Outfitters Financial LLC Trims Stake in DuPont de Nemours, Inc. $DD

Key Points

• Outfitters Financial LLC cut its DuPont stake by 66.6% in the second quarter, selling 20,644 shares and retaining 10,356 shares valued at approximately $1.4 million. Institutional investors collectively own 73.96% of the company.
• Analyst sentiment remains generally positive, with 12 Buy ratings, four Holds and one Sell. DuPont has a consensus “Moderate Buy” rating and an average price target of $166.60.
• 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. The company declared a quarterly dividend of $0.60 per share, implying a 1.8% yield.

Outfitters Financial LLC reduced its holdings in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 66.6% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,356 shares of the basic materials company's stock after selling 20,644 shares during the quarter. Outfitters Financial LLC's holdings in DuPont de Nemours were worth $1,405,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Continuum Advisory LLC purchased a new stake in DuPont de Nemours in the second quarter valued at approximately $64,000. Nykredit A S purchased a new position in DuPont de Nemours in the 2nd quarter worth approximately $5,657,000. Proficio Capital Partners LLC bought a new position in shares of DuPont de Nemours in the 2nd quarter worth $399,000. Boussard & Gavaudan Gestion Sas bought a new stake in shares of DuPont de Nemours during the 2nd quarter worth $4,912,000. Finally, Brooks Moore & Associates Inc. bought a new stake in shares of DuPont de Nemours during the 2nd quarter worth $480,000. Institutional investors own 73.96% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. raised their price target on DuPont de Nemours from $171.00 to $172.00 and gave the company an "overweight" rating in a research report on Monday, August 10th. Zacks Research cut DuPont de Nemours from a "strong-buy" rating to a "hold" rating in a report on Friday, July 17th. Weiss Ratings reissued a "sell (d+)" rating on shares of DuPont de Nemours in a report on Monday, August 3rd. Citigroup boosted their target price on DuPont de Nemours from $168.00 to $170.00 and gave the stock a "buy" rating in a research report on Thursday, July 2nd. Finally, UBS Group upped their target price on DuPont de Nemours from $175.00 to $178.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Twelve analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $166.60.

DuPont de Nemours Trading Up 0.7%

Shares of DD stock opened at $133.00 on Thursday. The business has a 50-day moving average of $138.62 and a 200 day moving average of $140.91. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.43 and a quick ratio of 1.82. DuPont de Nemours, Inc. has a 1-year low of $92.49 and a 1-year high of $157.98. The stock has a market capitalization of $17.96 billion, a PE ratio of 295.61, a P/E/G ratio of 1.20 and a beta of 1.06.

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

DuPont de Nemours Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $2.40 annualized dividend and a yield of 1.8%. DuPont de Nemours's dividend payout ratio is presently 533.33%.

DuPont de Nemours Profile

DuPont de Nemours NYSE: DD is a global science and engineering company that develops and supplies specialty materials, chemicals and industrial biosciences for a wide range of markets. Headquartered in Wilmington, Delaware, the company traces its origins to 1802 and has evolved through more than two centuries of innovation. In recent history DuPont participated in a major combination with Dow Chemical and subsequent reorganization that refocused the company on differentiated, specialty businesses built around science-based solutions.

DuPont's operations center on advanced materials and technologies used by manufacturers and OEMs in industries such as transportation, electronics, construction, industrial manufacturing and worker safety.

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