111 Capital cut its stake in shares of DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 20.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,583 shares of the basic materials company’s stock after selling 901 shares during the quarter. 111 Capital’s holdings in DuPont de Nemours were worth $246,000 at the end of the most recent reporting period.
Several other institutional investors have also made changes to their positions in the company. AdvisorNet Financial Inc grew its holdings in shares of DuPont de Nemours by 3.0% during the second quarter. AdvisorNet Financial Inc now owns 4,641 shares of the basic materials company’s stock valued at $318,000 after buying an additional 134 shares in the last quarter. Summit Financial LLC raised its position in DuPont de Nemours by 3.7% during the first quarter. Summit Financial LLC now owns 4,077 shares of the basic materials company’s stock valued at $304,000 after acquiring an additional 146 shares in the last quarter. Belpointe Asset Management LLC lifted its stake in shares of DuPont de Nemours by 1.8% in the 1st quarter. Belpointe Asset Management LLC now owns 8,749 shares of the basic materials company’s stock valued at $653,000 after purchasing an additional 152 shares during the last quarter. Ballast Inc. lifted its position in shares of DuPont de Nemours by 0.9% in the first quarter. Ballast Inc. now owns 17,754 shares of the basic materials company’s stock worth $1,326,000 after buying an additional 159 shares during the last quarter. Finally, GHP Investment Advisors Inc. lifted its holdings in DuPont de Nemours by 16.9% in the 1st quarter. GHP Investment Advisors Inc. now owns 1,173 shares of the basic materials company’s stock worth $88,000 after purchasing an additional 170 shares during the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.
Insider Activity
In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of DuPont de Nemours stock in a transaction dated 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 sale, 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 transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last 90 days, insiders 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 Price Performance
DuPont de Nemours (NYSE:DD – Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $1.12 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.06. The company had revenue of $3.26 billion for 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 revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the firm posted $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 research analysts forecast that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.
Analyst Upgrades and Downgrades
DD has been the subject of a number of recent analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of DuPont de Nemours in a report on Saturday, September 27th. UBS Group lifted their price target on shares of DuPont de Nemours from $87.00 to $89.00 and gave the stock a “buy” rating in a research note on Monday, July 21st. Wells Fargo & Company upped their price objective on DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, July 14th. KeyCorp increased their target price on shares of DuPont de Nemours from $92.00 to $93.00 and gave the stock an “overweight” rating in a research report on Monday, September 22nd. Finally, Citigroup raised their price target on DuPont de Nemours from $85.00 to $93.00 in a report on Friday, September 19th. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $88.33.
Check Out Our Latest Report on DD
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.
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