DuPont de Nemours, Inc. $DD Shares Sold by BI Asset Management Fondsmaeglerselskab A S

Key Points

• BI Asset Management Fondsmaeglerselskab A S has reduced its holdings in DuPont de Nemours by 17.9%, now owning 16,776 shares valued at approximately $1.25 million.
• DuPont de Nemours reported a quarterly EPS of $1.12, exceeding analysts' expectations, with a revenue increase of 2.7% year-over-year.
• The company has announced a quarterly dividend of $0.41, translating to an annualized yield of 2.2%, with the payout ratio currently at -348.94%.

BI Asset Management Fondsmaeglerselskab A S lowered its holdings in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 17.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,776 shares of the basic materials company's stock after selling 3,655 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S's holdings in DuPont de Nemours were worth $1,253,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Hancock Whitney Corp raised its position in shares of DuPont de Nemours by 2.6% in the fourth quarter. Hancock Whitney Corp now owns 5,625 shares of the basic materials company's stock valued at $429,000 after buying an additional 143 shares during the last quarter. Ballast Inc. raised its position in shares of DuPont de Nemours by 0.9% in the first quarter. Ballast Inc. now owns 17,754 shares of the basic materials company's stock valued at $1,326,000 after buying an additional 159 shares during the last quarter. GHP Investment Advisors Inc. raised its position in shares of DuPont de Nemours by 16.9% in the first quarter. GHP Investment Advisors Inc. now owns 1,173 shares of the basic materials company's stock valued at $88,000 after buying an additional 170 shares during the last quarter. Moody National Bank Trust Division raised its position in shares of DuPont de Nemours by 0.9% in the first quarter. Moody National Bank Trust Division now owns 19,286 shares of the basic materials company's stock valued at $1,440,000 after buying an additional 171 shares during the last quarter. Finally, HBK Sorce Advisory LLC increased its position in DuPont de Nemours by 3.6% during the first quarter. HBK Sorce Advisory LLC now owns 5,096 shares of the basic materials company's stock worth $381,000 after purchasing an additional 176 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company's stock.

DuPont de Nemours Stock Up 0.1%

Shares of DuPont de Nemours stock opened at $74.5260 on Friday. DuPont de Nemours, Inc. has a 52-week low of $53.77 and a 52-week high of $90.06. The company has a 50 day moving average of $72.20 and a 200 day moving average of $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. The company has a market capitalization of $31.21 billion, a P/E ratio of -158.57, a P/E/G ratio of 1.85 and a beta of 1.06.

DuPont de Nemours (NYSE:DD - Get Free Report) last issued 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 quarter in the previous year, the firm earned $0.97 earnings per share. The firm's quarterly 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 EPS for the current fiscal year.

DuPont de Nemours Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Stockholders 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 dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, August 29th. DuPont de Nemours's payout ratio is presently -348.94%.

Analysts Set New Price Targets

DD has been the subject of several recent analyst reports. Mizuho raised their price objective 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. Royal Bank Of Canada raised their price objective 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. KeyCorp lifted their price target on shares of DuPont de Nemours from $87.00 to $92.00 and gave the company an "overweight" rating in a research report on Wednesday, August 6th. JPMorgan Chase & Co. lifted their price target on shares of DuPont de Nemours from $78.00 to $93.00 and gave the company an "overweight" rating in a research report on Friday, May 16th. Finally, Morgan Stanley dropped their price target on shares of DuPont de Nemours from $94.00 to $80.00 and set an "equal weight" rating for the company in a research report on Monday, May 5th. Nine research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus 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.

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