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Legal & General Group Plc Boosts DuPont de Nemours Stake
Institutional investor increases ownership in basic materials company by 7.7% in Q3
Mar. 13, 2026 at 9:55am
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Legal & General Group Plc, an institutional investor, grew its stake in DuPont de Nemours, Inc. (NYSE:DD) by 7.7% during the third quarter, according to a recent SEC filing. The investor now owns 3,059,960 shares of the basic materials company, representing about 0.73% of DuPont's outstanding stock.
Why it matters
DuPont de Nemours is a major global supplier of specialty materials, chemicals, and industrial biosciences. As a large institutional investor, Legal & General Group's increased stake in the company signals confidence in DuPont's business and growth prospects among sophisticated market participants.
The details
According to the filing, Legal & General Group Plc purchased an additional 217,727 shares of DuPont de Nemours during the third quarter, bringing its total ownership to 3,059,960 shares. This represents about 0.73% of the company's outstanding stock. The institutional investor cited DuPont's strong performance and future potential as reasons for increasing its position in the basic materials company.
- Legal & General Group Plc filed the SEC disclosure on March 13, 2026.
- The increased stake occurred during the third quarter of 2025.
The players
Legal & General Group Plc
A major British financial services company that operates as an institutional investor, managing assets worth over $1.4 trillion globally.
DuPont de Nemours, Inc.
A global science and engineering company that develops and supplies specialty materials, chemicals, and industrial biosciences for a wide range of markets.
The takeaway
Legal & General Group's increased stake in DuPont de Nemours reflects confidence in the company's long-term growth potential among major institutional investors. This signals that DuPont remains an attractive investment in the eyes of sophisticated market participants despite recent market volatility.
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