Earnings
Engineers Gate Manager LP Sells 35,053 Shares of DuPont de Nemours, Inc. $DD
Engineers Gate Manager LP significantly reduced its stake in DuPont de Nemours (NYSE:DD) by 55.6% in the second quarter, selling 35,053 shares and retaining 28,014 shares valued at $3.8 million. Despite this, institutional investors collectively own 73.96% of the company, and analysts maintain a "Moderate Buy" consensus rating with an average price target of $166.60. DuPont reported strong Q2 earnings of $1.88 per share, surpassing estimates, and revenue increased 4% year-over-year to $1.82 bill