Mraz Amerine & Associates Inc. cut its stake in shares of DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 66.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,025 shares of the basic materials company’s stock after selling 7,993 shares during the period. Mraz Amerine & Associates Inc.’s holdings in DuPont de Nemours were worth $546,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of the company. Elevation Wealth Partners LLC grew its stake in DuPont de Nemours by 168.5% during the second quarter. Elevation Wealth Partners LLC now owns 239 shares of the basic materials company’s stock valued at $32,000 after acquiring an additional 150 shares in the last quarter. Lazard Asset Management LLC lifted its stake in DuPont de Nemours by 7.1% in the 2nd quarter. Lazard Asset Management LLC now owns 2,430 shares of the basic materials company’s stock worth $166,000 after purchasing an additional 162 shares in the last quarter. Quadrant Capital Group LLC lifted its stake in DuPont de Nemours by 1.9% in the 4th quarter. Quadrant Capital Group LLC now owns 13,401 shares of the basic materials company’s stock worth $539,000 after purchasing an additional 244 shares in the last quarter. Brooks Moore & Associates Inc. boosted its holdings in DuPont de Nemours by 2.4% in the 4th quarter. Brooks Moore & Associates Inc. now owns 10,658 shares of the basic materials company’s stock valued at $428,000 after purchasing an additional 250 shares during the period. Finally, 1ST Source Bank boosted its holdings in DuPont de Nemours by 1.5% in the 1st quarter. 1ST Source Bank now owns 17,451 shares of the basic materials company’s stock valued at $799,000 after purchasing an additional 252 shares during the period. 73.96% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on DD. JPMorgan Chase & Co. upped their price target on shares of DuPont de Nemours from $171.00 to $172.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Citigroup upped their target price on DuPont de Nemours from $168.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Royal Bank Of Canada dropped their price target on DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating for the company in a research report on Friday, August 7th. UBS Group raised their target price on shares of DuPont de Nemours from $175.00 to $178.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of DuPont de Nemours in a research note on Monday, August 3rd. Twelve analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $166.60.
DuPont de Nemours Price Performance
Shares of DuPont de Nemours stock traded down $0.13 during trading on Tuesday, hitting $131.46. 1,212,074 shares of the stock traded hands, compared to its average volume of 1,427,403. The company has a quick ratio of 1.82, a current ratio of 2.43 and a debt-to-equity ratio of 0.23. The stock has a market cap of $17.75 billion, a price-to-earnings ratio of 292.20, a PEG ratio of 1.20 and a beta of 1.06. The firm’s fifty day moving average is $138.34 and its 200-day moving average is $140.50. DuPont de Nemours, Inc. has a 52 week low of $92.49 and a 52 week high of $157.98.
DuPont de Nemours (NYSE:DD – Get Free Report) last released its earnings results on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share for the quarter, topping analysts’ consensus estimates of $1.76 by $0.12. The company had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.81 billion. DuPont de Nemours had a return on equity of 6.92% and a net margin of 0.67%.DuPont de Nemours’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.12 EPS. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. Research analysts expect that DuPont de Nemours, Inc. will post 7.27 EPS for the current fiscal year.
DuPont de Nemours Cuts Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Monday, August 31st. DuPont de Nemours’s payout ratio is presently 533.33%.
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.
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