DuPont de Nemours, Inc. $DD Shares Sold by Orca Wealth Management LLC

Orca Wealth Management LLC lowered its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 2.2% during the second quarter, Holdings Channel reports. The fund owned 7,351 shares of the basic materials company’s stock after selling 164 shares during the quarter. Orca Wealth Management LLC’s holdings in DuPont de Nemours were worth $504,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. JNBA Financial Advisors boosted its position in DuPont de Nemours by 132.5% during the first quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 216 shares during the last quarter. Valley National Advisers Inc. boosted its position in DuPont de Nemours by 145.0% during the first quarter. Valley National Advisers Inc. now owns 419 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 248 shares during the last quarter. WPG Advisers LLC acquired a new stake in DuPont de Nemours during the first quarter worth approximately $35,000. Ransom Advisory Ltd acquired a new position in shares of DuPont de Nemours in the 1st quarter valued at $40,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of DuPont de Nemours by 1,770.0% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 561 shares of the basic materials company’s stock valued at $42,000 after purchasing an additional 531 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

Insider Buying and Selling

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the business’s stock in a transaction on 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 transaction, the senior vice president owned 38,585 shares in the company, valued at $2,977,604.45. The trade was a 52.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In the last quarter, insiders have sold 74,208 shares of company stock valued at $5,714,861. Insiders own 0.61% of the company’s stock.

DuPont de Nemours Stock Performance

NYSE:DD opened at $79.82 on Friday. The company has a current ratio of 1.41, a quick ratio of 0.94 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $33.42 billion, a price-to-earnings ratio of -169.84, a PEG ratio of 2.30 and a beta of 1.08. The firm’s fifty day simple moving average is $75.49 and its 200 day simple moving average is $70.96. DuPont de Nemours, Inc. has a twelve month low of $53.77 and a twelve month high of $88.21.

DuPont de Nemours (NYSE:DD) last posted its earnings results on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.06. The business 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 quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $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. As a group, equities research analysts expect that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

DD has been the topic of a number of research analyst reports. Mizuho lifted their price target on shares of DuPont de Nemours from $80.00 to $85.00 and gave the company an “outperform” rating in a report on Tuesday, July 15th. BMO Capital Markets decreased their price target on shares of DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating on the stock in a report on Friday, September 19th. Citigroup lifted their price target on shares of DuPont de Nemours from $85.00 to $93.00 in a report on Friday, September 19th. Weiss Ratings reiterated a “hold (c-)” rating on shares of DuPont de Nemours in a report on Saturday, September 27th. Finally, Wells Fargo & Company lifted their price target on shares of DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, July 14th. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $88.33.

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.