Bar Harbor Wealth Management Sells 427 Shares of DuPont de Nemours, Inc. $DD

Bar Harbor Wealth Management reduced its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 4.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,207 shares of the basic materials company’s stock after selling 427 shares during the period. Bar Harbor Wealth Management’s holdings in DuPont de Nemours were worth $632,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Nuveen LLC acquired a new stake in shares of DuPont de Nemours in the 1st quarter valued at about $531,037,000. Price T Rowe Associates Inc. MD grew its stake in shares of DuPont de Nemours by 21.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,159,807 shares of the basic materials company’s stock valued at $310,656,000 after buying an additional 746,364 shares during the period. Strs Ohio acquired a new stake in shares of DuPont de Nemours in the 1st quarter valued at about $54,934,000. Valeo Financial Advisors LLC grew its stake in shares of DuPont de Nemours by 9,614.8% in the 2nd quarter. Valeo Financial Advisors LLC now owns 624,659 shares of the basic materials company’s stock valued at $42,845,000 after buying an additional 618,229 shares during the period. Finally, Drummond Knight Asset Management Pty Ltd acquired a new stake in shares of DuPont de Nemours in the 1st quarter valued at about $25,307,000. 73.96% of the stock is owned by institutional investors.

DuPont de Nemours Price Performance

Shares of NYSE DD opened at $77.82 on Friday. 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 market capitalization of $32.58 billion, a PE ratio of -165.57, a PEG ratio of 2.26 and a beta of 1.08. The stock’s 50 day moving average price is $75.94 and its 200-day moving average price is $71.07. DuPont de Nemours, Inc. has a twelve month low of $53.77 and a twelve month high of $87.80.

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, topping analysts’ consensus estimates of $1.06 by $0.06. The company had revenue of $3.26 billion for the quarter, compared to analysts’ expectations 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 was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.97 EPS. 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 anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

Analysts Set New Price Targets

Several analysts have recently commented on the company. UBS Group raised their target price on DuPont de Nemours from $87.00 to $89.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Wells Fargo & Company lifted their price target on DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, July 14th. Mizuho lifted their price target on DuPont de Nemours from $80.00 to $85.00 and gave the company an “outperform” rating in a research note on Tuesday, July 15th. Citigroup lifted their price target on DuPont de Nemours from $85.00 to $93.00 in a research note on Friday, September 19th. Finally, KeyCorp lifted their price target on DuPont de Nemours from $92.00 to $93.00 and gave the company an “overweight” rating in a research note on Monday, September 22nd. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $88.33.

Insider Activity at DuPont de Nemours

In related news, SVP Steven P. Larrabee sold 43,208 shares of DuPont de Nemours stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $77.17, for a total value of $3,334,361.36. Following the sale, the senior vice president owned 38,585 shares of the company’s stock, valued at approximately $2,977,604.45. The trade was a 52.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders have sold 74,208 shares of company stock valued at $5,714,861. Insiders own 0.61% of the company’s stock.

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.