Trust Co. of Vermont Has $824,000 Stake in DuPont de Nemours, Inc. $DD

Trust Co. of Vermont decreased its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 18.9% in the second quarter, Holdings Channel reports. The fund owned 12,015 shares of the basic materials company’s stock after selling 2,798 shares during the period. Trust Co. of Vermont’s holdings in DuPont de Nemours were worth $824,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of DuPont de Nemours by 0.6% during the first quarter. Vanguard Group Inc. now owns 46,894,623 shares of the basic materials company’s stock valued at $3,502,090,000 after buying an additional 298,408 shares during the last quarter. Nuveen LLC acquired a new position in shares of DuPont de Nemours during the first quarter valued at about $531,037,000. Price T Rowe Associates Inc. MD raised its position in shares of DuPont de Nemours by 21.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 4,159,807 shares of the basic materials company’s stock valued at $310,656,000 after buying an additional 746,364 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of DuPont de Nemours by 1.1% during the first quarter. Bank of New York Mellon Corp now owns 3,347,098 shares of the basic materials company’s stock valued at $249,961,000 after buying an additional 37,327 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of DuPont de Nemours by 2.7% during the first quarter. Dimensional Fund Advisors LP now owns 3,190,172 shares of the basic materials company’s stock valued at $238,200,000 after buying an additional 83,147 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

Insider Activity

In other news, SVP Steven P. Larrabee sold 43,208 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $77.17, for a total transaction of $3,334,361.36. Following the transaction, the senior vice president directly owned 38,585 shares in the company, valued at approximately $2,977,604.45. This represents a 52.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 74,208 shares of company stock worth $5,714,861 in the last quarter. 0.61% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on DD shares. KeyCorp upped their price objective on shares of DuPont de Nemours from $92.00 to $93.00 and gave the company an “overweight” rating in a research report on Monday, September 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $94.00 price objective on shares of DuPont de Nemours in a research report on Friday, September 19th. Mizuho upped their price objective on shares of DuPont de Nemours from $80.00 to $85.00 and gave the company an “outperform” rating in a research report on Tuesday, July 15th. BMO Capital Markets lowered 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 research note on Friday, September 19th. Finally, Wells Fargo & Company upped their target price on shares of DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, July 14th. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, DuPont de Nemours has a consensus rating of “Moderate Buy” and a consensus target price of $88.33.

DuPont de Nemours Price Performance

Shares of DuPont de Nemours stock opened at $78.23 on Thursday. The company has a current ratio of 1.41, a quick ratio of 0.94 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $32.76 billion, a price-to-earnings ratio of -166.45, a P/E/G ratio of 2.25 and a beta of 1.09. DuPont de Nemours, Inc. has a 1-year low of $53.77 and a 1-year high of $88.62. The firm’s 50-day moving average price is $75.29 and its two-hundred day moving average price is $70.97.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings data on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.06. The firm had revenue of $3.26 billion for the quarter, compared to analysts’ expectations of $3.23 billion. DuPont de Nemours had a negative net margin of 1.54% and a positive return on equity of 7.85%. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the firm 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 predict that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

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.