Global Trust Asset Management LLC Sells 4,389 Shares of DuPont de Nemours, Inc. $DD

Global Trust Asset Management LLC decreased its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 50.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,380 shares of the basic materials company’s stock after selling 4,389 shares during the period. Global Trust Asset Management LLC’s holdings in DuPont de Nemours were worth $301,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JNBA Financial Advisors raised its position 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 buying an additional 216 shares during the last quarter. Valley National Advisers Inc. raised its position 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 last quarter. WPG Advisers LLC bought a new stake in shares of DuPont de Nemours during the first quarter valued at approximately $35,000. Ransom Advisory Ltd bought a new stake in shares of DuPont de Nemours during the first quarter valued at approximately $40,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position in shares of DuPont de Nemours by 1,770.0% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 561 shares of the basic materials company’s stock valued at $42,000 after buying an additional 531 shares during the last quarter. Institutional investors own 73.96% of the company’s stock.

Insider Buying and Selling

In other news, SVP Steven P. Larrabee sold 43,208 shares of DuPont de Nemours stock in a transaction on Monday, September 15th. The stock was 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 in the company, valued at approximately $2,977,604.45. This trade represents a 52.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 74,208 shares of company stock worth $5,714,861 over the last ninety days. 0.61% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Royal Bank Of Canada reiterated an “outperform” rating and set a $94.00 price objective on shares of DuPont de Nemours in a research report on Friday, September 19th. KeyCorp raised their target price on shares of DuPont de Nemours from $92.00 to $93.00 and gave the company an “overweight” rating in a report on Monday, September 22nd. Citigroup raised their target price on shares of DuPont de Nemours from $85.00 to $93.00 in a report on Friday, September 19th. Mizuho raised their target price on shares of DuPont de Nemours from $80.00 to $85.00 and gave the company an “outperform” rating in a report on Tuesday, July 15th. Finally, UBS Group raised their target price on shares of DuPont de Nemours from $87.00 to $89.00 and gave the company a “buy” rating in a report on Monday, July 21st. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $88.33.

DuPont de Nemours Stock Up 2.2%

NYSE DD opened at $76.17 on Monday. 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 company has a fifty day moving average of $75.23 and a two-hundred day moving average of $70.87. The firm has a market capitalization of $31.89 billion, a price-to-earnings ratio of -162.06, a PEG ratio of 2.20 and a beta of 1.07. DuPont de Nemours, Inc. has a 52 week low of $53.77 and a 52 week high of $90.06.

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 the consensus estimate of $1.06 by $0.06. The company 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%. DuPont de Nemours’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $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. On average, analysts predict that DuPont de Nemours, Inc. will post 4.38 earnings per share 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.