Diligent Investors LLC Decreases Holdings in DuPont de Nemours, Inc. $DD

Diligent Investors LLC lowered its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 39.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,573 shares of the basic materials company’s stock after selling 4,353 shares during the period. Diligent Investors LLC’s holdings in DuPont de Nemours were worth $451,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. JNBA Financial Advisors raised its stake in shares of DuPont de Nemours by 132.5% in the first quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company’s stock valued at $28,000 after buying an additional 216 shares during the period. Valley National Advisers Inc. increased its holdings in DuPont de Nemours by 145.0% in the 1st quarter. Valley National Advisers Inc. now owns 419 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 248 shares during the last quarter. WPG Advisers LLC bought a new stake in DuPont de Nemours in the 1st quarter valued at about $35,000. Ransom Advisory Ltd purchased a new stake in DuPont de Nemours during the first quarter valued at about $40,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in DuPont de Nemours by 1,770.0% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 561 shares of the basic materials company’s stock worth $42,000 after purchasing an additional 531 shares during the period. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Insider Transactions at DuPont de Nemours

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of DuPont de Nemours 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 completion of the sale, the senior vice president directly owned 38,585 shares in the company, valued at $2,977,604.45. The trade was a 52.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold 74,208 shares of company stock worth $5,714,861 in the last three months. Insiders own 0.61% of the company’s stock.

DuPont de Nemours Price Performance

NYSE:DD opened at $79.82 on Friday. DuPont de Nemours, Inc. has a 52-week low of $53.77 and a 52-week high of $88.21. The stock has a fifty day moving average of $75.49 and a 200 day moving average of $70.96. 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 firm has a market capitalization of $33.42 billion, a price-to-earnings ratio of -169.84, a P/E/G ratio of 2.30 and a beta of 1.08.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share for the quarter, beating 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 positive return on equity of 7.85% and a negative net margin of 1.54%.The company’s revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.97 EPS. 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, research analysts expect that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Mizuho upped their price target on shares of DuPont de Nemours from $80.00 to $85.00 and gave the company an “outperform” rating in a research note on Tuesday, July 15th. Weiss Ratings reissued a “hold (c-)” rating on shares of DuPont de Nemours in a report on Saturday, September 27th. Wells Fargo & Company raised their price target on DuPont de Nemours from $81.00 to $90.00 and gave the stock an “overweight” rating in a report on Monday, July 14th. KeyCorp lifted their price target on DuPont de Nemours from $92.00 to $93.00 and gave the company an “overweight” rating in a research report on Monday, September 22nd. Finally, UBS Group increased their price objective on DuPont de Nemours from $87.00 to $89.00 and gave the stock a “buy” rating in a report on Monday, July 21st. Nine analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $88.33.

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.