Focus Financial Network Inc. Reduces Stock Holdings in DuPont de Nemours, Inc. $DD

Focus Financial Network Inc. lowered its position in DuPont de Nemours, Inc. (NYSE:DD) by 4.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,799 shares of the basic materials company’s stock after selling 179 shares during the quarter. Focus Financial Network Inc.’s holdings in DuPont de Nemours were worth $261,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in DD. Vermillion Wealth Management Inc. purchased a new position in shares of DuPont de Nemours in the fourth quarter valued at $28,000. JNBA Financial Advisors increased its position 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 valued at $28,000 after buying an additional 216 shares in the last quarter. Valley National Advisers Inc. increased its position 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 valued at $31,000 after buying an additional 248 shares in the last quarter. WPG Advisers LLC acquired a new position in DuPont de Nemours in the 1st quarter valued at about $35,000. Finally, Ransom Advisory Ltd acquired a new position in DuPont de Nemours in the 1st quarter valued at about $40,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Price Performance

Shares of NYSE DD opened at $78.27 on Monday. The company has a market capitalization of $32.77 billion, a price-to-earnings ratio of -166.53, a price-to-earnings-growth ratio of 1.95 and a beta of 1.07. The business has a 50 day simple moving average of $75.05 and a 200-day simple moving average of $70.87. The company has a current ratio of 1.41, a quick ratio of 0.94 and a debt-to-equity ratio of 0.23. DuPont de Nemours, Inc. has a twelve month low of $53.77 and a twelve month high of $90.06.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings data 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. The firm had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.23 billion. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%.The firm’s revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.97 EPS. 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 expect that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Friday, August 29th. DuPont de Nemours’s payout ratio is -348.94%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. BMO Capital Markets cut their target price on shares of DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating for the company in a research note on Friday. Citigroup boosted their target price 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 lifted their price target on DuPont de Nemours from $87.00 to $92.00 and gave the company an “overweight” rating in a report on Wednesday, August 6th. Wells Fargo & Company lifted their price target on DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, July 14th. Finally, UBS Group lifted 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. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $87.58.

Insider Transactions at DuPont de Nemours

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the business’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 completion of the transaction, the senior vice president owned 38,585 shares in the company, valued at approximately $2,977,604.45. The trade was a 52.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last ninety days, insiders sold 74,208 shares of company stock worth $5,714,861. Insiders own 0.61% of the company’s stock.

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.