DuPont de Nemours, Inc. $DD Shares Sold by Trexquant Investment LP

Key Points

• Trexquant Investment LP has reduced its stake in DuPont de Nemours, Inc. by 44.0%, now holding 194,671 shares valued at approximately $14.54 million.
• The company's recent earnings report showed a Q2 EPS of $1.12, surpassing the expected $1.06, with revenues increasing by 2.7% year-over-year.
• DuPont has announced a quarterly dividend of $0.41 per share, representing an annualized yield of 2.1%.

Trexquant Investment LP lowered its stake in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 44.0% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 194,671 shares of the basic materials company's stock after selling 153,063 shares during the quarter. Trexquant Investment LP's holdings in DuPont de Nemours were worth $14,538,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in DD. Summit Financial LLC boosted its position in shares of DuPont de Nemours by 3.7% during the first quarter. Summit Financial LLC now owns 4,077 shares of the basic materials company's stock worth $304,000 after buying an additional 146 shares during the period. Ballast Inc. raised its holdings in DuPont de Nemours by 0.9% in the 1st quarter. Ballast Inc. now owns 17,754 shares of the basic materials company's stock valued at $1,326,000 after acquiring an additional 159 shares during the period. GHP Investment Advisors Inc. boosted its position in shares of DuPont de Nemours by 16.9% in the first quarter. GHP Investment Advisors Inc. now owns 1,173 shares of the basic materials company's stock valued at $88,000 after acquiring an additional 170 shares during the period. Moody National Bank Trust Division increased its holdings in shares of DuPont de Nemours by 0.9% during the first quarter. Moody National Bank Trust Division now owns 19,286 shares of the basic materials company's stock worth $1,440,000 after purchasing an additional 171 shares during the period. Finally, HBK Sorce Advisory LLC raised its holdings in DuPont de Nemours by 3.6% in the 1st quarter. HBK Sorce Advisory LLC now owns 5,096 shares of the basic materials company's stock valued at $381,000 after acquiring an additional 176 shares in the last quarter. Institutional investors own 73.96% of the company's stock.

DuPont de Nemours Price Performance

Shares of DD traded down $0.21 during mid-day trading on Wednesday, reaching $75.58. The stock had a trading volume of 481,574 shares, compared to its average volume of 2,899,939. DuPont de Nemours, Inc. has a 12 month low of $53.77 and a 12 month high of $90.06. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 1.41. The firm has a market cap of $31.65 billion, a price-to-earnings ratio of -160.77, a PEG ratio of 1.92 and a beta of 1.07. The business has a fifty day moving average of $73.80 and a 200 day moving average of $71.30.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.06 by $0.06. The business had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.23 billion. DuPont de Nemours had a negative net margin of 1.54% and a positive return on equity of 7.85%. The company's revenue was up 2.7% on a year-over-year basis. During the same period last year, the firm posted $0.97 EPS. DuPont de Nemours has set its FY 2025 guidance at 4.400-4.400 EPS. Q3 2025 guidance at 1.150-1.150 EPS. Equities analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 29th will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Friday, August 29th. DuPont de Nemours's dividend payout ratio is currently -348.94%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. UBS Group boosted their target price on DuPont de Nemours from $87.00 to $89.00 and gave the stock a "buy" rating in a research note on Monday, July 21st. Wells Fargo & Company increased their target price on shares of DuPont de Nemours from $81.00 to $90.00 and gave the company an "overweight" rating in a research report on Monday, July 14th. Royal Bank Of Canada upped their target price on DuPont de Nemours from $93.00 to $94.00 and gave the company an "outperform" rating in a research report on Friday, August 8th. Citigroup upped their price objective on shares of DuPont de Nemours from $75.00 to $85.00 and gave the company a "buy" rating in a report on Thursday, July 3rd. Finally, JPMorgan Chase & Co. lifted their price target on shares of DuPont de Nemours from $78.00 to $93.00 and gave the company an "overweight" rating in a research report on Friday, May 16th. Nine equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $88.25.

DuPont de Nemours Profile

DuPont de Nemours, Inc provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.