DuPont de Nemours, Inc. $DD Shares Sold by State of Wyoming

Key Points

• The State of Wyoming reduced its stake in DuPont de Nemours, Inc. by **81.1%**, owning only **860 shares** after selling **3,687 shares** in the 1st quarter.
• DuPont reported **$1.12 earnings per share** for the recent quarter, exceeding expectations, and had a revenue of **$3.26 billion**, reflecting a **2.7% increase** year-over-year.
• Several analysts have raised their price targets for DuPont, with the average consensus target now at **$88.25**, indicating a **"Moderate Buy"** rating for the stock.

State of Wyoming trimmed its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 81.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 860 shares of the basic materials company's stock after selling 3,687 shares during the quarter. State of Wyoming's holdings in DuPont de Nemours were worth $64,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Vanguard Group Inc. raised its stake in shares of DuPont de Nemours by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 46,894,623 shares of the basic materials company's stock worth $3,502,090,000 after buying an additional 298,408 shares during the period. Nuveen LLC acquired a new position in shares of DuPont de Nemours during the 1st quarter worth approximately $531,037,000. Price T Rowe Associates Inc. MD raised its stake in shares of DuPont de Nemours by 21.9% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,159,807 shares of the basic materials company's stock worth $310,656,000 after buying an additional 746,364 shares during the period. Bank of New York Mellon Corp raised its stake in shares of DuPont de Nemours by 1.1% during the 1st quarter. Bank of New York Mellon Corp now owns 3,347,098 shares of the basic materials company's stock worth $249,961,000 after buying an additional 37,327 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of DuPont de Nemours by 2.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,190,172 shares of the basic materials company's stock worth $238,200,000 after buying an additional 83,147 shares during the period. 73.96% of the stock is owned by institutional investors and hedge funds.

DuPont de Nemours Stock Performance

Shares of DD traded down $0.42 during trading hours on Friday, hitting $77.57. The stock had a trading volume of 676,086 shares, compared to its average volume of 2,888,615. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 1.41. The firm has a 50-day moving average price of $74.71 and a 200 day moving average price of $71.10. DuPont de Nemours, Inc. has a fifty-two week low of $53.77 and a fifty-two week high of $90.06. The firm has a market capitalization of $32.48 billion, a price-to-earnings ratio of -165.00, a PEG ratio of 1.89 and a beta of 1.07.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted its earnings results 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. DuPont de Nemours had a negative net margin of 1.54% and a positive return on equity of 7.85%. The firm had revenue of $3.26 billion during the quarter, compared to analysts' expectations of $3.23 billion. During the same period in the previous year, the business posted $0.97 EPS. The business's revenue 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. As a group, research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Announces Dividend

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

Analyst Ratings Changes

Several brokerages recently commented on DD. Mizuho boosted their price target 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. JPMorgan Chase & Co. upped their price target on DuPont de Nemours from $78.00 to $93.00 and gave the company an "overweight" rating in a research note on Friday, May 16th. Citigroup increased their target price on DuPont de Nemours from $75.00 to $85.00 and gave the stock a "buy" rating in a research note on Thursday, July 3rd. Royal Bank Of Canada increased their price target on DuPont de Nemours from $93.00 to $94.00 and gave the company an "outperform" rating in a research report on Friday, August 8th. Finally, KeyCorp increased their price objective on DuPont de Nemours from $87.00 to $92.00 and gave the company an "overweight" rating in a report on Wednesday, August 6th. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $88.25.

Insiders Place Their Bets

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 25,000 shares of the company's stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $76.50, for a total transaction of $1,912,500.00. Following the completion of the transaction, the senior vice president directly owned 48,585 shares in the company, valued at approximately $3,716,752.50. This represents a 33.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.61% of the company's stock.

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.