Public Employees Retirement System of Ohio Buys 12,082 Shares of DuPont de Nemours, Inc. $DD

Public Employees Retirement System of Ohio boosted its position in DuPont de Nemours, Inc. (NYSE:DD) by 5.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 234,686 shares of the basic materials company’s stock after buying an additional 12,082 shares during the period. Public Employees Retirement System of Ohio’s holdings in DuPont de Nemours were worth $16,097,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. JNBA Financial Advisors increased 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 valued at $28,000 after acquiring an additional 216 shares in the last quarter. Valley National Advisers Inc. grew its position 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 valued at $31,000 after purchasing an additional 248 shares during the period. WPG Advisers LLC bought a new stake in DuPont de Nemours during the 1st quarter valued at $35,000. Ransom Advisory Ltd acquired a new position in DuPont de Nemours during the first quarter worth $40,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of DuPont de Nemours by 1,770.0% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 561 shares of the basic materials company’s stock worth $42,000 after acquiring an additional 531 shares during the last quarter. 73.96% of the stock is owned by institutional investors and hedge funds.

DuPont de Nemours Trading Down 1.6%

Shares of DuPont de Nemours stock opened at $74.56 on Friday. The firm has a market cap of $31.22 billion, a PE ratio of -158.64, a P/E/G ratio of 2.19 and a beta of 1.07. DuPont de Nemours, Inc. has a 1 year low of $53.77 and a 1 year high of $90.06. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.41 and a quick ratio of 0.94. The stock has a fifty day moving average price of $75.22 and a 200-day moving average price of $70.93.

DuPont de Nemours (NYSE:DD) last posted 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. DuPont de Nemours had a negative net margin of 1.54% and a positive return on equity of 7.85%. The company had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.23 billion. During the same quarter in the prior year, the business earned $0.97 earnings per share. The firm’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. Equities research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

Wall Street Analyst Weigh In

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

Insider Buying and Selling at DuPont de Nemours

In other news, SVP Steven P. Larrabee sold 43,208 shares of the firm’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 completion of the sale, the senior vice president owned 38,585 shares in the company, valued at $2,977,604.45. This trade represents a 52.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last ninety days, insiders have sold 74,208 shares of company stock worth $5,714,861. 0.61% of the stock is owned by corporate insiders.

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.