Simplicity Wealth LLC Raises Stock Holdings in DuPont de Nemours, Inc. $DD

Simplicity Wealth LLC lifted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 195.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,884 shares of the basic materials company's stock after acquiring an additional 6,536 shares during the quarter. Simplicity Wealth LLC's holdings in DuPont de Nemours were worth $678,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Brighton Jones LLC increased its position in DuPont de Nemours by 19.6% in the fourth quarter. Brighton Jones LLC now owns 5,012 shares of the basic materials company's stock worth $382,000 after buying an additional 822 shares during the last quarter. Miracle Mile Advisors LLC increased its position in DuPont de Nemours by 11.2% in the first quarter. Miracle Mile Advisors LLC now owns 15,469 shares of the basic materials company's stock worth $1,155,000 after buying an additional 1,554 shares during the last quarter. First Citizens Bank & Trust Co. increased its position in DuPont de Nemours by 5.8% in the first quarter. First Citizens Bank & Trust Co. now owns 5,338 shares of the basic materials company's stock worth $399,000 after buying an additional 294 shares during the last quarter. Pallas Capital Advisors LLC increased its position in DuPont de Nemours by 64.8% in the first quarter. Pallas Capital Advisors LLC now owns 10,785 shares of the basic materials company's stock worth $805,000 after buying an additional 4,240 shares during the last quarter. Finally, Accurate Wealth Management LLC increased its position in DuPont de Nemours by 13.5% in the first quarter. Accurate Wealth Management LLC now owns 4,431 shares of the basic materials company's stock worth $331,000 after buying an additional 528 shares during the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on DD. 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 report on Monday, July 14th. Mizuho raised their target price 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. Royal Bank Of Canada reissued an "outperform" rating and issued a $94.00 target price on shares of DuPont de Nemours in a research report on Friday, September 19th. UBS Group raised their target price on DuPont de Nemours from $87.00 to $89.00 and gave the stock a "buy" rating in a research report on Monday, July 21st. Finally, Citigroup raised their price target on DuPont de Nemours from $85.00 to $93.00 in a report on Friday, September 19th. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $88.33.

Insider Transactions at DuPont de Nemours

In related news, SVP Steven P. Larrabee sold 43,208 shares of DuPont de Nemours stock in a transaction 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 completion of the sale, the senior vice president owned 38,585 shares of the company's stock, valued at approximately $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 accessible through the SEC website. Insiders sold a total of 74,208 shares of company stock worth $5,714,861 over the last three months. 0.61% of the stock is currently owned by company insiders.

DuPont de Nemours Price Performance

DuPont de Nemours stock opened at $78.95 on Wednesday. DuPont de Nemours, Inc. has a one year low of $53.77 and a one year high of $87.80. The business has a fifty day moving average price of $75.70 and a 200-day moving average price of $71.02. 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 firm has a market capitalization of $33.06 billion, a P/E ratio of -167.98, a PEG ratio of 2.33 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, beating the consensus estimate of $1.06 by $0.06. The company had revenue of $3.26 billion during the quarter, compared to analyst estimates 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 quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the company 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 research analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

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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