DuPont de Nemours, Inc. $DD Stock Holdings Lowered by Quantbot Technologies LP

Key Points

• Quantbot Technologies LP has reduced its holdings in DuPont de Nemours by 53.7%, owning 29,452 shares after selling 34,172 during the first quarter, with a total valuation of $2.2 million.
• In contrast, Vanguard Group Inc. increased its holdings by 0.6% to nearly 46.9 million shares, valued at approximately $3.5 billion.
• DuPont de Nemours reported earnings of $1.12 per share for the last quarter, surpassing estimates, along with a quarterly revenue of $3.26 billion, which was above projected figures.

Quantbot Technologies LP cut its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 53.7% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 29,452 shares of the basic materials company's stock after selling 34,172 shares during the quarter. Quantbot Technologies LP's holdings in DuPont de Nemours were worth $2,199,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of DuPont de Nemours by 0.6% during the first quarter. Vanguard Group Inc. now owns 46,894,623 shares of the basic materials company's stock valued at $3,502,090,000 after buying an additional 298,408 shares during the last quarter. Nuveen LLC acquired a new stake in DuPont de Nemours in the 1st quarter valued at approximately $531,037,000. Northern Trust Corp raised its stake in DuPont de Nemours by 16.3% during the 4th quarter. Northern Trust Corp now owns 4,931,816 shares of the basic materials company's stock valued at $376,051,000 after acquiring an additional 690,218 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in DuPont de Nemours by 10.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,413,443 shares of the basic materials company's stock worth $260,276,000 after acquiring an additional 336,000 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in shares of DuPont de Nemours by 1.1% in the first quarter. Bank of New York Mellon Corp now owns 3,347,098 shares of the basic materials company's stock worth $249,961,000 after purchasing an additional 37,327 shares in the last quarter. 73.96% of the stock is owned by institutional investors and hedge funds.

DuPont de Nemours Trading Up 0.1%

Shares of NYSE:DD opened at $74.5260 on Friday. 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 has a market capitalization of $31.21 billion, a price-to-earnings ratio of -158.57, a PEG ratio of 1.85 and a beta of 1.06. DuPont de Nemours, Inc. has a 1-year low of $53.77 and a 1-year high of $90.06. The company has a 50 day moving average price of $72.20 and a 200 day moving average price of $71.48.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.06. The company had revenue of $3.26 billion for the quarter, compared to analysts' expectations of $3.23 billion. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%.The firm's revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.97 earnings per share. 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, research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be paid a $0.41 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $1.64 dividend on an annualized basis and a yield of 2.2%. DuPont de Nemours's dividend payout ratio (DPR) is currently -348.94%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on DD shares. UBS Group upped their price objective on shares of DuPont de Nemours from $87.00 to $89.00 and gave the stock a "buy" rating in a report on Monday, July 21st. Morgan Stanley reduced their price target on shares of DuPont de Nemours from $94.00 to $80.00 and set an "equal weight" rating for the company in a research note on Monday, May 5th. Barclays decreased their price objective on shares of DuPont de Nemours from $89.00 to $73.00 and set an "equal weight" rating for the company in a report on Tuesday, April 29th. KeyCorp boosted their target price on DuPont de Nemours from $87.00 to $92.00 and gave the stock an "overweight" rating in a report on Wednesday, August 6th. Finally, Royal Bank Of Canada upped their target price on DuPont de Nemours from $93.00 to $94.00 and gave the stock an "outperform" rating in a research report on Friday, August 8th. Nine investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. 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.

About DuPont de Nemours

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.

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