Empirical Financial Services LLC d.b.a. Empirical Wealth Management Acquires Shares of 2,943 DuPont de Nemours, Inc. $DD

Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in DuPont de Nemours, Inc. (NYSE:DD) during the second quarter, HoldingsChannel reports. The fund acquired 2,943 shares of the basic materials company’s stock, valued at approximately $202,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DD. Brighton Jones LLC grew its holdings in DuPont de Nemours by 19.6% in the 4th quarter. Brighton Jones LLC now owns 5,012 shares of the basic materials company’s stock valued at $382,000 after buying an additional 822 shares in the last quarter. Miracle Mile Advisors LLC grew its holdings in DuPont de Nemours by 11.2% in the 1st quarter. Miracle Mile Advisors LLC now owns 15,469 shares of the basic materials company’s stock valued at $1,155,000 after buying an additional 1,554 shares in the last quarter. First Citizens Bank & Trust Co. grew its holdings in DuPont de Nemours by 5.8% in the 1st quarter. First Citizens Bank & Trust Co. now owns 5,338 shares of the basic materials company’s stock valued at $399,000 after buying an additional 294 shares in the last quarter. Pallas Capital Advisors LLC grew its holdings in DuPont de Nemours by 64.8% in the 1st quarter. Pallas Capital Advisors LLC now owns 10,785 shares of the basic materials company’s stock valued at $805,000 after buying an additional 4,240 shares in the last quarter. Finally, Accurate Wealth Management LLC grew its holdings in DuPont de Nemours by 13.5% in the 1st quarter. Accurate Wealth Management LLC now owns 4,431 shares of the basic materials company’s stock valued at $331,000 after buying an additional 528 shares in the last quarter. 73.96% of the stock is owned by institutional investors and hedge funds.

DuPont de Nemours Price Performance

Shares of DD stock opened at $78.95 on Wednesday. The company has a quick ratio of 0.94, a current ratio of 1.41 and a debt-to-equity ratio of 0.23. DuPont de Nemours, Inc. has a twelve month low of $53.77 and a twelve month high of $87.80. The company 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 has a fifty day simple moving average of $75.70 and a 200 day simple moving average of $71.02.

DuPont de Nemours (NYSE:DD) last announced 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. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%.The business had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.23 billion. During the same period in the prior year, the company earned $0.97 EPS. DuPont de Nemours’s revenue for the quarter was up 2.7% on a year-over-year basis. 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, sell-side analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently issued reports on DD shares. Weiss Ratings reissued a “hold (c-)” rating on shares of DuPont de Nemours in a report on Saturday, September 27th. Mizuho increased their target price on DuPont de Nemours from $80.00 to $85.00 and gave the stock an “outperform” rating in a report on Tuesday, July 15th. Wells Fargo & Company increased their target price on DuPont de Nemours from $81.00 to $90.00 and gave the stock an “overweight” rating in a report on Monday, July 14th. UBS Group increased 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. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $94.00 target price on shares of DuPont de Nemours in a report on Friday, September 19th. Nine research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $88.33.

Insider Buying and Selling at DuPont de Nemours

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 completion of the transaction, the senior vice president directly owned 38,585 shares in the company, valued at approximately $2,977,604.45. This trade represents a 52.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last ninety days, insiders sold 74,208 shares of company stock worth $5,714,861. 0.61% of the stock is owned by corporate insiders.

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.