SeaCrest Wealth Management LLC Sells 3,754 Shares of DuPont de Nemours, Inc. $DD

SeaCrest Wealth Management LLC cut its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 35.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,822 shares of the basic materials company’s stock after selling 3,754 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in DuPont de Nemours were worth $468,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DD. Brighton Jones LLC boosted its stake in DuPont de Nemours by 19.6% in the fourth quarter. Brighton Jones LLC now owns 5,012 shares of the basic materials company’s stock valued at $382,000 after acquiring an additional 822 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in DuPont de Nemours by 2.5% in the fourth quarter. Sunbelt Securities Inc. now owns 11,020 shares of the basic materials company’s stock valued at $837,000 after acquiring an additional 265 shares during the last quarter. Neo Ivy Capital Management bought a new position in DuPont de Nemours in the fourth quarter valued at approximately $199,000. Public Employees Retirement System of Ohio boosted its stake in DuPont de Nemours by 12.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 197,335 shares of the basic materials company’s stock valued at $15,047,000 after acquiring an additional 21,979 shares during the last quarter. Finally, Toronto Dominion Bank raised its holdings in DuPont de Nemours by 8.1% in the fourth quarter. Toronto Dominion Bank now owns 224,184 shares of the basic materials company’s stock worth $17,094,000 after purchasing an additional 16,748 shares during the period. 73.96% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on DD shares. UBS Group increased their target price on shares of DuPont de Nemours from $87.00 to $89.00 and gave the stock a “buy” rating in a report on Monday, July 21st. BMO Capital Markets cut their target price on shares of DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating on the stock in a report on Friday. Wells Fargo & Company increased their target price on shares of DuPont de Nemours from $81.00 to $90.00 and gave the stock an “overweight” rating in a report on Monday, July 14th. Citigroup increased their target price on shares of DuPont de Nemours from $75.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, July 3rd. Finally, Mizuho increased their target price on shares of DuPont de Nemours from $80.00 to $85.00 and gave the stock an “outperform” rating in a report on Tuesday, July 15th. Nine equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, DuPont de Nemours has an average rating of “Moderate Buy” and a consensus price target of $87.58.

DuPont de Nemours Stock Performance

Shares of DD opened at $78.27 on Monday. The firm has a 50-day moving average of $75.05 and a 200-day moving average of $70.87. DuPont de Nemours, Inc. has a one year low of $53.77 and a one year high of $90.06. The company has a market cap of $32.77 billion, a PE ratio of -166.53, a price-to-earnings-growth ratio of 1.95 and a beta of 1.07. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.41 and a quick ratio of 0.94.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data on Tuesday, August 5th. The basic materials company reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $1.06 by $0.06. DuPont de Nemours had a negative net margin of 1.54% and a positive return on equity of 7.85%. The company had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.23 billion. During the same quarter last year, the firm posted $0.97 EPS. The company’s quarterly revenue was up 2.7% on a year-over-year basis. DuPont de Nemours has set its FY 2025 guidance at 4.400-4.400 EPS. Q3 2025 guidance at 1.150-1.150 EPS. As a group, equities analysts forecast that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, August 29th were given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, August 29th. DuPont de Nemours’s dividend payout ratio (DPR) is -348.94%.

Insider Activity at DuPont de Nemours

In other news, SVP Steven P. Larrabee sold 43,208 shares of DuPont de Nemours stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $77.17, for a total value of $3,334,361.36. Following the completion of the transaction, the senior vice president owned 38,585 shares of the company’s stock, valued at $2,977,604.45. This trade represents a 52.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Over the last ninety days, insiders have sold 74,208 shares of company stock valued at $5,714,861. Company insiders own 0.61% of the company’s stock.

DuPont de Nemours Company Profile

DuPont de Nemours, Inc provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.