Iowa State Bank Acquires 281 Shares of DuPont de Nemours, Inc. $DD

Iowa State Bank grew its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 1.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,623 shares of the basic materials company’s stock after acquiring an additional 281 shares during the quarter. Iowa State Bank’s holdings in DuPont de Nemours were worth $1,757,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of DD. AdvisorNet Financial Inc boosted its position in shares of DuPont de Nemours by 3.0% during the second quarter. AdvisorNet Financial Inc now owns 4,641 shares of the basic materials company’s stock worth $318,000 after buying an additional 134 shares during the period. Summit Financial LLC boosted its position in shares of DuPont de Nemours by 3.7% during the first quarter. Summit Financial LLC now owns 4,077 shares of the basic materials company’s stock worth $304,000 after buying an additional 146 shares during the period. Belpointe Asset Management LLC boosted its position in shares of DuPont de Nemours by 1.8% during the first quarter. Belpointe Asset Management LLC now owns 8,749 shares of the basic materials company’s stock worth $653,000 after buying an additional 152 shares during the period. Ballast Inc. boosted its position in shares of DuPont de Nemours by 0.9% during the first quarter. Ballast Inc. now owns 17,754 shares of the basic materials company’s stock worth $1,326,000 after buying an additional 159 shares during the period. Finally, GHP Investment Advisors Inc. boosted its position in shares of DuPont de Nemours by 16.9% during the first quarter. GHP Investment Advisors Inc. now owns 1,173 shares of the basic materials company’s stock worth $88,000 after buying an additional 170 shares during the period. 73.96% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

DD has been the subject of several recent research reports. Mizuho upped their price objective on DuPont de Nemours from $80.00 to $85.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 15th. BMO Capital Markets reduced their price objective on DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating for the company in a research report on Friday, September 19th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of DuPont de Nemours in a research report on Saturday, September 27th. 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. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $94.00 price target on shares of DuPont de Nemours in a research report on Friday, September 19th. 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, the stock has a consensus rating of “Moderate Buy” and an average price target of $88.33.

DuPont de Nemours Price Performance

NYSE:DD opened at $79.82 on Monday. The company has a quick ratio of 0.94, a current ratio of 1.41 and a debt-to-equity ratio of 0.23. The stock’s 50 day moving average price is $75.49 and its two-hundred day moving average price is $70.92. The firm has a market capitalization of $33.42 billion, a price-to-earnings ratio of -169.84, a P/E/G ratio of 2.30 and a beta of 1.08. DuPont de Nemours, Inc. has a 12-month low of $53.77 and a 12-month high of $88.21.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings data 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 firm had revenue of $3.26 billion for the quarter, compared to analyst estimates 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 business’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the company 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, analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

Insider Buying and Selling at DuPont de Nemours

In other news, SVP Steven P. Larrabee sold 43,208 shares of the stock in a transaction that occurred 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 transaction, the senior vice president owned 38,585 shares in the company, valued at approximately $2,977,604.45. This trade represents a 52.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 74,208 shares of company stock worth $5,714,861 in the last 90 days. 0.61% of the stock is currently owned by company insiders.

DuPont de Nemours Company Profile

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.