Cullen Capital Management LLC Makes New $2.08 Million Investment in DuPont de Nemours, Inc. $DD

Cullen Capital Management LLC acquired a new position in shares of DuPont de Nemours, Inc. (NYSE:DD) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 15,341 shares of the basic materials company’s stock, valued at approximately $2,081,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Elevation Wealth Partners LLC lifted its holdings in DuPont de Nemours by 168.5% during the 2nd quarter. Elevation Wealth Partners LLC now owns 239 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 150 shares during the last quarter. Lazard Asset Management LLC grew its holdings in DuPont de Nemours by 7.1% in the 2nd quarter. Lazard Asset Management LLC now owns 2,430 shares of the basic materials company’s stock valued at $166,000 after buying an additional 162 shares in the last quarter. Quadrant Capital Group LLC grew its holdings in DuPont de Nemours by 1.9% in the 4th quarter. Quadrant Capital Group LLC now owns 13,401 shares of the basic materials company’s stock valued at $539,000 after buying an additional 244 shares in the last quarter. Brooks Moore & Associates Inc. increased its position in DuPont de Nemours by 2.4% during the 4th quarter. Brooks Moore & Associates Inc. now owns 10,658 shares of the basic materials company’s stock worth $428,000 after buying an additional 250 shares during the period. Finally, 1ST Source Bank increased its position in DuPont de Nemours by 1.5% during the 1st quarter. 1ST Source Bank now owns 17,451 shares of the basic materials company’s stock worth $799,000 after buying an additional 252 shares during the period. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

NYSE:DD opened at $136.71 on Tuesday. The company has a market cap of $18.46 billion, a price-to-earnings ratio of 303.86, a PEG ratio of 1.26 and a beta of 1.06. DuPont de Nemours, Inc. has a fifty-two week low of $92.49 and a fifty-two week high of $157.98. 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 fifty day moving average price of $139.54 and a 200-day moving average price of $141.34.

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

DuPont de Nemours Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Monday, August 31st. DuPont de Nemours’s dividend payout ratio (DPR) is currently 533.33%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on DD shares. BMO Capital Markets boosted their target price on shares of DuPont de Nemours from $75.30 to $180.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. The Goldman Sachs Group raised their price target on shares of DuPont de Nemours from $53.00 to $159.00 and gave the stock a “neutral” rating in a research report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of DuPont de Nemours from $174.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Royal Bank Of Canada cut their price objective on shares of DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating for the company in a report on Friday, August 7th. Finally, JPMorgan Chase & Co. increased their target price on shares of DuPont de Nemours from $171.00 to $172.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Twelve research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $166.60.

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.