Gratus Wealth Advisors LLC Sells 260 Shares of DuPont de Nemours, Inc. $DD

Gratus Wealth Advisors LLC trimmed its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 2.2% in the second quarter, HoldingsChannel reports. The firm owned 11,772 shares of the basic materials company’s stock after selling 260 shares during the period. Gratus Wealth Advisors LLC’s holdings in DuPont de Nemours were worth $807,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Nuveen LLC acquired a new stake in shares of DuPont de Nemours in the first quarter valued at $531,037,000. Assenagon Asset Management S.A. grew its holdings in DuPont de Nemours by 87.1% during the 1st quarter. Assenagon Asset Management S.A. now owns 1,980,833 shares of the basic materials company’s stock worth $147,929,000 after acquiring an additional 922,387 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in DuPont de Nemours by 21.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,159,807 shares of the basic materials company’s stock valued at $310,656,000 after acquiring an additional 746,364 shares in the last quarter. Strs Ohio acquired a new stake in DuPont de Nemours in the 1st quarter valued at about $54,934,000. Finally, Valeo Financial Advisors LLC raised its stake in shares of DuPont de Nemours by 9,614.8% in the second quarter. Valeo Financial Advisors LLC now owns 624,659 shares of the basic materials company’s stock worth $42,845,000 after acquiring an additional 618,229 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Stock Down 1.4%

DuPont de Nemours stock opened at $79.82 on Monday. The firm has a market capitalization of $33.42 billion, a price-to-earnings ratio of -169.84, a PEG ratio of 2.30 and a beta of 1.08. The company’s 50 day simple moving average is $75.49 and its 200 day simple moving average is $70.92. 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 fifty-two week low of $53.77 and a fifty-two week high of $88.21.

DuPont de Nemours (NYSE:DD) last posted its earnings results on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share for the quarter, topping 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 negative net margin of 1.54% and a positive return on equity of 7.85%. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period last year, the business 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. As a group, sell-side analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

Insiders Place Their Bets

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the business’s stock in a transaction dated Monday, September 15th. The stock was 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 directly owned 38,585 shares of the company’s stock, valued at approximately $2,977,604.45. The trade was a 52.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 74,208 shares of company stock worth $5,714,861 in the last 90 days. Insiders own 0.61% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. UBS Group increased their price target 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. Royal Bank Of Canada reiterated an “outperform” rating and issued a $94.00 price objective on shares of DuPont de Nemours in a research report on Friday, September 19th. BMO Capital Markets dropped their target price on 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 reaffirmed a “hold (c-)” rating on shares of DuPont de Nemours in a research note on Saturday, September 27th. Finally, Wells Fargo & Company raised their price target on DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, July 14th. Nine research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $88.33.

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.