735,590 Shares in DuPont de Nemours, Inc. $DD Bought by Strs Ohio

Strs Ohio acquired a new position in DuPont de Nemours, Inc. (NYSE:DD) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 735,590 shares of the basic materials company’s stock, valued at approximately $54,934,000. Strs Ohio owned about 0.18% of DuPont de Nemours as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Addison Capital Co boosted its position in shares of DuPont de Nemours by 4.1% during the 1st quarter. Addison Capital Co now owns 12,865 shares of the basic materials company’s stock worth $961,000 after purchasing an additional 502 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of DuPont de Nemours by 28.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 5,261 shares of the basic materials company’s stock worth $393,000 after acquiring an additional 1,173 shares during the last quarter. Belpointe Asset Management LLC raised its holdings in shares of DuPont de Nemours by 1.8% in the 1st quarter. Belpointe Asset Management LLC now owns 8,749 shares of the basic materials company’s stock worth $653,000 after acquiring an additional 152 shares during the last quarter. Focus Partners Wealth raised its holdings in shares of DuPont de Nemours by 9.1% in the 1st quarter. Focus Partners Wealth now owns 387,899 shares of the basic materials company’s stock worth $28,968,000 after acquiring an additional 32,332 shares during the last quarter. Finally, Ransom Advisory Ltd acquired a new stake in shares of DuPont de Nemours in the 1st quarter worth about $40,000. Institutional investors own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Wells Fargo & Company upped their target price on shares of DuPont de Nemours from $81.00 to $90.00 and gave the stock an “overweight” rating in a report on Monday, July 14th. UBS Group increased their price objective on shares of DuPont de Nemours from $87.00 to $89.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Mizuho increased their price objective on shares of DuPont de Nemours from $80.00 to $85.00 and gave the company an “outperform” rating in a research note on Tuesday, July 15th. Citigroup increased their price objective on shares of DuPont de Nemours from $75.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, July 3rd. Finally, Royal Bank Of Canada increased their price objective on shares of DuPont de Nemours from $93.00 to $94.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. Nine equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $88.25.

DuPont de Nemours Stock Down 0.8%

DD opened at $76.12 on Thursday. The company has a fifty day moving average price of $74.63 and a 200-day moving average price of $71.13. The firm has a market capitalization of $31.87 billion, a P/E ratio of -161.95, a price-to-earnings-growth ratio of 1.91 and a beta of 1.07. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.41 and a quick ratio of 0.94. DuPont de Nemours, Inc. has a one year low of $53.77 and a one year high of $90.06.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $1.06 by $0.06. DuPont de Nemours had a negative net margin of 1.54% and a positive return on equity of 7.85%. The firm had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.23 billion. During the same period in the previous year, the business earned $0.97 EPS. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. DuPont de Nemours has set its FY 2025 guidance at 4.400-4.400 EPS. Q3 2025 guidance at 1.150-1.150 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 Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 29th will be paid a $0.41 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $1.64 annualized dividend and a yield of 2.2%. DuPont de Nemours’s payout ratio is currently -348.94%.

Insiders Place Their Bets

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 6,000 shares of the business’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $78.00, for a total value of $468,000.00. Following the completion of the sale, the senior vice president directly owned 42,585 shares of the company’s stock, valued at $3,321,630. The trade was a 12.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.61% of the stock is owned by corporate insiders.

DuPont de Nemours Company Profile

DuPont de Nemours, Inc provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.