M&T Bank Corp Cuts Stock Holdings in DuPont de Nemours, Inc. $DD

M&T Bank Corp cut its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 0.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,650,475 shares of the basic materials company’s stock after selling 12,984 shares during the period. M&T Bank Corp’s holdings in DuPont de Nemours were worth $128,572,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DD. Ossiam raised its position in shares of DuPont de Nemours by 143.2% in the third quarter. Ossiam now owns 102,649 shares of the basic materials company’s stock worth $7,996,000 after acquiring an additional 60,434 shares during the period. NorthRock Partners LLC grew its position in shares of DuPont de Nemours by 230.9% during the 3rd quarter. NorthRock Partners LLC now owns 29,550 shares of the basic materials company’s stock valued at $2,302,000 after acquiring an additional 20,619 shares during the period. Bank OZK increased its stake in shares of DuPont de Nemours by 7.1% in the 3rd quarter. Bank OZK now owns 29,361 shares of the basic materials company’s stock valued at $2,287,000 after purchasing an additional 1,943 shares in the last quarter. Texas Capital Bank Wealth Management Services Inc increased its stake in shares of DuPont de Nemours by 50.2% in the 3rd quarter. Texas Capital Bank Wealth Management Services Inc now owns 5,760 shares of the basic materials company’s stock valued at $449,000 after purchasing an additional 1,926 shares in the last quarter. Finally, Pathstone Holdings LLC raised its holdings in DuPont de Nemours by 0.6% in the 3rd quarter. Pathstone Holdings LLC now owns 92,398 shares of the basic materials company’s stock worth $7,198,000 after purchasing an additional 559 shares during the period. Institutional investors and hedge funds own 73.96% of the company’s stock.

Wall Street Analyst Weigh In

DD has been the topic of several research analyst reports. Citigroup raised their price objective on DuPont de Nemours from $50.00 to $59.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Wolfe Research increased their target price on DuPont de Nemours from $49.00 to $54.00 and gave the company an “outperform” rating in a research report on Wednesday, February 11th. Zacks Research raised shares of DuPont de Nemours from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 12th. Wells Fargo & Company boosted their price target on shares of DuPont de Nemours from $50.00 to $55.00 and gave the stock an “overweight” rating in a report on Wednesday, February 11th. Finally, Wall Street Zen upgraded shares of DuPont de Nemours to a “hold” rating in a research report on Saturday, January 10th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $51.86.

DuPont de Nemours Stock Performance

NYSE DD opened at $44.87 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.42 and a quick ratio of 1.91. The stock’s 50 day simple moving average is $46.36 and its 200-day simple moving average is $39.71. The company has a market cap of $18.35 billion, a PE ratio of -24.12, a price-to-earnings-growth ratio of 1.13 and a beta of 1.10. DuPont de Nemours, Inc. has a 1-year low of $22.50 and a 1-year high of $52.66.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings results on Tuesday, February 10th. The basic materials company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.43 by $0.03. DuPont de Nemours had a positive return on equity of 7.37% and a negative net margin of 7.03%.The firm had revenue of $1.69 billion during the quarter, compared to analysts’ expectations of $1.69 billion. During the same period in the previous year, the business earned $1.13 earnings per share. The firm’s revenue for the quarter was up .2% on a year-over-year basis. 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, equities research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Monday, March 2nd. DuPont de Nemours’s dividend payout ratio is -43.01%.

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.