Dimensional Fund Advisors LP Acquires 83,147 Shares of DuPont de Nemours, Inc. $DD

Key Points

• Dimensional Fund Advisors LP increased its holdings in DuPont de Nemours, Inc. by 2.7%, owning approximately 3.19 million shares valued at $238.2 million as of the latest SEC filing.
• DuPont reported $1.12 EPS for the last quarter, surpassing estimates, with a revenue of $3.26 billion—a year-over-year increase of 2.7%.
• The company declared a quarterly dividend of $0.41 per share, with a 2.2% yield, to be paid on September 15th.

Dimensional Fund Advisors LP lifted its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 2.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,190,172 shares of the basic materials company's stock after buying an additional 83,147 shares during the quarter. Dimensional Fund Advisors LP owned 0.76% of DuPont de Nemours worth $238,200,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in DuPont de Nemours by 0.6% in the first quarter. Vanguard Group Inc. now owns 46,894,623 shares of the basic materials company's stock valued at $3,502,090,000 after purchasing an additional 298,408 shares in the last quarter. Nuveen LLC acquired a new position in DuPont de Nemours in the 1st quarter valued at approximately $531,037,000. Northern Trust Corp grew its stake in shares of DuPont de Nemours by 16.3% in the 4th quarter. Northern Trust Corp now owns 4,931,816 shares of the basic materials company's stock valued at $376,051,000 after purchasing an additional 690,218 shares during the period. Price T Rowe Associates Inc. MD grew its stake in shares of DuPont de Nemours by 10.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,413,443 shares of the basic materials company's stock valued at $260,276,000 after purchasing an additional 336,000 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in shares of DuPont de Nemours by 1.1% in the 1st quarter. Bank of New York Mellon Corp now owns 3,347,098 shares of the basic materials company's stock valued at $249,961,000 after purchasing an additional 37,327 shares during the period. Institutional investors and hedge funds own 73.96% of the company's stock.

DuPont de Nemours Trading Up 3.6%

Shares of NYSE:DD traded up $2.6910 during midday trading on Friday, hitting $77.2410. 2,187,807 shares of the stock traded hands, compared to its average volume of 3,174,665. The stock has a market capitalization of $32.34 billion, a PE ratio of -164.34, a P/E/G ratio of 1.86 and a beta of 1.06. The business's 50 day moving average is $72.41 and its two-hundred day moving average is $71.48. The company has a quick ratio of 0.94, a current ratio of 1.41 and a debt-to-equity ratio of 0.23. DuPont de Nemours, Inc. has a one year low of $53.77 and a one year high of $90.06.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share (EPS) for the quarter, topping 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 company had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.23 billion. During the same period in the prior year, the firm earned $0.97 earnings per share. DuPont de Nemours's revenue 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. As a group, research analysts forecast that DuPont de Nemours, Inc. will post 4.38 earnings per share 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. Shareholders of record on Friday, August 29th will be issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Friday, August 29th. DuPont de Nemours's dividend payout ratio is -348.94%.

Analyst Ratings Changes

Several analysts recently commented on the company. Morgan Stanley dropped their price objective on DuPont de Nemours from $94.00 to $80.00 and set an "equal weight" rating on the stock in a research note on Monday, May 5th. Mizuho increased their target price on DuPont de Nemours from $80.00 to $85.00 and gave the stock an "outperform" rating in a report on Tuesday, July 15th. JPMorgan Chase & Co. increased their target price on DuPont de Nemours from $78.00 to $93.00 and gave the stock an "overweight" rating in a report on Friday, May 16th. Barclays decreased their price objective on DuPont de Nemours from $89.00 to $73.00 and set an "equal weight" rating for the company in a report on Tuesday, April 29th. Finally, KeyCorp lifted their price target on DuPont de Nemours from $87.00 to $92.00 and gave the stock an "overweight" rating in a report on Wednesday, August 6th. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, DuPont de Nemours currently has an average rating of "Moderate Buy" and an average target price of $88.25.

DuPont de Nemours Company 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.