DuPont de Nemours, Inc. (NYSE:DD) Short Interest Down 53.6% in June

DuPont de Nemours, Inc. (NYSE:DD) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 5,798,178 shares, a decline of 53.6% from the June 15th total of 12,482,662 shares. Approximately 4.3% of the shares of the stock are short sold. Based on an average daily volume of 1,826,308 shares, the short-interest ratio is presently 3.2 days.

Institutional Trading of DuPont de Nemours

Hedge funds and other institutional investors have recently modified their holdings of the business. Palisade Asset Management LLC acquired a new position in DuPont de Nemours in the third quarter valued at about $26,000. Imprint Wealth LLC purchased a new position in DuPont de Nemours during the third quarter worth about $27,000. Miller Global Investments LLC acquired a new stake in shares of DuPont de Nemours during the fourth quarter valued at about $28,000. Basepoint Wealth LLC acquired a new stake in shares of DuPont de Nemours during the fourth quarter valued at about $28,000. Finally, Nalls Sherbakoff Group LLC purchased a new stake in shares of DuPont de Nemours in the 4th quarter valued at approximately $29,000. 73.96% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently commented on DD. The Goldman Sachs Group increased their price target on DuPont de Nemours from $53.00 to $159.00 and gave the company a “neutral” rating in a report on Thursday, June 25th. Citigroup boosted their price objective on DuPont de Nemours from $168.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. UBS Group upped their target price on DuPont de Nemours from $168.00 to $177.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Morgan Stanley raised their target price on DuPont de Nemours from $132.00 to $156.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 28th. Finally, Bank of America reduced their price target on DuPont de Nemours from $150.00 to $141.00 and set a “neutral” rating on the stock in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, DuPont de Nemours has a consensus rating of “Moderate Buy” and a consensus price target of $165.33.

DuPont de Nemours Trading Up 0.6%

Shares of NYSE DD traded up $0.77 during midday trading on Wednesday, reaching $134.94. 1,091,306 shares of the stock were exchanged, compared to its average volume of 1,407,318. The stock has a market capitalization of $18.22 billion, a P/E ratio of -749.56, a PEG ratio of 1.24 and a beta of 1.05. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.11 and a current ratio of 2.68. The company has a 50 day simple moving average of $142.32 and a 200 day simple moving average of $139.04. DuPont de Nemours has a twelve month low of $86.59 and a twelve month high of $157.98.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.07. The firm had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.67 billion. DuPont de Nemours had a positive return on equity of 7.15% and a negative net margin of 0.30%.The firm’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the prior year, the firm posted $3.09 earnings per share. 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. As a group, equities analysts expect that DuPont de Nemours will post 7.14 earnings per share for the current year.

DuPont de Nemours Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Monday, August 31st. DuPont de Nemours’s dividend payout ratio is -1,333.33%.

About DuPont de Nemours

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.