Handelsbanken Fonder AB Sells 48,575 Shares of DuPont de Nemours, Inc. $DD

Handelsbanken Fonder AB reduced its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 20.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 190,550 shares of the basic materials company’s stock after selling 48,575 shares during the quarter. Handelsbanken Fonder AB’s holdings in DuPont de Nemours were worth $7,660,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of DD. Oppenheimer & Co. Inc. lifted its stake in DuPont de Nemours by 39.2% in the third quarter. Oppenheimer & Co. Inc. now owns 104,565 shares of the basic materials company’s stock worth $8,146,000 after acquiring an additional 29,473 shares during the period. Xponance Inc. grew its holdings in DuPont de Nemours by 113.6% during the 3rd quarter. Xponance Inc. now owns 134,797 shares of the basic materials company’s stock worth $10,501,000 after acquiring an additional 71,695 shares in the last quarter. Citigroup Inc. increased its position in DuPont de Nemours by 20.2% during the 3rd quarter. Citigroup Inc. now owns 572,650 shares of the basic materials company’s stock valued at $44,609,000 after purchasing an additional 96,062 shares during the period. Bank of New York Mellon Corp increased its position in DuPont de Nemours by 0.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,169,908 shares of the basic materials company’s stock valued at $246,936,000 after purchasing an additional 29,543 shares during the period. Finally, Lighthouse Investment Partners LLC raised its holdings in shares of DuPont de Nemours by 94.3% in the 3rd quarter. Lighthouse Investment Partners LLC now owns 59,449 shares of the basic materials company’s stock valued at $4,631,000 after purchasing an additional 28,860 shares in the last quarter. 73.96% of the stock is owned by institutional investors.

DuPont de Nemours Stock Up 2.1%

NYSE:DD opened at $48.15 on Friday. The company’s 50-day simple moving average is $46.69 and its 200-day simple moving average is $44.46. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.11 and a current ratio of 2.68. DuPont de Nemours, Inc. has a fifty-two week low of $27.16 and a fifty-two week high of $52.66. The stock has a market capitalization of $19.74 billion, a P/E ratio of -802.42, a P/E/G ratio of 1.33 and a beta of 1.02.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.48 by $0.07. DuPont de Nemours had a negative net margin of 0.30% and a positive return on equity of 7.15%. The firm had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.67 billion. During the same quarter in the previous year, the business posted $1.03 EPS. DuPont de Nemours’s revenue was up 4.3% on a year-over-year basis. DuPont de Nemours has set its Q2 2026 guidance at 0.590-0.590 EPS and its FY 2026 guidance at 2.350-2.400 EPS. On average, equities analysts anticipate that DuPont de Nemours, Inc. will post 2.39 earnings per share for the current fiscal year.

DuPont de Nemours Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.7%. DuPont de Nemours’s dividend payout ratio is presently -1,333.33%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on DD shares. Mizuho upped their price target on shares of DuPont de Nemours from $46.00 to $52.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 10th. Jefferies Financial Group lifted their price objective on shares of DuPont de Nemours from $51.00 to $59.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Royal Bank Of Canada upped their target price on DuPont de Nemours from $56.00 to $60.00 and gave the stock an “outperform” rating in a report on Monday, May 11th. Bank of America dropped their target price on DuPont de Nemours from $50.00 to $47.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 21st. Finally, BMO Capital Markets lifted their price target on DuPont de Nemours from $25.10 to $60.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Twelve equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $55.21.

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.