Robeco Institutional Asset Management B.V. Acquires 137,070 Shares of DuPont de Nemours, Inc. $DD

Key Points

• Robeco Institutional Asset Management increased its DuPont de Nemours stake by 16.4% in the third quarter, purchasing 137,070 shares to hold 971,901 shares worth approximately $124.4 million. Institutional investors collectively own 73.96% of the company.
• Analysts maintain a generally positive view, with DuPont carrying a “Moderate Buy” consensus rating and an average price target of $162. Several firms recently lowered their targets, including Citigroup, Goldman Sachs, and RBC.
• DuPont exceeded quarterly earnings expectations, reporting $1.88 in EPS versus the $1.76 consensus and $1.82 billion in revenue. The company also declared a quarterly dividend of $0.60 per share, representing a 1.8% yield.

Robeco Institutional Asset Management B.V. raised its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 16.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 971,901 shares of the basic materials company's stock after buying an additional 137,070 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.72% of DuPont de Nemours worth $124,360,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. State Street Corp boosted its position in DuPont de Nemours by 140.3% during the 2nd quarter. State Street Corp now owns 44,941,824 shares of the basic materials company's stock worth $6,095,909,000 after purchasing an additional 26,238,300 shares during the period. Groupe la Francaise acquired a new stake in DuPont de Nemours in the 2nd quarter valued at $1,394,000. Ancora Advisors LLC acquired a new stake in DuPont de Nemours in the 2nd quarter valued at $8,317,000. Boussard & Gavaudan Gestion Sas purchased a new position in DuPont de Nemours in the second quarter valued at about $4,912,000. Finally, Cullen Capital Management LLC purchased a new position in DuPont de Nemours in the second quarter valued at about $2,081,000. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on DD. Citigroup reduced their price objective on DuPont de Nemours from $170.00 to $162.00 and set a "buy" rating on the stock in a research note on Wednesday, October 7th. Weiss Ratings reiterated a "sell (d+)" rating on shares of DuPont de Nemours in a research note on Monday, August 3rd. The Goldman Sachs Group dropped their target price on DuPont de Nemours from $159.00 to $153.00 and set a "neutral" rating on the stock in a report on Wednesday, September 30th. Zacks Research lowered DuPont de Nemours from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 17th. Finally, Royal Bank Of Canada reduced their price target on DuPont de Nemours from $176.00 to $160.00 and set an "outperform" rating on the stock in a research report on Thursday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $162.00.

DuPont de Nemours Stock Performance

DuPont de Nemours stock opened at $134.11 on Thursday. DuPont de Nemours, Inc. has a 12-month low of $99.20 and a 12-month high of $157.98. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.43 and a quick ratio of 1.82. The company has a market capitalization of $18.11 billion, a price-to-earnings ratio of 298.08, a price-to-earnings-growth ratio of 1.23 and a beta of 1.05. The firm's fifty day moving average price is $132.62 and its 200 day moving average price is $138.13.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted its quarterly earnings data 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. The company had revenue of $1.82 billion during the quarter, compared to analysts' expectations of $1.81 billion. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. The firm's revenue for the quarter was up 4.0% on a year-over-year basis. During the same period in the prior year, the company posted $1.12 EPS. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. On average, research analysts forecast that DuPont de Nemours, Inc. will post 7.25 EPS for the current fiscal year.

DuPont de Nemours Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Monday, November 30th. DuPont de Nemours's dividend payout ratio (DPR) is 533.33%.

DuPont de Nemours Company Profile

DuPont de Nemours, Inc is a diversified science and technology company that develops engineered materials and specialty products for industrial and consumer markets. Its offerings are used in applications including electronics, semiconductor manufacturing, water purification, transportation, construction, healthcare, and worker and consumer protection.

The company's product portfolio has historically included high-performance films, resins, adhesives, engineered polymers, specialty fibers, protective materials, water-treatment membranes, and filtration technologies.

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