DuPont de Nemours, Inc. $DD Shares Sold by Bank OZK

Bank OZK lessened its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 64.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,813 shares of the basic materials company’s stock after selling 19,727 shares during the period. Bank OZK’s holdings in DuPont de Nemours were worth $1,467,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DD. Elevation Wealth Partners LLC increased its position in DuPont de Nemours by 168.5% during the 2nd quarter. Elevation Wealth Partners LLC now owns 239 shares of the basic materials company’s stock valued at $32,000 after buying an additional 150 shares in the last quarter. Lazard Asset Management LLC grew its stake in shares of DuPont de Nemours by 7.1% during the second quarter. Lazard Asset Management LLC now owns 2,430 shares of the basic materials company’s stock worth $166,000 after acquiring an additional 162 shares during the last quarter. Quadrant Capital Group LLC increased its holdings in shares of DuPont de Nemours by 1.9% during the fourth quarter. Quadrant Capital Group LLC now owns 13,401 shares of the basic materials company’s stock valued at $539,000 after acquiring an additional 244 shares in the last quarter. Brooks Moore & Associates Inc. boosted its stake 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 worth $428,000 after purchasing an additional 250 shares in the last quarter. Finally, 1ST Source Bank grew its position in DuPont de Nemours by 1.5% during the 1st quarter. 1ST Source Bank now owns 17,451 shares of the basic materials company’s stock worth $799,000 after purchasing an additional 252 shares during the last quarter. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on DD. Citigroup upped their price target on shares of DuPont de Nemours from $168.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. JPMorgan Chase & Co. boosted their price objective on shares of DuPont de Nemours from $171.00 to $172.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Weiss Ratings reissued a “sell (d+)” rating on shares of DuPont de Nemours in a research report on Monday, August 3rd. Zacks Research lowered DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 17th. Finally, Royal Bank Of Canada dropped their price target on DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating on the stock in a research note on Friday, August 7th. Twelve analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $166.60.

DuPont de Nemours Stock Performance

NYSE DD traded down $0.13 on Tuesday, hitting $131.46. 1,212,074 shares of the company’s stock traded hands, compared to its average volume of 1,427,403. The company has a current ratio of 2.43, a quick ratio of 1.82 and a debt-to-equity ratio of 0.23. DuPont de Nemours, Inc. has a 1-year low of $92.49 and a 1-year high of $157.98. The firm’s 50-day moving average price is $138.34 and its two-hundred day moving average price is $140.50. The firm has a market capitalization of $17.75 billion, a PE ratio of 292.20, a P/E/G ratio of 1.20 and a beta of 1.06.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.76 by $0.12. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. The business had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the prior year, the firm earned $1.12 EPS. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. As a group, analysts expect that DuPont de Nemours, Inc. will post 7.27 EPS for the current year.

DuPont de Nemours Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Monday, August 31st. DuPont de Nemours’s dividend payout ratio is presently 533.33%.

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.