Fox Run Management L.L.C. Buys New Holdings in DuPont de Nemours, Inc. $DD

Key Points

• Fox Run Management L.L.C. acquired a new stake in DuPont de Nemours, purchasing 7,745 shares valued at approximately $578,000.
• Analysts have recently raised the target prices for DuPont de Nemours, with a consensus rating of "Moderate Buy" and an average price target of $88.25.
• DuPont de Nemours announced a quarterly dividend of $0.41, with an annualized yield of 2.2%, notwithstanding a negative dividend payout ratio.

Fox Run Management L.L.C. bought a new stake in DuPont de Nemours, Inc. (NYSE:DD - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 7,745 shares of the basic materials company's stock, valued at approximately $578,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC lifted its stake in shares of DuPont de Nemours by 19.6% in the fourth quarter. Brighton Jones LLC now owns 5,012 shares of the basic materials company's stock valued at $382,000 after purchasing an additional 822 shares during the period. NewEdge Advisors LLC lifted its position in shares of DuPont de Nemours by 11.8% during the 4th quarter. NewEdge Advisors LLC now owns 33,136 shares of the basic materials company's stock valued at $2,527,000 after acquiring an additional 3,509 shares during the period. CANADA LIFE ASSURANCE Co boosted its stake in shares of DuPont de Nemours by 4.2% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 403,020 shares of the basic materials company's stock worth $30,719,000 after acquiring an additional 16,235 shares in the last quarter. Forum Financial Management LP boosted its stake in shares of DuPont de Nemours by 2.6% during the 4th quarter. Forum Financial Management LP now owns 7,985 shares of the basic materials company's stock worth $609,000 after acquiring an additional 201 shares in the last quarter. Finally, Freedom Investment Management Inc. grew its holdings in shares of DuPont de Nemours by 3.4% in the 4th quarter. Freedom Investment Management Inc. now owns 4,920 shares of the basic materials company's stock worth $375,000 after acquiring an additional 164 shares during the period. 73.96% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DD has been the subject of several research reports. UBS Group lifted their price objective on DuPont de Nemours from $87.00 to $89.00 and gave the stock a "buy" rating in a report on Monday, July 21st. KeyCorp lifted their price target on DuPont de Nemours from $87.00 to $92.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 6th. JPMorgan Chase & Co. boosted their price objective on shares of DuPont de Nemours from $78.00 to $93.00 and gave the stock an "overweight" rating in a research report on Friday, May 16th. Wells Fargo & Company raised their target price on shares of DuPont de Nemours from $81.00 to $90.00 and gave the company an "overweight" rating in a report on Monday, July 14th. Finally, Royal Bank Of Canada upped their price target on shares of DuPont de Nemours from $93.00 to $94.00 and gave the company an "outperform" rating in a report on Friday, August 8th. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, DuPont de Nemours presently has a consensus rating of "Moderate Buy" and an average target price of $88.25.

DuPont de Nemours Trading Up 3.7%

DD stock traded up $2.7850 during midday trading on Friday, hitting $77.3350. The stock had a trading volume of 1,341,324 shares, compared to its average volume of 2,930,140. The firm has a market cap of $32.38 billion, a PE ratio of -164.51, a price-to-earnings-growth ratio of 1.85 and a beta of 1.06. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.41 and a quick ratio of 0.94. DuPont de Nemours, Inc. has a 12-month low of $53.77 and a 12-month high of $90.06. The company's 50-day moving average price is $72.20 and its 200 day moving average price is $71.48.

DuPont de Nemours (NYSE:DD - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share for the quarter, topping analysts' consensus estimates 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 posted $0.97 EPS. The business'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 predict that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 29th will be issued a $0.41 dividend. The ex-dividend date is Friday, August 29th. This represents a $1.64 annualized dividend and a yield of 2.1%. DuPont de Nemours's payout ratio is -348.94%.

DuPont de Nemours Company 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.