Enterprise Bank & Trust Co Grows Stock Holdings in DuPont de Nemours, Inc. $DD

Enterprise Bank & Trust Co increased its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 1.8% in the 2nd quarter, Holdings Channel reports. The firm owned 10,227 shares of the basic materials company’s stock after buying an additional 185 shares during the period. Enterprise Bank & Trust Co’s holdings in DuPont de Nemours were worth $701,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Vermillion Wealth Management Inc. purchased a new position in shares of DuPont de Nemours during the fourth quarter valued at approximately $28,000. JNBA Financial Advisors raised its holdings in shares of DuPont de Nemours by 132.5% during the first 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 during the last quarter. Valley National Advisers Inc. raised its holdings in shares of 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 valued at $31,000 after purchasing an additional 248 shares during the last quarter. WPG Advisers LLC bought a new stake in DuPont de Nemours during the first quarter valued at approximately $35,000. Finally, Pinney & Scofield Inc. bought a new stake in DuPont de Nemours during the fourth quarter valued at approximately $36,000. 73.96% of the stock is owned by hedge funds and other institutional investors.

DuPont de Nemours Stock Performance

DD opened at $77.30 on Friday. The firm has a market cap of $32.37 billion, a P/E ratio of -164.47, a PEG ratio of 1.94 and a beta of 1.07. DuPont de Nemours, Inc. has a 1-year low of $53.77 and a 1-year high of $90.06. The company has a 50 day simple moving average of $74.78 and a two-hundred day simple moving average of $71.00. 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 posted its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.06 by $0.06. The business had revenue of $3.26 billion during 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 company’s revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the business posted $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 earnings per share for the current fiscal year.

DuPont de Nemours Announces Dividend

The business 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. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, August 29th. DuPont de Nemours’s payout ratio is -348.94%.

Insider Buying and Selling at DuPont de Nemours

In related news, SVP Steven P. Larrabee sold 25,000 shares of the company’s stock in a transaction on Thursday, September 4th. The shares were 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 owned 48,585 shares in the company, valued at approximately $3,716,752.50. This represents a 33.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.61% of the company’s stock.

Analyst Upgrades and Downgrades

DD has been the subject of several recent research reports. UBS Group boosted 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 boosted 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 boosted 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. Mizuho boosted 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. Finally, Citigroup boosted their target price on shares of DuPont de Nemours from $75.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, July 3rd. Nine equities research 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 company currently has a consensus rating of “Moderate Buy” and an average target price of $88.25.

DuPont de Nemours Company Profile

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.