DuPont de Nemours, Inc. $DD Shares Purchased by Butensky & Cohen Financial Security Inc.

Butensky & Cohen Financial Security Inc. increased its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 4.7% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 61,069 shares of the basic materials company’s stock after purchasing an additional 2,764 shares during the quarter. Butensky & Cohen Financial Security Inc.’s holdings in DuPont de Nemours were worth $4,189,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DD. Summit Financial LLC boosted its position in shares of DuPont de Nemours by 3.7% in the 1st quarter. Summit Financial LLC now owns 4,077 shares of the basic materials company’s stock valued at $304,000 after purchasing an additional 146 shares during the period. Belpointe Asset Management LLC boosted its position 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 period. Ballast Inc. boosted its position in DuPont de Nemours by 0.9% during the 1st quarter. Ballast Inc. now owns 17,754 shares of the basic materials company’s stock worth $1,326,000 after acquiring an additional 159 shares during the period. GHP Investment Advisors Inc. boosted its position in DuPont de Nemours by 16.9% during the 1st quarter. GHP Investment Advisors Inc. now owns 1,173 shares of the basic materials company’s stock worth $88,000 after acquiring an additional 170 shares during the period. Finally, Moody National Bank Trust Division boosted its position in DuPont de Nemours by 0.9% during the 1st quarter. Moody National Bank Trust Division now owns 19,286 shares of the basic materials company’s stock worth $1,440,000 after acquiring an additional 171 shares during the period. Institutional investors and hedge funds own 73.96% of the company’s stock.

Insider Buying and Selling at DuPont de Nemours

In other news, SVP Steven P. Larrabee sold 43,208 shares of DuPont de Nemours stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $77.17, for a total transaction of $3,334,361.36. Following the sale, the senior vice president owned 38,585 shares of the company’s stock, valued at approximately $2,977,604.45. This trade represents a 52.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last quarter, insiders sold 74,208 shares of company stock worth $5,714,861. 0.61% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have commented on DD. 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. Mizuho raised their price objective on DuPont de Nemours from $80.00 to $85.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 15th. UBS Group raised their price objective on DuPont de Nemours from $87.00 to $89.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. BMO Capital Markets decreased their price objective on DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating for the company in a research report on Friday. Finally, KeyCorp raised their price objective on DuPont de Nemours from $87.00 to $92.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 6th. Nine equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, DuPont de Nemours has a consensus rating of “Moderate Buy” and a consensus target price of $87.58.

DuPont de Nemours Stock Performance

Shares of NYSE DD opened at $78.27 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.41 and a debt-to-equity ratio of 0.23. The business’s 50 day moving average is $75.05 and its two-hundred day moving average is $70.98. The company has a market cap of $32.77 billion, a P/E ratio of -166.53, a P/E/G ratio of 1.94 and a beta of 1.07. DuPont de Nemours, Inc. has a 12 month low of $53.77 and a 12 month high of $90.06.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $1.12 EPS for the quarter, topping the consensus estimate of $1.06 by $0.06. The company had revenue of $3.26 billion for the quarter, compared to the consensus estimate 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 for the quarter was up 2.7% on a year-over-year basis. During the same period in the previous year, the business 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, equities analysts expect that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Friday, August 29th. DuPont de Nemours’s payout ratio is currently -348.94%.

About DuPont de Nemours

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.