DuPont de Nemours, Inc. $DD Shares Sold by First United Bank & Trust

Key Points

• First United Bank & Trust reduced its stake in DuPont by 56.6% in Q2, owning 2,981 shares worth $204,000 after selling 3,894 shares.
• Multiple investors, including Chicago Capital LLC and Janney Montgomery Scott LLC, have increased their positions in DuPont, with institutional investors now owning 73.96% of the stock.
• DuPont reported a Q2 EPS of $1.12, exceeding estimates and indicating a 2.7% year-over-year revenue growth, but has a negative net margin of 1.54%.

First United Bank & Trust lessened its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 56.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,981 shares of the basic materials company's stock after selling 3,894 shares during the period. First United Bank & Trust's holdings in DuPont de Nemours were worth $204,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Chicago Capital LLC grew its stake in shares of DuPont de Nemours by 30.5% during the second quarter. Chicago Capital LLC now owns 6,038 shares of the basic materials company's stock worth $414,000 after acquiring an additional 1,411 shares during the last quarter. Trivium Point Advisory LLC boosted its stake in DuPont de Nemours by 9.6% in the 2nd quarter. Trivium Point Advisory LLC now owns 3,439 shares of the basic materials company's stock worth $236,000 after purchasing an additional 300 shares in the last quarter. Capital Investment Advisors LLC grew its position in DuPont de Nemours by 3.8% during the 2nd quarter. Capital Investment Advisors LLC now owns 10,385 shares of the basic materials company's stock worth $712,000 after purchasing an additional 378 shares during the last quarter. Spartan Planning & Wealth Management acquired a new position in DuPont de Nemours during the 2nd quarter valued at approximately $279,000. Finally, Janney Montgomery Scott LLC raised its holdings in shares of DuPont de Nemours by 18.5% in the second quarter. Janney Montgomery Scott LLC now owns 136,118 shares of the basic materials company's stock worth $9,336,000 after buying an additional 21,263 shares during the last quarter. 73.96% of the stock is owned by institutional investors and hedge funds.

Insider Activity at DuPont de Nemours

In other news, SVP Steven P. Larrabee sold 43,208 shares of the firm's stock in a transaction that occurred on 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 transaction, the senior vice president owned 38,585 shares in the company, valued at $2,977,604.45. This trade represents a 52.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders sold a total of 74,208 shares of company stock worth $5,714,861 over the last ninety days. 0.61% of the stock is owned by corporate insiders.

DuPont de Nemours Stock Up 1.1%

DuPont de Nemours stock opened at $77.03 on Tuesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.41 and a quick ratio of 0.94. The stock has a market capitalization of $32.25 billion, a PE ratio of -163.89, a price-to-earnings-growth ratio of 2.20 and a beta of 1.07. The business has a 50 day simple moving average of $75.25 and a 200-day simple moving average of $70.87. DuPont de Nemours, Inc. has a 12 month low of $53.77 and a 12 month high of $89.89.

DuPont de Nemours (NYSE:DD - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $1.12 EPS for the quarter, topping 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 company had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.23 billion. During the same quarter in the previous year, the firm earned $0.97 EPS. The firm's revenue was up 2.7% compared to the same quarter last year. 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, analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

Wall Street Analyst Weigh In

DD has been the topic of several research reports. Wells Fargo & Company upped their target price on DuPont de Nemours from $81.00 to $90.00 and gave the company an "overweight" rating in a research report on Monday, July 14th. Mizuho raised their price target 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. KeyCorp increased their price target on DuPont de Nemours from $92.00 to $93.00 and gave the stock an "overweight" rating in a research report on Monday, September 22nd. BMO Capital Markets lowered their target price on DuPont de Nemours from $107.00 to $104.00 and set an "outperform" rating on the stock in a research note on Friday, September 19th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and set a $94.00 price target on shares of DuPont de Nemours in a research report on Friday, September 19th. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, DuPont de Nemours currently has an average rating of "Moderate Buy" and a consensus 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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