DuPont de Nemours, Inc. $DD Shares Sold by Waverly Advisors LLC

Key Points

• Waverly Advisors reduced its DuPont de Nemours stake by 65.9% in the second quarter, selling 8,653 shares and retaining 4,484 shares valued at approximately $608,000. Institutional investors collectively own 73.96% of the company.
• Analysts maintain a generally positive view, with 12 Buy ratings, four Holds, and one Sell. DuPont has an average “Moderate Buy” rating and a consensus price target of $166.60.
• DuPont exceeded quarterly earnings expectations, reporting $1.88 in adjusted EPS versus the $1.76 consensus and $1.82 billion in revenue. The company pays a $2.40 annualized dividend, yielding about 1.9%.

Waverly Advisors LLC trimmed its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 65.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,484 shares of the basic materials company's stock after selling 8,653 shares during the quarter. Waverly Advisors LLC's holdings in DuPont de Nemours were worth $608,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Basepoint Wealth LLC acquired a new stake in DuPont de Nemours during the 4th quarter valued at approximately $28,000. Nalls Sherbakoff Group LLC acquired a new position in shares of DuPont de Nemours in the 4th quarter valued at approximately $29,000. Elevation Wealth Partners LLC boosted its stake in shares of DuPont de Nemours by 168.5% during the 2nd quarter. Elevation Wealth Partners LLC now owns 239 shares of the basic materials company's stock valued at $32,000 after buying an additional 150 shares during the last quarter. Commonwealth Retirement Investments LLC acquired a new stake in shares of DuPont de Nemours during the fourth quarter worth approximately $33,000. Finally, Elyxium Wealth LLC acquired a new stake in shares of DuPont de Nemours during the fourth quarter worth approximately $50,000. Institutional investors and hedge funds own 73.96% of the company's stock.

Analysts Set New Price Targets

Several research firms recently issued reports on DD. UBS Group upped their price target on shares of DuPont de Nemours from $175.00 to $178.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. Citigroup boosted their target price on shares of DuPont de Nemours from $168.00 to $170.00 and gave the stock a "buy" rating in a research report on Thursday, July 2nd. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of DuPont de Nemours in a research report on Monday, August 3rd. The Goldman Sachs Group lifted their price target on DuPont de Nemours from $53.00 to $159.00 and gave the stock a "neutral" rating in a research note on Thursday, June 25th. Finally, Royal Bank Of Canada cut their price objective on DuPont de Nemours from $180.00 to $176.00 and set an "outperform" rating on the stock in a research note on Friday, August 7th. Twelve analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $166.60.

DuPont de Nemours Stock Up 3.0%

Shares of DuPont de Nemours stock opened at $128.07 on Wednesday. The company has a current ratio of 2.43, a quick ratio of 1.82 and a debt-to-equity ratio of 0.23. The business's 50 day simple moving average is $136.97 and its 200-day simple moving average is $139.48. The stock has a market capitalization of $17.29 billion, a price-to-earnings ratio of 284.66, a PEG ratio of 1.13 and a beta of 1.06. DuPont de Nemours, Inc. has a twelve month low of $92.49 and a twelve month high of $157.98.

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 for the quarter, beating the consensus estimate of $1.76 by $0.12. The firm had revenue of $1.82 billion for 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 quarterly revenue was up 4.0% compared to the same quarter last year. During the same period last year, the firm posted $1.12 EPS. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. Equities research analysts forecast that DuPont de Nemours, Inc. will post 7.27 earnings per share for the current year.

DuPont de Nemours Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Monday, August 31st. This represents a $2.40 annualized dividend and a yield of 1.9%. DuPont de Nemours's payout ratio is presently 533.33%.

DuPont de Nemours Profile

DuPont de Nemours, Inc is a global materials science company headquartered in Wilmington, Delaware. The company develops engineered materials and specialty products used in electronics, transportation, construction, healthcare, water treatment, and industrial applications.

Its offerings include semiconductor and advanced packaging materials, engineering polymers, specialty resins, water purification and separation technologies, and protective materials and solutions. DuPont's products are sold to manufacturers, industrial customers, and other businesses across North America, Europe, Asia-Pacific, and other international markets.

The company was formed in 2019 following the separation of DowDuPont into independent companies, including DuPont, Dow, and Corteva.

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