MBB Public Markets I LLC Purchases Shares of 4,073 DuPont de Nemours, Inc. $DD

MBB Public Markets I LLC purchased a new stake in shares of DuPont de Nemours, Inc. (NYSE:DD) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 4,073 shares of the basic materials company’s stock, valued at approximately $304,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vermillion Wealth Management Inc. bought a new position in DuPont de Nemours during the 4th quarter valued at $28,000. JNBA Financial Advisors boosted its stake in DuPont de Nemours by 132.5% during 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 in the last quarter. Valley National Advisers Inc. boosted its stake in DuPont de Nemours by 145.0% during 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 in the last quarter. Pinney & Scofield Inc. bought a new position in DuPont de Nemours during the 4th quarter valued at $36,000. Finally, WPG Advisers LLC bought a new position in DuPont de Nemours during the 1st quarter valued at $35,000. 73.96% of the stock is owned by institutional investors.

Insider Activity

In other news, SVP Steven P. Larrabee sold 6,000 shares of the company’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $78.00, for a total value of $468,000.00. Following the transaction, the senior vice president directly owned 42,585 shares of the company’s stock, valued at approximately $3,321,630. This represents a 12.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.61% of the stock is owned by insiders.

DuPont de Nemours Price Performance

DD opened at $76.12 on Thursday. The stock has a fifty day moving average of $74.63 and a 200-day moving average of $71.13. The firm has a market capitalization of $31.87 billion, a P/E ratio of -161.95, a PEG ratio of 1.91 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 released its earnings results on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.06. The company had revenue of $3.26 billion during 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 company’s revenue for the quarter was up 2.7% on a year-over-year basis. 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. Equities analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, August 29th will be issued a $0.41 dividend. The ex-dividend date is Friday, August 29th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. DuPont de Nemours’s dividend payout ratio is presently -348.94%.

Wall Street Analysts Forecast Growth

DD has been the subject of a number of recent research reports. Royal Bank Of Canada increased their price objective on DuPont de Nemours from $93.00 to $94.00 and gave the company an “outperform” rating in a research report on Friday, August 8th. Wells Fargo & Company increased their price objective 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. Mizuho increased their price objective on DuPont de Nemours from $80.00 to $85.00 and gave the company an “outperform” rating in a research report on Tuesday, July 15th. Citigroup increased their price objective on DuPont de Nemours from $75.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, July 3rd. Finally, UBS Group increased their price objective on DuPont de Nemours from $87.00 to $89.00 and gave the company a “buy” rating in a research report on Monday, July 21st. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $88.25.

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.