36,191 Shares in DuPont de Nemours, Inc. $DD Acquired by Boussard & Gavaudan Gestion Sas

Key Points

• Boussard & Gavaudan Gestion acquired 36,191 DuPont de Nemours shares in the second quarter, valued at approximately $4.9 million. Institutional investors and hedge funds collectively own 73.96% of the company.
• DuPont reported quarterly EPS of $1.88, exceeding the $1.76 consensus estimate, while revenue rose 4% year over year to $1.82 billion. The company guided for third-quarter EPS of $1.80–$1.90.
• Shares opened at $136.81, below the analyst consensus price target of $166.60; analysts maintain a “Moderate Buy” consensus. DuPont declared a quarterly dividend of $0.60 per share, representing a 1.8% yield.

Boussard & Gavaudan Gestion Sas bought a new stake in DuPont de Nemours, Inc. (NYSE:DD - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 36,191 shares of the basic materials company's stock, valued at approximately $4,912,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Auto Owners Insurance Co raised its holdings in shares of DuPont de Nemours by 4,275.8% in the 4th quarter. Auto Owners Insurance Co now owns 17,552,405 shares of the basic materials company's stock valued at $70,561,000 after buying an additional 17,151,278 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in DuPont de Nemours by 12,133.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 9,614,878 shares of the basic materials company's stock valued at $365,921,000 after acquiring an additional 9,536,283 shares in the last quarter. Invesco Ltd. grew its position in DuPont de Nemours by 64.4% in the 4th quarter. Invesco Ltd. now owns 14,514,600 shares of the basic materials company's stock valued at $583,487,000 after acquiring an additional 5,686,490 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its stake in DuPont de Nemours by 242.4% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 7,491,426 shares of the basic materials company's stock worth $301,155,000 after purchasing an additional 5,303,219 shares during the period. Finally, Eurizon Capital SGR S.p.A. purchased a new stake in DuPont de Nemours during the fourth quarter worth about $130,394,000. Hedge funds and other institutional investors own 73.96% of the company's stock.

DuPont de Nemours Trading Down 1.4%

Shares of NYSE:DD opened at $136.81 on Friday. DuPont de Nemours, Inc. has a 52 week low of $92.49 and a 52 week high of $157.98. The company's 50 day moving average is $139.06 and its two-hundred day moving average is $141.26. The company has a current ratio of 2.43, a quick ratio of 1.82 and a debt-to-equity ratio of 0.23. The company has a market cap of $18.47 billion, a PE ratio of 304.08, a P/E/G ratio of 1.27 and a beta of 1.06.

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

DuPont de Nemours Cuts Dividend

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

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Weiss Ratings reissued a "sell (d+)" rating on shares of DuPont de Nemours in a research note on Monday, August 3rd. Zacks Research lowered shares of DuPont de Nemours from a "strong-buy" rating to a "hold" rating in a report on Friday, July 17th. Royal Bank Of Canada decreased their price target on shares of DuPont de Nemours from $180.00 to $176.00 and set an "outperform" rating for the company in a research report on Friday, August 7th. Citigroup boosted their price target on shares of DuPont de Nemours from $168.00 to $170.00 and gave the stock a "buy" rating in a research note on Thursday, July 2nd. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on DuPont de Nemours from $174.00 to $180.00 and gave the stock a "buy" rating in a research report on Thursday, May 7th. Twelve analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $166.60.

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.

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