DuPont de Nemours, Inc. $DD Shares Acquired by Argyle Capital Management LLC

Argyle Capital Management LLC lifted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 1.4% during the 2nd quarter, Holdings Channel.com reports. The fund owned 29,196 shares of the basic materials company’s stock after buying an additional 397 shares during the period. Argyle Capital Management LLC’s holdings in DuPont de Nemours were worth $2,003,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ritholtz Wealth Management increased its position in DuPont de Nemours by 48.8% during the first quarter. Ritholtz Wealth Management now owns 4,462 shares of the basic materials company’s stock worth $333,000 after buying an additional 1,464 shares during the period. Sequoia Financial Advisors LLC increased its position in DuPont de Nemours by 334.4% during the first quarter. Sequoia Financial Advisors LLC now owns 256,053 shares of the basic materials company’s stock worth $19,122,000 after buying an additional 197,115 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in DuPont de Nemours by 6.6% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 80,385 shares of the basic materials company’s stock worth $6,003,000 after buying an additional 4,995 shares during the period. Oppenheimer & Co. Inc. increased its position in DuPont de Nemours by 11.8% during the first quarter. Oppenheimer & Co. Inc. now owns 54,489 shares of the basic materials company’s stock worth $4,069,000 after buying an additional 5,751 shares during the period. Finally, Summit Trail Advisors LLC increased its position in DuPont de Nemours by 37.4% during the first quarter. Summit Trail Advisors LLC now owns 23,923 shares of the basic materials company’s stock worth $1,787,000 after buying an additional 6,509 shares during the period. Institutional investors and hedge funds own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on DD. Citigroup lifted their price target on DuPont de Nemours from $85.00 to $93.00 in a research report on Friday, September 19th. UBS Group lifted their target price on DuPont de Nemours from $87.00 to $89.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Weiss Ratings reiterated a “hold (c-)” rating on shares of DuPont de Nemours in a research note on Wednesday. Wells Fargo & Company lifted their target price on DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, July 14th. Finally, KeyCorp lifted their target price on DuPont de Nemours from $92.00 to $93.00 and gave the company an “overweight” rating in a research note on Monday, September 22nd. Nine equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, DuPont de Nemours has an average rating of “Moderate Buy” and a consensus price target of $88.33.

Insider Transactions at DuPont de Nemours

In related news, SVP Steven P. Larrabee sold 43,208 shares of DuPont de Nemours 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 directly owned 38,585 shares of the company’s stock, valued at approximately $2,977,604.45. The trade was a 52.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders sold 74,208 shares of company stock worth $5,714,861 over the last ninety days. Insiders own 0.61% of the company’s stock.

DuPont de Nemours Stock Down 0.7%

DuPont de Nemours stock opened at $77.82 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.41 and a quick ratio of 0.94. DuPont de Nemours, Inc. has a 1-year low of $53.77 and a 1-year high of $87.80. The company has a market cap of $32.58 billion, a PE ratio of -165.57, a price-to-earnings-growth ratio of 2.26 and a beta of 1.08. The stock’s 50 day moving average price is $75.94 and its 200 day moving average price is $71.07.

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 analysts’ consensus estimates of $1.06 by $0.06. The firm 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 company’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the previous 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. On average, sell-side analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

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.