Erste Asset Management GmbH Sells 16,672 Shares of DuPont de Nemours, Inc. $DD

Erste Asset Management GmbH trimmed its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 80.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,033 shares of the basic materials company’s stock after selling 16,672 shares during the period. Erste Asset Management GmbH’s holdings in DuPont de Nemours were worth $311,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. TIAA Trust National Association raised its position in DuPont de Nemours by 1.8% in the 3rd quarter. TIAA Trust National Association now owns 14,588 shares of the basic materials company’s stock worth $1,136,000 after purchasing an additional 262 shares during the last quarter. Xponance Inc. increased its stake in shares of DuPont de Nemours by 113.6% in the 3rd quarter. Xponance Inc. now owns 134,797 shares of the basic materials company’s stock valued at $10,501,000 after buying an additional 71,695 shares during the period. Integrated Advisors Network LLC raised its position in shares of DuPont de Nemours by 11.2% during the third quarter. Integrated Advisors Network LLC now owns 4,689 shares of the basic materials company’s stock worth $365,000 after acquiring an additional 471 shares during the last quarter. Hohimer Wealth Management LLC acquired a new position in shares of DuPont de Nemours during the third quarter valued at $643,000. Finally, Choreo LLC boosted its holdings in DuPont de Nemours by 8.9% in the third quarter. Choreo LLC now owns 46,877 shares of the basic materials company’s stock valued at $3,652,000 after acquiring an additional 3,834 shares during the last quarter. 73.96% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently commented on DD. Deutsche Bank Aktiengesellschaft lifted their price objective on DuPont de Nemours from $46.00 to $58.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Argus lowered their price target on shares of 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. Mizuho boosted their price target on shares of DuPont de Nemours from $46.00 to $52.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 10th. Jefferies Financial Group increased their price objective on shares of DuPont de Nemours from $51.00 to $59.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Finally, JPMorgan Chase & Co. lifted their target price on shares of DuPont de Nemours from $48.00 to $50.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $51.86.

DuPont de Nemours Stock Down 0.8%

DuPont de Nemours stock opened at $49.64 on Tuesday. The firm has a market capitalization of $20.30 billion, a price-to-earnings ratio of -26.69, a PEG ratio of 1.25 and a beta of 1.10. The company’s 50 day simple moving average is $45.40 and its 200 day simple moving average is $38.88. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.42 and a quick ratio of 1.91. DuPont de Nemours, Inc. has a fifty-two week low of $22.50 and a fifty-two week high of $52.66.

DuPont de Nemours (NYSE:DD) last issued its earnings results on Tuesday, February 10th. The basic materials company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.43 by $0.03. The firm had revenue of $1.69 billion during the quarter, compared to the consensus estimate 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 business’s quarterly revenue was up .2% on a year-over-year basis. During the same quarter 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. As a group, sell-side analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be issued a dividend of $0.20 per share. The ex-dividend date is Monday, March 2nd. This represents a $0.80 annualized dividend and a yield of 1.6%. DuPont de Nemours’s payout ratio is currently -43.01%.

DuPont de Nemours announced that its Board of Directors has initiated a stock repurchase program on Thursday, November 6th that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the basic materials company to purchase up to 12.2% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

About DuPont de Nemours

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.