DuPont de Nemours, Inc. $DD Stake Increased by Salem Investment Counselors Inc.

Key Points

• Salem Investment Counselors increased its DuPont stake by 272.8% in the third quarter, owning 11,042 shares valued at approximately $1.43 million. Institutional investors collectively hold 73.96% of the company.
• DuPont reported quarterly EPS of $1.88, beating estimates of $1.76, while revenue rose 4% year over year to $1.82 billion. The company declared a quarterly dividend of $0.60 per share, representing a 1.9% annualized yield.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $163, compared with the stock’s reported price of $128.41; target prices were recently lowered by several firms.

Salem Investment Counselors Inc. increased its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 272.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,042 shares of the basic materials company's stock after purchasing an additional 8,080 shares during the quarter. Salem Investment Counselors Inc.'s holdings in DuPont de Nemours were worth $1,434,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DD. B. Riley Wealth Advisors Inc. bought a new position in DuPont de Nemours in the 3rd quarter worth approximately $233,000. Krilogy Financial LLC grew its holdings in DuPont de Nemours by 615.2% during the 3rd quarter. Krilogy Financial LLC now owns 23,638 shares of the basic materials company's stock valued at $3,070,000 after buying an additional 20,333 shares in the last quarter. First Financial Corp IN purchased a new stake in DuPont de Nemours during the 3rd quarter valued at approximately $57,000. NorthCrest Asset Manangement LLC raised its position in shares of DuPont de Nemours by 178.9% during the third quarter. NorthCrest Asset Manangement LLC now owns 11,696 shares of the basic materials company's stock valued at $1,519,000 after buying an additional 7,502 shares during the last quarter. Finally, Wedmont Private Capital raised its position in shares of DuPont de Nemours by 232.6% during the third quarter. Wedmont Private Capital now owns 6,739 shares of the basic materials company's stock valued at $875,000 after buying an additional 4,713 shares during the last quarter. Institutional investors own 73.96% of the company's stock.

DuPont de Nemours Price Performance

NYSE:DD opened at $128.41 on Thursday. The business's 50-day moving average is $133.78 and its 200 day moving average is $138.29. DuPont de Nemours, Inc. has a 12 month low of $97.34 and a 12 month high of $157.98. The company has a market capitalization of $17.34 billion, a P/E ratio of 285.42, a P/E/G ratio of 1.18 and a beta of 1.05. The company has a current ratio of 2.43, a quick ratio of 1.82 and a debt-to-equity ratio of 0.23.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its quarterly earnings results 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 business had revenue of $1.82 billion during the quarter, compared to analysts' expectations of $1.81 billion. DuPont de Nemours had a return on equity of 6.92% and a net margin of 0.67%. The firm's revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.12 EPS. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. On average, equities research analysts forecast that DuPont de Nemours, Inc. will post 7.26 earnings per share for the current fiscal year.

DuPont de Nemours Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Monday, November 30th. DuPont de Nemours's dividend payout ratio is currently 533.33%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Citigroup lowered their target price on shares of DuPont de Nemours from $170.00 to $162.00 and set a "buy" rating on the stock in a report on Wednesday, October 7th. The Goldman Sachs Group cut their target price on shares of DuPont de Nemours from $159.00 to $153.00 and set a "neutral" rating for the company in a research note on Wednesday, September 30th. UBS Group cut their target price on shares of DuPont de Nemours from $178.00 to $172.00 and set a "buy" rating for the company in a research note on Monday, October 5th. Weiss Ratings reiterated a "sell (d+)" rating on shares of DuPont de Nemours in a report on Monday, August 3rd. Finally, Royal Bank Of Canada decreased their price target on shares of 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 investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $163.00.

DuPont de Nemours Company Profile

DuPont de Nemours, Inc is a science and technology company that develops engineered materials, specialty chemicals and other performance solutions for industrial and consumer markets. Its products are used in areas including electronics and semiconductor manufacturing, water purification, healthcare, transportation, construction, aerospace, worker safety and industrial processing.

DuPont's portfolio includes well-known brands and materials such as Kevlar aramid fiber, Nomex flame-resistant materials, Tyvek protective materials, Kapton polyimide film, Vespel high-performance parts and Corian solid-surface materials.

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