Shell Asset Management Co. Raises Holdings in DuPont de Nemours, Inc. $DD

Shell Asset Management Co. lifted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 128.6% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 27,768 shares of the basic materials company’s stock after acquiring an additional 15,621 shares during the period. Shell Asset Management Co.’s holdings in DuPont de Nemours were worth $1,905,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. KLP Kapitalforvaltning AS grew its stake in shares of DuPont de Nemours by 3.4% during the second quarter. KLP Kapitalforvaltning AS now owns 157,376 shares of the basic materials company’s stock worth $10,794,000 after acquiring an additional 5,200 shares during the last quarter. Richwood Investment Advisors LLC grew its stake in shares of DuPont de Nemours by 8.1% during the second quarter. Richwood Investment Advisors LLC now owns 3,371 shares of the basic materials company’s stock worth $231,000 after acquiring an additional 253 shares during the last quarter. Roberts Wealth Advisors LLC grew its stake in shares of DuPont de Nemours by 1.3% during the second quarter. Roberts Wealth Advisors LLC now owns 38,653 shares of the basic materials company’s stock worth $2,651,000 after acquiring an additional 479 shares during the last quarter. Iowa State Bank grew its stake in shares of DuPont de Nemours by 1.1% during the second quarter. Iowa State Bank now owns 25,623 shares of the basic materials company’s stock worth $1,757,000 after acquiring an additional 281 shares during the last quarter. Finally, Valeo Financial Advisors LLC grew its stake in shares of DuPont de Nemours by 9,614.8% during the second quarter. Valeo Financial Advisors LLC now owns 624,659 shares of the basic materials company’s stock worth $42,845,000 after acquiring an additional 618,229 shares during the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Trading Down 0.7%

DuPont de Nemours stock opened at $78.31 on Thursday. The company has a current ratio of 1.41, a quick ratio of 0.94 and a debt-to-equity ratio of 0.23. DuPont de Nemours, Inc. has a 12 month low of $53.77 and a 12 month high of $87.80. The stock’s 50 day simple moving average is $75.82 and its two-hundred day simple moving average is $71.07. The firm has a market cap of $32.79 billion, a PE ratio of -166.62, a P/E/G ratio of 2.28 and a beta of 1.08.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings data on Tuesday, August 5th. The basic materials company reported $1.12 EPS for the quarter, topping the consensus estimate of $1.06 by $0.06. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%.The business had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.23 billion. During the same quarter in the prior year, the firm posted $0.97 EPS. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. DuPont de Nemours has set its FY 2025 guidance at 4.400-4.400 EPS. Q3 2025 guidance at 1.150-1.150 EPS. Analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

Analyst Upgrades and Downgrades

DD has been the topic of a number of research analyst reports. BMO Capital Markets dropped their price target 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. UBS Group upped their target price on DuPont de Nemours from $87.00 to $89.00 and gave the company a “buy” rating in a research report on Monday, July 21st. KeyCorp upped their target price on DuPont de Nemours from $92.00 to $93.00 and gave the company an “overweight” rating in a research report on Monday, September 22nd. Mizuho upped their target price on 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, Royal Bank Of Canada reiterated an “outperform” rating and issued a $94.00 target price on shares of DuPont de Nemours in a research report on Friday, September 19th. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $88.33.

Insider Buying and Selling

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $77.17, for a total value of $3,334,361.36. Following the sale, the senior vice president owned 38,585 shares in the company, valued at approximately $2,977,604.45. This represents a 52.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In the last 90 days, insiders sold 74,208 shares of company stock valued at $5,714,861. Corporate insiders own 0.61% of the company’s stock.

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.