BlackRock Amends DuPont Stake, Maintains Passive Investment

TL;DR

**BlackRock still owns a big chunk of DuPont, signaling stability.**

AI Summary

BlackRock Inc. filed an amended SC 13G/A on January 26, 2024, indicating its ownership of DuPont de Nemours, Inc. common stock as of December 31, 2023. This filing, Amendment No. 4, updates previous disclosures about BlackRock's passive investment in DuPont. For investors, this matters because BlackRock is a major institutional investor, and its continued significant, albeit passive, stake in DuPont signals a degree of confidence in the company's long-term prospects, potentially influencing other investors.

Why It Matters

This filing confirms BlackRock's ongoing substantial, passive ownership in DuPont, which can be seen as a vote of confidence from one of the world's largest asset managers.

Risk Assessment

Risk Level: low — This filing is a routine update from a passive institutional investor and does not indicate any immediate risks or significant changes in company control.

Analyst Insight

Investors should note BlackRock's continued passive stake as a sign of institutional stability, but this filing alone doesn't suggest any immediate buy/sell action.

Key Players & Entities

• BlackRock Inc. (company) — the entity filing the SC 13G/A, reporting its ownership in DuPont de Nemours, Inc.
• DuPont de Nemours, Inc. (company) — the subject company whose common stock is being reported on
• December 31, 2023 (date) — the date of the event which required the filing of this statement
• January 26, 2024 (date) — the date the SC 13G/A was filed

FAQ

From the Filing

0001086364-24-004714.txt : 20240126 0001086364-24-004714.hdr.sgml : 20240126 20240126162347 ACCESSION NUMBER: 0001086364-24-004714 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240126 DATE AS OF CHANGE: 20240126 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DuPont de Nemours, Inc. CENTRAL INDEX KEY: 0001666700 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 811224539 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-90272 FILM NUMBER: 24568206 BUSINESS ADDRESS: STREET 1: 974 CENTRE ROAD STREET 2: BUILDING 730 CITY: WILMINGTON STATE: DE ZIP: 19805 BUSINESS PHONE: (302) 295-5783 MAIL ADDRESS: STREET 1: 974 CENTRE ROAD STREET 2: BUILDING 730 CITY: WILMINGTON STATE: DE ZIP: 19805 FORMER COMPANY: FORMER CONFORMED NAME: DowDuPont Inc. DATE OF NAME CHANGE: 20160211 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us26614n1028_012624.txt us26614n1028_012624.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 4) DUPONT DE NEMOURS INC -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 26614N102 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 26614N102 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 27082208 (6) Shared voting power 0 (7) Sole dispositive power 30389248 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 30389248 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 7.1% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- DUPONT DE NEMOURS INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 974 CENTRE ROAD BUILDING 730 WILMINGTON DE 19805 Item 2. 2(a) Name of person fili