Ieq Capital LLC Sells 13,820 Shares of DuPont de Nemours, Inc. $DD

Key Points

• Ieq Capital LLC reduced its stock holdings in DuPont de Nemours by 25.2%, owning 41,073 shares valued at $3,067,000 after selling 13,820 shares in the first quarter.
• Several hedge funds have recently made significant changes to their positions in DuPont, with Nuveen LLC investing approximately $531 million to establish a new position in the company.
• DuPont’s quarterly earnings report showed an EPS of $1.12, surpassing analyst estimates, and the company plans to pay a quarterly dividend of $0.41 per share on September 15th.

Ieq Capital LLC reduced its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 25.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 41,073 shares of the basic materials company's stock after selling 13,820 shares during the period. Ieq Capital LLC's holdings in DuPont de Nemours were worth $3,067,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in DD. Brighton Jones LLC grew its holdings in shares of DuPont de Nemours by 19.6% during the fourth quarter. Brighton Jones LLC now owns 5,012 shares of the basic materials company's stock valued at $382,000 after buying an additional 822 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of DuPont de Nemours by 15.4% during the fourth quarter. AQR Capital Management LLC now owns 569,730 shares of the basic materials company's stock valued at $43,442,000 after buying an additional 75,925 shares in the last quarter. Wahed Invest LLC grew its holdings in shares of DuPont de Nemours by 6.3% during the fourth quarter. Wahed Invest LLC now owns 10,453 shares of the basic materials company's stock valued at $797,000 after buying an additional 621 shares in the last quarter. Gallagher Fiduciary Advisors LLC grew its holdings in shares of DuPont de Nemours by 19.4% during the fourth quarter. Gallagher Fiduciary Advisors LLC now owns 3,104 shares of the basic materials company's stock valued at $237,000 after buying an additional 504 shares in the last quarter. Finally, AlTi Global Inc. grew its holdings in shares of DuPont de Nemours by 8.3% during the fourth quarter. AlTi Global Inc. now owns 8,173 shares of the basic materials company's stock valued at $625,000 after buying an additional 627 shares in the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DD has been the topic of a number of research analyst reports. Mizuho lifted their price target on DuPont de Nemours from $80.00 to $85.00 and gave the company an "outperform" rating in a report on Tuesday, July 15th. Citigroup boosted 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 boosted 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 boosted 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. Finally, UBS Group boosted their target price on DuPont de Nemours from $87.00 to $89.00 and gave the company a "buy" rating in a research note on Monday, July 21st. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $88.25.

DuPont de Nemours Stock Up 1.4%

DD stock traded up $1.02 during trading hours on Thursday, hitting $76.59. The company's stock had a trading volume of 2,084,869 shares, compared to its average volume of 2,904,496. 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 $32.07 billion, a PE ratio of -162.87, a price-to-earnings-growth ratio of 1.92 and a beta of 1.07. DuPont de Nemours, Inc. has a 12 month low of $53.77 and a 12 month high of $90.06. The stock has a 50 day moving average price of $73.95 and a two-hundred day moving average price of $71.33.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted its earnings results on Tuesday, August 5th. The basic materials company reported $1.12 EPS for the quarter, topping the consensus estimate of $1.06 by $0.06. The company had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.23 billion. DuPont de Nemours had a negative net margin of 1.54% and a positive return on equity of 7.85%. The company's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $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, equities research 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 declared a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, August 29th. DuPont de Nemours's dividend 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.