Clarius Group LLC Has $512,000 Stake in DuPont de Nemours, Inc. $DD

Clarius Group LLC cut its stake in DuPont de Nemours, Inc. (NYSE:DD) by 8.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,468 shares of the basic materials company’s stock after selling 726 shares during the quarter. Clarius Group LLC’s holdings in DuPont de Nemours were worth $512,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. AdvisorNet Financial Inc lifted its stake in DuPont de Nemours by 3.0% during the 2nd quarter. AdvisorNet Financial Inc now owns 4,641 shares of the basic materials company’s stock valued at $318,000 after acquiring an additional 134 shares in the last quarter. Summit Financial LLC lifted its position in shares of DuPont de Nemours by 3.7% during the first quarter. Summit Financial LLC now owns 4,077 shares of the basic materials company’s stock valued at $304,000 after purchasing an additional 146 shares in the last quarter. Belpointe Asset Management LLC boosted its holdings in DuPont de Nemours by 1.8% during the first quarter. Belpointe Asset Management LLC now owns 8,749 shares of the basic materials company’s stock worth $653,000 after purchasing an additional 152 shares during the last quarter. Ballast Inc. grew its position in DuPont de Nemours by 0.9% in the 1st quarter. Ballast Inc. now owns 17,754 shares of the basic materials company’s stock worth $1,326,000 after purchasing an additional 159 shares in the last quarter. Finally, GHP Investment Advisors Inc. increased its stake in DuPont de Nemours by 16.9% in the 1st quarter. GHP Investment Advisors Inc. now owns 1,173 shares of the basic materials company’s stock valued at $88,000 after buying an additional 170 shares during the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on DD shares. Citigroup boosted their target price on DuPont de Nemours from $85.00 to $93.00 in a research note on Friday, September 19th. Mizuho boosted their price objective on DuPont de Nemours from $80.00 to $85.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 15th. KeyCorp increased their price target on shares of DuPont de Nemours from $92.00 to $93.00 and gave the company an “overweight” rating in a research report on Monday, September 22nd. Royal Bank Of Canada reissued an “outperform” rating and issued a $94.00 target price on shares of DuPont de Nemours in a research report on Friday, September 19th. Finally, Wells Fargo & Company boosted their target price on DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, July 14th. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $88.33.

DuPont de Nemours Trading Down 1.4%

Shares of DD stock opened at $79.82 on Monday. The stock 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 company’s fifty day simple moving average is $75.49 and its two-hundred day simple moving average is $70.92. DuPont de Nemours, Inc. has a 1 year low of $53.77 and a 1 year high of $88.21. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.41 and a quick ratio of 0.94.

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 for the quarter, beating the consensus estimate of $1.06 by $0.06. The company had revenue of $3.26 billion during the quarter, compared to analysts’ expectations 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 firm’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the business 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. As a group, analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

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 that occurred on Monday, September 15th. The shares were sold at an average price of $77.17, for a total transaction of $3,334,361.36. Following the completion of the transaction, the senior vice president owned 38,585 shares of the company’s stock, valued at approximately $2,977,604.45. The trade was a 52.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 74,208 shares of company stock valued at $5,714,861 in the last three months. 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.