Penobscot Investment Management Company Inc. Sells 768 Shares of DuPont de Nemours, Inc. $DD

Penobscot Investment Management Company Inc. trimmed its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 6.0% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,126 shares of the basic materials company’s stock after selling 768 shares during the quarter. Penobscot Investment Management Company Inc.’s holdings in DuPont de Nemours were worth $832,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of DD. Brighton Jones LLC increased its stake in DuPont de Nemours by 19.6% during the 4th quarter. Brighton Jones LLC now owns 5,012 shares of the basic materials company’s stock worth $382,000 after purchasing an additional 822 shares in the last quarter. NBC Securities Inc. increased its stake in DuPont de Nemours by 112,200.0% during the 1st quarter. NBC Securities Inc. now owns 3,369 shares of the basic materials company’s stock worth $251,000 after purchasing an additional 3,366 shares in the last quarter. Merit Financial Group LLC increased its stake in DuPont de Nemours by 17.8% during the 1st quarter. Merit Financial Group LLC now owns 21,784 shares of the basic materials company’s stock worth $1,627,000 after purchasing an additional 3,288 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of DuPont de Nemours by 1,770.0% during 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 in the last quarter. Finally, Generali Investments Management Co LLC grew its stake in shares of DuPont de Nemours by 59.2% during the 1st quarter. Generali Investments Management Co LLC now owns 2,813 shares of the basic materials company’s stock worth $210,000 after acquiring an additional 1,046 shares in the last quarter. 73.96% of the stock is owned by institutional investors.

DuPont de Nemours Trading Down 1.4%

NYSE DD opened at $79.82 on Friday. The company has a market cap of $33.42 billion, a PE ratio of -169.84, a PEG ratio of 2.30 and a beta of 1.08. The company has a current ratio of 1.41, a quick ratio of 0.94 and a debt-to-equity ratio of 0.23. DuPont de Nemours, Inc. has a 12 month low of $53.77 and a 12 month high of $88.21. The stock has a 50 day moving average of $75.49 and a 200-day moving average of $70.96.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share (EPS) for the quarter, beating 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 quarter last year, the firm posted $0.97 EPS. The company’s quarterly revenue 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, equities research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on DD shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of DuPont de Nemours in a research note on Saturday, September 27th. Wells Fargo & Company raised their price target 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. Citigroup raised their price target on shares of DuPont de Nemours from $85.00 to $93.00 in a research note on Friday, September 19th. KeyCorp raised their price target on shares of DuPont de Nemours from $92.00 to $93.00 and gave the stock an “overweight” rating in a research note on Monday, September 22nd. Finally, UBS Group raised their price target on shares of DuPont de Nemours from $87.00 to $89.00 and gave the stock a “buy” rating in a research note on Monday, July 21st. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, DuPont de Nemours presently has a consensus rating of “Moderate Buy” and an average target price of $88.33.

Insider Transactions at DuPont de Nemours

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the firm’s stock in a transaction 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 completion of the sale, the senior vice president owned 38,585 shares of the company’s stock, 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 through this hyperlink. Over the last three months, insiders sold 74,208 shares of company stock worth $5,714,861. Company insiders own 0.61% of the company’s stock.

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.