Primecap Management Co. CA Sells 177,765 Shares of DuPont de Nemours, Inc. $DD

Primecap Management Co. CA reduced its stake in DuPont de Nemours, Inc. (NYSE:DD) by 8.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,032,804 shares of the basic materials company’s stock after selling 177,765 shares during the quarter. Primecap Management Co. CA owned about 0.49% of DuPont de Nemours worth $158,356,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Catalyst Financial Partners LLC purchased a new position in DuPont de Nemours during the third quarter valued at $228,000. RWA Wealth Partners LLC increased its holdings in shares of DuPont de Nemours by 8.1% during the third quarter. RWA Wealth Partners LLC now owns 9,461 shares of the basic materials company’s stock valued at $737,000 after acquiring an additional 708 shares in the last quarter. JFS Wealth Advisors LLC raised its position in shares of DuPont de Nemours by 143.0% in the 3rd quarter. JFS Wealth Advisors LLC now owns 2,709 shares of the basic materials company’s stock worth $211,000 after purchasing an additional 1,594 shares during the last quarter. Waddell & Associates LLC bought a new position in DuPont de Nemours in the 3rd quarter worth about $240,000. Finally, Mufg Securities Americas Inc. grew its position in DuPont de Nemours by 21.7% during the 3rd quarter. Mufg Securities Americas Inc. now owns 11,291 shares of the basic materials company’s stock valued at $880,000 after purchasing an additional 2,016 shares during the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Price Performance

NYSE DD opened at $50.32 on Friday. The stock has a market capitalization of $20.58 billion, a price-to-earnings ratio of -27.05, a PEG ratio of 1.27 and a beta of 1.10. DuPont de Nemours, Inc. has a 1-year low of $22.50 and a 1-year high of $52.66. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.42 and a quick ratio of 1.91. The business’s fifty day moving average price is $45.06 and its 200-day moving average price is $38.49.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings data on Tuesday, February 10th. The basic materials company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.03. DuPont de Nemours had a positive return on equity of 7.37% and a negative net margin of 7.03%.The company had revenue of $1.69 billion during the quarter, compared to analysts’ expectations of $1.69 billion. During the same quarter in the prior year, the business earned $1.13 earnings per share. DuPont de Nemours’s revenue for the quarter was up .2% compared to the same quarter last year. 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. On average, equities analysts predict that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours announced that its board has initiated a share buyback program on Thursday, November 6th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the basic materials company to buy up to 12.2% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s board of directors believes its stock is undervalued.

DuPont de Nemours Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be issued a $0.20 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.6%. DuPont de Nemours’s dividend payout ratio (DPR) is presently -43.01%.

Analysts Set New Price Targets

Several brokerages have issued reports on DD. KeyCorp lifted their target price on shares of DuPont de Nemours from $51.00 to $57.00 and gave the stock an “overweight” rating in a report on Wednesday, February 11th. Mizuho boosted their price objective on shares of DuPont de Nemours from $46.00 to $52.00 and gave the stock an “outperform” rating in a report on Tuesday, February 10th. Citigroup upped their price objective on DuPont de Nemours from $50.00 to $59.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Weiss Ratings reissued a “sell (d+)” rating on shares of DuPont de Nemours in a report on Monday, December 22nd. Finally, Deutsche Bank Aktiengesellschaft upped their price target on DuPont de Nemours from $46.00 to $58.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $51.86.

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.