Park Avenue Securities LLC Takes $814,000 Position in DuPont de Nemours, Inc. $DD

Key Points

• Park Avenue Securities LLC acquired a new position in DuPont de Nemours, Inc. valued at approximately $814,000 during the second quarter.
• DuPont reported $1.12 earnings per share in its latest quarterly earnings, surpassing analyst expectations of $1.06.
• Several analysts have upgraded DuPont’s stock rating, with target prices raised to between $85.00 and $90.00, reflecting a "Moderate Buy" consensus.

Park Avenue Securities LLC acquired a new position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 11,873 shares of the basic materials company's stock, valued at approximately $814,000.

Other large investors also recently added to or reduced their stakes in the company. JNBA Financial Advisors increased its holdings in DuPont de Nemours by 132.5% in 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 last quarter. Valley National Advisers Inc. increased its holdings in DuPont de Nemours by 145.0% in 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 last quarter. WPG Advisers LLC purchased a new stake in DuPont de Nemours in the 1st quarter worth about $35,000. Ransom Advisory Ltd bought a new position in DuPont de Nemours in the 1st quarter worth about $40,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its stake in DuPont de Nemours by 1,770.0% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 561 shares of the basic materials company's stock worth $42,000 after purchasing an additional 531 shares during the period. Hedge funds and other institutional investors own 73.96% of the company's stock.

DuPont de Nemours Price Performance

DD opened at $76.17 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 1.41. DuPont de Nemours, Inc. has a 52-week low of $53.77 and a 52-week high of $90.06. The stock has a market capitalization of $31.89 billion, a PE ratio of -162.06, a price-to-earnings-growth ratio of 2.20 and a beta of 1.07. The stock's 50 day moving average price is $75.23 and its 200-day moving average price is $70.90.

DuPont de Nemours (NYSE:DD - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.06. The company had revenue of $3.26 billion for 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 for the quarter was up 2.7% on a year-over-year basis. During the same period in the prior year, the firm 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. On average, equities research analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

Insider Buying and Selling

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the business's stock in a transaction 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 sale, the senior vice president directly owned 38,585 shares of the company's stock, valued at approximately $2,977,604.45. The trade was a 52.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold 74,208 shares of company stock valued at $5,714,861 over the last 90 days. Insiders own 0.61% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Wells Fargo & Company raised their target price on DuPont de Nemours from $81.00 to $90.00 and gave the stock an "overweight" rating in a research note on Monday, July 14th. Mizuho boosted their price objective on 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 boosted their price objective on DuPont de Nemours from $87.00 to $89.00 and gave the stock a "buy" rating in a report on Monday, July 21st. BMO Capital Markets cut their price objective on DuPont de Nemours from $107.00 to $104.00 and set an "outperform" rating for the company in a report on Friday, September 19th. Finally, Citigroup boosted their price objective on DuPont de Nemours from $85.00 to $93.00 in a report on Friday, September 19th. Nine investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, DuPont de Nemours has an average rating of "Moderate Buy" and an average target price of $88.33.

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.

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