DuPont de Nemours, Inc. $DD Shares Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp increased its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 0.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,169,908 shares of the basic materials company’s stock after acquiring an additional 29,543 shares during the quarter. Bank of New York Mellon Corp’s holdings in DuPont de Nemours were worth $246,936,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Princeton Global Asset Management LLC grew its holdings in shares of DuPont de Nemours by 64.4% during the second quarter. Princeton Global Asset Management LLC now owns 365 shares of the basic materials company’s stock valued at $25,000 after purchasing an additional 143 shares during the last quarter. Salomon & Ludwin LLC boosted its position in DuPont de Nemours by 186.5% during the 3rd quarter. Salomon & Ludwin LLC now owns 318 shares of the basic materials company’s stock valued at $25,000 after purchasing an additional 207 shares during the period. Cary Street Partners Investment Advisory LLC grew its stake in DuPont de Nemours by 67.5% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 541 shares of the basic materials company’s stock worth $37,000 after buying an additional 218 shares during the last quarter. Crews Bank & Trust increased its position in DuPont de Nemours by 55.8% in the third quarter. Crews Bank & Trust now owns 508 shares of the basic materials company’s stock worth $40,000 after buying an additional 182 shares during the period. Finally, Quaker Wealth Management LLC increased its position in DuPont de Nemours by 200.7% in the second quarter. Quaker Wealth Management LLC now owns 594 shares of the basic materials company’s stock worth $41,000 after buying an additional 1,184 shares during the period. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Stock Performance

DD opened at $44.56 on Friday. The business has a 50 day moving average price of $41.54 and a two-hundred day moving average price of $35.99. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.00 and a quick ratio of 1.63. The company has a market capitalization of $18.67 billion, a price-to-earnings ratio of -24.22, a price-to-earnings-growth ratio of 3.31 and a beta of 1.08. DuPont de Nemours, Inc. has a 1-year low of $22.50 and a 1-year high of $45.07.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings results on Thursday, November 6th. The basic materials company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.05. The company had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.12 billion. DuPont de Nemours had a positive return on equity of 7.81% and a negative net margin of 6.17%.The firm’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same period last year, the firm earned $1.18 EPS. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. Research analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours announced that its Board of Directors has approved a share buyback program on Thursday, November 6th that allows the company to buyback $2.00 billion in shares. This buyback authorization allows the basic materials company to purchase up to 12.2% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its stock is undervalued.

DuPont de Nemours Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Friday, November 28th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Friday, November 28th. DuPont de Nemours’s dividend payout ratio is -43.48%.

Insider Buying and Selling

In other news, SVP Erik T. Hoover sold 6,005 shares of the stock in a transaction on Friday, November 28th. The stock was sold at an average price of $39.79, for a total value of $238,938.95. Following the completion of the sale, the senior vice president owned 112,101 shares in the company, valued at $4,460,498.79. This represents a 5.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Lori Koch sold 9,011 shares of DuPont de Nemours stock in a transaction on Friday, November 28th. The shares were sold at an average price of $39.46, for a total value of $355,574.06. Following the transaction, the chief executive officer owned 288,326 shares in the company, valued at $11,377,343.96. This represents a 3.03% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on DD. Wall Street Zen raised shares of DuPont de Nemours to a “hold” rating in a report on Saturday, January 10th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of DuPont de Nemours from $90.00 to $46.00 and set a “buy” rating for the company in a research note on Tuesday, November 25th. Mizuho lifted their price target on DuPont de Nemours from $44.00 to $46.00 and gave the company an “outperform” rating in a report on Thursday, December 18th. Weiss Ratings reiterated a “sell (d+)” rating on shares of DuPont de Nemours in a research report on Monday, December 22nd. Finally, UBS Group raised their target price on DuPont de Nemours from $46.00 to $49.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. Ten analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, DuPont de Nemours has an average rating of “Moderate Buy” and a consensus price target of $45.99.

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.