Advisors Asset Management Inc. Has $363,000 Holdings in DuPont de Nemours, Inc. $DD

Advisors Asset Management Inc. lessened its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 12.3% in the first quarter, according to its most recent filing with the SEC. The firm owned 4,857 shares of the basic materials company’s stock after selling 683 shares during the quarter. Advisors Asset Management Inc.’s holdings in DuPont de Nemours were worth $363,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vermillion Wealth Management Inc. acquired a new stake in DuPont de Nemours during the 4th quarter valued at approximately $28,000. JNBA Financial Advisors grew its position in shares of DuPont de Nemours by 132.5% during the 1st quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company’s stock worth $28,000 after buying an additional 216 shares during the period. Valley National Advisers Inc. grew its position in shares of DuPont de Nemours by 145.0% during the 1st quarter. Valley National Advisers Inc. now owns 419 shares of the basic materials company’s stock worth $31,000 after buying an additional 248 shares during the period. WPG Advisers LLC acquired a new stake in shares of DuPont de Nemours during the 1st quarter worth approximately $35,000. Finally, Pinney & Scofield Inc. acquired a new stake in shares of DuPont de Nemours during the 4th quarter worth approximately $36,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

NYSE DD opened at $78.02 on Friday. The company has a current ratio of 1.41, a quick ratio of 0.94 and a debt-to-equity ratio of 0.23. The company has a fifty day simple moving average of $74.71 and a 200 day simple moving average of $71.10. 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 $32.67 billion, a P/E ratio of -165.99, a PEG ratio of 1.89 and a beta of 1.07.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings data on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.06. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%.The business had revenue of $3.26 billion for the quarter, compared to analysts’ expectations of $3.23 billion. During the same period last year, the business earned $0.97 EPS. The business’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. Sell-side analysts predict that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal 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 paid a dividend of $0.41 per share. The ex-dividend date is Friday, August 29th. This represents a $1.64 annualized dividend and a yield of 2.1%. DuPont de Nemours’s dividend payout ratio (DPR) is -348.94%.

Insiders Place Their Bets

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

Wall Street Analysts Forecast Growth

Several analysts have recently commented on DD shares. KeyCorp raised their price objective on shares of DuPont de Nemours from $87.00 to $92.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 6th. Citigroup raised their price objective on shares of DuPont de Nemours from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, July 3rd. Wells Fargo & Company raised their price objective on shares of 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 price objective on shares of DuPont de Nemours from $80.00 to $85.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 15th. Finally, JPMorgan Chase & Co. raised their price objective on shares of DuPont de Nemours from $78.00 to $93.00 and gave the stock an “overweight” rating in a research report on Friday, May 16th. Nine investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $88.25.

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.