TD Private Client Wealth LLC Raises Stake in DuPont de Nemours, Inc. $DD

TD Private Client Wealth LLC increased its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 3.1% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 5,752 shares of the basic materials company’s stock after purchasing an additional 172 shares during the period. TD Private Client Wealth LLC’s holdings in DuPont de Nemours were worth $395,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in DuPont de Nemours by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 46,894,623 shares of the basic materials company’s stock worth $3,502,090,000 after acquiring an additional 298,408 shares during the last quarter. Nuveen LLC bought a new position in DuPont de Nemours during the 1st quarter worth approximately $531,037,000. Price T Rowe Associates Inc. MD grew its position in DuPont de Nemours by 21.9% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,159,807 shares of the basic materials company’s stock worth $310,656,000 after acquiring an additional 746,364 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in DuPont de Nemours by 1.1% in the 1st quarter. Bank of New York Mellon Corp now owns 3,347,098 shares of the basic materials company’s stock worth $249,961,000 after buying an additional 37,327 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in DuPont de Nemours by 2.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,190,172 shares of the basic materials company’s stock worth $238,200,000 after buying an additional 83,147 shares during the period. 73.96% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on DD shares. BMO Capital Markets lowered their target price on DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating for the company in a research note on Friday, September 19th. KeyCorp lifted their target price on DuPont de Nemours from $92.00 to $93.00 and gave the stock an “overweight” rating in a report on Monday, September 22nd. UBS Group lifted their target price on DuPont de Nemours from $87.00 to $89.00 and gave the stock a “buy” rating in a report on Monday, July 21st. Citigroup lifted their price objective on DuPont de Nemours from $85.00 to $93.00 in a report on Friday, September 19th. Finally, Wells Fargo & Company lifted their target price on DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a research report on Monday, July 14th. Nine equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $88.33.

Insider Activity

In related news, SVP Steven P. Larrabee sold 43,208 shares of the company’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $77.17, for a total value of $3,334,361.36. Following the transaction, the senior vice president directly owned 38,585 shares of the company’s stock, valued at $2,977,604.45. This represents a 52.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last 90 days, insiders sold 74,208 shares of company stock valued at $5,714,861. 0.61% of the stock is owned by corporate insiders.

DuPont de Nemours Trading Up 2.2%

DD opened at $76.17 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 1.41. The stock has a market cap of $31.89 billion, a price-to-earnings ratio of -162.06, a P/E/G ratio of 2.20 and a beta of 1.07. The stock’s 50 day moving average price is $75.23 and its 200-day moving average price is $70.90. DuPont de Nemours, Inc. has a one year low of $53.77 and a one year high of $90.06.

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

DuPont de Nemours 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.