Short Interest in DuPont de Nemours, Inc. (NYSE:DD) Declines By 41.1%

DuPont de Nemours, Inc. (NYSE:DD) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 8,980,282 shares, a drop of 41.1% from the December 15th total of 15,244,305 shares. Currently, 2.2% of the company’s shares are sold short. Based on an average daily volume of 5,009,578 shares, the days-to-cover ratio is presently 1.8 days. Based on an average daily volume of 5,009,578 shares, the days-to-cover ratio is presently 1.8 days. Currently, 2.2% of the company’s shares are sold short.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on DD shares. Citigroup upped their price objective on shares of DuPont de Nemours from $38.90 to $47.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Mizuho lifted their target price on DuPont de Nemours from $44.00 to $46.00 and gave the stock an “outperform” rating in a report on Thursday, December 18th. BMO Capital Markets lowered their price target on DuPont de Nemours from $104.00 to $50.00 and set an “outperform” rating on the stock in a report on Monday, November 3rd. Deutsche Bank Aktiengesellschaft dropped their price target on shares of DuPont de Nemours from $90.00 to $46.00 and set a “buy” rating for the company in a research report on Tuesday, November 25th. Finally, Wall Street Zen upgraded shares of DuPont de Nemours to a “hold” rating in a research note on Saturday, January 10th. Ten investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $44.61.

Insider Activity

In other news, SVP Erik T. Hoover sold 6,005 shares of the business’s stock in a transaction dated Friday, November 28th. The stock was sold at an average price of $39.79, for a total value of $238,938.95. Following the completion of the sale, the senior vice president owned 112,101 shares of the company’s stock, valued at approximately $4,460,498.79. The trade was a 5.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Lori Koch sold 9,011 shares of the firm’s stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $39.46, for a total value of $355,574.06. Following the transaction, the chief executive officer owned 288,326 shares in the company, valued at approximately $11,377,343.96. The trade was a 3.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.61% of the company’s stock.

Hedge Funds Weigh In On DuPont de Nemours

Several hedge funds have recently modified their holdings of DD. Polianta Ltd acquired a new position in DuPont de Nemours during the fourth quarter valued at $1,503,000. MOR Wealth Management LLC purchased a new position in shares of DuPont de Nemours during the 4th quarter valued at about $295,000. Clarius Group LLC lifted its holdings in shares of DuPont de Nemours by 12.5% in the 4th quarter. Clarius Group LLC now owns 6,273 shares of the basic materials company’s stock valued at $252,000 after buying an additional 698 shares during the period. Exchange Traded Concepts LLC boosted its stake in shares of DuPont de Nemours by 48.4% in the fourth quarter. Exchange Traded Concepts LLC now owns 1,451 shares of the basic materials company’s stock worth $58,000 after buying an additional 473 shares during the last quarter. Finally, Pallas Capital Advisors LLC grew its holdings in DuPont de Nemours by 15.3% during the fourth quarter. Pallas Capital Advisors LLC now owns 13,766 shares of the basic materials company’s stock worth $553,000 after acquiring an additional 1,825 shares during the period. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Stock Up 1.8%

NYSE DD traded up $0.77 during midday trading on Thursday, hitting $43.66. 1,217,597 shares of the company traded hands, compared to its average volume of 4,941,059. The company has a market cap of $18.29 billion, a PE ratio of -23.73, a price-to-earnings-growth ratio of 3.25 and a beta of 1.08. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.00 and a quick ratio of 1.63. DuPont de Nemours has a 52 week low of $22.50 and a 52 week high of $44.17. The company’s 50-day simple moving average is $40.59 and its 200-day simple moving average is $35.03.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings data on Thursday, November 6th. The basic materials company reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.05. DuPont de Nemours had a negative net margin of 6.17% and a positive return on equity of 7.81%. The firm had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $3.12 billion. During the same quarter in the previous year, the firm earned $1.18 EPS. The company’s quarterly revenue was down 2.9% compared to the same quarter last year. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. As a group, equities research analysts forecast that DuPont de Nemours will post 4.38 earnings per share for the current year.

DuPont de Nemours Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Friday, November 28th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Friday, November 28th. DuPont de Nemours’s dividend payout ratio is currently -43.48%.

DuPont de Nemours announced that its board has approved a share repurchase plan on Thursday, November 6th that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the basic materials company to purchase up to 12.2% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its stock is undervalued.

DuPont de Nemours Company 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.