Diligent Investors LLC Sells 4,353 Shares of DuPont de Nemours, Inc. $DD

Diligent Investors LLC lessened its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 39.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,573 shares of the basic materials company’s stock after selling 4,353 shares during the period. Diligent Investors LLC’s holdings in DuPont de Nemours were worth $451,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in DD. JNBA Financial Advisors raised its position 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 valued at $28,000 after purchasing an additional 216 shares during the period. Valley National Advisers Inc. boosted its holdings 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 period. WPG Advisers LLC acquired a new position in DuPont de Nemours in the 1st quarter valued at about $35,000. Ransom Advisory Ltd bought 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 holdings 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 acquiring an additional 531 shares during the period. Institutional investors and hedge funds own 73.96% of the company’s stock.

Wall Street Analysts Forecast Growth

DD has been the subject of a number of research analyst reports. KeyCorp boosted their price objective on DuPont de Nemours from $92.00 to $93.00 and gave the stock an “overweight” rating in a report on Monday, September 22nd. UBS Group upped their price objective on DuPont de Nemours from $87.00 to $89.00 and gave the company a “buy” rating in a report on Monday, July 21st. Wells Fargo & Company lifted their target price on DuPont de Nemours from $81.00 to $90.00 and gave the stock an “overweight” rating in a report on Monday, July 14th. Mizuho upped 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 note on Tuesday, July 15th. Finally, BMO Capital Markets lowered their price target on shares of 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 investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $88.33.

DuPont de Nemours Stock Down 1.4%

DuPont de Nemours stock opened at $79.82 on Friday. 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, Inc. has a 52-week low of $53.77 and a 52-week high of $88.21. 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 50 day moving average price of $75.49 and a two-hundred day moving average price of $70.96.

DuPont de Nemours (NYSE:DD) last announced its 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 for the quarter, compared to analyst estimates 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 for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the company 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. Equities analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

Insider Activity 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 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 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 SEC, which can be accessed through the SEC website. Insiders sold a total of 74,208 shares of company stock worth $5,714,861 in the last ninety days. 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.