Squarepoint Ops LLC Lowers Holdings in DuPont de Nemours, Inc. $DD

Key Points

• Squarepoint Ops LLC cut its DuPont de Nemours stake by 98.5% in the second quarter, selling 429,624 shares and retaining 6,498 shares valued at approximately $881,000.
• Institutional investors own 73.96% of DuPont, while analyst sentiment remains broadly positive: 12 analysts rate the stock Buy, four Hold, and one Sell, resulting in a consensus “Moderate Buy” rating and a $166.60 target price.
• DuPont exceeded quarterly earnings expectations with $1.88 EPS and $1.82 billion in revenue, but its annualized $2.40 dividend implies a low 1.9% yield and an elevated 533.33% payout ratio.

Squarepoint Ops LLC trimmed its stake in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 98.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,498 shares of the basic materials company's stock after selling 429,624 shares during the quarter. Squarepoint Ops LLC's holdings in DuPont de Nemours were worth $881,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of DD. Basepoint Wealth LLC bought a new position in DuPont de Nemours in the 4th quarter worth about $28,000. Nalls Sherbakoff Group LLC bought a new stake in DuPont de Nemours during the 4th quarter valued at about $29,000. Elevation Wealth Partners LLC increased its stake in DuPont de Nemours by 168.5% during the 2nd quarter. Elevation Wealth Partners LLC now owns 239 shares of the basic materials company's stock valued at $32,000 after purchasing an additional 150 shares in the last quarter. Commonwealth Retirement Investments LLC purchased a new position in DuPont de Nemours in the fourth quarter worth about $33,000. Finally, Hilton Head Capital Partners LLC purchased a new position in DuPont de Nemours in the fourth quarter worth about $59,000. 73.96% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on DD. JPMorgan Chase & Co. increased their price target on shares of DuPont de Nemours from $171.00 to $172.00 and gave the company an "overweight" rating in a report on Monday, August 10th. Zacks Research lowered shares of DuPont de Nemours from a "strong-buy" rating to a "hold" rating in a report on Friday, July 17th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of DuPont de Nemours in a research report on Monday, August 3rd. The Goldman Sachs Group increased their target price on DuPont de Nemours from $53.00 to $159.00 and gave the company a "neutral" rating in a research note on Thursday, June 25th. Finally, Royal Bank Of Canada reduced their target price on DuPont de Nemours from $180.00 to $176.00 and set an "outperform" rating for the company in a report on Friday, August 7th. Twelve research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $166.60.

DuPont de Nemours Stock Performance

Shares of DD stock opened at $129.08 on Friday. The company has a quick ratio of 1.82, a current ratio of 2.43 and a debt-to-equity ratio of 0.23. The company has a 50 day moving average price of $136.54 and a 200-day moving average price of $139.09. DuPont de Nemours, Inc. has a 52 week low of $92.49 and a 52 week high of $157.98. The firm has a market capitalization of $17.43 billion, a PE ratio of 286.89, a P/E/G ratio of 1.17 and a beta of 1.06.

DuPont de Nemours (NYSE:DD - Get Free Report) last issued 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. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. The company had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the prior year, the firm earned $1.12 earnings per share. The firm's revenue for the quarter 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. As a group, equities research analysts expect that DuPont de Nemours, Inc. will post 7.27 earnings per share for the current year.

DuPont de Nemours Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Monday, August 31st. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. DuPont de Nemours's payout ratio is presently 533.33%.

DuPont de Nemours Company 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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