Modern Wealth Management LLC Raises Position in DuPont de Nemours, Inc. $DD

Modern Wealth Management LLC raised its stake in DuPont de Nemours, Inc. (NYSE:DD) by 7.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,813 shares of the basic materials company’s stock after purchasing an additional 272 shares during the quarter. Modern Wealth Management LLC’s holdings in DuPont de Nemours were worth $285,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vermillion Wealth Management Inc. purchased a new stake in shares of DuPont de Nemours in the fourth quarter worth approximately $28,000. JNBA Financial Advisors raised its stake in shares of DuPont de Nemours by 132.5% in the first quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 216 shares during the last quarter. Valley National Advisers Inc. raised its stake in shares of DuPont de Nemours by 145.0% in the first quarter. Valley National Advisers Inc. now owns 419 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 248 shares during the last quarter. Pinney & Scofield Inc. purchased a new stake in shares of DuPont de Nemours in the fourth quarter worth approximately $36,000. Finally, WPG Advisers LLC purchased a new stake in shares of DuPont de Nemours during the first quarter valued at approximately $35,000. 73.96% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at DuPont de Nemours

In other 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 value of $1,912,500.00. Following the completion of the transaction, the senior vice president directly owned 48,585 shares of the company’s stock, valued at $3,716,752.50. This trade represents a 33.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.61% of the stock is owned by insiders.

DuPont de Nemours Price Performance

DuPont de Nemours stock opened at $77.21 on Tuesday. DuPont de Nemours, Inc. has a one year low of $53.77 and a one year high of $90.06. The business has a fifty day moving average price of $74.87 and a 200-day moving average price of $70.90. 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 capitalization of $32.33 billion, a P/E ratio of -164.28, a PEG ratio of 1.92 and a beta of 1.07.

DuPont de Nemours (NYSE:DD) last posted its quarterly 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 positive return on equity of 7.85% and a negative net margin of 1.54%.The firm had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.23 billion. During the same period last year, the company earned $0.97 earnings per share. The business’s revenue for the quarter 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. As a group, equities research analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, August 29th were issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, August 29th. DuPont de Nemours’s dividend payout ratio (DPR) is presently -348.94%.

Wall Street Analysts Forecast Growth

DD has been the subject of a number of research analyst reports. Wells Fargo & Company increased their price target 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. KeyCorp increased their price target on DuPont de Nemours from $87.00 to $92.00 and gave the company an “overweight” rating in a research report on Wednesday, August 6th. Royal Bank Of Canada increased their price target on DuPont de Nemours from $93.00 to $94.00 and gave the company an “outperform” rating in a research report on Friday, August 8th. Mizuho increased their price target on DuPont de Nemours from $80.00 to $85.00 and gave the company an “outperform” rating in a research report on Tuesday, July 15th. Finally, Citigroup increased their price target on DuPont de Nemours from $75.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, July 3rd. Nine equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price 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.