Legal & General Group Plc and Axa S.A. have significantly increased their stocks holding in DuPont de Nemours, Inc.. This reflected the trust of large-scale investors in the company's potential and profitability, which was echoed by the stock performance being up by 0.9% since the last earnings report. DD also made a new 52-week high at $85.12 and was deemed a solid, long-term momentum stock. These achievements came despite revenue shortcomings. Noteworthy is the company's commitment to sustainability - the Low-GWP Styrofoam and the digital tool estimating sustainability impact from the use of water treatment technologies. DuPont was also noticeably popular amongst institutional investors holding 73% of the shares. The company plans to separate into three distinct entities - a bold strategic move expected to drive growth. Despite whispers of inside selling, a strong trading journey was reported, and positive predictions suggest DD is undervalued. Q2 2024 earnings exceeded expectations contributing to a strong overall financial performance. The current stock performance is 11% up, and a dividend has been announced. DD has pledged to produce net-zero emissions by 2050. However, risks relating to PFAS chemicals loom large.
Dupont De Nemours DD News Analytics from Mon, 20 Nov 2023 08:00:00 GMT to Sun, 29 Sep 2024 09:27:28 GMT -
Rating 8
- Innovation 6
- Information 8
- Rumor -3
