MBB Public Markets I LLC Purchases Shares of 4,073 DuPont de Nemours, Inc. $DD

Key Points

• MBB Public Markets I LLC acquired 4,073 shares of DuPont de Nemours, Inc., valued at approximately $304,000, in the first quarter, indicating growing interest in the company's stock.
• DuPont's recent quarterly earnings report showed an EPS of $1.12, beating analyst estimates of $1.06, alongside a revenue increase of 2.7% year-over-year.
• The firm announced a quarterly dividend of $0.41 per share, representing an annualized dividend yield of 2.2%, reflecting ongoing shareholder returns despite a -348.94% payout ratio.

MBB Public Markets I LLC purchased a new position in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 4,073 shares of the basic materials company's stock, valued at approximately $304,000.

Other institutional investors have also bought and sold shares of the company. Summit Financial LLC grew its holdings in DuPont de Nemours by 3.7% during the first quarter. Summit Financial LLC now owns 4,077 shares of the basic materials company's stock valued at $304,000 after purchasing an additional 146 shares during the period. Ballast Inc. lifted its position in shares of DuPont de Nemours by 0.9% during the 1st quarter. Ballast Inc. now owns 17,754 shares of the basic materials company's stock valued at $1,326,000 after buying an additional 159 shares during the last quarter. GHP Investment Advisors Inc. grew its stake in shares of DuPont de Nemours by 16.9% during the 1st quarter. GHP Investment Advisors Inc. now owns 1,173 shares of the basic materials company's stock worth $88,000 after acquiring an additional 170 shares during the period. Moody National Bank Trust Division increased its holdings in DuPont de Nemours by 0.9% in the 1st quarter. Moody National Bank Trust Division now owns 19,286 shares of the basic materials company's stock worth $1,440,000 after acquiring an additional 171 shares during the last quarter. Finally, HBK Sorce Advisory LLC increased its holdings in DuPont de Nemours by 3.6% in the 1st quarter. HBK Sorce Advisory LLC now owns 5,096 shares of the basic materials company's stock worth $381,000 after acquiring an additional 176 shares during the last quarter. Hedge funds and other institutional investors own 73.96% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. JPMorgan Chase & Co. upped their price objective on shares of DuPont de Nemours from $78.00 to $93.00 and gave the company an "overweight" rating in a report on Friday, May 16th. Citigroup boosted their price target on shares of DuPont de Nemours from $75.00 to $85.00 and gave the company a "buy" rating in a research report on Thursday, July 3rd. Mizuho raised their price objective on shares of DuPont de Nemours from $80.00 to $85.00 and gave the stock an "outperform" rating in a report on Tuesday, July 15th. UBS Group lifted their price objective on shares of 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 boosted their target price on shares of DuPont de Nemours from $81.00 to $90.00 and gave the company an "overweight" rating in a report on Monday, July 14th. Nine investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, DuPont de Nemours presently has an average rating of "Moderate Buy" and an average target price of $88.25.

Insiders Place Their Bets

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 6,000 shares of DuPont de Nemours stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $78.00, for a total transaction of $468,000.00. Following the completion of the sale, the senior vice president directly owned 42,585 shares in the company, valued at $3,321,630. The trade was a 12.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.61% of the stock is owned by corporate insiders.

DuPont de Nemours Price Performance

Shares of DD stock traded down $0.69 on Friday, reaching $77.30. The company's stock had a trading volume of 1,717,064 shares, compared to its average volume of 2,289,054. The company has a market capitalization of $32.37 billion, a P/E ratio of -164.47, a PEG ratio of 1.94 and a beta of 1.07. DuPont de Nemours, Inc. has a 12-month low of $53.77 and a 12-month high of $90.06. The stock's 50 day simple moving average is $74.78 and its 200-day simple moving average is $71.00. The company has a quick ratio of 0.94, a current ratio of 1.41 and a debt-to-equity ratio of 0.23.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted its 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. The business had revenue of $3.26 billion during the quarter, compared to analysts' expectations of $3.23 billion. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%.The firm's revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the business 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 earnings per share for the current fiscal year.

DuPont de Nemours Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Friday, August 29th. DuPont de Nemours's dividend payout ratio (DPR) is currently -348.94%.

DuPont de Nemours 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.