Jump Financial LLC Trims Position in DuPont de Nemours, Inc. $DD

Key Points

• Jump Financial LLC decreased its stake in DuPont de Nemours, Inc. by 87.1% in the first quarter, selling 23,059 shares and now holding 3,429 shares valued at approximately $256,000.
• Analysts have been optimistic about DuPont, with nine giving it a Buy rating and target prices raised, including forecasts from Royal Bank of Canada and Wells Fargo & Company to $94.00 and $90.00 respectively.
• DuPont announced a quarterly dividend of $0.41 per share with an annualized yield of 2.2%, despite a negative dividend payout ratio of -348.94% due to company performance.

Jump Financial LLC lowered its position in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 87.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,429 shares of the basic materials company's stock after selling 23,059 shares during the period. Jump Financial LLC's holdings in DuPont de Nemours were worth $256,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Vermillion Wealth Management Inc. acquired a new position in DuPont de Nemours in the 4th quarter valued at about $28,000. JNBA Financial Advisors increased its position in DuPont de Nemours by 132.5% in the 1st quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company's stock valued at $28,000 after acquiring an additional 216 shares during the period. Valley National Advisers Inc. increased its position in DuPont de Nemours by 145.0% during the 1st quarter. Valley National Advisers Inc. now owns 419 shares of the basic materials company's stock worth $31,000 after purchasing an additional 248 shares during the period. Pinney & Scofield Inc. acquired a new position in DuPont de Nemours during the 4th quarter worth approximately $36,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in DuPont de Nemours by 1,770.0% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 561 shares of the basic materials company's stock worth $42,000 after purchasing an additional 531 shares during the period. Institutional investors and hedge funds own 73.96% of the company's stock.

DuPont de Nemours Price Performance

DD stock traded up $0.62 on Friday, reaching $77.77. The company had a trading volume of 3,374,635 shares, compared to its average volume of 2,365,223. DuPont de Nemours, Inc. has a 1 year low of $53.77 and a 1 year high of $90.06. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 1.41. The company's fifty day moving average is $74.28 and its 200 day moving average is $71.16. The company has a market cap of $32.56 billion, a P/E ratio of -165.46, a PEG ratio of 1.94 and a beta of 1.07.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted 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 firm had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.23 billion. During the same quarter in the prior year, the company earned $0.97 EPS. DuPont de Nemours's revenue was up 2.7% on a year-over-year basis. 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, research analysts forecast that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be paid a $0.41 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $1.64 dividend on an annualized basis and a yield of 2.1%. DuPont de Nemours's dividend payout ratio is presently -348.94%.

Wall Street Analysts Forecast Growth

DD has been the topic of several recent analyst reports. Citigroup boosted their target price on DuPont de Nemours from $75.00 to $85.00 and gave the stock a "buy" rating in a research report on Thursday, July 3rd. UBS Group boosted their target price on DuPont de Nemours from $87.00 to $89.00 and gave the stock a "buy" rating in a research report on Monday, July 21st. KeyCorp boosted their target price on DuPont de Nemours from $87.00 to $92.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 6th. Royal Bank Of Canada boosted their price target on DuPont de Nemours from $93.00 to $94.00 and gave the stock an "outperform" rating in a research note on Friday, August 8th. Finally, Mizuho boosted their price target on DuPont de Nemours from $80.00 to $85.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 15th. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $88.25.

About DuPont de Nemours

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.