Mirae Asset Global Investments Co. Ltd. Grows Position in DuPont de Nemours, Inc. $DD

Mirae Asset Global Investments Co. Ltd. lifted its stake in DuPont de Nemours, Inc. (NYSE:DD) by 22.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 68,504 shares of the basic materials company’s stock after buying an additional 12,784 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in DuPont de Nemours were worth $2,754,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Oppenheimer & Co. Inc. lifted its holdings in shares of DuPont de Nemours by 39.2% in the third quarter. Oppenheimer & Co. Inc. now owns 104,565 shares of the basic materials company’s stock worth $8,146,000 after buying an additional 29,473 shares in the last quarter. Xponance Inc. raised its stake in DuPont de Nemours by 113.6% during the third quarter. Xponance Inc. now owns 134,797 shares of the basic materials company’s stock valued at $10,501,000 after purchasing an additional 71,695 shares in the last quarter. Citigroup Inc. raised its stake in DuPont de Nemours by 20.2% during the third quarter. Citigroup Inc. now owns 572,650 shares of the basic materials company’s stock valued at $44,609,000 after purchasing an additional 96,062 shares in the last quarter. Bank of New York Mellon Corp raised its stake in DuPont de Nemours by 0.9% during the third quarter. Bank of New York Mellon Corp now owns 3,169,908 shares of the basic materials company’s stock valued at $246,936,000 after purchasing an additional 29,543 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in DuPont de Nemours by 3.8% during the third quarter. Dimensional Fund Advisors LP now owns 3,337,753 shares of the basic materials company’s stock valued at $259,974,000 after purchasing an additional 121,216 shares in the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on DD shares. Deutsche Bank Aktiengesellschaft upped their price target 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. Bank of America decreased their price target on shares of DuPont de Nemours from $50.00 to $47.00 and set a “neutral” rating on the stock in a research note on Tuesday. Jefferies Financial Group upped their price target on shares of DuPont de Nemours from $51.00 to $59.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Argus decreased their price target on shares of DuPont de Nemours from $86.00 to $52.00 and set a “buy” rating on the stock in a research note on Thursday, February 5th. Finally, Citigroup decreased their price target on shares of DuPont de Nemours from $59.00 to $56.00 and set a “buy” rating on the stock in a research note on Monday, April 13th. Twelve investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, DuPont de Nemours presently has a consensus rating of “Moderate Buy” and an average price target of $52.70.

DuPont de Nemours Stock Down 1.6%

Shares of DuPont de Nemours stock opened at $45.95 on Thursday. 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 1 year low of $26.36 and a 1 year high of $52.66. The firm’s 50-day moving average is $47.03 and its two-hundred day moving average is $42.39. The stock has a market cap of $18.83 billion, a price-to-earnings ratio of -24.71, a PEG ratio of 1.74 and a beta of 1.09.

DuPont de Nemours (NYSE:DD) last issued its earnings results on Tuesday, February 10th. The basic materials company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.03. The company had revenue of ($1,871.00) million for the quarter, compared to analysts’ expectations 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 firm’s quarterly revenue was up .2% on a year-over-year basis. During the same period in the prior year, the business earned $1.13 EPS. 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 expect that DuPont de Nemours, Inc. will post 2.3 earnings per share for the current fiscal year.

DuPont de Nemours Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, May 15th. DuPont de Nemours’s dividend payout ratio (DPR) is presently -43.01%.

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.