Citigroup Inc. Increases Position in DuPont de Nemours, Inc. $DD

Citigroup Inc. increased its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 20.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 572,650 shares of the basic materials company’s stock after acquiring an additional 96,062 shares during the quarter. Citigroup Inc.’s holdings in DuPont de Nemours were worth $44,609,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the business. Salomon & Ludwin LLC raised its position in shares of DuPont de Nemours by 186.5% in 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 in the last quarter. Crews Bank & Trust increased its stake in shares of 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 last quarter. Cary Street Partners Investment Advisory LLC raised its holdings in DuPont de Nemours by 67.5% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 541 shares of the basic materials company’s stock valued at $37,000 after acquiring an additional 218 shares in the last quarter. Quaker Wealth Management LLC boosted its stake in DuPont de Nemours by 200.7% during the 2nd quarter. Quaker Wealth Management LLC now owns 594 shares of the basic materials company’s stock valued at $41,000 after acquiring an additional 1,184 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its stake in DuPont de Nemours by 36.1% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 599 shares of the basic materials company’s stock valued at $41,000 after acquiring an additional 159 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on DD. Citigroup upped their target price on shares of DuPont de Nemours from $50.00 to $59.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Weiss Ratings restated a “sell (d+)” rating on shares of DuPont de Nemours in a research note on Monday, December 22nd. JPMorgan Chase & Co. lifted their target price on DuPont de Nemours from $48.00 to $50.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Wolfe Research boosted their price target on DuPont de Nemours from $49.00 to $54.00 and gave the company an “outperform” rating in a report on Wednesday, February 11th. Finally, Wall Street Zen upgraded DuPont de Nemours to a “hold” rating in a research note on Saturday, January 10th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $51.86.

Insider Activity at DuPont de Nemours

In other news, CEO Lori Koch sold 9,011 shares of DuPont de Nemours stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $39.46, for a total transaction of $355,574.06. Following the sale, the chief executive officer owned 288,326 shares of the company’s stock, valued at approximately $11,377,343.96. The trade was a 3.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Erik T. Hoover sold 6,005 shares of the business’s stock in a transaction that occurred 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 transaction, the senior vice president owned 112,101 shares of the company’s stock, valued at approximately $4,460,498.79. This represents a 5.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.61% of the stock is currently owned by company insiders.

DuPont de Nemours Trading Up 1.9%

NYSE:DD opened at $51.03 on Wednesday. The firm has a market capitalization of $20.87 billion, a P/E ratio of -27.44, a P/E/G ratio of 1.25 and a beta of 1.10. The business has a 50 day simple moving average of $44.66 and a 200 day simple moving average of $38.32. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.42 and a quick ratio of 1.91. DuPont de Nemours, Inc. has a 12-month low of $22.50 and a 12-month high of $52.66.

DuPont de Nemours (NYSE:DD) last posted its earnings results on Tuesday, February 10th. The basic materials company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.03. The company had revenue of $1.69 billion for the quarter, compared to analysts’ expectations of $1.69 billion. DuPont de Nemours had a positive return on equity of 7.37% and a negative net margin of 7.03%.The firm’s quarterly revenue was up .2% compared to the same quarter last year. During the same period last year, the business posted $1.13 earnings per share. DuPont de Nemours has set its FY 2026 guidance at 2.250-2.300 EPS and its Q1 2026 guidance at 0.480-0.480 EPS. Equities research analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be given a $0.20 dividend. The ex-dividend date is Monday, March 2nd. This represents a $0.80 annualized dividend and a yield of 1.6%. DuPont de Nemours’s dividend payout ratio is -43.01%.

DuPont de Nemours announced that its Board of Directors has authorized a share repurchase plan on Thursday, November 6th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the basic materials company to purchase up to 12.2% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

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.