Allworth Financial LP Has $789,000 Stock Position in DuPont de Nemours, Inc. $DD

Allworth Financial LP lowered its stake in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 68.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,820 shares of the basic materials company's stock after selling 12,708 shares during the quarter. Allworth Financial LP's holdings in DuPont de Nemours were worth $789,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Elevation Wealth Partners LLC boosted its stake in DuPont de Nemours by 168.5% in 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. Lazard Asset Management LLC raised its stake in shares of 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 purchasing an additional 162 shares during the period. Quadrant Capital Group LLC lifted its holdings in shares of DuPont de Nemours by 1.9% in the fourth quarter. Quadrant Capital Group LLC now owns 13,401 shares of the basic materials company's stock valued at $539,000 after purchasing an additional 244 shares in the last quarter. Brooks Moore & Associates Inc. boosted its position in shares of DuPont de Nemours by 2.4% during the fourth 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 boosted its position in shares of DuPont de Nemours by 1.5% during the first 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.

Analyst Ratings Changes

DD has been the topic of a number of recent research reports. Royal Bank Of Canada dropped their target price on DuPont de Nemours from $180.00 to $176.00 and set an "outperform" rating on the stock in a research report on Friday, August 7th. UBS Group upped their price target on DuPont de Nemours from $175.00 to $178.00 and gave the stock a "buy" rating in a research report on Wednesday, August 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 note on Thursday, June 25th. Weiss Ratings reiterated a "sell (d+)" rating on shares of DuPont de Nemours in a report on Monday, August 3rd. Finally, Zacks Research lowered shares of DuPont de Nemours from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 17th. Twelve analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, DuPont de Nemours presently has an average rating of "Moderate Buy" and an average price target of $166.60.

DuPont de Nemours Price Performance

Shares of DuPont de Nemours stock opened at $126.89 on Monday. The company has a quick ratio of 1.82, a current ratio of 2.43 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $17.13 billion, a price-to-earnings ratio of 282.03, a price-to-earnings-growth ratio of 1.16 and a beta of 1.06. DuPont de Nemours, Inc. has a twelve month low of $92.49 and a twelve month high of $157.98. The company has a 50-day simple moving average of $137.53 and a two-hundred day simple moving average of $139.85.

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

DuPont de Nemours Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Monday, August 31st. DuPont de Nemours's dividend payout ratio (DPR) is 533.33%.

DuPont de Nemours Profile

DuPont de Nemours, Inc is a global materials science company headquartered in Wilmington, Delaware. The company develops engineered materials and specialty products used in electronics, transportation, construction, healthcare, water treatment, and industrial applications.

Its offerings include semiconductor and advanced packaging materials, engineering polymers, specialty resins, water purification and separation technologies, and protective materials and solutions. DuPont's products are sold to manufacturers, industrial customers, and other businesses across North America, Europe, Asia-Pacific, and other international markets.

The company was formed in 2019 following the separation of DowDuPont into independent companies, including DuPont, Dow, and Corteva.

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