Mission Creek Capital Partners Inc. Sells 3,447 Shares of DuPont de Nemours, Inc. $DD

Key Points

• Mission Creek Capital Partners Inc. reduced its stake in DuPont de Nemours by 48.7%, owning 3,634 shares worth $271,000 at the end of the first quarter.
• Several institutional investors increased their positions in DuPont during the fourth quarter, with Schonfeld Strategic Advisors LLC boosting its stake by 154.4%.
• DuPont reported earnings of $1.12 per share for the recent quarter, exceeding expectations, and announced a quarterly dividend of $0.41 per share to be paid on September 15th.

Mission Creek Capital Partners Inc. lowered its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 48.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,634 shares of the basic materials company's stock after selling 3,447 shares during the quarter. Mission Creek Capital Partners Inc.'s holdings in DuPont de Nemours were worth $271,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Summit Financial LLC raised its position in shares of DuPont de Nemours by 3.7% during the first quarter. Summit Financial LLC now owns 4,077 shares of the basic materials company's stock worth $304,000 after purchasing an additional 146 shares during the period. Ballast Inc. raised its position in shares of DuPont de Nemours by 0.9% during the first quarter. Ballast Inc. now owns 17,754 shares of the basic materials company's stock worth $1,326,000 after purchasing an additional 159 shares during the period. GHP Investment Advisors Inc. raised its position in shares of DuPont de Nemours by 16.9% during the first quarter. GHP Investment Advisors Inc. now owns 1,173 shares of the basic materials company's stock worth $88,000 after purchasing an additional 170 shares during the period. Moody National Bank Trust Division raised its position in shares of DuPont de Nemours by 0.9% during the first quarter. Moody National Bank Trust Division now owns 19,286 shares of the basic materials company's stock worth $1,440,000 after purchasing an additional 171 shares during the period. Finally, HBK Sorce Advisory LLC raised its position in shares of DuPont de Nemours by 3.6% during the first quarter. HBK Sorce Advisory LLC now owns 5,096 shares of the basic materials company's stock worth $381,000 after purchasing an additional 176 shares during the period. Institutional investors and hedge funds own 73.96% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Mizuho lifted their target price on DuPont de Nemours from $80.00 to $85.00 and gave the company an "outperform" rating in a research report on Tuesday, July 15th. UBS Group lifted their target price on DuPont de Nemours from $87.00 to $89.00 and gave the company a "buy" rating in a research report on Monday, July 21st. Royal Bank Of Canada lifted their target price on DuPont de Nemours from $93.00 to $94.00 and gave the company an "outperform" rating in a research report on Friday, August 8th. JPMorgan Chase & Co. lifted their target price on DuPont de Nemours from $78.00 to $93.00 and gave the company an "overweight" rating in a research report on Friday, May 16th. Finally, Morgan Stanley dropped their target price on DuPont de Nemours from $94.00 to $80.00 and set an "equal weight" rating on the stock in a research report on Monday, May 5th. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $88.25.

DuPont de Nemours Stock Performance

DD traded down $1.14 during trading on Tuesday, hitting $75.78. The stock had a trading volume of 1,425,256 shares, compared to its average volume of 2,907,043. The company has a 50 day moving average price of $73.65 and a 200-day moving average price of $71.27. The firm has a market cap of $31.73 billion, a price-to-earnings ratio of -161.24, a P/E/G ratio of 1.92 and a beta of 1.07. DuPont de Nemours, Inc. has a one year low of $53.77 and a one year high of $90.06. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.41 and a quick ratio of 0.94.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.06. The business had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.23 billion. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%.The firm's quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.97 EPS. DuPont de Nemours has set its FY 2025 guidance at 4.400-4.400 EPS. Q3 2025 guidance at 1.150-1.150 EPS. As a group, research analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Announces Dividend

The company also recently declared 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 is Friday, August 29th. This represents a $1.64 annualized dividend and a yield of 2.2%. DuPont de Nemours's 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.