Quadcap Wealth Management LLC Sells 4,545 Shares of DuPont de Nemours, Inc. $DD

Key Points

• Quadcap Wealth Management LLC has reduced its stake in DuPont de Nemours by 45%, now holding 5,554 shares valued at approximately $415,000.
• DuPont reported $1.12 earnings per share for the last quarter, surpassing analyst estimates and representing a 2.7% revenue increase year-over-year.
• The company announced a quarterly dividend of $0.41, with a yield of 2.1%, despite a -348.94% dividend payout ratio.

Quadcap Wealth Management LLC lowered its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 45.0% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,554 shares of the basic materials company's stock after selling 4,545 shares during the period. Quadcap Wealth Management LLC's holdings in DuPont de Nemours were worth $415,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vermillion Wealth Management Inc. acquired a new position in DuPont de Nemours in the 4th quarter worth about $28,000. JNBA Financial Advisors increased its holdings in DuPont de Nemours by 132.5% in the 1st quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company's stock worth $28,000 after purchasing an additional 216 shares in the last quarter. Valley National Advisers Inc. increased its holdings in DuPont de Nemours by 145.0% in the 1st quarter. Valley National Advisers Inc. now owns 419 shares of the basic materials company's stock worth $31,000 after purchasing an additional 248 shares in the last quarter. Pinney & Scofield Inc. acquired a new position in DuPont de Nemours in the 4th quarter worth about $36,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in DuPont de Nemours by 1,770.0% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 561 shares of the basic materials company's stock worth $42,000 after purchasing an additional 531 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company's stock.

DuPont de Nemours Trading Down 0.8%

Shares of DD stock traded down $0.61 on Friday, hitting $77.02. The company had a trading volume of 2,676,260 shares, compared to its average volume of 3,105,095. DuPont de Nemours, Inc. has a twelve month low of $53.77 and a twelve month high of $90.06. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 1.41. The stock's 50-day moving average is $73.45 and its two-hundred day moving average is $71.40. The firm has a market cap of $32.25 billion, a P/E ratio of -163.88, a P/E/G ratio of 1.92 and a beta of 1.06.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its earnings results on Tuesday, August 5th. The basic materials company reported $1.12 EPS for the quarter, beating the consensus estimate 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 company had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.23 billion. During the same quarter in the prior year, the company earned $0.97 EPS. The firm's revenue for the quarter 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. On average, equities research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share 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. Investors of record on Friday, August 29th will be given a dividend of $0.41 per share. The ex-dividend date is Friday, August 29th. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. DuPont de Nemours's dividend payout ratio is presently -348.94%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on DD. Mizuho upped 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. Citigroup upped their target price on DuPont de Nemours from $75.00 to $85.00 and gave the stock a "buy" rating in a report on Thursday, July 3rd. JPMorgan Chase & Co. upped 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. Royal Bank Of Canada upped their price target on DuPont de Nemours from $93.00 to $94.00 and gave the company an "outperform" rating in a research report on Friday, August 8th. Finally, UBS Group increased their price target on DuPont de Nemours from $87.00 to $89.00 and gave the company a "buy" rating in a research note on Monday, July 21st. Nine investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, DuPont de Nemours currently has an average rating of "Moderate Buy" and a consensus target price 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.