IFP Advisors Inc Purchases 26,882 Shares of DuPont de Nemours, Inc. $DD

Key Points

• IFP Advisors increased its DuPont de Nemours stake by 28.2% in the second quarter, buying 26,882 additional shares for a total of 122,209 shares valued at approximately $16.6 million. Institutional investors collectively own 73.96% of DD.
• DuPont reported quarterly EPS of $1.88, beating estimates of $1.76, while revenue rose 4% year over year to $1.82 billion. The company issued third-quarter EPS guidance of $1.80–$1.90.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $166.60, compared with a share price of $131.46. DuPont declared a quarterly dividend of $0.60 per share, implying a 1.8% yield, though its payout ratio is elevated at 533.33%.

IFP Advisors Inc boosted its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 28.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 122,209 shares of the basic materials company's stock after purchasing an additional 26,882 shares during the quarter. IFP Advisors Inc owned approximately 0.09% of DuPont de Nemours worth $16,576,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. grew its holdings in DuPont de Nemours by 21.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,119,613 shares of the basic materials company's stock worth $45,008,000 after purchasing an additional 200,550 shares during the period. Ancora Advisors LLC purchased a new position in shares of DuPont de Nemours during the second quarter valued at approximately $8,317,000. Cullen Capital Management LLC bought a new stake in shares of DuPont de Nemours in the 2nd quarter worth approximately $2,081,000. Independent Advisor Alliance boosted its position in shares of DuPont de Nemours by 517.8% in the 4th quarter. Independent Advisor Alliance now owns 42,052 shares of the basic materials company's stock worth $1,691,000 after purchasing an additional 35,245 shares in the last quarter. Finally, Boussard & Gavaudan Gestion Sas purchased a new stake in shares of DuPont de Nemours in the 2nd quarter worth approximately $4,912,000. Hedge funds and other institutional investors own 73.96% of the company's stock.

DuPont de Nemours Price Performance

NYSE DD opened at $131.46 on Wednesday. DuPont de Nemours, Inc. has a one year low of $92.49 and a one year high of $157.98. The stock has a 50-day moving average of $138.26 and a 200 day moving average of $140.34. The company has a market capitalization of $17.75 billion, a price-to-earnings ratio of 292.20, a PEG ratio of 1.20 and a beta of 1.06. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.82 and a current ratio of 2.43.

DuPont de Nemours (NYSE:DD - Get Free Report) last issued its earnings results on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share 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 analyst estimates of $1.81 billion. DuPont de Nemours had a return on equity of 6.92% and a net margin of 0.67%.DuPont de Nemours's revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.12 EPS. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. On average, sell-side analysts forecast that DuPont de Nemours, Inc. will post 7.27 EPS for the current year.

DuPont de Nemours Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a dividend of $0.60 per share. The ex-dividend date is Monday, August 31st. This represents a $2.40 dividend on an annualized basis and a yield of 1.8%. DuPont de Nemours's dividend payout ratio is 533.33%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on DD shares. UBS Group raised their price objective on DuPont de Nemours from $175.00 to $178.00 and gave the company a "buy" rating in a research report on Wednesday, August 5th. Citigroup increased their target price on DuPont de Nemours from $168.00 to $170.00 and gave the stock a "buy" rating in a research note on Thursday, July 2nd. Royal Bank Of Canada reduced their price target on DuPont de Nemours from $180.00 to $176.00 and set an "outperform" rating for the company in a report on Friday, August 7th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of DuPont de Nemours in a research report on Monday, August 3rd. Finally, Zacks Research cut shares of DuPont de Nemours from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 17th. Twelve investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $166.60.

About DuPont de Nemours

DuPont de Nemours NYSE: DD is a global science and engineering company that develops and supplies specialty materials, chemicals and industrial biosciences for a wide range of markets. Headquartered in Wilmington, Delaware, the company traces its origins to 1802 and has evolved through more than two centuries of innovation. In recent history DuPont participated in a major combination with Dow Chemical and subsequent reorganization that refocused the company on differentiated, specialty businesses built around science-based solutions.

DuPont's operations center on advanced materials and technologies used by manufacturers and OEMs in industries such as transportation, electronics, construction, industrial manufacturing and worker safety.

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