TD Waterhouse Canada Inc. Has $1.67 Million Holdings in DuPont de Nemours, Inc. $DD

Key Points

• TD Waterhouse Canada cut its DuPont stake by 87.2% in the second quarter, selling 82,085 shares and retaining 12,072 shares valued at approximately $1.67 million. Institutional investors collectively own 73.96% of DuPont.
• DuPont reported quarterly earnings of $1.88 per share, exceeding estimates of $1.76, while revenue rose 4% year over year to $1.82 billion. The company issued third-quarter EPS guidance of $1.80–$1.90.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $166.60 versus the stock’s $131.46 opening price. DuPont declared a quarterly dividend of $0.60 per share, implying a 1.8% annual yield.

TD Waterhouse Canada Inc. trimmed its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 87.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,072 shares of the basic materials company's stock after selling 82,085 shares during the period. TD Waterhouse Canada Inc.'s holdings in DuPont de Nemours were worth $1,672,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. State Street Corp raised its position in DuPont de Nemours by 1.2% in the 4th quarter. State Street Corp now owns 18,412,070 shares of the basic materials company's stock worth $740,165,000 after purchasing an additional 215,928 shares during the last quarter. Auto Owners Insurance Co boosted its position in 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 buying an additional 17,151,278 shares during the last quarter. Invesco Ltd. increased its stake in shares of DuPont de Nemours by 64.4% in the 4th quarter. Invesco Ltd. now owns 14,514,600 shares of the basic materials company's stock valued at $583,487,000 after buying an additional 5,686,490 shares during the period. Geode Capital Management LLC increased 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 buying an additional 74,355 shares during the period. Finally, Nuveen LLC raised its position in shares of DuPont de Nemours by 18.9% during the fourth quarter. Nuveen LLC now owns 10,662,674 shares of the basic materials company's stock worth $428,639,000 after acquiring an additional 1,695,097 shares during the last quarter. 73.96% of the stock is owned by institutional investors.

DuPont de Nemours Trading Down 0.1%

NYSE DD opened at $131.46 on Wednesday. The stock has a 50-day simple moving average of $138.26 and a 200 day simple moving average of $140.34. The company has a market capitalization of $17.75 billion, a PE ratio of 292.20, a P/E/G ratio of 1.20 and a beta of 1.06. The company has a current ratio of 2.43, a quick ratio of 1.82 and a debt-to-equity ratio of 0.23. DuPont de Nemours, Inc. has a 12 month low of $92.49 and a 12 month 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 the consensus estimate of $1.76 by $0.12. The firm had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.81 billion. DuPont de Nemours had a return on equity of 6.92% and a net margin of 0.67%.The company's quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.12 earnings per share. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. Research analysts forecast that DuPont de Nemours, Inc. will post 7.27 EPS for the current year.

DuPont de Nemours Cuts Dividend

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

Wall Street Analyst Weigh In

Several research firms recently issued reports on DD. Zacks Research cut DuPont de Nemours from a "strong-buy" rating to a "hold" rating in a report on Friday, July 17th. UBS Group boosted their price objective on DuPont de Nemours from $175.00 to $178.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. 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 research report on Thursday, July 2nd. JPMorgan Chase & Co. lifted their price target on shares of DuPont de Nemours from $171.00 to $172.00 and gave the stock an "overweight" rating in a research report on Monday, August 10th. Finally, Royal Bank Of Canada dropped their price target on shares of DuPont de Nemours from $180.00 to $176.00 and set an "outperform" rating for the company in a research note on Friday, August 7th. Twelve investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $166.60.

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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