Quadrant Capital Group LLC Buys 8,922 Shares of DuPont de Nemours, Inc. $DD

Quadrant Capital Group LLC raised its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 230.6% during the 3rd quarter, Holdings Channel reports. The fund owned 12,791 shares of the basic materials company’s stock after purchasing an additional 8,922 shares during the period. Quadrant Capital Group LLC’s holdings in DuPont de Nemours were worth $1,661,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp raised its position in shares of DuPont de Nemours by 140.3% in the 2nd quarter. State Street Corp now owns 44,941,824 shares of the basic materials company’s stock worth $6,095,909,000 after acquiring an additional 26,238,300 shares in the last quarter. Groupe la Francaise purchased a new stake in shares of DuPont de Nemours during the 2nd quarter worth $1,394,000. Ancora Advisors LLC purchased a new stake in shares of DuPont de Nemours during the 2nd quarter worth $8,317,000. Boussard & Gavaudan Gestion Sas bought a new stake in DuPont de Nemours during the second quarter valued at about $4,912,000. Finally, Cullen Capital Management LLC bought a new stake in DuPont de Nemours during the second quarter valued at about $2,081,000. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Up 0.6%

NYSE:DD opened at $134.96 on Friday. 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 twelve month low of $100.00 and a twelve month high of $157.98. The company has a market cap of $18.23 billion, a PE ratio of 299.98, a P/E/G ratio of 1.24 and a beta of 1.05. The company’s 50 day moving average is $132.44 and its two-hundred day moving average is $138.12.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.76 by $0.12. The business had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.81 billion. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. The business’s quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter last year, the company posted $1.12 earnings per share. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. Analysts anticipate that DuPont de Nemours, Inc. will post 7.25 EPS for the current year.

DuPont de Nemours Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Monday, November 30th. DuPont de Nemours’s dividend payout ratio is presently 533.33%.

Wall Street Analysts Forecast Growth

DD has been the topic of several analyst reports. Citigroup cut their target price on DuPont de Nemours from $170.00 to $162.00 and set a “buy” rating on the stock in a research note on Wednesday, October 7th. The Goldman Sachs Group reduced their target price on shares of DuPont de Nemours from $159.00 to $153.00 and set a “neutral” rating for the company in a report on Wednesday, September 30th. Zacks Research lowered shares of DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. Royal Bank Of Canada lowered their price target on shares of DuPont de Nemours from $176.00 to $160.00 and set an “outperform” rating on the stock in a report on Thursday, October 15th. Finally, Barclays assumed coverage on shares of DuPont de Nemours in a research report on Tuesday, October 13th. They issued an “overweight” rating and a $156.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $162.00.

DuPont de Nemours Profile

DuPont de Nemours, Inc is a diversified science and technology company that develops engineered materials and specialty products for industrial and consumer markets. Its offerings are used in applications including electronics, semiconductor manufacturing, water purification, transportation, construction, healthcare, and worker and consumer protection.

The company’s product portfolio has historically included high-performance films, resins, adhesives, engineered polymers, specialty fibers, protective materials, water-treatment membranes, and filtration technologies.