Strs Ohio Has $27.24 Million Stock Holdings in DuPont de Nemours, Inc. $DD
by Doug Wharley · The Cerbat GemStrs Ohio lessened its holdings in DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 7.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 677,627 shares of the basic materials company’s stock after selling 58,382 shares during the period. Strs Ohio’s holdings in DuPont de Nemours were worth $27,241,000 at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in the business. Lazard Asset Management LLC raised its position in DuPont de Nemours by 7.1% in the second 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. Signaturefd LLC raised its position in DuPont de Nemours by 3.4% in the third quarter. Signaturefd LLC now owns 5,160 shares of the basic materials company’s stock worth $402,000 after purchasing an additional 172 shares in the last quarter. Forum Financial Management LP raised its position in DuPont de Nemours by 2.2% in the third quarter. Forum Financial Management LP now owns 8,026 shares of the basic materials company’s stock worth $625,000 after purchasing an additional 176 shares in the last quarter. Arkadios Wealth Advisors raised its position in DuPont de Nemours by 0.7% in the third quarter. Arkadios Wealth Advisors now owns 24,840 shares of the basic materials company’s stock worth $1,935,000 after purchasing an additional 180 shares in the last quarter. Finally, Crews Bank & Trust raised its position in DuPont de Nemours by 55.8% in the third 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. Institutional investors and hedge funds own 73.96% of the company’s stock.
DuPont de Nemours Price Performance
Shares of DuPont de Nemours stock opened at $46.38 on Friday. The company has a current ratio of 2.42, a quick ratio of 1.91 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $19.01 billion, a price-to-earnings ratio of -24.93, a P/E/G ratio of 1.60 and a beta of 1.03. DuPont de Nemours, Inc. has a 1-year low of $26.82 and a 1-year high of $52.66. The firm’s 50-day moving average price is $46.49 and its two-hundred day moving average price is $42.95.
DuPont de Nemours (NYSE:DD – Get Free Report) last issued its quarterly earnings data on Tuesday, February 10th. The basic materials company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.03. DuPont de Nemours had a negative net margin of 7.03% and a positive return on equity of 7.37%. The firm had revenue of ($1,871.00) million for the quarter, compared to analysts’ expectations of $1.69 billion. During the same period in the prior year, the firm earned $1.13 earnings per share. The company’s quarterly revenue was up .2% compared to the same quarter last year. 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. On average, equities analysts predict that DuPont de Nemours, Inc. will post 2.27 earnings per share for the current fiscal year.
DuPont de Nemours Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be paid a dividend of $0.20 per share. 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 is -43.01%.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on the stock. Citigroup dropped their price target on shares of DuPont de Nemours from $59.00 to $56.00 and set a “buy” rating for the company in a research report on Monday, April 13th. Bank of America dropped their price target on shares of DuPont de Nemours from $50.00 to $47.00 and set a “neutral” rating for the company in a research report on Tuesday, April 21st. Morgan Stanley upped their price objective on shares of DuPont de Nemours from $44.00 to $52.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 28th. Royal Bank Of Canada decreased their price objective on shares of DuPont de Nemours from $60.00 to $56.00 and set an “outperform” rating on the stock in a research note on Friday, April 24th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of DuPont de Nemours in a research note on Friday, March 27th. Twelve research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $54.57.
Read Our Latest Analysis on DuPont de Nemours
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.
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