DuPont de Nemours, Inc. $DD Shares Sold by Community Bank N.A.

Key Points

• Community Bank N.A. cut its DuPont de Nemours position by 67.2% in the second quarter, selling 20,797 shares and retaining 10,138 shares valued at approximately $1.38 million.
• Other institutional investors substantially increased their holdings, with institutions and hedge funds collectively owning 73.96% of DuPont’s stock.
• DuPont exceeded quarterly earnings expectations, reporting $1.88 in EPS versus a $1.76 estimate and $1.82 billion in revenue. Analysts maintain a “Moderate Buy” consensus with an average price target of $166.60, while the company’s annualized dividend yield is 1.8%.

Community Bank N.A. lessened its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 67.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,138 shares of the basic materials company's stock after selling 20,797 shares during the period. Community Bank N.A.'s holdings in DuPont de Nemours were worth $1,375,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. California State Teachers Retirement System raised its holdings in DuPont de Nemours by 7,560.9% in the 2nd quarter. California State Teachers Retirement System now owns 38,660,655 shares of the basic materials company's stock valued at $5,243,931,000 after acquiring an additional 38,156,004 shares during the last quarter. Auto Owners Insurance Co boosted its holdings in shares of DuPont de Nemours by 4,275.8% during the fourth quarter. Auto Owners Insurance Co now owns 17,552,405 shares of the basic materials company's stock worth $70,561,000 after purchasing an additional 17,151,278 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of DuPont de Nemours by 12,133.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 9,614,878 shares of the basic materials company's stock worth $365,921,000 after purchasing an additional 9,536,283 shares during the last quarter. Invesco Ltd. grew its position in shares of DuPont de Nemours by 64.4% in the fourth quarter. Invesco Ltd. now owns 14,514,600 shares of the basic materials company's stock valued at $583,487,000 after purchasing an additional 5,686,490 shares during the period. Finally, Barrow Hanley Mewhinney & Strauss LLC grew its position in shares of DuPont de Nemours by 242.4% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 7,491,426 shares of the basic materials company's stock valued at $301,155,000 after purchasing an additional 5,303,219 shares during the period. Hedge funds and other institutional investors own 73.96% of the company's stock.

DuPont de Nemours Stock Performance

DuPont de Nemours stock opened at $131.46 on Wednesday. The firm has a market capitalization of $17.75 billion, a PE ratio of 292.20, a price-to-earnings-growth ratio of 1.20 and a beta of 1.06. DuPont de Nemours, Inc. has a one year low of $92.49 and a one year high of $157.98. The stock's 50 day moving average price is $138.26 and its 200 day moving average price is $140.34. 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 (NYSE:DD - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.12. The company had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.81 billion. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. DuPont de Nemours's revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter last year, the company earned $1.12 earnings per share. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. As a group, sell-side analysts expect that DuPont de Nemours, Inc. will post 7.27 EPS for the current fiscal year.

DuPont de Nemours Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Monday, August 31st. DuPont de Nemours's dividend payout ratio (DPR) is presently 533.33%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on DD shares. Royal Bank Of Canada reduced 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. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of DuPont de Nemours in a research note on Monday, August 3rd. The Goldman Sachs Group increased their price objective on shares of DuPont de Nemours from $53.00 to $159.00 and gave the stock a "neutral" rating in a report on Thursday, June 25th. Zacks Research lowered shares of DuPont de Nemours from a "strong-buy" rating to a "hold" rating in a report on Friday, July 17th. Finally, JPMorgan Chase & Co. upped their price objective on DuPont de Nemours from $171.00 to $172.00 and gave the stock an "overweight" rating in a report on Monday, August 10th. Twelve analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $166.60.

DuPont de Nemours Company Profile

DuPont de Nemours NYSE: DD is a global science and engineering company that develops and supplies specialty materials, chemicals and industrial biosciences for a wide range of markets. Headquartered in Wilmington, Delaware, the company traces its origins to 1802 and has evolved through more than two centuries of innovation. In recent history DuPont participated in a major combination with Dow Chemical and subsequent reorganization that refocused the company on differentiated, specialty businesses built around science-based solutions.

DuPont's operations center on advanced materials and technologies used by manufacturers and OEMs in industries such as transportation, electronics, construction, industrial manufacturing and worker safety.

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