Asset Management One Co. Ltd. Purchases 16,679 Shares of DuPont de Nemours, Inc. $DD

Key Points

• Asset Management One increased its DuPont stake by 19.2% in the third quarter, purchasing 16,679 shares and bringing its holdings to 103,663 shares worth approximately $13.5 million. Institutional investors collectively own 73.96% of the company.
• Analyst sentiment remains positive overall, with DuPont receiving a “Moderate Buy” consensus rating and an average price target of $162.00, despite several analysts recently lowering their targets.
• DuPont exceeded quarterly earnings expectations, reporting $1.88 in EPS and $1.82 billion in revenue, while declaring a quarterly dividend of $0.60 per share, equivalent to a 1.7% annual yield.

Asset Management One Co. Ltd. increased its position in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 19.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 103,663 shares of the basic materials company's stock after purchasing an additional 16,679 shares during the period. Asset Management One Co. Ltd. owned approximately 0.08% of DuPont de Nemours worth $13,465,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. Physician Wealth Advisors Inc. increased its stake in DuPont de Nemours by 223.1% in the third quarter. Physician Wealth Advisors Inc. now owns 210 shares of the basic materials company's stock worth $27,000 after purchasing an additional 145 shares during the period. Elevation Wealth Partners LLC increased its position in shares of DuPont de Nemours by 168.5% during the second quarter. Elevation Wealth Partners LLC now owns 239 shares of the basic materials company's stock worth $32,000 after acquiring an additional 150 shares during the period. DHJJ Financial Advisors Ltd. increased its position in shares of DuPont de Nemours by 150.0% during the third quarter. DHJJ Financial Advisors Ltd. now owns 250 shares of the basic materials company's stock worth $32,000 after acquiring an additional 150 shares during the period. Bangor Savings Bank bought a new stake in shares of DuPont de Nemours during the third quarter valued at approximately $36,000. Finally, Compass Wealth Management LLC purchased a new stake in shares of DuPont de Nemours in the third quarter valued at approximately $39,000. 73.96% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on DD shares. Barclays assumed coverage on DuPont de Nemours in a research report on Tuesday, October 13th. They set an "overweight" rating and a $156.00 target price for the company. The Goldman Sachs Group dropped their target price 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. Citigroup lowered their price target on shares of DuPont de Nemours from $170.00 to $162.00 and set a "buy" rating for the company in a research report on Wednesday, October 7th. Weiss Ratings reiterated a "sell (d+)" rating on shares of DuPont de Nemours in a research note on Monday, August 3rd. Finally, Royal Bank Of Canada cut their price objective on shares of DuPont de Nemours from $176.00 to $160.00 and set an "outperform" rating on the stock in a report on Thursday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, DuPont de Nemours has an average rating of "Moderate Buy" and an average price target of $162.00.

DuPont de Nemours Price Performance

Shares of DD opened at $140.08 on Friday. The business's 50-day moving average is $132.26 and its two-hundred day moving average is $138.34. The company has a market capitalization of $18.92 billion, a P/E ratio of 311.35, a P/E/G ratio of 1.30 and a beta of 1.05. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.82 and a current ratio of 2.43. DuPont de Nemours, Inc. has a fifty-two week low of $100.00 and a fifty-two week high of $157.98.

DuPont de Nemours (NYSE:DD - Get Free Report) last issued its earnings results on Tuesday, August 4th. The basic materials company reported $1.88 EPS for the quarter, topping analysts' consensus estimates of $1.76 by $0.12. The firm had revenue of $1.82 billion for the quarter, compared to the consensus estimate 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 was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.12 earnings per share. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. Research analysts predict that DuPont de Nemours, Inc. will post 7.25 earnings per share for the current year.

DuPont de Nemours Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Monday, November 30th. DuPont de Nemours's payout ratio is presently 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.

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