Convergence Investment Partners LLC Buys 19,153 Shares of DuPont de Nemours, Inc. $DD

Convergence Investment Partners LLC boosted its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 144.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,388 shares of the basic materials company’s stock after purchasing an additional 19,153 shares during the period. Convergence Investment Partners LLC’s holdings in DuPont de Nemours were worth $1,302,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DD. Oppenheimer & Co. Inc. increased its holdings in DuPont de Nemours by 39.2% during the third quarter. Oppenheimer & Co. Inc. now owns 104,565 shares of the basic materials company’s stock valued at $8,146,000 after buying an additional 29,473 shares during the last quarter. Xponance Inc. increased its holdings in DuPont de Nemours by 113.6% during the third quarter. Xponance Inc. now owns 134,797 shares of the basic materials company’s stock valued at $10,501,000 after buying an additional 71,695 shares during the last quarter. Citigroup Inc. increased its holdings in DuPont de Nemours by 20.2% during the third quarter. Citigroup Inc. now owns 572,650 shares of the basic materials company’s stock valued at $44,609,000 after buying an additional 96,062 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in DuPont de Nemours by 0.9% during the third quarter. Bank of New York Mellon Corp now owns 3,169,908 shares of the basic materials company’s stock valued at $246,936,000 after buying an additional 29,543 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in DuPont de Nemours by 3.8% during the third quarter. Dimensional Fund Advisors LP now owns 3,337,753 shares of the basic materials company’s stock valued at $259,974,000 after buying an additional 121,216 shares during the last quarter. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

DD opened at $49.30 on Friday. The stock has a market capitalization of $20.21 billion, a price-to-earnings ratio of -821.51, a PEG ratio of 1.40 and a beta of 1.02. The company has a fifty day moving average of $46.51 and a 200 day moving average of $43.99. DuPont de Nemours, Inc. has a fifty-two week low of $27.16 and a fifty-two week high of $52.66. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.11 and a current ratio of 2.68.

DuPont de Nemours (NYSE:DD) last posted its earnings results on Tuesday, May 5th. The basic materials company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.07. The company had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.67 billion. DuPont de Nemours had a negative net margin of 0.30% and a positive return on equity of 7.15%. DuPont de Nemours’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period last year, the company posted $1.03 earnings per share. 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. As a group, sell-side analysts forecast that DuPont de Nemours, Inc. will post 2.39 earnings per share for the current fiscal year.

DuPont de Nemours Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be given a dividend of $0.20 per share. The ex-dividend date is Friday, May 15th. This represents a $0.80 annualized dividend and a yield of 1.6%. DuPont de Nemours’s dividend payout ratio (DPR) is -1,333.33%.

Analyst Ratings Changes

A number of analysts have commented on DD shares. Citigroup reduced their target price on shares of DuPont de Nemours from $59.00 to $56.00 and set a “buy” rating for the company in a report on Monday, April 13th. Jefferies Financial Group increased their price objective on shares of DuPont de Nemours from $51.00 to $59.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Argus reduced their price objective on shares of DuPont de Nemours from $86.00 to $52.00 and set a “buy” rating for the company in a research note on Thursday, February 5th. KeyCorp increased 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 note on Wednesday, February 11th. Finally, Royal Bank Of Canada increased their price objective on shares of DuPont de Nemours from $56.00 to $60.00 and gave the stock an “outperform” rating in a research note on Monday, May 11th. Twelve analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $55.21.

DuPont de Nemours 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.