Mirae Asset Global Investments Co. Ltd. Purchases 4,648 Shares of DuPont de Nemours, Inc. $DD

Mirae Asset Global Investments Co. Ltd. grew its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 10.6% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 48,702 shares of the basic materials company’s stock after buying an additional 4,648 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in DuPont de Nemours were worth $3,340,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in DD. JNBA Financial Advisors grew its stake 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 buying an additional 216 shares during the last quarter. Valley National Advisers Inc. grew its stake 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 buying an additional 248 shares during the last quarter. WPG Advisers LLC bought a new stake in DuPont de Nemours during the first quarter worth about $35,000. Ransom Advisory Ltd bought a new stake in DuPont de Nemours during the first quarter worth about $40,000. Finally, Richardson Capital Management LLC bought a new stake in DuPont de Nemours during the first quarter worth about $43,000. 73.96% of the stock is owned by institutional investors.

DuPont de Nemours Price Performance

Shares of DD stock opened at $78.95 on Wednesday. DuPont de Nemours, Inc. has a 52-week low of $53.77 and a 52-week high of $87.80. The stock has a market cap of $33.06 billion, a PE ratio of -167.98, a PEG ratio of 2.33 and a beta of 1.08. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 1.41. The firm’s 50 day moving average price is $75.70 and its two-hundred day moving average price is $71.02.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data 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. 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 analysts’ expectations of $3.23 billion. During the same period last year, the firm earned $0.97 earnings per share. 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. As a group, analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. KeyCorp upped their price objective on shares of DuPont de Nemours from $92.00 to $93.00 and gave the stock an “overweight” rating in a research note on Monday, September 22nd. Citigroup upped their price objective on DuPont de Nemours from $85.00 to $93.00 in a report on Friday, September 19th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $94.00 price objective on shares of DuPont de Nemours in a research report on Friday, September 19th. Weiss Ratings reiterated a “hold (c-)” rating on shares of DuPont de Nemours in a research report on Saturday, September 27th. Finally, BMO Capital Markets decreased their price objective on DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating on the stock in a research report on Friday, September 19th. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $88.33.

Insider Transactions at DuPont de Nemours

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the 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 sale, the senior vice president directly 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 transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders have sold 74,208 shares of company stock valued at $5,714,861 over the last quarter. 0.61% of the stock is currently owned by company insiders.

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.