Clifford Swan Investment Counsel LLC Sells 138,191 Shares of DuPont de Nemours, Inc. $DD

Clifford Swan Investment Counsel LLC lessened its stake in DuPont de Nemours, Inc. (NYSE:DD) by 68.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,143 shares of the basic materials company’s stock after selling 138,191 shares during the quarter. Clifford Swan Investment Counsel LLC’s holdings in DuPont de Nemours were worth $8,700,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of DD. State Street Corp increased its holdings in DuPont de Nemours by 1.2% in the 4th quarter. State Street Corp now owns 18,412,070 shares of the basic materials company’s stock valued at $740,165,000 after buying an additional 215,928 shares during the period. Auto Owners Insurance Co lifted its holdings in shares of DuPont de Nemours by 4,275.8% during the 4th quarter. Auto Owners Insurance Co now owns 17,552,405 shares of the basic materials company’s stock worth $70,561,000 after acquiring an additional 17,151,278 shares during the period. Invesco Ltd. lifted its holdings in shares of DuPont de Nemours by 64.4% during the 4th quarter. Invesco Ltd. now owns 14,514,600 shares of the basic materials company’s stock worth $583,487,000 after acquiring an additional 5,686,490 shares during the period. Geode Capital Management LLC boosted its position in shares of DuPont de Nemours by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 11,019,892 shares of the basic materials company’s stock worth $441,285,000 after acquiring an additional 74,355 shares in the last quarter. Finally, Nuveen LLC boosted its position in shares of DuPont de Nemours by 18.9% during the 4th quarter. Nuveen LLC now owns 10,662,674 shares of the basic materials company’s stock worth $428,639,000 after acquiring an additional 1,695,097 shares in the last quarter. Institutional investors own 73.96% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on DD. Weiss Ratings restated a “sell (d+)” rating on shares of DuPont de Nemours in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft raised their target price on DuPont de Nemours from $174.00 to $180.00 and gave the company a “buy” rating in a report on Thursday, May 7th. JPMorgan Chase & Co. lifted their price target on DuPont de Nemours from $171.00 to $172.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. UBS Group boosted their price target on DuPont de Nemours from $175.00 to $178.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, The Goldman Sachs Group upped their price objective on DuPont de Nemours from $53.00 to $159.00 and gave the stock a “neutral” rating in a research report on Thursday, June 25th. Twelve equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, DuPont de Nemours presently has an average rating of “Moderate Buy” and an average price target of $166.60.

DuPont de Nemours Stock Performance

NYSE DD opened at $134.78 on Tuesday. The firm’s fifty day moving average price is $138.87 and its two-hundred day moving average price is $141.17. The stock has a market cap of $18.20 billion, a PE ratio of 299.57, a PEG ratio of 1.25 and a beta of 1.06. DuPont de Nemours, Inc. has a fifty-two week low of $92.49 and a fifty-two week high of $157.98. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.82 and a current ratio of 2.43.

DuPont de Nemours (NYSE:DD) last announced its quarterly 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 company had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same period in the prior year, the company earned $1.12 EPS. DuPont de Nemours’s revenue was up 4.0% compared to the same quarter last year. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. On average, equities analysts expect that DuPont de Nemours, Inc. will post 7.27 EPS for the current fiscal year.

DuPont de Nemours Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a $0.60 dividend. The ex-dividend date is Monday, August 31st. This represents a $2.40 annualized dividend and a yield of 1.8%. DuPont de Nemours’s dividend payout ratio (DPR) is currently 533.33%.

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.