Belpointe Asset Management LLC Has $653,000 Position in DuPont de Nemours, Inc. $DD

Belpointe Asset Management LLC lifted its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 1.8% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,749 shares of the basic materials company’s stock after acquiring an additional 152 shares during the period. Belpointe Asset Management LLC’s holdings in DuPont de Nemours were worth $653,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of DD. Vermillion Wealth Management Inc. acquired a new position in shares of DuPont de Nemours during the 4th quarter valued at $28,000. JNBA Financial Advisors lifted 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 valued at $28,000 after acquiring an additional 216 shares during the period. Valley National Advisers Inc. lifted 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 valued at $31,000 after acquiring an additional 248 shares during the period. WPG Advisers LLC acquired a new position in shares of DuPont de Nemours during the 1st quarter valued at $35,000. Finally, Pinney & Scofield Inc. acquired a new position in shares of DuPont de Nemours during the 4th quarter valued at $36,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

DD has been the topic of a number of research reports. KeyCorp boosted their target price 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. Wells Fargo & Company boosted their price target on shares of DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, July 14th. UBS Group boosted 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. Citigroup boosted 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. Finally, Mizuho boosted 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. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $88.25.

DuPont de Nemours Stock Performance

NYSE DD opened at $77.30 on Friday. DuPont de Nemours, Inc. has a 1 year low of $53.77 and a 1 year high of $90.06. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.41 and a quick ratio of 0.94. The firm has a market cap of $32.37 billion, a price-to-earnings ratio of -164.47, a PEG ratio of 1.94 and a beta of 1.07. The company has a fifty day moving average price of $74.78 and a 200-day moving average price of $71.00.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings results 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. The company had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.23 billion. DuPont de Nemours had a negative net margin of 1.54% and a positive return on equity of 7.85%. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the business 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. As a group, equities research analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

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 given 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 is presently -348.94%.

Insiders Place Their Bets

In related news, SVP Steven P. Larrabee sold 25,000 shares of the stock in a transaction dated 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 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 filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.61% of the company’s stock.

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.