Kaufman Rossin Wealth LLC Takes $272,000 Position in DuPont de Nemours, Inc. $DD

Key Points

• Kaufman Rossin Wealth LLC acquired nearly 4,000 shares of DuPont de Nemours, Inc., valued at approximately $272,000, in the second quarter.
• DuPont reported a quarterly earnings per share (EPS) of $1.12, exceeding analysts' expectations, and has set its FY 2025 guidance at 4.400 EPS.
• The company recently announced a quarterly dividend of $0.41 per share, representing an annualized yield of 2.1%.

Kaufman Rossin Wealth LLC bought a new position in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 3,964 shares of the basic materials company's stock, valued at approximately $272,000.

Several other hedge funds and other institutional investors have also made changes to their positions in DD. Vermillion Wealth Management Inc. purchased a new position in DuPont de Nemours during the 4th quarter worth approximately $28,000. JNBA Financial Advisors grew its stake in shares of DuPont de Nemours by 132.5% in the 1st quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company's stock valued at $28,000 after purchasing an additional 216 shares during the last quarter. Valley National Advisers Inc. boosted its stake in shares of DuPont de Nemours by 145.0% in the first quarter. Valley National Advisers Inc. now owns 419 shares of the basic materials company's stock valued at $31,000 after buying an additional 248 shares in the last quarter. Pinney & Scofield Inc. purchased a new stake in shares of DuPont de Nemours in the fourth quarter valued at approximately $36,000. Finally, WPG Advisers LLC purchased a new stake in shares of DuPont de Nemours in the first quarter valued at approximately $35,000. Institutional investors and hedge funds own 73.96% of the company's stock.

DuPont de Nemours Stock Up 0.3%

NYSE DD traded up $0.23 on Monday, hitting $78.33. 4,730,493 shares of the stock traded hands, compared to its average volume of 2,932,148. The company has a current ratio of 1.41, a quick ratio of 0.94 and a debt-to-equity ratio of 0.23. The stock has a 50-day moving average of $75.05 and a 200 day moving average of $70.87. The company has a market capitalization of $32.80 billion, a P/E ratio of -166.66, a price-to-earnings-growth ratio of 1.95 and a beta of 1.07. DuPont de Nemours, Inc. has a twelve month low of $53.77 and a twelve month high of $90.06.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share 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 business had revenue of $3.26 billion for the quarter, compared to analysts' expectations of $3.23 billion. During the same period in the prior year, the firm earned $0.97 EPS. The business's quarterly revenue 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. As a group, analysts expect that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, August 29th were given a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, August 29th. DuPont de Nemours's dividend payout ratio (DPR) is currently -348.94%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on DD. Citigroup lifted their price objective on DuPont de Nemours from $85.00 to $93.00 in a report on Friday. Mizuho boosted their price target on 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 reaffirmed an "outperform" rating and issued a $94.00 price objective on shares of DuPont de Nemours in a research report on Friday. BMO Capital Markets lowered their price objective on DuPont de Nemours from $107.00 to $104.00 and set an "outperform" rating for the company in a research report on Friday. Finally, KeyCorp boosted their price target on DuPont de Nemours from $92.00 to $93.00 and gave the company an "overweight" rating in a research report on Monday. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, DuPont de Nemours has a consensus rating of "Moderate Buy" and a consensus target price of $88.33.

Insiders Place Their Bets

In related news, SVP Steven P. Larrabee sold 43,208 shares of DuPont de Nemours stock in a transaction dated 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 sale, the senior vice president directly owned 38,585 shares of the company's stock, 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold 74,208 shares of company stock worth $5,714,861 over the last 90 days. 0.61% of the stock is owned by company insiders.

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.