Integrated Wealth Concepts LLC Sells 13,713 Shares of DuPont de Nemours, Inc. $DD

Key Points

• Integrated Wealth Concepts LLC cut its DuPont de Nemours stake by 65.3% in the second quarter, selling 13,713 shares and retaining 7,280 shares valued at approximately $987,000. Institutional investors overall own 73.96% of the company.
• Analysts maintain a generally positive outlook, with 12 Buy ratings, four Holds, and one Sell; the stock has a consensus rating of Moderate Buy and an average price target of $166.60.
• DuPont reported quarterly EPS of $1.88, beating expectations of $1.76, while revenue rose 4% year over year to $1.82 billion. Shares opened at $129.08, below their 12-month high of $157.98.

Integrated Wealth Concepts LLC decreased its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 65.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,280 shares of the basic materials company's stock after selling 13,713 shares during the period. Integrated Wealth Concepts LLC's holdings in DuPont de Nemours were worth $987,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in DD. Geode Capital Management LLC increased its position in shares of DuPont de Nemours by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 11,019,892 shares of the basic materials company's stock worth $441,285,000 after purchasing an additional 74,355 shares during the last quarter. Bank of America Corp DE increased its stake in DuPont de Nemours by 22.0% in the first quarter. Bank of America Corp DE now owns 4,629,671 shares of the basic materials company's stock valued at $212,039,000 after acquiring an additional 835,572 shares during the last quarter. Bank of New York Mellon Corp raised its position in 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 purchasing an additional 336,780 shares in the last quarter. Dimensional Fund Advisors LP raised its position in 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 purchasing an additional 163,210 shares in the last quarter. Finally, Eurizon Capital SGR S.p.A. bought a new stake in DuPont de Nemours during the fourth quarter worth about $130,394,000. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Citigroup raised their price objective on DuPont de Nemours from $168.00 to $170.00 and gave the company a "buy" rating in a report on Thursday, July 2nd. Royal Bank Of Canada cut their target price on DuPont de Nemours from $180.00 to $176.00 and set an "outperform" rating for the company in a research note on Friday, August 7th. The Goldman Sachs Group increased their price target on shares of DuPont de Nemours from $53.00 to $159.00 and gave the company a "neutral" rating in a research report on Thursday, June 25th. Weiss Ratings restated a "sell (d+)" rating on shares of DuPont de Nemours in a report on Monday, August 3rd. Finally, JPMorgan Chase & Co. upped their price objective on shares of DuPont de Nemours from $171.00 to $172.00 and gave the company an "overweight" rating in a research note on Monday, August 10th. Twelve investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $166.60.

DuPont de Nemours Stock Performance

Shares of NYSE:DD opened at $129.08 on Friday. The company has a current ratio of 2.43, a quick ratio of 1.82 and a debt-to-equity ratio of 0.23. The company has a 50-day moving average price of $136.54 and a 200-day moving average price of $139.09. The company has a market cap of $17.43 billion, a price-to-earnings ratio of 286.89, a price-to-earnings-growth ratio of 1.17 and a beta of 1.06. DuPont de Nemours, Inc. has a 12 month low of $92.49 and a 12 month high of $157.98.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted its earnings results on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.12. DuPont de Nemours had a return on equity of 6.92% and a net margin of 0.67%.The company had revenue of $1.82 billion for the quarter, compared to analysts' expectations of $1.81 billion. During the same period last year, the firm earned $1.12 earnings per share. DuPont de Nemours's quarterly revenue was up 4.0% on a year-over-year basis. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. As a group, equities analysts anticipate that DuPont de Nemours, Inc. will post 7.27 EPS for the current year.

DuPont de Nemours Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Monday, August 31st were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Monday, August 31st. DuPont de Nemours's dividend payout ratio is currently 533.33%.

DuPont de Nemours Company Profile

DuPont de Nemours, Inc is a global materials science company headquartered in Wilmington, Delaware. The company develops engineered materials and specialty products used in electronics, transportation, construction, healthcare, water treatment, and industrial applications.

Its offerings include semiconductor and advanced packaging materials, engineering polymers, specialty resins, water purification and separation technologies, and protective materials and solutions. DuPont's products are sold to manufacturers, industrial customers, and other businesses across North America, Europe, Asia-Pacific, and other international markets.

The company was formed in 2019 following the separation of DowDuPont into independent companies, including DuPont, Dow, and Corteva.

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