BDF Gestion Reduces Stock Position in DuPont de Nemours, Inc. $DD

BDF Gestion lowered its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 9.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,896 shares of the basic materials company’s stock after selling 2,822 shares during the period. BDF Gestion’s holdings in DuPont de Nemours were worth $1,776,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. IFM Investors Pty Ltd lifted its position in shares of DuPont de Nemours by 1.3% during the second quarter. IFM Investors Pty Ltd now owns 105,940 shares of the basic materials company’s stock worth $7,266,000 after acquiring an additional 1,365 shares in the last quarter. Moody National Bank Trust Division raised its position in shares of DuPont de Nemours by 1.4% in the second quarter. Moody National Bank Trust Division now owns 19,561 shares of the basic materials company’s stock worth $1,342,000 after buying an additional 275 shares in the last quarter. NorthCrest Asset Manangement LLC raised its position in shares of DuPont de Nemours by 26.7% in the second quarter. NorthCrest Asset Manangement LLC now owns 10,712 shares of the basic materials company’s stock worth $790,000 after buying an additional 2,257 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of DuPont de Nemours by 18.2% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 131,891 shares of the basic materials company’s stock worth $9,723,000 after buying an additional 20,351 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of DuPont de Nemours by 0.6% in the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 54,503 shares of the basic materials company’s stock worth $3,738,000 after buying an additional 307 shares in the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Insider Activity

In related news, SVP Steven P. Larrabee sold 43,208 shares of the firm’s stock in a transaction 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 transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold a total of 74,208 shares of company stock worth $5,714,861 over the last three months. Company insiders own 0.61% of the company’s stock.

Analyst Ratings Changes

DD has been the topic of a number of recent analyst reports. UBS Group increased their price objective on DuPont de Nemours from $87.00 to $89.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. KeyCorp increased their price objective on DuPont de Nemours from $87.00 to $92.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 6th. BMO Capital Markets lowered their price objective on DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating on the stock in a research report on Friday. Mizuho increased their price objective on DuPont de Nemours from $80.00 to $85.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 15th. Finally, Wells Fargo & Company increased their target price on DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, July 14th. Nine research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $87.58.

DuPont de Nemours Stock Performance

DuPont de Nemours stock opened at $78.27 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. DuPont de Nemours, Inc. has a 1-year low of $53.77 and a 1-year high of $90.06. The firm has a market capitalization of $32.77 billion, a P/E ratio of -166.53, a price-to-earnings-growth ratio of 1.94 and a beta of 1.07. The company’s 50-day moving average is $75.05 and its 200 day moving average is $70.98.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings data on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.06. DuPont de Nemours had a negative net margin of 1.54% and a positive return on equity of 7.85%. The firm had revenue of $3.26 billion for the quarter, compared to the consensus estimate of $3.23 billion. During the same period last year, the firm earned $0.97 earnings per share. 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. Research analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, August 29th. DuPont de Nemours’s dividend payout ratio (DPR) is -348.94%.

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.