King Luther Capital Management Corp Purchases 30,619 Shares of DuPont de Nemours, Inc. $DD

King Luther Capital Management Corp raised its position in DuPont de Nemours, Inc. (NYSE:DDFree Report) by 12.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 270,019 shares of the basic materials company’s stock after purchasing an additional 30,619 shares during the period. King Luther Capital Management Corp owned approximately 0.06% of DuPont de Nemours worth $21,034,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in DD. Salomon & Ludwin LLC raised its stake in DuPont de Nemours by 186.5% during the 3rd quarter. Salomon & Ludwin LLC now owns 318 shares of the basic materials company’s stock worth $25,000 after buying an additional 207 shares during the period. Cary Street Partners Investment Advisory LLC increased its holdings in shares of DuPont de Nemours by 67.5% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 541 shares of the basic materials company’s stock worth $37,000 after acquiring an additional 218 shares in the last quarter. Crews Bank & Trust raised its position in shares of DuPont de Nemours by 55.8% during the third quarter. Crews Bank & Trust now owns 508 shares of the basic materials company’s stock worth $40,000 after purchasing an additional 182 shares during the period. Quaker Wealth Management LLC lifted its holdings in shares of DuPont de Nemours by 200.7% during the 2nd quarter. Quaker Wealth Management LLC now owns 594 shares of the basic materials company’s stock valued at $41,000 after purchasing an additional 1,184 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV grew its position in shares of DuPont de Nemours by 36.1% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 599 shares of the basic materials company’s stock valued at $41,000 after purchasing an additional 159 shares during the period. Institutional investors and hedge funds own 73.96% of the company’s stock.

Insider Buying and Selling

In other news, SVP Erik T. Hoover sold 6,005 shares of the firm’s stock in a transaction that occurred on 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 sale, the senior vice president directly owned 112,101 shares of the company’s stock, valued at $4,460,498.79. This trade represents a 5.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Lori Koch sold 9,011 shares of DuPont de Nemours stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $39.46, for a total value of $355,574.06. Following the transaction, the chief executive officer owned 288,326 shares of the company’s stock, valued at $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. 0.61% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have commented on DD. Argus dropped their target price on shares of DuPont de Nemours from $86.00 to $52.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. UBS Group raised their price objective on shares of DuPont de Nemours from $49.00 to $56.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Morgan Stanley reduced their target price on shares of DuPont de Nemours from $80.00 to $44.00 in a research note on Monday, November 10th. KeyCorp lifted their price target on DuPont de Nemours from $51.00 to $57.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Finally, Wolfe Research upped their price objective on DuPont de Nemours from $49.00 to $54.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $51.86.

Get Our Latest Stock Report on DD

DuPont de Nemours Stock Down 2.1%

NYSE:DD opened at $50.25 on Friday. The firm has a market capitalization of $20.55 billion, a price-to-earnings ratio of -27.02, a price-to-earnings-growth ratio of 1.29 and a beta of 1.10. The company has a quick ratio of 1.91, a current ratio of 2.42 and a debt-to-equity ratio of 0.22. DuPont de Nemours, Inc. has a twelve month low of $22.50 and a twelve month high of $52.66. The stock’s 50 day moving average price is $44.07 and its two-hundred day moving average price is $37.77.

DuPont de Nemours (NYSE:DDGet Free Report) last issued its earnings results on Tuesday, February 10th. The basic materials company reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.03. DuPont de Nemours had a negative net margin of 7.03% and a positive return on equity of 7.37%. The business had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.69 billion. During the same period in the previous year, the company earned $1.13 earnings per share. The firm’s revenue for the quarter was up .2% on a year-over-year basis. 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. Equities research analysts expect that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours announced that its Board of Directors has approved a stock repurchase program on Thursday, November 6th that authorizes the company to buyback $2.00 billion in shares. This buyback authorization authorizes the basic materials company to reacquire up to 12.2% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board believes its stock is undervalued.

DuPont de Nemours Dividend Announcement

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

DuPont de Nemours 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.

Further Reading

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

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