REAP Financial Group LLC boosted its holdings in DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 80.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 605 shares of the basic materials company’s stock after purchasing an additional 269 shares during the quarter. REAP Financial Group LLC’s holdings in DuPont de Nemours were worth $42,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. JNBA Financial Advisors raised its position in DuPont de Nemours by 132.5% in the 1st quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 216 shares during the last quarter. Valley National Advisers Inc. raised its position in DuPont de Nemours by 145.0% in the 1st quarter. Valley National Advisers Inc. now owns 419 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 248 shares during the last quarter. WPG Advisers LLC purchased a new stake in DuPont de Nemours in the 1st quarter valued at $35,000. Ransom Advisory Ltd purchased a new stake in DuPont de Nemours in the 1st quarter valued at $40,000. Finally, Richardson Capital Management LLC acquired a new position in DuPont de Nemours in the 1st quarter valued at $43,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.
Insider Activity at DuPont de Nemours
In related news, SVP Steven P. Larrabee sold 43,208 shares of the business’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $77.17, for a total value of $3,334,361.36. Following the sale, the senior vice president directly owned 38,585 shares in the company, valued at $2,977,604.45. The trade was a 52.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last 90 days, insiders have sold 74,208 shares of company stock worth $5,714,861. 0.61% of the stock is currently owned by insiders.
DuPont de Nemours Price Performance
DuPont de Nemours (NYSE:DD – Get Free Report) 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 company had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.23 billion. DuPont de Nemours had a negative net margin of 1.54% and a positive return on equity of 7.85%. The business’s revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the firm 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. Analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on DD. Royal Bank Of Canada reissued an “outperform” rating and issued a $94.00 price objective on shares of DuPont de Nemours in a research note on Friday, September 19th. UBS Group boosted their price objective on shares of DuPont de Nemours from $87.00 to $89.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Wells Fargo & Company boosted their price objective on shares of DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, July 14th. Mizuho boosted their price objective on shares of DuPont de Nemours from $80.00 to $85.00 and gave the company an “outperform” rating in a research note on Tuesday, July 15th. Finally, BMO Capital Markets dropped 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. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, DuPont de Nemours presently has a consensus rating of “Moderate Buy” and an average target price of $88.33.
View Our Latest Stock Report on DD
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.
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