DuPont de Nemours, Inc. $DD Shares Sold by Newman Dignan & Sheerar Inc.

Newman Dignan & Sheerar Inc. lessened its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 6.9% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 3,374 shares of the basic materials company’s stock after selling 249 shares during the period. Newman Dignan & Sheerar Inc.’s holdings in DuPont de Nemours were worth $231,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in DD. JNBA Financial Advisors raised its stake in shares of DuPont de Nemours by 132.5% during the 1st 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. raised its stake in shares of DuPont de Nemours by 145.0% during the 1st 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 1st quarter worth $35,000. Ransom Advisory Ltd acquired a new position in DuPont de Nemours in the 1st quarter valued at about $40,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its stake in 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 valued at $42,000 after purchasing an additional 531 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Stock Up 3.3%

DD opened at $80.83 on Friday. 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 market capitalization of $33.84 billion, a price-to-earnings ratio of -171.97, a price-to-earnings-growth ratio of 2.26 and a beta of 1.08. The business has a 50-day moving average of $75.41 and a two-hundred day moving average of $70.99. DuPont de Nemours, Inc. has a 12 month low of $53.77 and a 12 month high of $88.21.

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

Insider Activity

In other news, SVP Steven P. Larrabee sold 43,208 shares of the business’s stock in a transaction dated 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 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders sold 74,208 shares of company stock worth $5,714,861. 0.61% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

DD has been the subject of several analyst reports. Mizuho boosted their target price on shares of DuPont de Nemours from $80.00 to $85.00 and gave the company an “outperform” rating in a research note on Tuesday, July 15th. Royal Bank Of Canada reissued an “outperform” rating and issued a $94.00 target price on shares of DuPont de Nemours in a research note on Friday, September 19th. KeyCorp boosted their target price on shares of DuPont de Nemours from $92.00 to $93.00 and gave the company an “overweight” rating in a research note on Monday, September 22nd. Wells Fargo & Company boosted their target price on shares of DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, July 14th. Finally, Citigroup boosted their target price on shares of DuPont de Nemours from $85.00 to $93.00 in a research note on Friday, September 19th. Nine investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $88.33.

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.