Verdence Capital Advisors LLC Cuts Stock Holdings in DuPont de Nemours, Inc. $DD

Verdence Capital Advisors LLC lessened its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 64.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,382 shares of the basic materials company’s stock after selling 11,440 shares during the quarter. Verdence Capital Advisors LLC’s holdings in DuPont de Nemours were worth $519,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analyst Upgrades and Downgrades

A number of research firms recently commented on DD. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of DuPont de Nemours from $90.00 to $46.00 and set a “buy” rating on the stock in a report on Tuesday, November 25th. Morgan Stanley decreased their price target on DuPont de Nemours from $80.00 to $44.00 in a research note on Monday, November 10th. Zacks Research raised DuPont de Nemours from a “strong sell” rating to a “hold” rating in a research note on Friday, January 9th. Wells Fargo & Company decreased their target price on DuPont de Nemours from $100.00 to $50.00 and set an “overweight” rating on the stock in a research report on Friday, November 7th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of DuPont de Nemours in a report on Monday, December 22nd. Ten investment 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $45.99.

Insider Buying and Selling

In other DuPont de Nemours news, CEO Lori Koch sold 9,011 shares of DuPont de Nemours stock in a transaction that occurred 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 completion of the sale, the chief executive officer directly 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Erik T. Hoover sold 6,005 shares of the business’s stock in a transaction on Friday, November 28th. The shares were sold at an average price of $39.79, for a total value of $238,938.95. Following the completion of the transaction, the senior vice president owned 112,101 shares of the company’s stock, valued at $4,460,498.79. This trade 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 Stock Performance

NYSE DD opened at $43.78 on Friday. The company has a quick ratio of 1.63, a current ratio of 2.00 and a debt-to-equity ratio of 0.30. DuPont de Nemours, Inc. has a fifty-two week low of $22.50 and a fifty-two week high of $44.96. The business has a fifty day moving average of $40.94 and a 200-day moving average of $35.54. The stock has a market cap of $18.34 billion, a price-to-earnings ratio of -23.79, a price-to-earnings-growth ratio of 3.22 and a beta of 1.08.

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

DuPont de Nemours Cuts Dividend

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

DuPont de Nemours declared that its board has approved a share buyback plan on Thursday, November 6th that authorizes the company to buyback $2.00 billion in shares. This buyback authorization authorizes the basic materials company to reacquire up to 12.2% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board of directors believes its stock is undervalued.

About DuPont de Nemours

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.