DuPont de Nemours, Inc. $DD Shares Sold by PFG Private Wealth Management LLC

PFG Private Wealth Management LLC reduced its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 66.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,074 shares of the basic materials company’s stock after selling 4,089 shares during the period. PFG Private Wealth Management LLC’s holdings in DuPont de Nemours were worth $281,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Palisade Asset Management LLC acquired a new position in DuPont de Nemours during the 3rd quarter worth about $26,000. Imprint Wealth LLC acquired a new position in DuPont de Nemours in the 3rd quarter valued at about $27,000. Basepoint Wealth LLC purchased a new stake in DuPont de Nemours during the fourth quarter worth about $28,000. Nalls Sherbakoff Group LLC purchased a new stake in DuPont de Nemours during the fourth quarter worth about $29,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of DuPont de Nemours during the third quarter worth about $30,000. 73.96% of the stock is owned by institutional investors and hedge funds.

DuPont de Nemours Stock Performance

Shares of DuPont de Nemours stock opened at $132.07 on Wednesday. DuPont de Nemours, Inc. has a one year low of $92.49 and a one year high of $157.98. The company has a market cap of $17.83 billion, a PE ratio of 293.55, a P/E/G ratio of 1.23 and a beta of 1.06. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.82 and a current ratio of 2.43. The business has a 50-day simple moving average of $138.71 and a 200-day simple moving average of $141.01.

DuPont de Nemours (NYSE:DD) last issued 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. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. The firm had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter last year, the company earned $1.12 earnings per share. The firm’s revenue was up 4.0% compared to the same quarter last year. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. On average, equities research analysts forecast that DuPont de Nemours, Inc. will post 7.27 EPS for the current fiscal year.

DuPont de Nemours Cuts Dividend

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

Analysts Set New Price Targets

DD has been the subject of a number of research reports. UBS Group lifted their price objective on shares of DuPont de Nemours from $175.00 to $178.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. BMO Capital Markets increased their target price on shares of DuPont de Nemours from $75.30 to $180.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Royal Bank Of Canada decreased 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 report on Friday, August 7th. The Goldman Sachs Group boosted their price target on shares of DuPont de Nemours from $53.00 to $159.00 and gave the stock a “neutral” rating in a research note on Thursday, June 25th. Finally, Citigroup upped their price objective on DuPont de Nemours from $168.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Twelve research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $166.60.

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.