DuPont de Nemours, Inc. $DD Shares Sold by Strs Ohio

Strs Ohio cut its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 2.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 736,009 shares of the basic materials company’s stock after selling 21,379 shares during the period. Strs Ohio’s holdings in DuPont de Nemours were worth $57,335,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in shares of DuPont de Nemours during the 2nd quarter valued at $313,306,000. Ilex Capital Partners UK LLP lifted its holdings in shares of DuPont de Nemours by 175.8% during the second quarter. Ilex Capital Partners UK LLP now owns 2,043,299 shares of the basic materials company’s stock valued at $140,150,000 after purchasing an additional 1,302,341 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of DuPont de Nemours by 139.3% in the 2nd quarter. AQR Capital Management LLC now owns 1,791,511 shares of the basic materials company’s stock valued at $122,486,000 after purchasing an additional 1,042,929 shares during the period. Holocene Advisors LP increased its stake in DuPont de Nemours by 70.5% in the 2nd quarter. Holocene Advisors LP now owns 2,398,287 shares of the basic materials company’s stock worth $164,499,000 after purchasing an additional 991,985 shares in the last quarter. Finally, Boston Partners raised its holdings in DuPont de Nemours by 36.6% during the 2nd quarter. Boston Partners now owns 3,483,001 shares of the basic materials company’s stock worth $238,924,000 after buying an additional 932,575 shares during the period. 73.96% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

DD has been the topic of several analyst reports. Wolfe Research lifted their target price on shares of DuPont de Nemours from $44.00 to $49.00 and gave the stock an “outperform” rating in a research report on Friday, January 16th. Weiss Ratings reiterated a “sell (d+)” rating on shares of DuPont de Nemours in a research report on Monday, December 22nd. Wall Street Zen upgraded DuPont de Nemours to a “hold” rating in a report on Saturday, January 10th. Royal Bank Of Canada lifted their price target on DuPont de Nemours from $48.00 to $51.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, UBS Group upped their price target on DuPont de Nemours from $46.00 to $49.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. Ten investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, DuPont de Nemours presently has an average rating of “Moderate Buy” and a consensus target price of $45.99.

DuPont de Nemours Trading Up 0.9%

DuPont de Nemours stock opened at $43.78 on Friday. DuPont de Nemours, Inc. has a 12 month low of $22.50 and a 12 month high of $44.96. The company has a quick ratio of 1.63, a current ratio of 2.00 and a debt-to-equity ratio of 0.30. The stock has a market cap of $18.34 billion, a P/E ratio of -23.79, a P/E/G ratio of 3.22 and a beta of 1.08. The company’s fifty day simple moving average is $40.94 and its 200-day simple moving average is $35.54.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings data on Thursday, November 6th. The basic materials company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.05. The firm had revenue of $3.07 billion during the quarter, compared to analysts’ expectations of $3.12 billion. DuPont de Nemours had a positive return on equity of 7.81% and a negative net margin of 6.17%.The business’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.18 earnings per share. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. As a group, sell-side analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Friday, November 28th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Friday, November 28th. DuPont de Nemours’s dividend payout ratio is presently -43.48%.

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

Insider Activity

In other DuPont de Nemours news, SVP Erik T. Hoover sold 6,005 shares of the company’s stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $39.79, for a total transaction of $238,938.95. Following the completion of the sale, the senior vice president owned 112,101 shares of the company’s stock, valued at $4,460,498.79. This represents a 5.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Lori Koch sold 9,011 shares of DuPont de Nemours stock in a transaction that occurred on Friday, November 28th. The shares were sold at an average price of $39.46, for a total transaction of $355,574.06. Following the completion of the transaction, the chief executive officer directly owned 288,326 shares in the company, valued at approximately $11,377,343.96. This represents a 3.03% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.61% of the stock is owned by company insiders.

DuPont de Nemours Company 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.