Richwood Investment Advisors LLC Grows Holdings in DuPont de Nemours, Inc. $DD

Richwood Investment Advisors LLC grew its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 8.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,371 shares of the basic materials company’s stock after buying an additional 253 shares during the quarter. Richwood Investment Advisors LLC’s holdings in DuPont de Nemours were worth $231,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in DuPont de Nemours by 0.6% during the first quarter. Vanguard Group Inc. now owns 46,894,623 shares of the basic materials company’s stock worth $3,502,090,000 after purchasing an additional 298,408 shares during the last quarter. Nuveen LLC bought a new position in DuPont de Nemours during the first quarter worth $531,037,000. Price T Rowe Associates Inc. MD lifted its stake in DuPont de Nemours by 21.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 4,159,807 shares of the basic materials company’s stock worth $310,656,000 after purchasing an additional 746,364 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in DuPont de Nemours by 1.1% during the first quarter. Bank of New York Mellon Corp now owns 3,347,098 shares of the basic materials company’s stock worth $249,961,000 after purchasing an additional 37,327 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in DuPont de Nemours by 2.7% during the first quarter. Dimensional Fund Advisors LP now owns 3,190,172 shares of the basic materials company’s stock worth $238,200,000 after purchasing an additional 83,147 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

DD has been the topic of several research analyst reports. BMO Capital Markets reduced their price objective on DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating on the stock in a research note on Friday, September 19th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $94.00 target price on shares of DuPont de Nemours in a research report on Friday, September 19th. Mizuho increased their target price 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. UBS Group increased their target price on DuPont de Nemours from $87.00 to $89.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. Finally, Wells Fargo & Company increased their target price on DuPont de Nemours from $81.00 to $90.00 and gave the stock an “overweight” rating in a research report on Monday, July 14th. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, DuPont de Nemours has a consensus rating of “Moderate Buy” and an average price target of $88.33.

DuPont de Nemours Stock Performance

Shares of DD opened at $80.85 on Tuesday. The firm has a market capitalization of $33.85 billion, a PE ratio of -172.02, a P/E/G ratio of 2.30 and a beta of 1.08. The company has a quick ratio of 0.94, a current ratio of 1.41 and a debt-to-equity ratio of 0.23. The firm has a 50-day moving average price of $75.61 and a 200 day moving average price of $70.96. DuPont de Nemours, Inc. has a 52-week low of $53.77 and a 52-week high of $87.80.

DuPont de Nemours (NYSE:DD) last released its earnings results on Tuesday, August 5th. The basic materials company reported $1.12 EPS for the quarter, beating the consensus estimate of $1.06 by $0.06. The firm had revenue of $3.26 billion for the quarter, compared to analysts’ expectations of $3.23 billion. DuPont de Nemours had a negative net margin of 1.54% and a positive return on equity of 7.85%. DuPont de Nemours’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the company earned $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. On average, sell-side analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

Insider Buying and Selling

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the firm’s stock in a transaction dated 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 transaction, the senior vice president owned 38,585 shares of the company’s stock, valued at approximately $2,977,604.45. This trade represents a 52.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last 90 days, insiders have sold 74,208 shares of company stock worth $5,714,861. 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.