DuPont de Nemours (NYSE:DD) SVP Steven Larrabee Sells 25,000 Shares

DuPont de Nemours, Inc. (NYSE:DD) SVP Steven Larrabee sold 25,000 shares of DuPont de Nemours stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $76.50, for a total transaction of $1,912,500.00. Following the completion of the transaction, the senior vice president directly owned 48,585 shares in the company, valued at approximately $3,716,752.50. This trade represents a 33.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

DuPont de Nemours Price Performance

Shares of DuPont de Nemours stock opened at $77.72 on Tuesday. The firm has a fifty day simple moving average of $74.46 and a 200-day simple moving average of $71.05. 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, Inc. has a 1-year low of $53.77 and a 1-year high of $90.06. The stock has a market capitalization of $32.54 billion, a price-to-earnings ratio of -165.35, a PEG ratio of 1.94 and a beta of 1.07.

DuPont de Nemours (NYSE:DD) last announced its quarterly 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. DuPont de Nemours had a negative net margin of 1.54% and a positive return on equity of 7.85%. The firm had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.23 billion. During the same quarter in the previous year, the firm posted $0.97 EPS. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. 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 expect that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be given a dividend of $0.41 per share. The ex-dividend date is Friday, August 29th. This represents a $1.64 annualized dividend and a yield of 2.1%. DuPont de Nemours’s dividend payout ratio is -348.94%.

Analyst Ratings Changes

A number of research analysts have issued reports on DD shares. Mizuho upped their target price on shares of DuPont de Nemours from $80.00 to $85.00 and gave the company an “outperform” rating in a research report on Tuesday, July 15th. UBS Group upped their target price on shares of DuPont de Nemours from $87.00 to $89.00 and gave the company a “buy” rating in a research report on Monday, July 21st. Royal Bank Of Canada upped their target price on shares of DuPont de Nemours from $93.00 to $94.00 and gave the company an “outperform” rating in a research report on Friday, August 8th. KeyCorp upped their target price on shares of DuPont de Nemours from $87.00 to $92.00 and gave the company an “overweight” rating in a research report on Wednesday, August 6th. Finally, Wells Fargo & Company increased their price target on shares of DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a research report on Monday, July 14th. Nine investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, DuPont de Nemours presently has an average rating of “Moderate Buy” and a consensus price target of $88.25.

Hedge Funds Weigh In On DuPont de Nemours

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DD. Nuveen LLC acquired a new position in DuPont de Nemours in the first quarter valued at about $531,037,000. Norges Bank acquired a new position in DuPont de Nemours in the second quarter valued at about $313,306,000. Ilex Capital Partners UK LLP raised its stake in DuPont de Nemours by 175.8% in the second quarter. Ilex Capital Partners UK LLP now owns 2,043,299 shares of the basic materials company’s stock valued at $140,150,000 after purchasing an additional 1,302,341 shares in the last quarter. AQR Capital Management LLC raised its stake in DuPont de Nemours by 139.3% in the second quarter. AQR Capital Management LLC now owns 1,791,511 shares of the basic materials company’s stock valued at $122,486,000 after purchasing an additional 1,042,929 shares in the last quarter. Finally, Holocene Advisors LP raised its stake in DuPont de Nemours by 70.5% in the second quarter. Holocene Advisors LP now owns 2,398,287 shares of the basic materials company’s stock valued at $164,499,000 after purchasing an additional 991,985 shares in the last quarter. 73.96% of the stock is owned by institutional investors.

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.