Outfitters Financial LLC Sells 20,644 Shares of DuPont de Nemours, Inc. $DD

Outfitters Financial LLC lessened its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 66.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,356 shares of the basic materials company’s stock after selling 20,644 shares during the quarter. Outfitters Financial LLC’s holdings in DuPont de Nemours were worth $1,405,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Palisade Asset Management LLC bought a new position in DuPont de Nemours in the 3rd quarter worth $26,000. Imprint Wealth LLC bought a new stake in shares of DuPont de Nemours during the 3rd quarter valued at about $27,000. Basepoint Wealth LLC bought a new stake in shares of DuPont de Nemours during the 4th quarter valued at about $28,000. Nalls Sherbakoff Group LLC purchased a new position in shares of DuPont de Nemours during the fourth quarter valued at about $29,000. Finally, Measured Wealth Private Client Group LLC bought a new position in DuPont de Nemours in the third quarter worth about $30,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Up 0.7%

DD stock opened at $133.00 on Thursday. The business has a 50 day moving average of $138.62 and a 200 day moving average of $140.91. The firm has a market cap of $17.96 billion, a PE ratio of 295.61, a price-to-earnings-growth ratio of 1.20 and a beta of 1.06. DuPont de Nemours, Inc. has a twelve month low of $92.49 and a twelve month high of $157.98. The company has a quick ratio of 1.82, a current ratio of 2.43 and a debt-to-equity ratio of 0.23.

DuPont de Nemours (NYSE:DD) last released its earnings results on Tuesday, August 4th. The basic materials company reported $1.88 EPS for the quarter, topping the consensus estimate of $1.76 by $0.12. DuPont de Nemours had a return on equity of 6.92% and a net margin of 0.67%.The business had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the previous year, the company posted $1.12 earnings per share. The company’s revenue for the quarter 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, 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 declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be paid a $0.60 dividend. The ex-dividend date is Monday, August 31st. This represents a $2.40 dividend on an annualized basis and a yield of 1.8%. DuPont de Nemours’s payout ratio is presently 533.33%.

Wall Street Analyst Weigh In

DD has been the topic of several research reports. The Goldman Sachs Group lifted their price objective on DuPont de Nemours from $53.00 to $159.00 and gave the company a “neutral” rating in a research report on Thursday, June 25th. UBS Group lifted their price target on DuPont de Nemours from $175.00 to $178.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Weiss Ratings reiterated a “sell (d+)” rating on shares of DuPont de Nemours in a report on Monday, August 3rd. Royal Bank Of Canada dropped their target price on shares of DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating on the stock in a report on Friday, August 7th. Finally, JPMorgan Chase & Co. increased their price target on shares of DuPont de Nemours from $171.00 to $172.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Twelve equities 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 company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $166.60.

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.