Janney Montgomery Scott LLC Has $9.34 Million Position in DuPont de Nemours, Inc. $DD

Key Points

• Janney Montgomery Scott LLC increased its stake in DuPont de Nemours, Inc. by 18.5% in Q2, owning a total of 136,118 shares valued at approximately $9.34 million.
• Insider trading activity saw SVP Steven P. Larrabee sell 43,208 shares at an average price of $77.17, reflecting a significant 52.83% decrease in his holdings.
• DuPont reported a quarterly EPS of $1.12, exceeding analysts' forecasts, with revenue growth of 2.7% compared to the previous year.

Janney Montgomery Scott LLC lifted its holdings in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 18.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 136,118 shares of the basic materials company's stock after purchasing an additional 21,263 shares during the quarter. Janney Montgomery Scott LLC's holdings in DuPont de Nemours were worth $9,336,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FARMERS & MERCHANTS TRUST Co OF LONG BEACH bought a new stake in DuPont de Nemours during the 2nd quarter worth about $245,000. V Square Quantitative Management LLC increased its position in DuPont de Nemours by 11.3% during the 2nd quarter. V Square Quantitative Management LLC now owns 5,902 shares of the basic materials company's stock worth $405,000 after buying an additional 599 shares during the period. Fort Washington Investment Advisors Inc. OH grew its holdings in shares of DuPont de Nemours by 10.7% during the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 1,696,998 shares of the basic materials company's stock worth $116,397,000 after purchasing an additional 164,120 shares in the last quarter. Brown Lisle Cummings Inc. grew its holdings in shares of DuPont de Nemours by 19.6% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 4,101 shares of the basic materials company's stock worth $281,000 after purchasing an additional 671 shares in the last quarter. Finally, Meridian Investment Counsel Inc. grew its holdings in shares of DuPont de Nemours by 0.9% during the 2nd quarter. Meridian Investment Counsel Inc. now owns 41,542 shares of the basic materials company's stock worth $2,849,000 after purchasing an additional 375 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company's stock.

Insider Transactions at DuPont de Nemours

In related 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 transaction of $3,334,361.36. Following the transaction, the senior vice president directly owned 38,585 shares in the company, valued at $2,977,604.45. This trade represents a 52.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last 90 days, insiders sold 74,208 shares of company stock worth $5,714,861. 0.61% of the stock is owned by company insiders.

DuPont de Nemours Price Performance

Shares of NYSE DD opened at $79.82 on Friday. The stock's 50-day simple moving average is $75.49 and its two-hundred day simple moving average is $70.96. DuPont de Nemours, Inc. has a twelve month low of $53.77 and a twelve month high of $88.21. The company has a quick ratio of 0.94, a current ratio of 1.41 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $33.42 billion, a P/E ratio of -169.84, a P/E/G ratio of 2.30 and a beta of 1.08.

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. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%.The firm had revenue of $3.26 billion during the quarter, compared to analysts' expectations of $3.23 billion. During the same period in the prior year, the business earned $0.97 EPS. The company's revenue for the quarter 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. As a group, equities analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently weighed in on DD shares. BMO Capital Markets reduced their price objective 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. Wells Fargo & Company increased their price target on DuPont de Nemours from $81.00 to $90.00 and gave the stock an "overweight" rating in a report on Monday, July 14th. Royal Bank Of Canada restated an "outperform" rating and set a $94.00 price objective on shares of DuPont de Nemours in a report on Friday, September 19th. Mizuho boosted their price objective on DuPont de Nemours from $80.00 to $85.00 and gave the company an "outperform" rating in a report on Tuesday, July 15th. Finally, UBS Group lifted their target price on DuPont de Nemours from $87.00 to $89.00 and gave the company a "buy" rating in a research report on Monday, July 21st. Nine investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, DuPont de Nemours currently has an average rating of "Moderate Buy" and a consensus 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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