Ameritas Advisory Services LLC raised its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 6.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,043 shares of the basic materials company’s stock after buying an additional 235 shares during the quarter. Ameritas Advisory Services LLC’s holdings in DuPont de Nemours were worth $277,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. JNBA Financial Advisors lifted its holdings in shares of DuPont de Nemours by 132.5% during the first quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company’s stock worth $28,000 after buying an additional 216 shares during the last quarter. Valley National Advisers Inc. lifted its holdings in shares of DuPont de Nemours by 145.0% during the first quarter. Valley National Advisers Inc. now owns 419 shares of the basic materials company’s stock worth $31,000 after buying an additional 248 shares during the last quarter. WPG Advisers LLC acquired a new position in shares of DuPont de Nemours during the first quarter worth approximately $35,000. Ransom Advisory Ltd acquired a new position in shares of DuPont de Nemours during the first quarter worth approximately $40,000. Finally, Richardson Capital Management LLC bought a new stake in shares of DuPont de Nemours during the first quarter valued at approximately $43,000. 73.96% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research firms have recently issued reports on DD. KeyCorp boosted their price objective 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. BMO Capital Markets lowered their price objective on DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating on the stock in a research report on Friday, September 19th. Royal Bank Of Canada restated an “outperform” rating and set a $94.00 price objective on shares of DuPont de Nemours in a research report on Friday, September 19th. Weiss Ratings restated a “hold (c-)” rating on shares of DuPont de Nemours in a research report on Saturday, September 27th. Finally, Wells Fargo & Company boosted their price objective 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 four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $88.33.
DuPont de Nemours Price Performance
DuPont de Nemours stock opened at $78.95 on Wednesday. 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 cap of $33.06 billion, a P/E ratio of -167.98, a P/E/G ratio of 2.33 and a beta of 1.08. The business’s fifty day moving average is $75.70 and its two-hundred day moving average is $71.02. DuPont de Nemours, Inc. has a 52 week low of $53.77 and a 52 week high of $87.80.
DuPont de Nemours (NYSE:DD – Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.06. The business 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%.The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the prior 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. Equities research analysts forecast that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the 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 transaction, the senior vice president owned 38,585 shares of the company’s stock, valued at approximately $2,977,604.45. This represents a 52.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold a total of 74,208 shares of company stock valued at $5,714,861 over the last quarter. Corporate insiders own 0.61% of the company’s stock.
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.
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