Sequoia Financial Advisors LLC Sells 596,920 Shares of DuPont de Nemours, Inc. $DD

Sequoia Financial Advisors LLC reduced its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 64.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 332,292 shares of the basic materials company’s stock after selling 596,920 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in DuPont de Nemours were worth $45,072,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Brighton Jones LLC raised its stake in shares of DuPont de Nemours by 19.6% during the fourth quarter. Brighton Jones LLC now owns 5,012 shares of the basic materials company’s stock worth $382,000 after buying an additional 822 shares during the last quarter. Empowered Funds LLC boosted its stake in DuPont de Nemours by 8.9% in the first quarter. Empowered Funds LLC now owns 11,550 shares of the basic materials company’s stock valued at $863,000 after acquiring an additional 947 shares during the last quarter. Sivia Capital Partners LLC bought a new position in DuPont de Nemours in the second quarter valued at approximately $365,000. United Bank grew its holdings in DuPont de Nemours by 14.6% during the 2nd quarter. United Bank now owns 18,816 shares of the basic materials company’s stock worth $1,291,000 after acquiring an additional 2,396 shares during the period. Finally, First Trust Advisors LP raised its position in shares of DuPont de Nemours by 2.1% during the 2nd quarter. First Trust Advisors LP now owns 200,444 shares of the basic materials company’s stock valued at $13,749,000 after acquiring an additional 4,186 shares during the last quarter. Institutional investors own 73.96% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Zacks Research lowered DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. Weiss Ratings reiterated a “sell (d+)” rating on shares of DuPont de Nemours in a report on Monday, August 3rd. Royal Bank Of Canada cut their target price on 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. UBS Group raised their target price on DuPont de Nemours from $175.00 to $178.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, The Goldman Sachs Group boosted their target price on DuPont de Nemours from $53.00 to $159.00 and gave the stock a “neutral” rating in a research report on Thursday, June 25th. Twelve analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $166.60.

DuPont de Nemours Price Performance

Shares of DD opened at $127.94 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.82 and a current ratio of 2.43. The stock has a 50 day simple moving average of $138.05 and a 200 day simple moving average of $140.18. DuPont de Nemours, Inc. has a 52-week low of $92.49 and a 52-week high of $157.98. The firm has a market capitalization of $17.28 billion, a PE ratio of 284.36, a P/E/G ratio of 1.20 and a beta of 1.06.

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

DuPont de Nemours Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Monday, August 31st. DuPont de Nemours’s dividend payout ratio (DPR) is presently 533.33%.

DuPont de Nemours Company Profile

DuPont de Nemours, Inc is a global materials science company headquartered in Wilmington, Delaware. The company develops engineered materials and specialty products used in electronics, transportation, construction, healthcare, water treatment, and industrial applications.

Its offerings include semiconductor and advanced packaging materials, engineering polymers, specialty resins, water purification and separation technologies, and protective materials and solutions. DuPont’s products are sold to manufacturers, industrial customers, and other businesses across North America, Europe, Asia-Pacific, and other international markets.

The company was formed in 2019 following the separation of DowDuPont into independent companies, including DuPont, Dow, and Corteva.