DuPont de Nemours, Inc. $DD Position Lifted by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 525.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 119,290 shares of the basic materials company’s stock after acquiring an additional 100,221 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in DuPont de Nemours were worth $15,495,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of DD. Delta Capital Management LLC lifted its stake in shares of DuPont de Nemours by 1.1% in the 3rd quarter. Delta Capital Management LLC now owns 13,620 shares of the basic materials company’s stock valued at $1,769,000 after purchasing an additional 143 shares in the last quarter. Elevation Wealth Partners LLC grew its holdings in shares of 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 period. 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 purchasing an additional 252 shares in the last quarter. Roberts Wealth Advisors LLC increased its position in DuPont de Nemours by 2.0% during the 3rd quarter. Roberts Wealth Advisors LLC now owns 14,157 shares of the basic materials company’s stock worth $1,839,000 after purchasing an additional 279 shares in the last quarter. Finally, Bangor Savings Bank acquired a new stake in DuPont de Nemours during the 3rd quarter worth approximately $36,000. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on DD shares. The Goldman Sachs Group cut their price target on shares of DuPont de Nemours from $159.00 to $153.00 and set a “neutral” rating on the stock in a report on Wednesday, September 30th. JPMorgan Chase & Co. downgraded shares of DuPont de Nemours from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $172.00 to $145.00 in a research note on Friday, October 9th. Royal Bank Of Canada dropped their price objective on shares of DuPont de Nemours from $176.00 to $160.00 and set an “outperform” rating for the company in a research report on Thursday, October 15th. Barclays started coverage on shares of DuPont de Nemours in a research note on Tuesday, October 13th. They issued an “overweight” rating and a $156.00 target price on the stock. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of DuPont de Nemours in a report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $162.00.

DuPont de Nemours Price Performance

Shares of NYSE DD opened at $133.21 on Wednesday. DuPont de Nemours, Inc. has a 1-year low of $99.20 and a 1-year high of $157.98. The business has a 50-day moving average of $132.82 and a 200-day moving average of $138.15. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.43 and a quick ratio of 1.82. The company has a market capitalization of $17.99 billion, a price-to-earnings ratio of 296.07, a PEG ratio of 1.18 and a beta of 1.05.

DuPont de Nemours (NYSE:DD) last posted its earnings results on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.12. The business had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.81 billion. DuPont de Nemours had a return on equity of 6.92% and a net margin of 0.67%. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.12 earnings per share. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. On average, equities analysts anticipate that DuPont de Nemours, Inc. will post 7.26 EPS for the current fiscal year.

DuPont de Nemours Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Monday, November 30th. DuPont de Nemours’s dividend payout ratio is currently 533.33%.

DuPont de Nemours Profile

DuPont de Nemours, Inc is a diversified science and technology company that develops engineered materials and specialty products for industrial and consumer markets. Its offerings are used in applications including electronics, semiconductor manufacturing, water purification, transportation, construction, healthcare, and worker and consumer protection.

The company’s product portfolio has historically included high-performance films, resins, adhesives, engineered polymers, specialty fibers, protective materials, water-treatment membranes, and filtration technologies.