Xcel Wealth Management LLC Invests $1.15 Million in DuPont de Nemours, Inc. $DD

Xcel Wealth Management LLC purchased a new position in shares of DuPont de Nemours, Inc. (NYSE:DDFree Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,777 shares of the basic materials company’s stock, valued at approximately $1,151,000.

A number of other institutional investors and hedge funds have also made changes to their positions in DD. Norges Bank purchased a new position in shares of DuPont de Nemours in the 2nd quarter worth about $313,306,000. Ilex Capital Partners UK LLP increased its position in shares of DuPont de Nemours by 175.8% in the second quarter. Ilex Capital Partners UK LLP now owns 2,043,299 shares of the basic materials company’s stock worth $140,150,000 after acquiring an additional 1,302,341 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of DuPont de Nemours by 139.3% in the 2nd quarter. AQR Capital Management LLC now owns 1,791,511 shares of the basic materials company’s stock valued at $122,486,000 after acquiring an additional 1,042,929 shares during the period. Holocene Advisors LP lifted its holdings in shares of DuPont de Nemours by 70.5% during the 2nd quarter. Holocene Advisors LP now owns 2,398,287 shares of the basic materials company’s stock valued at $164,499,000 after acquiring an additional 991,985 shares in the last quarter. Finally, Boston Partners lifted its holdings in shares of DuPont de Nemours by 36.6% during the 2nd quarter. Boston Partners now owns 3,483,001 shares of the basic materials company’s stock valued at $238,924,000 after acquiring an additional 932,575 shares in the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Price Performance

Shares of NYSE DD opened at $42.88 on Monday. The company has a quick ratio of 1.63, a current ratio of 2.00 and a debt-to-equity ratio of 0.30. DuPont de Nemours, Inc. has a fifty-two week low of $22.50 and a fifty-two week high of $44.17. The business has a 50 day moving average price of $40.74 and a two-hundred day moving average price of $35.26. The firm has a market cap of $17.97 billion, a PE ratio of -23.30, a price-to-earnings-growth ratio of 3.18 and a beta of 1.08.

DuPont de Nemours (NYSE:DDGet Free Report) last released its earnings results on Thursday, November 6th. The basic materials company reported $1.09 EPS for the quarter, beating the consensus estimate of $1.04 by $0.05. DuPont de Nemours had a positive return on equity of 7.81% and a negative net margin of 6.17%.The company had revenue of $3.07 billion during the quarter, compared to analysts’ expectations of $3.12 billion. During the same period in the prior year, the business posted $1.18 EPS. The business’s revenue was down 2.9% on a year-over-year basis. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. Sell-side analysts expect that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

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

DuPont de Nemours Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 28th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Friday, November 28th. DuPont de Nemours’s dividend payout ratio is -43.48%.

Insider Activity

In related news, SVP Erik T. Hoover sold 6,005 shares of DuPont de Nemours stock in a transaction dated Friday, November 28th. The stock was sold at an average price of $39.79, for a total value of $238,938.95. Following the completion of the transaction, the senior vice president directly owned 112,101 shares in the company, valued at approximately $4,460,498.79. This trade represents a 5.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Lori Koch sold 9,011 shares of the business’s stock in a transaction dated Friday, November 28th. The shares were 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 directly owned 288,326 shares of the company’s stock, valued at approximately $11,377,343.96. This represents a 3.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.61% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on DD shares. Royal Bank Of Canada lowered their price target on DuPont de Nemours from $100.00 to $48.00 and set an “outperform” rating for the company in a report on Tuesday, November 18th. UBS Group upped their target price on DuPont de Nemours from $46.00 to $49.00 and gave the stock a “buy” rating in a research report on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft dropped their target price on DuPont de Nemours from $90.00 to $46.00 and set a “buy” rating on the stock in a report on Tuesday, November 25th. Morgan Stanley decreased their price target on DuPont de Nemours from $80.00 to $44.00 in a report on Monday, November 10th. Finally, Mizuho lifted their price objective on shares of DuPont de Nemours from $44.00 to $46.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Ten equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $45.53.

View Our Latest Stock Analysis on DuPont de Nemours

DuPont de Nemours Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for DuPont de Nemours (NYSE:DD)

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