Woodward Diversified Capital LLC Makes New Investment in DuPont de Nemours, Inc. $DD

Key Points

• Woodward Diversified Capital LLC purchased 4,939 shares of DuPont de Nemours, Inc., valued at approximately $339,000, during the 2nd quarter, as per its recent 13F filing with the SEC.
• Institutional investors now own 73.96% of DuPont's stock, with several firms significantly increasing their holdings in the company during the first quarter of the year.
• Analysts have upgraded DuPont's stock price targets, with UBS raising theirs from $87.00 to $89.00, while Citigroup increased theirs from $85.00 to $93.00, indicating strong market sentiment.

Woodward Diversified Capital LLC acquired a new position in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 4,939 shares of the basic materials company's stock, valued at approximately $339,000.

A number of other institutional investors have also made changes to their positions in DD. Nuveen LLC bought a new stake in shares of DuPont de Nemours in the 1st quarter valued at approximately $531,037,000. Assenagon Asset Management S.A. increased its holdings in shares of DuPont de Nemours by 87.1% in the 1st quarter. Assenagon Asset Management S.A. now owns 1,980,833 shares of the basic materials company's stock valued at $147,929,000 after acquiring an additional 922,387 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of DuPont de Nemours by 21.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,159,807 shares of the basic materials company's stock valued at $310,656,000 after acquiring an additional 746,364 shares during the last quarter. Strs Ohio bought a new stake in shares of DuPont de Nemours in the 1st quarter valued at approximately $54,934,000. Finally, GAMMA Investing LLC increased its holdings in shares of DuPont de Nemours by 7,327.1% in the 1st quarter. GAMMA Investing LLC now owns 610,882 shares of the basic materials company's stock valued at $45,621,000 after acquiring an additional 602,657 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on DD shares. UBS Group boosted their price target on DuPont de Nemours from $87.00 to $89.00 and gave the company a "buy" rating in a report on Monday, July 21st. Citigroup boosted their price objective on DuPont de Nemours from $85.00 to $93.00 in a research report on Friday, September 19th. Royal Bank Of Canada restated an "outperform" rating and set a $94.00 price objective on shares of DuPont de Nemours in a research report on Friday, September 19th. Wells Fargo & Company boosted their price objective on DuPont de Nemours from $81.00 to $90.00 and gave the company an "overweight" rating in a research report on Monday, July 14th. Finally, BMO Capital Markets reduced their price objective on DuPont de Nemours from $107.00 to $104.00 and set an "outperform" rating for the company in a research report on Friday, September 19th. Nine research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $88.33.

Insiders Place Their Bets

In related news, SVP Steven P. Larrabee sold 43,208 shares of the company's 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 transaction, 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 74,208 shares of company stock worth $5,714,861 over the last quarter. 0.61% of the stock is currently owned by insiders.

DuPont de Nemours Stock Up 0.4%

Shares of DuPont de Nemours stock opened at $78.23 on Thursday. The stock's fifty day moving average is $75.29 and its 200-day moving average is $70.97. The firm has a market capitalization of $32.76 billion, a PE ratio of -166.45, a price-to-earnings-growth ratio of 2.25 and a beta of 1.09. 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, Inc. has a 12-month low of $53.77 and a 12-month high of $88.62.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its earnings results on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.06 by $0.06. The company had revenue of $3.26 billion for 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%.DuPont de Nemours's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the previous 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. Equities analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share 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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