DuPont de Nemours, Inc. $DD Stock Acquired by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. grew its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 7,762.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 949,117 shares of the basic materials company’s stock after acquiring an additional 937,045 shares during the quarter. TD Waterhouse Canada Inc. owned about 0.70% of DuPont de Nemours worth $123,281,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Elevation Wealth Partners LLC increased its position in DuPont de Nemours by 168.5% in the second quarter. Elevation Wealth Partners LLC now owns 239 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 150 shares during the last quarter. Bangor Savings Bank bought a new position in DuPont de Nemours during the third quarter valued at $36,000. Grove Bank & Trust bought a new position in DuPont de Nemours during the third quarter valued at $40,000. Coastline Trust Co purchased a new position in shares of DuPont de Nemours in the 3rd quarter worth $44,000. Finally, First Financial Corp IN purchased a new position in shares of DuPont de Nemours in the 3rd quarter worth $57,000. 73.96% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

DD has been the topic of a number of research reports. Weiss Ratings restated a “sell (d+)” rating on shares of DuPont de Nemours in a report on Monday, August 3rd. Barclays initiated coverage on DuPont de Nemours in a research report on Tuesday. They issued an “overweight” rating and a $156.00 price target for the company. Zacks Research cut DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 17th. Citigroup decreased their price objective on DuPont de Nemours from $170.00 to $162.00 and set a “buy” rating on the stock in a research report on Wednesday, October 7th. Finally, JPMorgan Chase & Co. lowered DuPont de Nemours from an “overweight” rating to a “neutral” rating and lowered their price objective for the company from $172.00 to $145.00 in a research note on Friday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $162.00.

DuPont de Nemours Trading Down 0.8%

Shares of NYSE:DD traded down $1.10 during trading hours on Friday, hitting $130.50. 873,352 shares of the company’s stock traded hands, compared to its average volume of 886,025. DuPont de Nemours, Inc. has a 1 year low of $98.26 and a 1 year high of $157.98. The business has a fifty day moving average price of $133.29 and a 200-day moving average price of $138.20. The firm has a market capitalization of $17.62 billion, a P/E ratio of 290.05, a price-to-earnings-growth ratio of 1.20 and a beta of 1.05. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.43 and a quick ratio of 1.82.

DuPont de Nemours (NYSE:DD) last released its earnings results on Tuesday, August 4th. The basic materials company reported $1.88 EPS for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the prior year, the firm posted $1.12 earnings per share. The company’s quarterly revenue was up 4.0% on a year-over-year basis. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. Equities analysts expect that DuPont de Nemours, Inc. will post 7.26 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 Tuesday, December 15th. Shareholders of record on Monday, November 30th will be paid a $0.60 dividend. The ex-dividend date is Monday, November 30th. This represents a $2.40 dividend on an annualized basis and a yield of 1.8%. DuPont de Nemours’s dividend payout ratio (DPR) is presently 533.33%.

About DuPont de Nemours

DuPont de Nemours, Inc is a science and technology company that develops engineered materials, specialty chemicals and other performance solutions for industrial and consumer markets. Its products are used in areas including electronics and semiconductor manufacturing, water purification, healthcare, transportation, construction, aerospace, worker safety and industrial processing.

DuPont’s portfolio includes well-known brands and materials such as Kevlar aramid fiber, Nomex flame-resistant materials, Tyvek protective materials, Kapton polyimide film, Vespel high-performance parts and Corian solid-surface materials.