Ion Asset Management Ltd. purchased a new stake in shares of DuPont de Nemours, Inc. (NYSE:DD – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 451,000 shares of the basic materials company’s stock, valued at approximately $35,133,000. DuPont de Nemours comprises approximately 3.9% of Ion Asset Management Ltd.’s investment portfolio, making the stock its 11th largest holding.
A number of other institutional investors also recently modified their holdings of the company. Oppenheimer & Co. Inc. boosted its holdings in shares of DuPont de Nemours by 39.2% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 104,565 shares of the basic materials company’s stock worth $8,146,000 after buying an additional 29,473 shares during the period. Xponance Inc. raised its holdings in DuPont de Nemours by 113.6% in the 3rd quarter. Xponance Inc. now owns 134,797 shares of the basic materials company’s stock worth $10,501,000 after acquiring an additional 71,695 shares during the period. Drummond Knight Asset Management Pty Ltd lifted its position in DuPont de Nemours by 107.9% during the 2nd quarter. Drummond Knight Asset Management Pty Ltd now owns 704,489 shares of the basic materials company’s stock worth $48,321,000 after acquiring an additional 365,619 shares during the last quarter. Citigroup Inc. lifted its position in DuPont de Nemours by 20.2% during the 3rd quarter. Citigroup Inc. now owns 572,650 shares of the basic materials company’s stock worth $44,609,000 after acquiring an additional 96,062 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its holdings in DuPont de Nemours by 33.8% during the second quarter. Nomura Asset Management Co. Ltd. now owns 524,356 shares of the basic materials company’s stock valued at $35,966,000 after acquiring an additional 132,427 shares during the period. Institutional investors own 73.96% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on the company. Argus cut their price objective on DuPont de Nemours from $86.00 to $52.00 and set a “buy” rating for the company in a research report on Thursday, February 5th. Zacks Research raised DuPont de Nemours from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 12th. Mizuho upped their price target on DuPont de Nemours from $46.00 to $52.00 and gave the stock an “outperform” rating in a report on Tuesday, February 10th. Royal Bank Of Canada increased their price objective on DuPont de Nemours from $51.00 to $60.00 and gave the company an “outperform” rating in a research report on Tuesday, February 17th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of DuPont de Nemours in a research note on Monday, December 22nd. One 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’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $51.86.
DuPont de Nemours Trading Down 1.0%
Shares of DD stock opened at $44.87 on Monday. The company has a market capitalization of $18.35 billion, a P/E ratio of -24.12, a P/E/G ratio of 1.12 and a beta of 1.09. DuPont de Nemours, Inc. has a 12-month low of $22.50 and a 12-month high of $52.66. The company has a quick ratio of 1.91, a current ratio of 2.42 and a debt-to-equity ratio of 0.22. The firm has a 50-day moving average price of $46.36 and a 200 day moving average price of $39.81.
DuPont de Nemours (NYSE:DD – Get Free Report) last issued its quarterly earnings data on Tuesday, February 10th. The basic materials company reported $0.46 earnings per share for the quarter, topping the consensus estimate 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 negative net margin of 7.03% and a positive return on equity of 7.37%. The company’s quarterly revenue was up .2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.13 earnings per share. 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. Research analysts forecast that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.
DuPont de Nemours Announces Dividend
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 given a dividend of $0.20 per share. The ex-dividend date is Monday, March 2nd. This represents a $0.80 dividend on an annualized basis and a yield of 1.8%. DuPont de Nemours’s dividend payout ratio is -43.01%.
DuPont de Nemours Company 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.
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