DuPont de Nemours, Inc. (DD) has seen a great deal of financial movement recently with firms such as
Envestnet Portfolio Solutions Inc. and Norden Group LLC significantly increasing their holdings. However, there have also been partial divestments from entities like
Forsta AP Fonden and the Maryland State Retirement & Pension System.
Citigroup has set a new
price target for DD at $94.00 but reduced it later. The company has also attracted interest from potential
buyers for its water unit and announced a
separation into three corporations. The move is considered momentous and is expected to stimulate tremendous growth.
Dividend payouts are also due to be increased. Amidst these changes, DD continues to
outperform competitors, keeping its strong position in the market. There are potential risks to shareholder returns given the current share price. The company's stock has been underperforming when compared to competitors. Aside from this, major developments have included a Certificate of ISCC+ for their Tyvek Richmond facility, the acquisition of Donatelle Plastics, and the promotion of CEO Lori Koch to the board.
Dupont De Nemours DD News Analytics from Wed, 24 Jan 2024 08:00:00 GMT to Sun, 14 Jul 2024 17:43:16 GMT -
Rating 5
- Innovation 5
- Information 7
- Rumor -3
