Venture Visionary Partners LLC Lowers Position in DuPont de Nemours, Inc. $DD

Key Points

• Venture Visionary Partners LLC reduced its stake in DuPont de Nemours by 45.3%, selling 7,369 shares to own 8,889 shares worth approximately $664,000 as of the end of the first quarter.
• DuPont de Nemours reported earnings of $1.12 EPS for the previous quarter, exceeding analyst expectations of $1.06, with a revenue increase of 2.7% year-over-year.
• The company announced a quarterly dividend of $0.41 per share, reflecting an annual yield of 2.2%, with the ex-dividend date set for August 29th.

Venture Visionary Partners LLC cut its stake in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 45.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,889 shares of the basic materials company's stock after selling 7,369 shares during the period. Venture Visionary Partners LLC's holdings in DuPont de Nemours were worth $664,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Credit Agricole S A lifted its holdings in shares of DuPont de Nemours by 28.7% during the first quarter. Credit Agricole S A now owns 146,342 shares of the basic materials company's stock valued at $10,929,000 after purchasing an additional 32,619 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in shares of DuPont de Nemours by 4.5% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 8,988 shares of the basic materials company's stock valued at $671,000 after purchasing an additional 386 shares during the last quarter. Texas Capital Bank Wealth Management Services Inc purchased a new position in shares of DuPont de Nemours during the first quarter valued at approximately $287,000. Bank OZK lifted its holdings in shares of DuPont de Nemours by 13.9% during the first quarter. Bank OZK now owns 27,103 shares of the basic materials company's stock valued at $2,024,000 after purchasing an additional 3,303 shares during the last quarter. Finally, Wellington Management Group LLP purchased a new position in shares of DuPont de Nemours during the first quarter valued at approximately $5,751,000. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

DuPont de Nemours Trading Up 0.9%

NYSE:DD opened at $74.4540 on Thursday. The company has a current ratio of 1.41, a quick ratio of 0.94 and a debt-to-equity ratio of 0.23. DuPont de Nemours, Inc. has a 12 month low of $53.77 and a 12 month high of $90.06. The company has a market cap of $31.18 billion, a PE ratio of -158.41, a price-to-earnings-growth ratio of 1.84 and a beta of 1.06. The company has a 50 day simple moving average of $72.08 and a two-hundred day simple moving average of $71.49.

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 analysts' consensus estimates 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 business had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.23 billion. During the same quarter in the previous year, the firm posted $0.97 EPS. The firm's revenue was up 2.7% on a year-over-year basis. DuPont de Nemours has set its FY 2025 guidance at 4.400-4.400 EPS. Q3 2025 guidance at 1.150-1.150 EPS. Research analysts forecast that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 29th will be given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Friday, August 29th. DuPont de Nemours's payout ratio is -348.94%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on DD. Wells Fargo & Company lifted 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. Mizuho lifted their target price on shares of DuPont de Nemours from $80.00 to $85.00 and gave the company an "outperform" rating in a report on Tuesday, July 15th. Morgan Stanley lowered their target price on shares of DuPont de Nemours from $94.00 to $80.00 and set an "equal weight" rating for the company in a report on Monday, May 5th. KeyCorp raised their price target on shares of DuPont de Nemours from $87.00 to $92.00 and gave the company an "overweight" rating in a research report on Wednesday, August 6th. Finally, JPMorgan Chase & Co. raised their price target on shares of DuPont de Nemours from $78.00 to $93.00 and gave the company an "overweight" rating in a research report on Friday, May 16th. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $88.25.

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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