Sowell Financial Services LLC Sells 147 Shares of DuPont de Nemours, Inc. $DD

Sowell Financial Services LLC lowered its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 2.5% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,673 shares of the basic materials company’s stock after selling 147 shares during the quarter. Sowell Financial Services LLC’s holdings in DuPont de Nemours were worth $389,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Kaufman Rossin Wealth LLC bought a new position in shares of DuPont de Nemours during the 2nd quarter valued at approximately $272,000. Farther Finance Advisors LLC grew its holdings in DuPont de Nemours by 8.7% during the second quarter. Farther Finance Advisors LLC now owns 8,018 shares of the basic materials company’s stock valued at $550,000 after purchasing an additional 642 shares during the period. Busey Bank purchased a new stake in DuPont de Nemours in the second quarter worth $288,000. Butensky & Cohen Financial Security Inc. raised its stake in shares of DuPont de Nemours by 4.7% in the second quarter. Butensky & Cohen Financial Security Inc. now owns 61,069 shares of the basic materials company’s stock valued at $4,189,000 after buying an additional 2,764 shares during the period. Finally, IFM Investors Pty Ltd lifted its position in shares of DuPont de Nemours by 1.3% during the 2nd quarter. IFM Investors Pty Ltd now owns 105,940 shares of the basic materials company’s stock valued at $7,266,000 after buying an additional 1,365 shares during the last quarter. Institutional investors own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on DD. Citigroup lifted their price objective on DuPont de Nemours from $85.00 to $93.00 in a report on Friday, September 19th. Mizuho boosted their price target on shares of DuPont de Nemours from $80.00 to $85.00 and gave the company an “outperform” rating in a research report on Tuesday, July 15th. KeyCorp raised their price objective on shares of DuPont de Nemours from $92.00 to $93.00 and gave the stock an “overweight” rating in a report on Monday. UBS Group lifted their price objective on shares of DuPont de Nemours from $87.00 to $89.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Finally, BMO Capital Markets dropped 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. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $88.33.

DuPont de Nemours Price Performance

NYSE:DD opened at $74.56 on Friday. DuPont de Nemours, Inc. has a 52-week low of $53.77 and a 52-week high of $90.06. The stock has a fifty day moving average of $75.22 and a 200 day moving average of $70.93. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 1.41. The firm has a market capitalization of $31.22 billion, a price-to-earnings ratio of -158.64, a P/E/G ratio of 2.19 and a beta of 1.07.

DuPont de Nemours (NYSE:DD) last released 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 positive return on equity of 7.85% and a negative net margin of 1.54%.The firm had revenue of $3.26 billion for the quarter, compared to analysts’ expectations of $3.23 billion. During the same quarter last year, the firm posted $0.97 EPS. The company’s revenue was up 2.7% compared to the same quarter last year. 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 EPS for the current fiscal year.

Insider Transactions at DuPont de Nemours

In other DuPont de Nemours 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 value of $3,334,361.36. Following the completion of the transaction, the senior vice president owned 38,585 shares of the company’s stock, valued at $2,977,604.45. The trade was a 52.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 74,208 shares of company stock worth $5,714,861 in the last three months. Insiders own 0.61% of the company’s stock.

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.