Premier Path Wealth Partners LLC Reduces Stock Position in DuPont de Nemours, Inc. $DD

Key Points

• Premier Path Wealth Partners cut its DuPont de Nemours stake by 75% in the second quarter, selling 13,492 shares and retaining 4,501 shares valued at approximately $611,000.
• Institutional ownership remains high at 73.96%, with several firms—including Swiss Life Asset Management and Independent Advisor Alliance—substantially increasing their positions.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $166.60. DuPont also exceeded quarterly EPS estimates, while its $0.60 quarterly dividend implies a 1.8% yield.

Premier Path Wealth Partners LLC trimmed its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 75.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,501 shares of the basic materials company's stock after selling 13,492 shares during the period. Premier Path Wealth Partners LLC's holdings in DuPont de Nemours were worth $611,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of DD. Swiss Life Asset Management Ltd boosted its position in shares of DuPont de Nemours by 1,519.9% in the 4th quarter. Swiss Life Asset Management Ltd now owns 1,022,145 shares of the basic materials company's stock worth $41,090,000 after buying an additional 959,047 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in DuPont de Nemours by 21.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,119,613 shares of the basic materials company's stock valued at $45,008,000 after acquiring an additional 200,550 shares in the last quarter. Ancora Advisors LLC purchased a new position in DuPont de Nemours during the 2nd quarter valued at about $8,317,000. Independent Advisor Alliance raised its position in DuPont de Nemours by 517.8% during the fourth quarter. Independent Advisor Alliance now owns 42,052 shares of the basic materials company's stock worth $1,691,000 after acquiring an additional 35,245 shares during the last quarter. Finally, Cullen Capital Management LLC acquired a new position in DuPont de Nemours during the second quarter worth about $2,081,000. Hedge funds and other institutional investors own 73.96% of the company's stock.

Analyst Ratings Changes

Several analysts have recently commented on DD shares. UBS Group increased their price target on shares of DuPont de Nemours from $175.00 to $178.00 and gave the company a "buy" rating in a research report on Wednesday, August 5th. Citigroup lifted their price objective 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. Royal Bank Of Canada reduced their target price on DuPont de Nemours from $180.00 to $176.00 and set an "outperform" rating on the stock in a research note on Friday, August 7th. Weiss Ratings reiterated a "sell (d+)" rating on shares of DuPont de Nemours in a report on Monday, August 3rd. Finally, JPMorgan Chase & Co. increased their target price on DuPont de Nemours from $171.00 to $172.00 and gave the company an "overweight" rating in a report on Monday, August 10th. Twelve analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, DuPont de Nemours has a consensus rating of "Moderate Buy" and an average target price of $166.60.

DuPont de Nemours Price Performance

DuPont de Nemours stock opened at $132.04 on Friday. DuPont de Nemours, Inc. has a 12-month low of $92.49 and a 12-month high of $157.98. The stock has a market capitalization of $17.83 billion, a P/E ratio of 293.48, a P/E/G ratio of 1.20 and a beta of 1.06. The firm's 50-day moving average is $138.41 and its two-hundred day moving average is $140.71. 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 (NYSE:DD - Get Free Report) last issued 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 during the quarter, compared to the consensus estimate of $1.81 billion. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. The company's quarterly revenue was up 4.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.12 earnings per share. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. Equities analysts predict 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 announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Monday, August 31st. DuPont de Nemours's 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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