Nykredit A S Takes Position in DuPont de Nemours, Inc. $DD

Key Points

• Nykredit A/S purchased 36,203 DuPont shares worth approximately $4.9 million in the second quarter. Institutional investors and hedge funds collectively own 73.96% of the company.
• Analysts maintain a generally positive view, with a consensus rating of “Moderate Buy” and an average price target of $166.60; target prices range from $159 to $178 among recently updated firms.
• DuPont reported quarterly earnings of $1.88 per share, beating estimates of $1.76, while revenue rose 4% year over year to $1.82 billion. Shares opened at $129.77, and the company paid a quarterly dividend of $0.60, equivalent to a 1.8% annual yield.

Nykredit A S purchased a new position in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 36,203 shares of the basic materials company's stock, valued at approximately $4,911,000.

Other large investors have also recently bought and sold shares of the company. Auto Owners Insurance Co boosted its stake in shares of DuPont de Nemours by 4,275.8% in the 4th quarter. Auto Owners Insurance Co now owns 17,552,405 shares of the basic materials company's stock valued at $70,561,000 after purchasing an additional 17,151,278 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of DuPont de Nemours by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 11,019,892 shares of the basic materials company's stock valued at $441,285,000 after purchasing an additional 74,355 shares during the period. Bank of America Corp DE lifted its stake in DuPont de Nemours by 22.0% in the 1st 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 in the last quarter. Bank of New York Mellon Corp boosted its holdings 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 worth $169,762,000 after purchasing an additional 336,780 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of DuPont de Nemours by 4.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,509,831 shares of the basic materials company's stock valued at $160,688,000 after acquiring an additional 163,210 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company's stock.

Analyst Ratings Changes

Several research firms recently weighed in on DD. The Goldman Sachs Group raised their target price on shares of DuPont de Nemours from $53.00 to $159.00 and gave the company a "neutral" rating in a research note on Thursday, June 25th. Citigroup upped their target price on shares of DuPont de Nemours from $168.00 to $170.00 and gave the company a "buy" rating in a report on Thursday, July 2nd. UBS Group upped their price objective on DuPont de Nemours from $175.00 to $178.00 and gave the company a "buy" rating in a research note on Wednesday, August 5th. Royal Bank Of Canada decreased their target price on DuPont de Nemours from $180.00 to $176.00 and set an "outperform" rating on the stock in a report on Friday, August 7th. Finally, Zacks Research downgraded DuPont de Nemours from a "strong-buy" rating to a "hold" rating in a report 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. 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 Trading Up 0.6%

Shares of DD stock opened at $129.77 on Tuesday. 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 stock has a market cap of $17.52 billion, a P/E ratio of 288.44, a price-to-earnings-growth ratio of 1.18 and a beta of 1.06. The stock has a 50 day simple moving average of $136.48 and a 200 day simple moving average of $138.91. DuPont de Nemours, Inc. has a 1 year low of $92.49 and a 1 year high of $157.98.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its earnings results on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share for the quarter, beating analysts' consensus estimates 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 firm had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the prior year, the company posted $1.12 EPS. The company's revenue was up 4.0% compared to the same quarter last year. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. On average, research analysts predict that DuPont de Nemours, Inc. will post 7.27 earnings per share for the current fiscal year.

DuPont de Nemours Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were given a $0.60 dividend. The ex-dividend date was 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 (DPR) is currently 533.33%.

DuPont de Nemours 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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