TD Asset Management Inc Sells 14,898 Shares of DuPont de Nemours, Inc. $DD

TD Asset Management Inc lessened its position in DuPont de Nemours, Inc. (NYSE:DD) by 7.9% in the third quarter, HoldingsChannel reports. The fund owned 173,172 shares of the basic materials company’s stock after selling 14,898 shares during the quarter. TD Asset Management Inc’s holdings in DuPont de Nemours were worth $13,490,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of DD. Brighton Jones LLC increased its stake in DuPont de Nemours by 19.6% during the 4th quarter. Brighton Jones LLC now owns 5,012 shares of the basic materials company’s stock valued at $382,000 after purchasing an additional 822 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of DuPont de Nemours by 8.9% during the first quarter. Empowered Funds LLC now owns 11,550 shares of the basic materials company’s stock valued at $863,000 after buying an additional 947 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of DuPont de Nemours during the second quarter worth about $365,000. United Bank raised its holdings in shares of DuPont de Nemours by 14.6% in the 2nd quarter. United Bank now owns 18,816 shares of the basic materials company’s stock worth $1,291,000 after acquiring an additional 2,396 shares during the last quarter. Finally, Flagship Harbor Advisors LLC lifted its position in DuPont de Nemours by 8.7% in the 2nd quarter. Flagship Harbor Advisors LLC now owns 3,059 shares of the basic materials company’s stock valued at $210,000 after acquiring an additional 245 shares in the last quarter. 73.96% of the stock is owned by institutional investors and hedge funds.

DuPont de Nemours Price Performance

Shares of NYSE DD opened at $50.05 on Monday. The company has a current ratio of 2.42, a quick ratio of 1.91 and a debt-to-equity ratio of 0.22. The stock has a fifty day simple moving average of $45.23 and a two-hundred day simple moving average of $38.75. DuPont de Nemours, Inc. has a 1-year low of $22.50 and a 1-year high of $52.66. The firm has a market cap of $20.47 billion, a price-to-earnings ratio of -26.91, a price-to-earnings-growth ratio of 1.25 and a beta of 1.09.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings results 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. The firm had revenue of $1.69 billion for the quarter, compared to analysts’ expectations of $1.69 billion. DuPont de Nemours had a positive return on equity of 7.37% and a negative net margin of 7.03%.The business’s revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.13 EPS. 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. Analysts anticipate 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 stock repurchase program on Thursday, November 6th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the basic materials company to reacquire up to 12.2% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board of directors believes its stock is undervalued.

DuPont de Nemours Dividend Announcement

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

Analyst Ratings Changes

A number of brokerages have commented on DD. Argus decreased their price objective on DuPont de Nemours from $86.00 to $52.00 and set a “buy” rating for the company in a report on Thursday, February 5th. Wolfe Research upped their price target on DuPont de Nemours from $49.00 to $54.00 and gave the stock an “outperform” rating in a report on Wednesday, February 11th. BMO Capital Markets increased their price target on DuPont de Nemours from $50.00 to $60.00 and gave the company an “outperform” rating in a research report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft raised their price objective on DuPont de Nemours from $46.00 to $58.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Finally, Wells Fargo & Company upped their target price on shares of DuPont de Nemours from $50.00 to $55.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, DuPont de Nemours has an average rating of “Moderate Buy” and a consensus price target of $51.86.

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.