Gamco Investors INC. ET AL Has $10.92 Million Holdings in DuPont de Nemours, Inc. $DD

Key Points

• Gamco Investors INC. ET AL reduced its stake in DuPont de Nemours, Inc. by 9.0% during the first quarter, selling 14,377 shares and retaining a total of 146,175 shares valued at approximately $10.9 million.
• DuPont reported earnings per share of $1.12 for the last quarter, exceeding analysts' expectations, and had quarterly revenue of $3.26 billion, marking a 2.7% increase year-over-year.
• The company announced a quarterly dividend of $0.41 per share, with a yield of 2.1%, although its payout ratio is currently negative at -348.94%.

Gamco Investors INC. ET AL lowered its stake in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 9.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 146,175 shares of the basic materials company's stock after selling 14,377 shares during the quarter. Gamco Investors INC. ET AL's holdings in DuPont de Nemours were worth $10,916,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Vermillion Wealth Management Inc. purchased a new position in DuPont de Nemours in the 4th quarter worth about $28,000. JNBA Financial Advisors increased its stake in DuPont de Nemours by 132.5% in the 1st quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company's stock worth $28,000 after purchasing an additional 216 shares in the last quarter. Valley National Advisers Inc. increased its stake in DuPont de Nemours by 145.0% in the 1st quarter. Valley National Advisers Inc. now owns 419 shares of the basic materials company's stock worth $31,000 after purchasing an additional 248 shares in the last quarter. Pinney & Scofield Inc. acquired a new stake in DuPont de Nemours during the 4th quarter worth about $36,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in DuPont de Nemours by 1,770.0% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 561 shares of the basic materials company's stock worth $42,000 after acquiring an additional 531 shares during the period. Hedge funds and other institutional investors own 73.96% of the company's stock.

DuPont de Nemours Stock Down 0.8%

Shares of DuPont de Nemours stock traded down $0.61 during trading on Monday, hitting $77.02. 2,676,260 shares of the stock traded hands, compared to its average volume of 3,026,819. The stock has a market cap of $32.25 billion, a P/E ratio of -163.88, a PEG ratio of 1.92 and a beta of 1.07. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 1.41. DuPont de Nemours, Inc. has a twelve month low of $53.77 and a twelve month high of $90.06. The company has a fifty day moving average price of $73.45 and a two-hundred day moving average price of $71.31.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted its earnings results on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.23 billion. During the same period in the previous year, the company earned $0.97 EPS. The company's revenue for the quarter was up 2.7% on a year-over-year basis. DuPont de Nemours has set its FY 2025 guidance at 4.400-4.400 EPS. Q3 2025 guidance at 1.150-1.150 EPS. Equities research analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

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

Analyst Upgrades and Downgrades

DD has been the subject of a number of research reports. JPMorgan Chase & Co. raised their price objective on DuPont de Nemours from $78.00 to $93.00 and gave the stock an "overweight" rating in a research report on Friday, May 16th. Citigroup raised their price objective on DuPont de Nemours from $75.00 to $85.00 and gave the stock a "buy" rating in a research report on Thursday, July 3rd. Wells Fargo & Company raised their price objective on DuPont de Nemours from $81.00 to $90.00 and gave the stock an "overweight" rating in a research report on Monday, July 14th. KeyCorp raised their price objective on DuPont de Nemours from $87.00 to $92.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 6th. Finally, UBS Group raised their price objective on DuPont de Nemours from $87.00 to $89.00 and gave the stock a "buy" rating in a research report on Monday, July 21st. Nine investment 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.

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.