Wedmont Private Capital Sells 464 Shares of DuPont de Nemours, Inc. $DD

Wedmont Private Capital decreased its position in DuPont de Nemours, Inc. (NYSE:DD) by 11.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,526 shares of the basic materials company’s stock after selling 464 shares during the quarter. Wedmont Private Capital’s holdings in DuPont de Nemours were worth $266,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Summit Financial LLC raised its holdings in DuPont de Nemours by 3.7% in the first quarter. Summit Financial LLC now owns 4,077 shares of the basic materials company’s stock worth $304,000 after purchasing an additional 146 shares in the last quarter. Belpointe Asset Management LLC raised its holdings in DuPont de Nemours by 1.8% in the first quarter. Belpointe Asset Management LLC now owns 8,749 shares of the basic materials company’s stock worth $653,000 after purchasing an additional 152 shares in the last quarter. Ballast Inc. raised its holdings in DuPont de Nemours by 0.9% in the first quarter. Ballast Inc. now owns 17,754 shares of the basic materials company’s stock worth $1,326,000 after purchasing an additional 159 shares in the last quarter. GHP Investment Advisors Inc. raised its holdings in DuPont de Nemours by 16.9% in the first quarter. GHP Investment Advisors Inc. now owns 1,173 shares of the basic materials company’s stock worth $88,000 after purchasing an additional 170 shares in the last quarter. Finally, Moody National Bank Trust Division raised its holdings in DuPont de Nemours by 0.9% in the first quarter. Moody National Bank Trust Division now owns 19,286 shares of the basic materials company’s stock worth $1,440,000 after purchasing an additional 171 shares in the last quarter. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Up 0.2%

Shares of DD opened at $78.27 on Monday. The business’s 50 day moving average is $75.05 and its 200 day moving average is $70.87. The company has a market capitalization of $32.77 billion, a PE ratio of -166.53, a price-to-earnings-growth ratio of 1.95 and a beta of 1.07. DuPont de Nemours, Inc. has a 12-month low of $53.77 and a 12-month high of $90.06. 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 (NYSE:DD) last issued its earnings results on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.06. The company had revenue of $3.26 billion for 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 quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the company 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. Research analysts expect that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Announces Dividend

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

Insider Transactions at DuPont de Nemours

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of DuPont de Nemours stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $77.17, for a total value of $3,334,361.36. Following the sale, the senior vice president owned 38,585 shares of the company’s stock, valued at $2,977,604.45. The trade was a 52.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Over the last 90 days, insiders sold 74,208 shares of company stock valued at $5,714,861. Insiders own 0.61% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Wells Fargo & Company increased their price objective on DuPont de Nemours from $81.00 to $90.00 and gave the stock an “overweight” rating in a report on Monday, July 14th. UBS Group increased their target price on DuPont de Nemours from $87.00 to $89.00 and gave the stock a “buy” rating in a research note on Monday, July 21st. KeyCorp increased their target price on DuPont de Nemours from $87.00 to $92.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 6th. BMO Capital Markets cut their target price on DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating on the stock in a research note on Friday. Finally, Mizuho increased their target price on DuPont de Nemours from $80.00 to $85.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 15th. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, DuPont de Nemours has an average rating of “Moderate Buy” and a consensus target price of $87.58.

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.