Nykredit A S Purchases Shares of 41,702 DuPont de Nemours, Inc. $DD

Nykredit A S acquired a new stake in shares of DuPont de Nemours, Inc. (NYSE:DD) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 41,702 shares of the basic materials company’s stock, valued at approximately $5,657,000.

Several other large investors have also modified their holdings of the stock. Swiss Life Asset Management Ltd grew its stake in shares of DuPont de Nemours by 1,519.9% during the 4th quarter. Swiss Life Asset Management Ltd now owns 1,022,145 shares of the basic materials company’s stock valued at $41,090,000 after buying an additional 959,047 shares during the period. PNC Financial Services Group Inc. raised its position in shares of DuPont de Nemours by 21.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,119,613 shares of the basic materials company’s stock worth $45,008,000 after buying an additional 200,550 shares during the period. Ancora Advisors LLC acquired a new position in DuPont de Nemours in the second quarter valued at $8,317,000. Independent Advisor Alliance boosted its holdings in DuPont de Nemours by 517.8% in the fourth quarter. Independent Advisor Alliance now owns 42,052 shares of the basic materials company’s stock valued at $1,691,000 after acquiring an additional 35,245 shares during the last quarter. Finally, Cullen Capital Management LLC purchased a new stake in DuPont de Nemours during the second quarter valued at about $2,081,000. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

DuPont de Nemours Stock Up 0.3%

Shares of NYSE DD opened at $132.04 on Monday. The stock has a fifty day moving average price of $138.41 and a 200 day moving average price of $140.64. The company has a current ratio of 2.43, a quick ratio of 1.82 and a debt-to-equity ratio of 0.23. DuPont de Nemours, Inc. has a 12-month low of $92.49 and a 12-month high of $157.98. The company has a market cap of $17.83 billion, a P/E ratio of 293.48, a P/E/G ratio of 1.20 and a beta of 1.06.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $1.88 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the previous year, the firm posted $1.12 earnings per share. The firm’s quarterly revenue was up 4.0% on a year-over-year basis. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. Research analysts anticipate that DuPont de Nemours, Inc. will post 7.27 EPS for the current fiscal year.

DuPont de Nemours Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a dividend of $0.60 per share. The ex-dividend date is Monday, August 31st. This represents a $2.40 annualized dividend and a yield of 1.8%. DuPont de Nemours’s payout ratio is currently 533.33%.

Analyst Upgrades and Downgrades

Several brokerages have commented on DD. UBS Group upped their price target on DuPont de Nemours from $175.00 to $178.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Zacks Research cut DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a report on Friday, July 17th. 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 for the company in a research report on Friday, August 7th. Citigroup raised their price target on shares of DuPont de Nemours from $168.00 to $170.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Finally, JPMorgan Chase & Co. lifted their price target on shares of DuPont de Nemours from $171.00 to $172.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Twelve analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $166.60.

DuPont de Nemours 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.