DuPont de Nemours, Inc. $DD Shares Acquired by Plato Investment Management Ltd

Plato Investment Management Ltd boosted its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 31.8% in the first quarter, HoldingsChannel reports. The firm owned 970 shares of the basic materials company’s stock after purchasing an additional 234 shares during the quarter. Plato Investment Management Ltd’s holdings in DuPont de Nemours were worth $73,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in DD. Vermillion Wealth Management Inc. acquired a new position in DuPont de Nemours during the 4th quarter valued at approximately $28,000. JNBA Financial Advisors boosted its position in DuPont de Nemours by 132.5% during the 1st quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 216 shares during the period. Valley National Advisers Inc. boosted its position in DuPont de Nemours by 145.0% during the 1st quarter. Valley National Advisers Inc. now owns 419 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 248 shares during the period. WPG Advisers LLC acquired a new position in DuPont de Nemours during the 1st quarter worth $35,000. Finally, Pinney & Scofield Inc. acquired a new position in DuPont de Nemours during the 4th quarter worth $36,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

Insider Activity at DuPont de Nemours

In other news, SVP Steven P. Larrabee sold 6,000 shares of the business’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $78.00, for a total value of $468,000.00. Following the sale, the senior vice president owned 42,585 shares of the company’s stock, valued at approximately $3,321,630. The trade was a 12.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.61% of the company’s stock.

DuPont de Nemours Stock Down 0.9%

DD opened at $77.30 on Friday. DuPont de Nemours, Inc. has a one year low of $53.77 and a one year high of $90.06. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 1.41. The stock’s fifty day moving average is $74.78 and its 200-day moving average is $71.07. The company has a market capitalization of $32.37 billion, a PE ratio of -164.47, a P/E/G ratio of 1.94 and a beta of 1.07.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings data on Tuesday, August 5th. The basic materials company reported $1.12 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $3.26 billion for the quarter, compared to the consensus estimate of $3.23 billion. During the same quarter in the previous year, the business earned $0.97 EPS. The company’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. On average, equities analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, August 29th will be paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis 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 currently -348.94%.

Wall Street Analysts Forecast Growth

DD has been the subject of a number of analyst reports. KeyCorp boosted their price target on DuPont de Nemours from $87.00 to $92.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 6th. Citigroup boosted their price target on DuPont de Nemours from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, July 3rd. Mizuho boosted their price target 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. Royal Bank Of Canada boosted their price target on DuPont de Nemours from $93.00 to $94.00 and gave the stock an “outperform” rating in a research report on Friday, August 8th. Finally, UBS Group boosted their price target 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. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $88.25.

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.