DuPont de Nemours, Inc. $DD Shares Sold by Farmers & Merchants Investments Inc.

Farmers & Merchants Investments Inc. lowered its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 17.9% during the second quarter, Holdings Channel reports. The fund owned 1,177 shares of the basic materials company’s stock after selling 257 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in DuPont de Nemours were worth $81,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Vermillion Wealth Management Inc. purchased a new position in DuPont de Nemours in the 4th quarter valued at about $28,000. JNBA Financial Advisors raised its position in shares of DuPont de Nemours by 132.5% in the first quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company’s stock valued at $28,000 after buying an additional 216 shares during the last quarter. Valley National Advisers Inc. lifted its stake 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 buying an additional 248 shares during the period. WPG Advisers LLC acquired a new stake in DuPont de Nemours during the first quarter worth approximately $35,000. Finally, Ransom Advisory Ltd purchased a new stake in DuPont de Nemours in the 1st quarter worth approximately $40,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

Analyst Ratings Changes

DD has been the topic of several analyst reports. 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 report on Friday, September 19th. Royal Bank Of Canada reissued an “outperform” rating and issued a $94.00 price target on shares of DuPont de Nemours in a research note on Friday, September 19th. KeyCorp lifted their price target on DuPont de Nemours from $92.00 to $93.00 and gave the company an “overweight” rating in a report on Monday. Citigroup increased their price objective on shares of DuPont de Nemours from $85.00 to $93.00 in a report on Friday, September 19th. Finally, Wells Fargo & Company boosted their target price on shares of DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, July 14th. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $88.33.

Insider Buying and Selling at DuPont de Nemours

In related news, SVP Steven P. Larrabee sold 43,208 shares of the company’s stock in a transaction 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 sale, the senior vice president directly owned 38,585 shares of the company’s stock, valued at approximately $2,977,604.45. This represents a 52.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders have sold 74,208 shares of company stock worth $5,714,861. Insiders own 0.61% of the company’s stock.

DuPont de Nemours Stock Performance

NYSE DD opened at $77.52 on Wednesday. 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, Inc. has a 1-year low of $53.77 and a 1-year high of $90.06. The firm has a market capitalization of $32.46 billion, a P/E ratio of -164.94, a P/E/G ratio of 2.26 and a beta of 1.07. The business’s 50-day simple moving average is $75.18 and its 200-day simple moving average is $70.92.

DuPont de Nemours (NYSE:DD) last posted its quarterly 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 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%. DuPont de Nemours’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter last year, the firm 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 predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

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.