DuPont de Nemours, Inc. $DD Shares Bought by Norinchukin Bank The

Key Points

• Norinchukin Bank The increased its position in DuPont de Nemours shares by 17.3%, holding 24,750 shares valued at $1,848,000.
• DuPont de Nemours reported a quarterly earnings per share (EPS) of $1.12, beating expectations and showing a 2.7% year-over-year revenue growth.
• The company announced a quarterly dividend of $0.41 per share, representing an annualized yield of 2.1%, to be paid on September 15th.

Norinchukin Bank The boosted its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 17.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,750 shares of the basic materials company's stock after purchasing an additional 3,648 shares during the quarter. Norinchukin Bank The's holdings in DuPont de Nemours were worth $1,848,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in DuPont de Nemours by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 46,894,623 shares of the basic materials company's stock worth $3,502,090,000 after purchasing an additional 298,408 shares during the period. Nuveen LLC purchased a new stake in DuPont de Nemours during the 1st quarter worth about $531,037,000. Northern Trust Corp increased its holdings in DuPont de Nemours by 16.3% during the 4th quarter. Northern Trust Corp now owns 4,931,816 shares of the basic materials company's stock worth $376,051,000 after purchasing an additional 690,218 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in DuPont de Nemours by 21.9% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,159,807 shares of the basic materials company's stock worth $310,656,000 after purchasing an additional 746,364 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in DuPont de Nemours by 1.1% during the 1st quarter. Bank of New York Mellon Corp now owns 3,347,098 shares of the basic materials company's stock worth $249,961,000 after purchasing an additional 37,327 shares during the period. Hedge funds and other institutional investors own 73.96% of the company's stock.

DuPont de Nemours Stock Performance

NYSE:DD traded up $0.64 during mid-day trading on Wednesday, reaching $77.94. 1,554,369 shares of the stock were exchanged, compared to its average volume of 2,913,399. The company has a 50 day simple moving average of $72.79 and a 200-day simple moving average of $71.45. The stock has a market capitalization of $32.63 billion, a P/E ratio of -165.82, a P/E/G ratio of 1.92 and a beta of 1.06. 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 1 year low of $53.77 and a 1 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 positive return on equity of 7.85% and a negative net margin of 1.54%.The firm had revenue of $3.26 billion for the quarter, compared to the consensus estimate of $3.23 billion. During the same quarter last year, the business posted $0.97 EPS. The firm's quarterly revenue was up 2.7% compared to the same quarter last year. DuPont de Nemours has set its FY 2025 guidance at 4.400-4.400 EPS. Q3 2025 guidance at 1.150-1.150 EPS. Analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Shareholders 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 yield of 2.1%. The ex-dividend date of this dividend is Friday, August 29th. DuPont de Nemours's dividend payout ratio (DPR) is presently -348.94%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on DD shares. KeyCorp upped 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. UBS Group increased their price objective on DuPont de Nemours from $87.00 to $89.00 and gave the company a "buy" rating in a report on Monday, July 21st. Barclays dropped their price objective on DuPont de Nemours from $89.00 to $73.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 29th. Citigroup increased their price objective on DuPont de Nemours from $75.00 to $85.00 and gave the company a "buy" rating in a report on Thursday, July 3rd. Finally, Mizuho increased their price objective on DuPont de Nemours from $80.00 to $85.00 and gave the company an "outperform" rating in a report on Tuesday, July 15th. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, DuPont de Nemours presently has a consensus rating of "Moderate Buy" and an average price target of $88.25.

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.