Allianz SE Reduces Position in DuPont de Nemours, Inc. $DD

Allianz SE decreased its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 32.9% in the third quarter, Holdings Channel.com reports. The institutional investor owned 24,058 shares of the basic materials company’s stock after selling 11,774 shares during the period. Allianz SE’s holdings in DuPont de Nemours were worth $1,874,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in shares of DuPont de Nemours by 6.7% during the 3rd quarter. Vanguard Group Inc. now owns 50,867,267 shares of the basic materials company’s stock valued at $3,962,560,000 after acquiring an additional 3,203,044 shares during the last quarter. State Street Corp lifted its position in DuPont de Nemours by 4.8% during the second quarter. State Street Corp now owns 18,363,975 shares of the basic materials company’s stock valued at $1,259,585,000 after purchasing an additional 842,852 shares during the period. Geode Capital Management LLC lifted its position in DuPont de Nemours by 4.8% during the second quarter. Geode Capital Management LLC now owns 10,782,760 shares of the basic materials company’s stock valued at $736,487,000 after purchasing an additional 496,691 shares during the period. Norges Bank purchased a new stake in DuPont de Nemours in the second quarter worth approximately $313,306,000. Finally, Boston Partners grew its position in DuPont de Nemours by 36.6% in the 2nd quarter. Boston Partners now owns 3,483,001 shares of the basic materials company’s stock worth $238,924,000 after purchasing an additional 932,575 shares during the period. Institutional investors own 73.96% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft boosted their target price on shares of DuPont de Nemours from $46.00 to $58.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Weiss Ratings reiterated a “sell (d+)” rating on shares of DuPont de Nemours in a research report on Monday, December 22nd. JPMorgan Chase & Co. increased their target price on DuPont de Nemours from $48.00 to $50.00 and gave the company an “overweight” rating in a report on Friday, January 16th. KeyCorp raised their target price on DuPont de Nemours from $51.00 to $57.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Finally, Citigroup upped their price target on shares of DuPont de Nemours from $50.00 to $59.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, DuPont de Nemours has an average rating of “Moderate Buy” and an average target price of $51.86.

DuPont de Nemours Price Performance

NYSE DD opened at $50.05 on Friday. DuPont de Nemours, Inc. has a 12 month low of $22.50 and a 12 month high of $52.66. The stock has a market cap of $20.47 billion, a price-to-earnings ratio of -26.91, a PEG ratio of 1.25 and a beta of 1.10. The company’s 50 day moving average is $45.23 and its two-hundred day moving average is $38.70. The company has a current ratio of 2.42, a quick ratio of 1.91 and a debt-to-equity ratio of 0.22.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings results on Tuesday, February 10th. The basic materials company reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.03. The business had revenue of $1.69 billion during the quarter, compared to analyst estimates of $1.69 billion. DuPont de Nemours had a negative net margin of 7.03% and a positive return on equity of 7.37%. The company’s revenue was up .2% on a year-over-year basis. During the same period in the prior 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. As a group, research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Dividend Announcement

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

DuPont de Nemours declared that its board has authorized a share repurchase program on Thursday, November 6th that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the basic materials company to reacquire up to 12.2% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is 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.