DuPont de Nemours, Inc. $DD Shares Purchased by Ballentine Partners LLC

Key Points

• Ballentine Partners LLC significantly increased its stake in DuPont de Nemours, Inc. by 194.1%, now holding 66,225 shares valued at approximately $4.54 million.
• Insider selling activity has been notable, with SVP Steven P. Larrabee selling over 43,000 shares in mid-September, representing a 52.83% decrease in his holdings.
• DuPont's recent quarterly earnings showed a 2.7% year-over-year revenue growth and a reported EPS of $1.12, exceeding expectations by $0.06.

Ballentine Partners LLC lifted its holdings in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 194.1% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 66,225 shares of the basic materials company's stock after purchasing an additional 43,706 shares during the period. Ballentine Partners LLC's holdings in DuPont de Nemours were worth $4,542,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DD. Vermillion Wealth Management Inc. acquired a new position in DuPont de Nemours during the 4th quarter worth approximately $28,000. JNBA Financial Advisors grew its holdings in DuPont de Nemours by 132.5% during the 1st quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company's stock worth $28,000 after acquiring an additional 216 shares in the last quarter. Valley National Advisers Inc. grew its holdings in 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 acquiring an additional 248 shares in the last quarter. WPG Advisers LLC acquired a new position in DuPont de Nemours during the 1st quarter worth approximately $35,000. Finally, Ransom Advisory Ltd acquired a new position in DuPont de Nemours during the 1st quarter worth approximately $40,000. Institutional investors and hedge funds own 73.96% of the company's stock.

Insider Buying and Selling

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the company'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 in the company, valued at approximately $2,977,604.45. This represents a 52.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last ninety days, insiders have sold 74,208 shares of company stock valued at $5,714,861. 0.61% of the stock is owned by corporate insiders.

DuPont de Nemours Stock Down 0.9%

DD stock opened at $77.52 on Wednesday. The company has a fifty day moving average price of $75.18 and a 200 day moving average price of $70.92. DuPont de Nemours, Inc. has a 12 month low of $53.77 and a 12 month high of $90.06. The company has a market cap of $32.46 billion, a price-to-earnings ratio of -164.94, a price-to-earnings-growth ratio of 2.26 and a beta of 1.07. 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 (NYSE:DD - Get Free Report) last released its quarterly 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. 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 during the quarter, compared to the consensus estimate of $3.23 billion. During the same quarter in the prior year, the firm earned $0.97 EPS. DuPont de Nemours's revenue for the quarter 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. Sell-side analysts expect that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have commented on the stock. Mizuho boosted their price target on shares of DuPont de Nemours from $80.00 to $85.00 and gave the stock an "outperform" rating in a report on Tuesday, July 15th. Royal Bank Of Canada restated an "outperform" rating and set a $94.00 price objective on shares of DuPont de Nemours in a research report on Friday, September 19th. BMO Capital Markets lowered 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 report on Friday, September 19th. Citigroup upped their target price on shares of DuPont de Nemours from $85.00 to $93.00 in a report on Friday, September 19th. Finally, Wells Fargo & Company upped their target price on shares of DuPont de Nemours from $81.00 to $90.00 and gave the company an "overweight" rating in a report on Monday, July 14th. Nine equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $88.33.

DuPont de Nemours Company 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.

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