DuPont de Nemours, Inc. $DD Stock Bought by Apollon Wealth Management LLC

Apollon Wealth Management LLC boosted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 136.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,296 shares of the basic materials company's stock after purchasing an additional 10,562 shares during the period. Apollon Wealth Management LLC's holdings in DuPont de Nemours were worth $2,376,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of DD. State Street Corp grew its position in shares of DuPont de Nemours by 140.3% in the 2nd quarter. State Street Corp now owns 44,941,824 shares of the basic materials company's stock worth $6,095,909,000 after buying an additional 26,238,300 shares during the last quarter. Bank of America Corp DE lifted its stake in DuPont de Nemours by 22.0% in the first quarter. Bank of America Corp DE now owns 4,629,671 shares of the basic materials company's stock worth $212,039,000 after acquiring an additional 835,572 shares during the period. Bank of New York Mellon Corp boosted its holdings in DuPont de Nemours by 10.0% in the first quarter. Bank of New York Mellon Corp now owns 3,706,596 shares of the basic materials company's stock valued at $169,762,000 after acquiring an additional 336,780 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in DuPont de Nemours by 4.9% in the first quarter. Dimensional Fund Advisors LP now owns 3,509,831 shares of the basic materials company's stock valued at $160,688,000 after acquiring an additional 163,210 shares in the last quarter. Finally, Amundi boosted its holdings in DuPont de Nemours by 31.3% in the first quarter. Amundi now owns 2,478,630 shares of the basic materials company's stock valued at $113,526,000 after acquiring an additional 591,011 shares in the last quarter. Hedge funds and other institutional investors own 73.96% of the company's stock.

DuPont de Nemours Stock Up 0.7%

Shares of DuPont de Nemours stock opened at $138.70 on Thursday. DuPont de Nemours, Inc. has a 1 year low of $100.00 and a 1 year high of $157.98. The firm has a market cap of $18.73 billion, a price-to-earnings ratio of 308.28, a PEG ratio of 1.26 and a beta of 1.05. The company has a 50-day moving average of $132.21 and a 200 day moving average of $138.24. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.43 and a quick ratio of 1.82.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $1.88 EPS for the quarter, topping the consensus estimate of $1.76 by $0.12. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. The business had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the previous year, the firm posted $1.12 earnings per share. DuPont de Nemours's quarterly revenue was up 4.0% on a year-over-year basis. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. As a group, sell-side analysts anticipate that DuPont de Nemours, Inc. will post 7.25 earnings per share for the current fiscal year.

DuPont de Nemours Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, November 30th. DuPont de Nemours's dividend payout ratio is currently 533.33%.

Analysts Set New Price Targets

DD has been the topic of a number of research analyst reports. UBS Group reduced their price objective on shares of DuPont de Nemours from $178.00 to $172.00 and set a "buy" rating on the stock in a research report on Monday, October 5th. 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 on the stock in a research note on Wednesday, September 30th. Zacks Research lowered shares of DuPont de Nemours from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 17th. Weiss Ratings reiterated a "sell (d+)" rating on shares of DuPont de Nemours in a research report on Monday, August 3rd. Finally, Citigroup decreased their price target on shares of DuPont de Nemours from $170.00 to $162.00 and set a "buy" rating for the company in a research note on Wednesday, October 7th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $162.00.

DuPont de Nemours Profile

DuPont de Nemours, Inc is a diversified science and technology company that develops engineered materials and specialty products for industrial and consumer markets. Its offerings are used in applications including electronics, semiconductor manufacturing, water purification, transportation, construction, healthcare, and worker and consumer protection.

The company's product portfolio has historically included high-performance films, resins, adhesives, engineered polymers, specialty fibers, protective materials, water-treatment membranes, and filtration technologies.

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