MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 6.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,529 shares of the basic materials company’s stock after acquiring an additional 2,695 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in DuPont de Nemours were worth $3,251,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Ritholtz Wealth Management grew its stake in DuPont de Nemours by 48.8% during the 1st quarter. Ritholtz Wealth Management now owns 4,462 shares of the basic materials company’s stock valued at $333,000 after acquiring an additional 1,464 shares in the last quarter. Sequoia Financial Advisors LLC grew its stake in DuPont de Nemours by 334.4% during the 1st quarter. Sequoia Financial Advisors LLC now owns 256,053 shares of the basic materials company’s stock valued at $19,122,000 after acquiring an additional 197,115 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in DuPont de Nemours by 6.6% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 80,385 shares of the basic materials company’s stock valued at $6,003,000 after acquiring an additional 4,995 shares in the last quarter. Oppenheimer & Co. Inc. grew its stake in DuPont de Nemours by 11.8% during the 1st quarter. Oppenheimer & Co. Inc. now owns 54,489 shares of the basic materials company’s stock valued at $4,069,000 after acquiring an additional 5,751 shares in the last quarter. Finally, Summit Trail Advisors LLC grew its stake in DuPont de Nemours by 37.4% during the 1st quarter. Summit Trail Advisors LLC now owns 23,923 shares of the basic materials company’s stock valued at $1,787,000 after acquiring an additional 6,509 shares in the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.
Insider Buying and Selling
In related news, SVP Steven P. Larrabee sold 6,000 shares of DuPont de Nemours stock in a transaction on Friday, September 5th. The shares were sold at an average price of $78.00, for a total transaction of $468,000.00. Following the sale, the senior vice president directly owned 42,585 shares in the company, valued at $3,321,630. This trade represents a 12.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.61% of the stock is owned by corporate insiders.
DuPont de Nemours Stock Performance
DuPont de Nemours (NYSE:DD – Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share for the quarter, beating 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 for the quarter, compared to analyst estimates of $3.23 billion. During the same period last year, the business earned $0.97 EPS. The company’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. On average, research analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.
DuPont de Nemours Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, August 29th. DuPont de Nemours’s dividend payout ratio (DPR) is currently -348.94%.
Analysts Set New Price Targets
DD has been the subject of several analyst reports. Mizuho increased their price target on shares of DuPont de Nemours from $80.00 to $85.00 and gave the company an “outperform” rating in a research note on Tuesday, July 15th. Citigroup increased their price target on shares of DuPont de Nemours from $75.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, July 3rd. KeyCorp increased 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 note on Wednesday, August 6th. UBS Group increased their price target on shares of DuPont de Nemours from $87.00 to $89.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Finally, Royal Bank Of Canada increased their price target on shares of DuPont de Nemours from $93.00 to $94.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $88.25.
Check Out Our Latest Research Report on DuPont de Nemours
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.
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