KLP Kapitalforvaltning AS Has $10.79 Million Stock Position in DuPont de Nemours, Inc. $DD

Key Points

• KLP Kapitalforvaltning AS increased its stake in DuPont de Nemours, Inc. by 3.4%, owning 157,376 shares valued at approximately $10.79 million.
• Many institutional investors have made significant changes to their positions in DuPont, with 73.96% of the company's stock now held by these entities.
• Analyst price targets for DuPont de Nemours have varied, with estimates ranging from $85.00 to $104.00, and a consensus rating of "Moderate Buy" based on recent research reports.

KLP Kapitalforvaltning AS grew its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 3.4% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 157,376 shares of the basic materials company's stock after purchasing an additional 5,200 shares during the quarter. KLP Kapitalforvaltning AS's holdings in DuPont de Nemours were worth $10,794,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. JNBA Financial Advisors boosted its stake in shares of 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 during the period. Valley National Advisers Inc. boosted its stake in shares of 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 during the period. WPG Advisers LLC bought a new position in shares of DuPont de Nemours during the 1st quarter worth approximately $35,000. Ransom Advisory Ltd bought a new position in shares of DuPont de Nemours during the 1st quarter worth approximately $40,000. Finally, Richardson Capital Management LLC bought a new position in shares of DuPont de Nemours during the 1st quarter worth approximately $43,000. Institutional investors and hedge funds own 73.96% of the company's stock.

Analysts Set New Price Targets

DD has been the subject of several research analyst reports. BMO Capital Markets reduced their target price on DuPont de Nemours from $107.00 to $104.00 and set an "outperform" rating for the company in a research note on Friday, September 19th. Royal Bank Of Canada reiterated an "outperform" rating and set a $94.00 target price on shares of DuPont de Nemours in a research report on Friday, September 19th. KeyCorp upped their price objective 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. Wells Fargo & Company upped their price objective on DuPont de Nemours from $81.00 to $90.00 and gave the stock an "overweight" rating in a research report on Monday, July 14th. Finally, Mizuho upped their price objective on DuPont de Nemours from $80.00 to $85.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 15th. Nine analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $88.33.

DuPont de Nemours Stock Down 0.7%

Shares of DuPont de Nemours stock opened at $77.82 on Friday. DuPont de Nemours, Inc. has a one year low of $53.77 and a one year high of $87.80. 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's 50-day moving average is $75.94 and its 200 day moving average is $71.07. The firm has a market cap of $32.58 billion, a price-to-earnings ratio of -165.57, a PEG ratio of 2.26 and a beta of 1.08.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its 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 positive return on equity of 7.85% and a negative net margin of 1.54%.The company had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.23 billion. During the same quarter in the prior year, the company earned $0.97 EPS. The firm'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. Equities research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

Insider Transactions at DuPont de Nemours

In other DuPont de Nemours 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 value of $3,334,361.36. Following 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 74,208 shares of company stock valued at $5,714,861 in the last 90 days. 0.61% of the stock is currently owned by corporate insiders.

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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