Nisa Investment Advisors LLC Has $11.21 Million Holdings in DuPont de Nemours, Inc. $DD

Nisa Investment Advisors LLC decreased its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 16.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 143,919 shares of the basic materials company’s stock after selling 28,975 shares during the quarter. Nisa Investment Advisors LLC’s holdings in DuPont de Nemours were worth $11,211,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in shares of DuPont de Nemours by 1.6% in the second quarter. Vanguard Group Inc. now owns 47,664,223 shares of the basic materials company’s stock worth $3,269,289,000 after purchasing an additional 769,600 shares during the last quarter. State Street Corp grew its holdings in DuPont de Nemours by 4.8% during the second quarter. State Street Corp now owns 18,363,975 shares of the basic materials company’s stock worth $1,259,585,000 after buying an additional 842,852 shares in the last quarter. Geode Capital Management LLC raised its position in DuPont de Nemours by 4.8% in the 2nd quarter. Geode Capital Management LLC now owns 10,782,760 shares of the basic materials company’s stock valued at $736,487,000 after buying an additional 496,691 shares during the last quarter. Norges Bank bought a new position in DuPont de Nemours during the 2nd quarter valued at $313,306,000. Finally, Boston Partners lifted its stake in DuPont de Nemours by 36.6% during the 2nd quarter. Boston Partners now owns 3,483,001 shares of the basic materials company’s stock valued at $238,924,000 after acquiring an additional 932,575 shares in the last quarter. 73.96% of the stock is owned by institutional investors.

DuPont de Nemours Trading Up 0.9%

Shares of DD stock opened at $43.80 on Friday. The company has a quick ratio of 1.63, a current ratio of 2.00 and a debt-to-equity ratio of 0.30. The firm has a market cap of $18.35 billion, a P/E ratio of -23.81, a PEG ratio of 3.25 and a beta of 1.08. The company has a 50 day moving average of $40.23 and a 200-day moving average of $34.73. DuPont de Nemours, Inc. has a 12-month low of $22.50 and a 12-month high of $44.15.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings data on Monday, July 11th. The basic materials company reported $0.29 EPS for the quarter. DuPont de Nemours had a positive return on equity of 7.81% and a negative net margin of 6.17%.The business had revenue of $3.02 billion for the quarter. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. Sell-side 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 of Directors has initiated a share repurchase plan on Thursday, November 6th that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the basic materials company to reacquire up to 12.2% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

DuPont de Nemours Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 28th were paid a dividend of $0.20 per share. The ex-dividend date was Friday, November 28th. This represents a $0.80 annualized dividend and a dividend yield of 1.8%. DuPont de Nemours’s dividend payout ratio is presently -43.48%.

Insider Activity

In other news, SVP Erik T. Hoover sold 6,005 shares of DuPont de Nemours stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $39.79, for a total value of $238,938.95. Following the completion of the transaction, the senior vice president owned 112,101 shares in the company, valued at $4,460,498.79. This trade represents a 5.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Lori Koch sold 9,011 shares of the business’s stock in a transaction that occurred on Friday, November 28th. The shares were sold at an average price of $39.46, for a total transaction of $355,574.06. Following the completion of the sale, the chief executive officer directly owned 288,326 shares in the company, valued at approximately $11,377,343.96. This trade represents a 3.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.61% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on DD. KeyCorp upped their target price on shares of DuPont de Nemours from $45.00 to $51.00 and gave the stock an “overweight” rating in a research note on Friday. Wells Fargo & Company decreased their price objective on shares of DuPont de Nemours from $100.00 to $50.00 and set an “overweight” rating for the company in a research note on Friday, November 7th. Wall Street Zen raised shares of DuPont de Nemours to a “hold” rating in a research report on Saturday. Royal Bank Of Canada cut their target price on DuPont de Nemours from $100.00 to $48.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 18th. Finally, JPMorgan Chase & Co. decreased their price target on DuPont de Nemours from $104.00 to $48.00 and set an “overweight” rating for the company in a research report on Tuesday, November 11th. Ten investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $44.61.

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.