont de Nemours Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Friday, May 15th. DuPont de Nemours’s dividend payout ratio is -1,333.33%.
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.
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