DuPont de Nemours, Inc. $DD Position Raised by Missouri Trust & Investment Co

Missouri Trust & Investment Co boosted its position in DuPont de Nemours, Inc. (NYSE:DD) by 3.8% in the second quarter, HoldingsChannel.com reports. The firm owned 26,916 shares of the basic materials company’s stock after purchasing an additional 997 shares during the quarter. Missouri Trust & Investment Co’s holdings in DuPont de Nemours were worth $1,846,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of DD. TD Private Client Wealth LLC raised its stake in shares of DuPont de Nemours by 3.1% in the 2nd quarter. TD Private Client Wealth LLC now owns 5,752 shares of the basic materials company’s stock worth $395,000 after buying an additional 172 shares in the last quarter. Mather Group LLC. grew its holdings in DuPont de Nemours by 8.5% during the second quarter. Mather Group LLC. now owns 7,161 shares of the basic materials company’s stock worth $491,000 after acquiring an additional 561 shares during the period. Public Employees Retirement System of Ohio raised its position in DuPont de Nemours by 5.4% in the second quarter. Public Employees Retirement System of Ohio now owns 234,686 shares of the basic materials company’s stock worth $16,097,000 after acquiring an additional 12,082 shares in the last quarter. Ballentine Partners LLC raised its position in DuPont de Nemours by 194.1% in the second quarter. Ballentine Partners LLC now owns 66,225 shares of the basic materials company’s stock worth $4,542,000 after acquiring an additional 43,706 shares in the last quarter. Finally, Accurate Wealth Management LLC lifted its holdings in DuPont de Nemours by 30.4% in the 2nd quarter. Accurate Wealth Management LLC now owns 5,776 shares of the basic materials company’s stock valued at $440,000 after acquiring an additional 1,345 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. BMO Capital Markets lowered their price objective on shares of DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating on the stock in a research note on Friday, September 19th. Wells Fargo & Company raised their target price on shares of DuPont de Nemours from $81.00 to $90.00 and gave the stock an “overweight” rating in a report on Monday, July 14th. Royal Bank Of Canada restated an “outperform” rating and issued a $94.00 price target on shares of DuPont de Nemours in a research report on Friday, September 19th. UBS Group upped 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. Finally, Citigroup raised their price objective on DuPont de Nemours from $85.00 to $93.00 in a research note on Friday, September 19th. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $88.33.

DuPont de Nemours Price Performance

Shares of NYSE:DD opened at $75.76 on Thursday. The company’s fifty day moving average is $75.22 and its two-hundred day moving average is $70.95. The company has a market cap of $31.72 billion, a P/E ratio of -161.19, a price-to-earnings-growth ratio of 2.24 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 quick ratio of 0.94, a current ratio of 1.41 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 EPS for the quarter, topping the consensus estimate of $1.06 by $0.06. The business had revenue of $3.26 billion during the quarter, compared to analysts’ expectations of $3.23 billion. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%.DuPont de Nemours’s revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the firm posted $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. Equities analysts expect that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

Insider Buying and Selling at DuPont de Nemours

In other news, SVP Steven P. Larrabee sold 43,208 shares of the company’s stock in a transaction dated 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 transaction, the senior vice president owned 38,585 shares in the company, valued at $2,977,604.45. This represents a 52.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last 90 days, insiders sold 74,208 shares of company stock valued at $5,714,861. 0.61% of the stock is owned by corporate insiders.

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.