NBT Bank N A NY Reduces Stock Position in DuPont de Nemours, Inc. $DD

NBT Bank N A NY lessened its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 2.5% during the 2nd quarter, Holdings Channel reports. The firm owned 22,962 shares of the basic materials company’s stock after selling 586 shares during the quarter. NBT Bank N A NY’s holdings in DuPont de Nemours were worth $1,575,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. JNBA Financial Advisors lifted its holdings in shares of DuPont de Nemours by 132.5% in the 1st 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 period. Valley National Advisers Inc. lifted its holdings in shares of DuPont de Nemours by 145.0% in the 1st 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 position in shares of DuPont de Nemours in the 1st quarter valued at about $35,000. Ransom Advisory Ltd acquired a new position in shares of DuPont de Nemours in the 1st quarter valued at about $40,000. Finally, REAP Financial Group LLC lifted its holdings in shares of DuPont de Nemours by 80.1% in the 2nd quarter. REAP Financial Group LLC now owns 605 shares of the basic materials company’s stock valued at $42,000 after buying an additional 269 shares during the period. Institutional investors and hedge funds own 73.96% of the company’s stock.

Insider Activity at DuPont de Nemours

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the stock in a transaction that occurred 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 transaction, the senior vice president owned 38,585 shares of the company’s stock, valued at $2,977,604.45. This represents a 52.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 74,208 shares of company stock worth $5,714,861 over the last ninety days. 0.61% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

DD has been the subject of several analyst reports. UBS Group boosted their price objective on DuPont de Nemours from $87.00 to $89.00 and gave the company a “buy” rating in a report on Monday, July 21st. Wells Fargo & Company boosted their price objective on DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, July 14th. KeyCorp upped their price target on DuPont de Nemours from $92.00 to $93.00 and gave the stock an “overweight” rating in a report on Monday, September 22nd. Citigroup upped their price target on DuPont de Nemours from $85.00 to $93.00 in a report on Friday, September 19th. Finally, Mizuho upped their price target on DuPont de Nemours from $80.00 to $85.00 and gave the stock an “outperform” rating in a report on Tuesday, July 15th. Nine investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, DuPont de Nemours presently has a consensus rating of “Moderate Buy” and a consensus price target of $88.33.

DuPont de Nemours Price Performance

Shares of DuPont de Nemours stock opened at $78.31 on Thursday. The business has a 50 day simple moving average of $75.82 and a two-hundred day simple moving average of $71.07. DuPont de Nemours, Inc. has a 12 month low of $53.77 and a 12 month high of $87.80. The stock has a market capitalization of $32.79 billion, a P/E ratio of -166.62, a PEG ratio of 2.28 and a beta of 1.08. 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 (NYSE:DD) last announced its earnings results on Tuesday, August 5th. The basic materials company reported $1.12 EPS for the quarter, beating 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 business had revenue of $3.26 billion during the quarter, compared to analysts’ expectations of $3.23 billion. During the same quarter in the prior year, the firm earned $0.97 earnings per share. The business’s 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. As a group, analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours 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.