Albar Capital Partners LLP Purchases Shares of 136,728 DuPont de Nemours, Inc. $DD

Key Points

• Albar Capital Partners LLP invested approximately $10.21 million in DuPont de Nemours, acquiring 136,728 shares, making it the firm's tenth largest position.
• Several hedge funds significantly increased their stakes in DuPont, with Nouveau LLC purchasing a stake worth approximately $531 million and others like GAMMA Investing increasing their holdings by over 7,000%.
• DuPont reported $1.12 EPS for the last quarter, exceeding estimates, and declared a quarterly dividend of $0.41, resulting in a 2.1% yield for investors.

Albar Capital Partners LLP acquired a new stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 136,728 shares of the basic materials company's stock, valued at approximately $10,211,000. DuPont de Nemours accounts for approximately 4.6% of Albar Capital Partners LLP's holdings, making the stock its 10th largest holding.

Other institutional investors also recently made changes to their positions in the company. Ritholtz Wealth Management grew its stake in shares of DuPont de Nemours by 48.8% during the 1st quarter. Ritholtz Wealth Management now owns 4,462 shares of the basic materials company's stock valued at $333,000 after buying an additional 1,464 shares during the period. Sequoia Financial Advisors LLC grew its stake in shares of DuPont de Nemours by 334.4% during the 1st quarter. Sequoia Financial Advisors LLC now owns 256,053 shares of the basic materials company's stock valued at $19,122,000 after buying an additional 197,115 shares during the period. Cambridge Investment Research Advisors Inc. grew its stake in shares of DuPont de Nemours by 6.6% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 80,385 shares of the basic materials company's stock valued at $6,003,000 after buying an additional 4,995 shares during the period. Oppenheimer & Co. Inc. grew its stake in shares of DuPont de Nemours by 11.8% during the 1st quarter. Oppenheimer & Co. Inc. now owns 54,489 shares of the basic materials company's stock valued at $4,069,000 after buying an additional 5,751 shares during the period. Finally, Summit Trail Advisors LLC grew its stake in shares of DuPont de Nemours by 37.4% during the 1st quarter. Summit Trail Advisors LLC now owns 23,923 shares of the basic materials company's stock valued at $1,787,000 after buying an additional 6,509 shares during the period. 73.96% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. KeyCorp upped their price target on shares of DuPont de Nemours from $87.00 to $92.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 6th. UBS Group upped their price target on shares of DuPont de Nemours from $87.00 to $89.00 and gave the stock a "buy" rating in a research report on Monday, July 21st. Mizuho upped their price target on shares of DuPont de Nemours from $80.00 to $85.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 15th. Citigroup upped their price target on shares of DuPont de Nemours from $75.00 to $85.00 and gave the stock a "buy" rating in a research report on Thursday, July 3rd. Finally, Royal Bank Of Canada upped their price target on shares of DuPont de Nemours from $93.00 to $94.00 and gave the stock an "outperform" rating in a research report on Friday, August 8th. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, DuPont de Nemours presently has an average rating of "Moderate Buy" and a consensus target price of $88.25.

DuPont de Nemours Stock Down 0.3%

Shares of DuPont de Nemours stock traded down $0.22 during trading on Wednesday, reaching $75.57. The company had a trading volume of 701,145 shares, compared to its average volume of 2,901,505. The company has a market cap of $31.64 billion, a price-to-earnings ratio of -160.94, a price-to-earnings-growth ratio of 1.92 and a beta of 1.07. The firm's fifty day moving average is $73.80 and its 200-day moving average is $71.30. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 1.41. DuPont de Nemours, Inc. has a fifty-two week low of $53.77 and a fifty-two week high of $90.06.

DuPont de Nemours (NYSE:DD - Get Free Report) last issued its earnings results on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.06 by $0.06. DuPont de Nemours had a negative net margin of 1.54% and a positive return on equity of 7.85%. The business had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.23 billion. During the same quarter in the prior year, the business posted $0.97 EPS. The company's revenue for the quarter was up 2.7% on a year-over-year basis. DuPont de Nemours has set its FY 2025 guidance at 4.400-4.400 EPS. Q3 2025 guidance at 1.150-1.150 EPS. On average, analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, August 29th. DuPont de Nemours's dividend payout ratio is currently -348.94%.

DuPont de Nemours Profile

DuPont de Nemours, Inc provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.