Appleton Partners Inc. MA lowered its position in DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 9.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,192 shares of the basic materials company’s stock after selling 2,769 shares during the quarter. Appleton Partners Inc. MA’s holdings in DuPont de Nemours were worth $1,797,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in DD. JNBA Financial Advisors increased its holdings in shares of DuPont de Nemours by 132.5% in the first quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 216 shares during the period. Valley National Advisers Inc. increased its holdings in shares of DuPont de Nemours by 145.0% in 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 bought a new position in shares of DuPont de Nemours in the first quarter worth $35,000. Ransom Advisory Ltd bought a new position in shares of DuPont de Nemours in the first quarter worth $40,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in 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 worth $42,000 after acquiring an additional 531 shares in the last quarter. Institutional investors own 73.96% of the company’s stock.
Analysts Set New Price Targets
Several research analysts recently issued reports on the stock. Citigroup upped their target price on shares of DuPont de Nemours from $85.00 to $93.00 in a research report on Friday, September 19th. BMO Capital Markets cut their target price on shares of DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating for the company in a research report on Friday, September 19th. Weiss Ratings reiterated a “hold (c-)” rating on shares of DuPont de Nemours in a research report on Saturday, September 27th. KeyCorp upped their target price on shares of DuPont de Nemours from $92.00 to $93.00 and gave the stock an “overweight” rating in a research report on Monday, September 22nd. Finally, Mizuho upped their target price on shares of DuPont de Nemours from $80.00 to $85.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 15th. Nine research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $88.33.
DuPont de Nemours Stock Performance
NYSE DD opened at $79.82 on Monday. The company has a 50-day simple moving average of $75.49 and a two-hundred day simple moving average of $70.92. The company has a quick ratio of 0.94, a current ratio of 1.41 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 firm has a market cap of $33.42 billion, a price-to-earnings ratio of -169.84, a PEG ratio of 2.30 and a beta of 1.08.
DuPont de Nemours (NYSE:DD – Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.23 billion. DuPont de Nemours had a negative net margin of 1.54% and a positive return on equity of 7.85%. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.97 earnings per share. 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 forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.
Insider Activity at DuPont de Nemours
In other news, SVP Steven P. Larrabee sold 43,208 shares of the company’s stock in a transaction dated 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 transaction, the senior vice president directly owned 38,585 shares of the company’s stock, valued at approximately $2,977,604.45. This represents a 52.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders have sold 74,208 shares of company stock worth $5,714,861 over the last ninety days. Corporate 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.
Recommended Stories
- Five stocks we like better than DuPont de Nemours
- What is the Dow Jones Industrial Average (DJIA)?
- 3 Defense Stocks Surging as Ukraine Tensions Deepen
- Airline Stocks – Top Airline Stocks to Buy Now
- Starbucks Stock Slumps; This Competitor Shows Strength
- Why Invest in 5G? How to Invest in 5G Stocks
- The Trade Desk: 2 Signs of a Comeback, 1 Risk Ahead
Want to see what other hedge funds are holding DD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DuPont de Nemours, Inc. (NYSE:DD – Free Report).
Receive News & Ratings for DuPont de Nemours Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DuPont de Nemours and related companies with MarketBeat.com's FREE daily email newsletter.