Saudi Central Bank Has $1.30 Million Stock Position in DuPont de Nemours, Inc. $DD

Saudi Central Bank reduced its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 38.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,575 shares of the basic materials company’s stock after selling 5,890 shares during the period. Saudi Central Bank’s holdings in DuPont de Nemours were worth $1,299,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Palisade Asset Management LLC acquired a new stake in shares of DuPont de Nemours during the third quarter worth approximately $26,000. Imprint Wealth LLC purchased a new stake in DuPont de Nemours in the 3rd quarter worth approximately $27,000. Basepoint Wealth LLC purchased a new stake in DuPont de Nemours in the 4th quarter worth approximately $28,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of DuPont de Nemours during the 4th quarter valued at $29,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in shares of DuPont de Nemours during the 3rd quarter valued at $30,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Wall Street Analyst Weigh In

DD has been the topic of a number of recent research reports. The Goldman Sachs Group boosted their target price on DuPont de Nemours from $53.00 to $159.00 and gave the company a “neutral” rating in a research note on Thursday, June 25th. Zacks Research downgraded DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a report on Friday, July 17th. UBS Group boosted their target price on shares of DuPont de Nemours from $175.00 to $178.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Royal Bank Of Canada dropped their price target on shares of DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating on the stock in a research note on Friday, August 7th. Finally, JPMorgan Chase & Co. raised their target price on DuPont de Nemours from $171.00 to $172.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Twelve investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $166.60.

DuPont de Nemours Stock Performance

DD opened at $131.46 on Wednesday. The stock’s 50 day simple moving average is $138.26 and its 200-day simple moving average is $140.34. The company has a current ratio of 2.43, a quick ratio of 1.82 and a debt-to-equity ratio of 0.23. The stock has a market cap of $17.75 billion, a PE ratio of 292.20, a P/E/G ratio of 1.20 and a beta of 1.06. DuPont de Nemours, Inc. has a 1 year low of $92.49 and a 1 year high of $157.98.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.76 by $0.12. The company had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.81 billion. DuPont de Nemours had a return on equity of 6.92% and a net margin of 0.67%.The company’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.12 earnings per share. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. Sell-side analysts forecast that DuPont de Nemours, Inc. will post 7.27 EPS for the current year.

DuPont de Nemours Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Monday, August 31st. DuPont de Nemours’s payout ratio is 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.