DuPont de Nemours, Inc. $DD Shares Bought by Graham Capital Management L.P.

Key Points

• Graham Capital Management L.P. has significantly increased its stake in DuPont de Nemours, acquiring 89,980 shares and growing its overall holding by 2,223.4% during the first quarter.
• DuPont reported a quarterly earnings per share (EPS) of **$1.12**, which exceeded analyst estimates of **$1.06**, alongside a year-over-year revenue increase of **2.7%** to **$3.26 billion**.
• The company announced a $0.41 quarterly dividend, with a payout ratio currently at **-348.94%**, and a dividend yield of **2.1%**.

Graham Capital Management L.P. boosted its position in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 2,223.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 94,027 shares of the basic materials company's stock after acquiring an additional 89,980 shares during the period. Graham Capital Management L.P.'s holdings in DuPont de Nemours were worth $7,022,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in DuPont de Nemours by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 46,894,623 shares of the basic materials company's stock valued at $3,502,090,000 after purchasing an additional 298,408 shares in the last quarter. Nuveen LLC purchased a new position in shares of DuPont de Nemours during the 1st quarter worth about $531,037,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of DuPont de Nemours by 21.9% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,159,807 shares of the basic materials company's stock worth $310,656,000 after acquiring an additional 746,364 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of DuPont de Nemours by 1.1% during the 1st 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 acquiring an additional 37,327 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of DuPont de Nemours by 2.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,190,172 shares of the basic materials company's stock worth $238,200,000 after acquiring an additional 83,147 shares during the period. Institutional investors and hedge funds own 73.96% of the company's stock.

Wall Street Analyst Weigh In

DD has been the subject of several recent research reports. Citigroup increased their price objective on shares of DuPont de Nemours from $75.00 to $85.00 and gave the company a "buy" rating in a research report on Thursday, July 3rd. Wells Fargo & Company increased their price objective on shares of DuPont de Nemours from $81.00 to $90.00 and gave the company an "overweight" rating in a research report on Monday, July 14th. Royal Bank Of Canada increased their price objective on shares of DuPont de Nemours from $93.00 to $94.00 and gave the company an "outperform" rating in a research report on Friday, August 8th. JPMorgan Chase & Co. increased their price objective on shares of DuPont de Nemours from $78.00 to $93.00 and gave the company an "overweight" rating in a research report on Friday, May 16th. Finally, Mizuho raised their price target on shares of DuPont de Nemours from $80.00 to $85.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 15th. Nine equities research 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, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $88.25.

DuPont de Nemours Price Performance

DuPont de Nemours stock traded down $0.31 during mid-day trading on Wednesday, hitting $75.48. 2,064,738 shares of the company were exchanged, compared to its average volume of 2,818,564. The company has a quick ratio of 0.94, a current ratio of 1.41 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $31.61 billion, a PE ratio of -160.60, a price-to-earnings-growth ratio of 1.92 and a beta of 1.07. DuPont de Nemours, Inc. has a 1-year low of $53.77 and a 1-year high of $90.06. The business has a fifty day moving average of $73.95 and a 200 day moving average of $71.33.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its earnings results on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share (EPS) for the quarter, beating 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 business had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.23 billion. During the same quarter last year, the firm earned $0.97 EPS. DuPont de Nemours'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. As a group, sell-side analysts expect that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Dividend Announcement

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

DuPont de Nemours 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.