National Pension Service Increases Position in DuPont de Nemours, Inc. $DD

Key Points

• The National Pension Service has increased its stake in DuPont de Nemours, Inc. by 2.8% to own 586,407 shares, worth approximately $43.79 million.
• Investment analysts have raised their price targets for DuPont, with JPMorgan Chase elevating it from $78 to $93, indicating an overall favorable market sentiment with an average rating of "Moderate Buy".
• DuPont recently reported a quarterly earnings per share (EPS) of $1.12, surpassing estimates and demonstrating a 2.7% increase in revenue year-over-year.

National Pension Service grew its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 2.8% in the first quarter, according to its most recent filing with the SEC. The fund owned 586,407 shares of the basic materials company's stock after acquiring an additional 15,826 shares during the period. National Pension Service owned 0.14% of DuPont de Nemours worth $43,793,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of the stock. Vanguard Group Inc. raised its position in DuPont de Nemours by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 46,894,623 shares of the basic materials company's stock worth $3,502,090,000 after purchasing an additional 298,408 shares during the last quarter. Nuveen LLC acquired a new stake in shares of DuPont de Nemours in the 1st quarter valued at about $531,037,000. Northern Trust Corp grew its stake in shares of DuPont de Nemours by 16.3% in the 4th quarter. Northern Trust Corp now owns 4,931,816 shares of the basic materials company's stock valued at $376,051,000 after buying an additional 690,218 shares during the period. Price T Rowe Associates Inc. MD lifted its position in DuPont de Nemours by 10.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,413,443 shares of the basic materials company's stock valued at $260,276,000 after acquiring an additional 336,000 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in DuPont de Nemours by 1.1% in the 1st quarter. Bank of New York Mellon Corp now owns 3,347,098 shares of the basic materials company's stock valued at $249,961,000 after acquiring an additional 37,327 shares in the last quarter. 73.96% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on DD. Mizuho lifted their target price on shares of DuPont de Nemours from $80.00 to $85.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 15th. Barclays lowered their price target on shares of DuPont de Nemours from $89.00 to $73.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 29th. Morgan Stanley lowered their price target on shares of DuPont de Nemours from $94.00 to $80.00 and set an "equal weight" rating on the stock in a report on Monday, May 5th. Royal Bank Of Canada lifted their price target on shares of DuPont de Nemours from $93.00 to $94.00 and gave the stock an "outperform" rating in a report on Friday, August 8th. Finally, KeyCorp lifted their price target on shares of DuPont de Nemours from $87.00 to $92.00 and gave the stock an "overweight" rating in a report on Wednesday, August 6th. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $88.25.

DuPont de Nemours Stock Performance

DD stock traded up $0.7810 during midday trading on Wednesday, reaching $74.5610. 1,732,387 shares of the company's stock traded hands, compared to its average volume of 2,937,420. The company has a 50-day moving average price of $71.97 and a two-hundred day moving average price of $71.47. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 1.41. DuPont de Nemours, Inc. has a 52 week low of $53.77 and a 52 week high of $90.06. The firm has a market capitalization of $31.22 billion, a PE ratio of -158.54, a price-to-earnings-growth ratio of 1.82 and a beta of 1.06.

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 EPS for the quarter, beating analysts' consensus estimates of $1.06 by $0.06. The firm had revenue of $3.26 billion during the quarter, compared to analyst estimates 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 business's revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the previous year, the business earned $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, equities analysts anticipate 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. Stockholders of record on Friday, August 29th will be issued a $0.41 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $1.64 annualized dividend and a dividend yield of 2.2%. DuPont de Nemours's dividend payout ratio is presently -348.94%.

DuPont de Nemours 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.