Fort Washington Investment Advisors Inc. OH Purchases 164,120 Shares of DuPont de Nemours, Inc. $DD

Key Points

• Fort Washington Investment Advisors Inc. OH increased its holdings in DuPont de Nemours, Inc. by 10.7%, purchasing an additional 164,120 shares during the second quarter, bringing their total ownership to approximately $116.4 million.
• Several institutional investors have also increased their stakes in DuPont, with 73.96% of the company's stock now owned by institutional investors and hedge funds.
• DuPont recently reported quarterly earnings that exceeded analysts' expectations, with $1.12 earnings per share, compared to consensus estimates of $1.06, indicating a 2.7% year-over-year revenue growth.

Fort Washington Investment Advisors Inc. OH increased its position in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 10.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,696,998 shares of the basic materials company's stock after purchasing an additional 164,120 shares during the period. Fort Washington Investment Advisors Inc. OH owned about 0.41% of DuPont de Nemours worth $116,397,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Brighton Jones LLC grew its holdings in shares of DuPont de Nemours by 19.6% during the fourth quarter. Brighton Jones LLC now owns 5,012 shares of the basic materials company's stock worth $382,000 after purchasing an additional 822 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of DuPont de Nemours by 12.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 111,354 shares of the basic materials company's stock worth $8,491,000 after purchasing an additional 12,108 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in shares of DuPont de Nemours by 9.4% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 3,060 shares of the basic materials company's stock worth $229,000 after purchasing an additional 263 shares during the last quarter. Versant Capital Management Inc grew its holdings in shares of DuPont de Nemours by 557.3% during the first quarter. Versant Capital Management Inc now owns 4,128 shares of the basic materials company's stock worth $308,000 after purchasing an additional 3,500 shares during the last quarter. Finally, Central Pacific Bank Trust Division grew its holdings in shares of DuPont de Nemours by 16.2% during the first quarter. Central Pacific Bank Trust Division now owns 3,304 shares of the basic materials company's stock worth $247,000 after purchasing an additional 460 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company's stock.

Insider Buying and Selling

In related news, SVP Steven P. Larrabee sold 43,208 shares of the stock in a transaction that occurred on Monday, September 15th. The stock was 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 directly owned 38,585 shares of the company's stock, valued at approximately $2,977,604.45. This represents a 52.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold 74,208 shares of company stock worth $5,714,861 over the last ninety days. Corporate insiders own 0.61% of the company's stock.

DuPont de Nemours Stock Up 2.2%

Shares of DuPont de Nemours stock opened at $76.17 on Friday. DuPont de Nemours, Inc. has a 1 year low of $53.77 and a 1 year high of $90.06. The business has a 50-day moving average of $75.23 and a two-hundred day moving average of $70.90. The company has a market capitalization of $31.89 billion, a P/E ratio of -162.06, a price-to-earnings-growth ratio of 2.20 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 posted its quarterly earnings data on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.06 by $0.06. The business had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.23 billion. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%.DuPont de Nemours's quarterly revenue was up 2.7% on a year-over-year basis. During the same period last year, the company earned $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, equities analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on DD. KeyCorp upped their price target on DuPont de Nemours from $92.00 to $93.00 and gave the company an "overweight" rating in a research note on Monday, September 22nd. BMO Capital Markets cut their price target 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. Mizuho upped their price target on DuPont de Nemours from $80.00 to $85.00 and gave the company an "outperform" rating in a research note on Tuesday, July 15th. UBS Group upped their price target on DuPont de Nemours from $87.00 to $89.00 and gave the company a "buy" rating in a research note on Monday, July 21st. Finally, Wells Fargo & Company upped their price objective 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 three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $88.33.

About DuPont de Nemours

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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