Iams Wealth Management LLC Purchases 16,038 Shares of DuPont de Nemours, Inc. $DD

Key Points

• Iams Wealth Management increased its DuPont de Nemours position by 174.2% in the third quarter, purchasing 16,038 additional shares and bringing its holdings to 25,243 shares valued at approximately $3.28 million.
• Institutional ownership remains high at 73.96%, with major investors including State Street, Auto Owners Insurance, Bank of America, Bank of New York Mellon and Dimensional Fund Advisors also increasing their positions.
• Analysts maintain a generally positive outlook, with the stock carrying a “Moderate Buy” consensus rating and a $162 average price target versus its reported $131.45 share price. DuPont also reported quarterly earnings above estimates and declared a $0.60-per-share dividend.

Iams Wealth Management LLC increased its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 174.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,243 shares of the basic materials company's stock after purchasing an additional 16,038 shares during the quarter. DuPont de Nemours makes up about 0.9% of Iams Wealth Management LLC's portfolio, making the stock its 27th biggest position. Iams Wealth Management LLC's holdings in DuPont de Nemours were worth $3,279,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of DD. State Street Corp raised its position in DuPont de Nemours by 140.3% during the 2nd quarter. State Street Corp now owns 44,941,824 shares of the basic materials company's stock valued at $6,095,909,000 after purchasing an additional 26,238,300 shares in the last quarter. Auto Owners Insurance Co grew its position in shares of DuPont de Nemours by 4,275.8% during the 4th quarter. Auto Owners Insurance Co now owns 17,552,405 shares of the basic materials company's stock worth $70,561,000 after buying an additional 17,151,278 shares in the last quarter. Bank of America Corp DE grew its position in shares of DuPont de Nemours by 22.0% during the 1st quarter. Bank of America Corp DE now owns 4,629,671 shares of the basic materials company's stock worth $212,039,000 after buying an additional 835,572 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of DuPont de Nemours by 10.0% during 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 buying an additional 336,780 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of DuPont de Nemours by 4.9% during 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 buying an additional 163,210 shares during the period. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

DD has been the subject of several recent research reports. Barclays began coverage on DuPont de Nemours in a report on Tuesday. They issued an "overweight" rating and a $156.00 price objective for the company. Citigroup dropped their price objective on shares of DuPont de Nemours from $170.00 to $162.00 and set a "buy" rating on the stock in a research note on Wednesday, October 7th. Zacks Research lowered shares of DuPont de Nemours from a "strong-buy" rating to a "hold" rating in a report on Friday, July 17th. UBS Group cut 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 report on Monday, October 5th. Finally, Royal Bank Of Canada reduced their price objective on shares of DuPont de Nemours from $176.00 to $160.00 and set an "outperform" rating for the company in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $162.00.

DuPont de Nemours Price Performance

Shares of DD stock opened at $131.45 on Friday. The stock's 50-day moving average is $133.53 and its 200 day moving average is $138.26. DuPont de Nemours, Inc. has a 1-year low of $97.34 and a 1-year high of $157.98. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.43 and a quick ratio of 1.82. The company has a market cap of $17.75 billion, a P/E ratio of 292.17, a PEG ratio of 1.17 and a beta of 1.05.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its earnings results on Tuesday, August 4th. The basic materials company reported $1.88 EPS for the quarter, topping analysts' consensus estimates of $1.76 by $0.12. The business had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.81 billion. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. The firm's revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.12 earnings per share. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. Research analysts predict that DuPont de Nemours, Inc. will post 7.26 earnings per share for the current fiscal year.

DuPont de Nemours Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be given a $0.60 dividend. The ex-dividend date of this dividend is Monday, November 30th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.8%. DuPont de Nemours's payout ratio is presently 533.33%.

DuPont de Nemours Profile

DuPont de Nemours, Inc is a science and technology company that develops engineered materials, specialty chemicals and other performance solutions for industrial and consumer markets. Its products are used in areas including electronics and semiconductor manufacturing, water purification, healthcare, transportation, construction, aerospace, worker safety and industrial processing.

DuPont's portfolio includes well-known brands and materials such as Kevlar aramid fiber, Nomex flame-resistant materials, Tyvek protective materials, Kapton polyimide film, Vespel high-performance parts and Corian solid-surface materials.

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