Millington Financial Advisors LLC Buys New Position in DuPont de Nemours, Inc. $DD

Millington Financial Advisors LLC purchased a new position in shares of DuPont de Nemours, Inc. (NYSE:DD) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 28,931 shares of the basic materials company’s stock, valued at approximately $2,197,000.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC grew its stake in shares of DuPont de Nemours by 19.6% in the fourth quarter. Brighton Jones LLC now owns 5,012 shares of the basic materials company’s stock worth $382,000 after acquiring an additional 822 shares in the last quarter. Empowered Funds LLC raised its position in shares of DuPont de Nemours by 8.9% during the 1st quarter. Empowered Funds LLC now owns 11,550 shares of the basic materials company’s stock worth $863,000 after acquiring an additional 947 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of DuPont de Nemours during the 2nd quarter worth approximately $365,000. Farther Finance Advisors LLC lifted its position in DuPont de Nemours by 8.7% in the second quarter. Farther Finance Advisors LLC now owns 8,018 shares of the basic materials company’s stock valued at $550,000 after acquiring an additional 642 shares during the last quarter. Finally, Park Avenue Securities LLC acquired a new stake in shares of DuPont de Nemours in the 2nd quarter valued at about $814,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

Insider Transactions at DuPont de Nemours

In other news, CEO Lori Koch sold 9,011 shares of DuPont de Nemours stock in a transaction that occurred on Friday, November 28th. The shares were sold at an average price of $39.46, for a total transaction of $355,574.06. Following the completion of the sale, the chief executive officer directly owned 288,326 shares in the company, valued at approximately $11,377,343.96. This trade represents a 3.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Erik T. Hoover sold 6,005 shares of the company’s stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $39.79, for a total value of $238,938.95. Following the completion of the sale, the senior vice president owned 112,101 shares in the company, valued at approximately $4,460,498.79. This represents a 5.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.61% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on DD shares. KeyCorp lifted their target price on shares of DuPont de Nemours from $45.00 to $51.00 and gave the company an “overweight” rating in a report on Friday, January 9th. Weiss Ratings restated a “sell (d+)” rating on shares of DuPont de Nemours in a research note on Monday, December 22nd. Deutsche Bank Aktiengesellschaft reduced their target price on shares of DuPont de Nemours from $90.00 to $46.00 and set a “buy” rating for the company in a report on Tuesday, November 25th. Citigroup raised their price target on DuPont de Nemours from $47.00 to $50.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Wall Street Zen raised DuPont de Nemours to a “hold” rating in a research note on Saturday, January 10th. Ten investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.99.

DuPont de Nemours Stock Up 2.6%

DuPont de Nemours stock opened at $43.36 on Thursday. The stock’s 50 day moving average price is $40.88 and its 200 day moving average price is $35.48. DuPont de Nemours, Inc. has a 1-year low of $22.50 and a 1-year high of $44.17. The company has a market cap of $18.17 billion, a PE ratio of -23.57, a price-to-earnings-growth ratio of 3.13 and a beta of 1.08. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.00 and a quick ratio of 1.63.

DuPont de Nemours (NYSE:DD) last released its earnings results on Thursday, November 6th. The basic materials company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.05. The company had revenue of $3.07 billion during the quarter, compared to the consensus estimate of $3.12 billion. DuPont de Nemours had a positive return on equity of 7.81% and a negative net margin of 6.17%.DuPont de Nemours’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.18 earnings per share. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. On average, sell-side analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours declared that its board has authorized a stock repurchase program on Thursday, November 6th that authorizes the company to buyback $2.00 billion in shares. This buyback authorization authorizes the basic materials company to reacquire up to 12.2% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

DuPont de Nemours Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Friday, November 28th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.8%. The ex-dividend date was Friday, November 28th. DuPont de Nemours’s dividend payout ratio is presently -43.48%.

DuPont de Nemours Company Profile

DuPont de Nemours (NYSE: DD) is a global science and engineering company that develops and supplies specialty materials, chemicals and industrial biosciences for a wide range of markets. Headquartered in Wilmington, Delaware, the company traces its origins to 1802 and has evolved through more than two centuries of innovation. In recent history DuPont participated in a major combination with Dow Chemical and subsequent reorganization that refocused the company on differentiated, specialty businesses built around science-based solutions.

DuPont’s operations center on advanced materials and technologies used by manufacturers and OEMs in industries such as transportation, electronics, construction, industrial manufacturing and worker safety.