Accurate Wealth Management LLC Grows Holdings in DuPont de Nemours, Inc. $DD

Accurate Wealth Management LLC increased its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 30.4% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 5,776 shares of the basic materials company’s stock after purchasing an additional 1,345 shares during the period. Accurate Wealth Management LLC’s holdings in DuPont de Nemours were worth $440,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JNBA Financial Advisors raised its holdings in shares of DuPont de Nemours by 132.5% in the 1st quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company’s stock valued at $28,000 after buying an additional 216 shares during the period. Valley National Advisers Inc. increased its stake in 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 purchasing an additional 248 shares during the period. WPG Advisers LLC purchased a new stake in DuPont de Nemours during the first quarter worth about $35,000. Ransom Advisory Ltd acquired a new stake in shares of DuPont de Nemours during the first quarter worth about $40,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of DuPont de Nemours by 1,770.0% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 561 shares of the basic materials company’s stock valued at $42,000 after purchasing an additional 531 shares during the period. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Steven P. Larrabee sold 43,208 shares of the business’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 approximately $2,977,604.45. The trade was a 52.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 74,208 shares of company stock worth $5,714,861 over the last 90 days. 0.61% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on DD. Wells Fargo & Company upped their target price on shares of DuPont de Nemours from $81.00 to $90.00 and gave the stock an “overweight” rating in a research note on Monday, July 14th. BMO Capital Markets reduced their price objective on DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating on the stock in a research note on Friday, September 19th. Mizuho boosted their target price on DuPont de Nemours from $80.00 to $85.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 15th. Citigroup upped their price target on DuPont de Nemours from $85.00 to $93.00 in a report on Friday, September 19th. Finally, KeyCorp lifted their price objective on DuPont de Nemours from $92.00 to $93.00 and gave the company an “overweight” rating in a research note on Monday. Nine equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $88.33.

DuPont de Nemours Stock Down 1.6%

Shares of NYSE DD opened at $74.56 on Friday. The business has a 50-day moving average of $75.22 and a two-hundred day moving average of $70.93. The company has a market capitalization of $31.22 billion, a price-to-earnings ratio of -158.64, a price-to-earnings-growth 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.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings data on Tuesday, August 5th. The basic materials company reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $1.06 by $0.06. The business 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 business’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the prior 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, analysts forecast that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

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.