As healthcare grapples with a wide array of challenges that pose a threat to the industry's future
improving children's health looms as a potential answer to drive sustainability for the system.At Nemours Children's Health
is focused on advocating for the value of investing in childhood prevention
while strategizing for where children's health is heading
The United States has a massive burden of chronic disease, one that could be significantly lessened by addressing health trajectories in children, according to Moss. That burden is creating problems in several areas, from the $4.5 trillion in annual costs
to the strain on providers' resources to care for patients
"The biggest issue for me continues to be our opportunity to do a better job demonstrating that children's health is not just about treating sick kids," Moss told HealthLeaders
"Children's health is about the health of our entire country
"One of the things that that I always try to do
that I think the whole children's hospital industry can do a better job of
is demonstrating that children's health is the lever we have to power our society and our economy
I just get out of bed every day thinking about that because if we could do a better job of that
the shiny object challenges of the day would tend to fade away."
the priority is advancing whole child health models that promote health
and wellbeing over the course of a child's life
Those models are influencing how children's health is trending and the type of medical care children's hospitals are emphasizing.With higher acuity in inpatient settings and more care being administered at home and in outpatient settings
Moss believes the children's hospital of the future will be a giant ICU with only acute care beds
most of the care that is delivered in the medical-surgical unit today will be delivered at home
we're investing very heavily in something that we call advanced pediatric care at home
which is essentially hospital-level care at home
which we are actively testing and moving very rapidly towards becoming a part of the way that we deliver care here," Moss said
"I hope that we're able to demonstrate to other children's health systems around the country that that's the way to go."
FAAP, president and CEO, Nemours Children's Health
Moss is also bullish on new technology allowing for more innovation in children's health
By leveraging AI to improve care management and care coordination at a sophisticated level
children's hospitals can scale a major hurdle that currently places limitations on providers."In the children's healthcare world
our biggest challenge is the subset of kids we call children with medical complexity," Moss said
"Those are the kids with multiple congenital anomalies
the kind of things that that require what only a children's hospital can do
Yet coordinating that care requires multiple specialists in a variety of procedures and it's the thing we do poorly in healthcare
Nemours is partnering with a startup company that's looking at ways to create a virtual care coordinator and care manager to give the health system "essentially an unlimited workforce of roles that are really
That partnership has yet to be officially announced
but Moss is excited by the opportunity and expects it to greatly benefit children's families
Nemours has been active with capital investments in its home states of Delaware and Florida to strengthen care delivery efforts
While Nemours is interested in delivering population health and elevating children's health outside the hospital
it also wants to care for the sickest of kids
"An emphasis on health outside of the hospital and keeping kids out of the hospital is not a de-emphasis on high-end tertiary quaternary care for kids who need that," Moss said
the health system announced it would spend $130 million in 2025 on projects in Delaware
including a new Maternal and Fetal Health Program and expansion of its neonatology
cancer and cardiology programs.At its Central Florida campus
Nemours is investing $300 million over the next four years on expanding the pediatric hospital
and building a new administrative building
"We're finding with the increased visibility we've had in the market and with how responsive communities and families have been through our whole child health model
we've seen a big increase in demand for our high-end tertiary quaternary services
so more kids who maybe were going somewhere else are now coming to us for those services and we need to be there to deliver," Moss said
Taking care of the sick will always be a core function of hospitals
but bettering the health of communities in a meaningful way requires a comprehensive approach
"Whether we're leaders in healthcare or we're at the front lines taking care of patients
Jay Asser is the CEO editor for HealthLeaders.
Investing in children's health can reduce chronic disease and healthcare spending
says Nemours Children's Health president and CEO R
Nemours is working to advance hospital-level pediatric care at home and develop AI-driven care coordination
even as the focus shifts to whole child health and preventive models
Is the APP the answer to the CMO's workforce and budget challenges
a growing tension is becoming clear: the reality of what AI can deliver versus what it can't
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according to the company in its most recent 13F filing with the SEC
The fund owned 5,012 shares of the basic materials company's stock after purchasing an additional 822 shares during the quarter
Brighton Jones LLC's holdings in DuPont de Nemours were worth $382,000 as of its most recent SEC filing
Institutional investors and hedge funds own 73.96% of the company's stock
Wall Street Analysts Forecast GrowthSeveral brokerages have commented on DD
Mizuho dropped their price target on DuPont de Nemours from $100.00 to $80.00 and set an "outperform" rating on the stock in a research report on Tuesday
KeyCorp raised shares of DuPont de Nemours from a "sector weight" rating to an "overweight" rating and set a $81.00 target price on the stock in a research report on Monday
UBS Group reduced their price target on shares of DuPont de Nemours from $103.00 to $75.00 and set a "buy" rating for the company in a report on Tuesday
Citigroup dropped their price objective on shares of DuPont de Nemours from $95.00 to $74.00 and set a "buy" rating on the stock in a report on Tuesday
reduced their target price on shares of DuPont de Nemours from $101.00 to $76.00 and set an "overweight" rating for the company in a research note on Tuesday
Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock
DuPont de Nemours has an average rating of "Moderate Buy" and a consensus target price of $85.79
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting
This story was reviewed by MarketBeat's editorial team prior to publication
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In a recent report dated May 5, 2025, analyst Aleksey Yefremov from Keybanc has raised the price target for DuPont de Nemours (DD, Financial)
reflecting a positive outlook on the stock's performance
The investment firm has adjusted its price target from $81.00 to $85.00
Despite the revised price target, Keybanc has maintained its "Overweight" rating on DuPont de Nemours (DD, Financial)
The continuation of this rating suggests confidence in the company's future prospects
The increase in the price target indicates Keybanc's expectation of potential upside in DuPont de Nemours' stock (DD, Financial) valuation
adding to investor insights as they consider their investment strategies
Based on the consensus recommendation from 19 brokerage firms, DuPont de Nemours Inc's (DD, Financial) average brokerage recommendation is currently 2.1
Nemours Children’s Health becomes the official Children’s Health Partner of the Philadelphia Union
Subaru Park and WSFS Bank Sportsplex; Proud Entitlement Partner of Kids Night this Saturday
Philadelphia Union announced today that they have entered a five-year partnership with Nemours Children’s Health as it becomes the Official Children's Health Partner of the Philadelphia Union
Nemours Children’s will provide on-call sports medicine care and annual physicals to the Philadelphia Union Academy throughout the duration of the partnership
the Union and Nemours hosted a pep rally at their Wilmington
The event included patients and their families enjoying Union carnival-style games and prizes
Nathan Harriel and Jeremy Rafanello alongside mascot
took a trip around the hospital and visited with patients in the physical therapy gym and orthopedics wing
Union’s Chief Revenue Officer Charlie Slonaker and Nathan Harriel
alongside Chief of Orthopedics for Nemours Children’s Hospital
were also on-site to speak in honor of this new partnership
“We are excited to announce our new partnership with Nemours Children’s Health,” said Chief Revenue Officer Charlie Slonaker
“The Union and Nemours share a commitment to helping our young athletes and those in the community grow into strong
We’re proud to collaborate with a partner that shares our long-term vision for youth development and community impact.”
“While this partnership makes Nemours the medical care team for the Philadelphia Union Academy
it also allows us to work with a well-respected team that understands the power of creating the healthiest generations of children” said Dr
Chair of Orthopedics for Nemours Children’s Hospital Delaware Valley
“We look forward to working with the Union to celebrate the joy of soccer with families and connect with the community.”
In addition to providing on call health care to the Philadelphia Union Academy
Nemours also becomes the proud entitlement partner of the Union’s Kids Night on April 26 when the club hosts D.C
Nemours will also sponsor ‘Ball Delivery Kid of the Match’ which will feature a Nemours patient at each Union home game
where the child will deliver the match ball and enjoy the game field side with their family
Nemours will also be the supporting partner of Army Navy Cup
and Eastern Pennsylvania Youth Soccer Association (EPYSA) and an associate partner of Fearless 43 Kick Childhood Cancer
supporting all ‘Union Kick Childhood Cancer’ activations throughout September
The 2025 schedule has been released and now is the perfect time to lock in the best seats for all the key matchups at Subaru Park
Monday - Friday 9am-12pm / 2pm-6pm GMT + 1
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DuPont de Nemours (NYSE:DD) is gearing up to announce its quarterly earnings on Friday
Here's a quick overview of what investors should know before the release
Analysts are estimating that DuPont de Nemours will report an earnings per share (EPS) of $0.95
The market awaits DuPont de Nemours's announcement
with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter
It's important for new investors to understand that guidance can be a significant driver of stock prices
The company's EPS beat by $0.15 in the last quarter
leading to a 0.34% increase in the share price on the following day
Here's a look at DuPont de Nemours's past performance and the resulting price change:
Shares of DuPont de Nemours were trading at $65.99 as of April 30
Given that these returns are generally negative
long-term shareholders are likely bearish going into this earnings release
staying informed about market sentiments and expectations in the industry is paramount
This analysis provides an exploration of the latest insights on DuPont de Nemours
A total of 14 analyst ratings have been received for DuPont de Nemours
with the consensus rating being Outperform
The average one-year price target stands at $86.36
we explore the analyst ratings and average 1-year price targets of PPG Indus
offering insights into their relative performance expectations and market positioning
The peer analysis summary provides a snapshot of key metrics for PPG Indus
illuminating their respective standings within the industry
These metrics offer valuable insights into their market positions and comparative performance
DuPont de Nemours has the highest revenue growth among its peers
DuPont is a diversified global specialty chemicals company created in 2019 as a result of the DowDuPont merger and subsequent separations
Its portfolio includes specialty chemicals and downstream products that serve the electronics
DuPont plans to spin off its electronics business by the end of 2025
Market Capitalization: Positioned above industry average
the company's market capitalization underscores its superiority in size
DuPont de Nemours showcased positive performance
achieving a revenue growth rate of 6.69% as of 31 December
This reflects a substantial increase in the company's top-line earnings
the company stands out with a growth rate higher than the average among peers in the Materials sector
Net Margin: DuPont de Nemours's net margin is below industry averages
indicating potential challenges in maintaining strong profitability
the company may face hurdles in effective cost management
Return on Equity (ROE): DuPont de Nemours's ROE is below industry standards
pointing towards difficulties in efficiently utilizing equity capital
the company may encounter challenges in delivering satisfactory returns for shareholders
Return on Assets (ROA): DuPont de Nemours's ROA is below industry averages
indicating potential challenges in efficiently utilizing assets
the company may face hurdles in achieving optimal financial returns
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms
To track all earnings releases for DuPont de Nemours visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor
Benzinga does not provide investment advice
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The firm had revenue of $3.07 billion for the quarter
compared to the consensus estimate of $3.05 billion
DuPont de Nemours had a return on equity of 7.12% and a net margin of 5.47%
The company's revenue for the quarter was up 4.6% compared to the same quarter last year
During the same quarter in the previous year
DuPont de Nemours updated its FY 2025 guidance to 4.300-4.400 EPS and its Q2 2025 guidance to 1.050-1.050 EPS
NYSE DD traded down $1.83 during trading on Monday
3,161,242 shares of the company's stock traded hands
compared to its average volume of 2,417,504
DuPont de Nemours has a 12-month low of $53.77 and a 12-month high of $90.06
The company has a debt-to-equity ratio of 0.22
a current ratio of 1.33 and a quick ratio of 0.88
The firm has a market cap of $27.38 billion
a price-to-earnings-growth ratio of 2.15 and a beta of 1.07
The company's 50 day simple moving average is $69.49 and its two-hundred day simple moving average is $76.46
The firm also recently disclosed a quarterly dividend
This represents a $1.64 dividend on an annualized basis and a yield of 2.51%
The ex-dividend date of this dividend is Friday
DuPont de Nemours's dividend payout ratio (DPR) is presently -863.16%
An institutional investor recently raised its position in DuPont de Nemours stock. Brighton Jones LLC boosted its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 19.6% in the fourth quarter
according to the company in its most recent Form 13F filing with the Securities & Exchange Commission
The firm owned 5,012 shares of the basic materials company's stock after buying an additional 822 shares during the period
Brighton Jones LLC's holdings in DuPont de Nemours were worth $382,000 as of its most recent filing with the Securities & Exchange Commission
73.96% of the stock is currently owned by institutional investors
BMO Capital Markets upped their target price on DuPont de Nemours from $105.00 to $112.00 and gave the company an "outperform" rating in a research note on Thursday
Wolfe Research upgraded DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 price target on the stock in a report on Friday
Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock
the stock presently has an average rating of "Moderate Buy" and an average target price of $85.07
Check Out Our Latest Stock Report on DD
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DuPont de Nemours (DD, Financial) has recently been the subject of an analyst action from Morgan Stanley
According to the latest report dated May 5
analyst Vincent Andrews has maintained the current rating of 'Equal-Weight' for the stock
However, there has been a notable adjustment in the price target for DuPont de Nemours (DD, Financial)
The price target has been lowered from USD 94.00 to USD 80.00
This adjustment represents a percentage change of -14.89% from the prior target
The unchanged rating of 'Equal-Weight' indicates Morgan Stanley's perspective that the stock will perform in line with the average market performance
Should you invest in DuPont de Nemours Inc (DD, Financial) right now? Before you do it, it’s important to understand the business profitability and stock valuations, and find out what the warning signs are about. See the in-depth DuPont de Nemours Inc (DD) stock research here
DDDupont De Nemours Inc DD reported quarterly adjusted earnings of $1.03 per share for the quarter ended March 31
The mean expectation of seventeen analysts for the quarter was for earnings of 95 cents per share
Wall Street expected results to range from 93 cents to 97 cents per share
Revenue rose 4.6% to $3.07 billion from a year ago; analysts expected $3.04 billion
Dupont De Nemours Inc's reported EPS for the quarter was a loss of $1.33
The company reported a quarterly loss of $555 million
Dupont De Nemours Inc shares had fallen by 11.6% this quarter and lost 13.4% so far this year
The mean earnings estimate of analysts had risen by about 1.5% in the last three months.
five analysts negatively revised earnings estimates
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electronic equipment & parts peer group is also "buy"
Wall Street's median 12-month price target for Dupont De Nemours Inc is $81.00
This summary was machine generated from LSEG data May 2 at 11:00 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView
The investment includes $2.5 million for a real-life pediatric nursing training unit at UCF’s Dr
Phillips Nursing Pavilion and $2.5 million for an interdisciplinary research impact fund
As UCF’s first pediatric health-focused Pegasus Partner
Nemours Children’s Health is helping to address a pediatric workforce shortage and improve the health of children in Central Florida and beyond
Nemours Children’s Health, one of the nation’s largest multistate pediatric health systems, will invest $2.5 million in pediatric nursing education, training, innovation and research at UCF’s Dr. Phillips Nursing Pavilion
“Strengthening and solidifying the pediatric nursing workforce into the future starts with leading-edge education
training and development of emerging clinicians and nurse scientists today,” says Matthew Davis
enterprise physician-in-chief and chief scientific officer for Nemours Children’s Health
“This Pegasus Partnership emphasizes our institutions’ shared commitment to education
and also furthers our ability to provide high-quality pediatric care and ultimately meet the needs of the patients and families we serve.”
Building upon UCF’s global expertise in healthcare simulation education and Nemours Children’s clinical excellence
the new Nemours Children’s Health Nursery and Pediatric Unit will be a hub of training
It will be designed to resemble a real-life pediatric hospital unit
Simulation scenarios will give UCF nursing students hands-on
clinical experiences to help them provide high-quality
compassionate care for pediatric patients and their families
Nursing faculty members will collaborate with colleagues across UCF’s healthcare disciplines on research to innovate pediatric education and improve the health of children
“We are thankful for Nemours Children’s continued partnership and support of pediatric nursing excellence at UCF.” — Mary Lou Sole
“We are thankful for Nemours Children’s continued partnership and support of pediatric nursing excellence at UCF,” says UCF College of Nursing Dean Mary Lou Sole
together we will grow a pediatric nursing workforce of Knight nurses to care for children in our community
innovate pediatric clinical practices and positively impact children’s health for generations to come.”
Phillips Nursing Pavilion is under construction on UCF’s Academic Health Sciences Campus in Lake Nona
a hub of healthcare activity and innovation including UCF’s College of Medicine and Nemours Children’s Hospital
The nursery and pediatric unit will be located within the Helene Fuld Health Trust STIM Center on the second floor — a high-tech centerpiece in the new building featuring three times the current simulation space
Nemours Children’s investment also will support the 2,100-square-foot Nemours Children’s Health Learning Studio
one of three high-tech classrooms located off the Collaboration Concourse
The studio will feature an innovative active learning design to facilitate collaboration and small-group work
This investment expands upon Nemours Children’s partnership with UCF’s College of Nursing
Nemours Children’s already participates in UCF’s College of Nursing clinicals program
providing clinical rotations for 120 UCF nursing students in 2024 to gain valuable
Nemours Children’s Health became UCF’s first pediatric health-focused Pegasus Partner
UCF and Nemours Children’s will collaborate on opportunities and initiatives that leverage their collective healthcare and academic excellence to advance children’s health — including the launch of a $2.5M Nemours Impact Fund
an interdisciplinary research collaboration agreement to advance pediatric healthcare and improve children’s health outcomes at individual and population levels
UCF and Nemours Children’s are creating a talent pipeline of skilled, pediatric healthcare providers to address the pediatric workforce shortage. Nemours Children’s previously established the UCF College of Medicine — Nemours Children’s Health Department of Pediatrics to train the next generation of pediatric physicians
With its investment at UCF’s College of Nursing
Nemours Children’s is educating and training future pediatric nurses
According to the Children’s Hospital Association
35% of children’s hospitals across the U.S
are facing a shortage of pediatric registered nurses
Around 85% of UCF’s 16,000 Knight nurse alumni remain in Florida to live and work
growing the workforce at healthcare facilities including Nemours Children’s Hospital
After its anticipated opening in Fall 2025
Phillips Nursing Pavilion will enable UCF to graduate 50% more newly licensed nurses to address the nursing shortage as well as fuel innovation and research
Wednesday's ceremony marked the completion of a leading-edge
24-bed inpatient facility at Nemours Children's Hospital
the first phase of the Moseley Foundation Institute features a family-centered state-of-the-art design that overlooks the beautiful gardens of the Nemours Estate to promote healing and recovery
The second phase of the Moseley Foundation Institute will feature a 19,000-square-foot outpatient Day Hospital and Infusion Center expected to open in October 2025— more than quadrupling its current size
"Today marks a monumental milestone as we open our doors to this extraordinary facility
which will allow us to bring the very best research and clinical care to more children with cancer and blood disorders," said Mark R
Delaware Valley. "The opening of this facility
and the continued growth as we anticipate the second phase of the project
will allow Nemours Children's to provide world-class services right here in the Delaware Valley to children with these illnesses
We are deeply grateful to the Moseley Foundation for this transformative gift."
The vision for the Moseley Foundation Institute began in March 2023 with the gift from the Moseley Foundation
As one of the most significant donations ever made to a U.S
the donation amplifies Nemours Children's ongoing efforts to improve both the outcome and the experience of care for children with cancer
sickle cell disease and other blood disorders
Nemours leaders anticipate both immediate and long-term benefits for patients
"This beautiful facility bears testament to Mrs
Moseley's desire to improve children's health
and specifically to advance health outcomes related to cancer and blood disorders
I believe that she would be particularly proud of the work Nemours Children's is doing to address health disparities in the community where she was raised
We are honored that her legacy will fuel research and scholarship that will have an impact not just in Delaware
but across the country and around the world," said William J
President of the Lisa Dean Moseley Foundation
In addition to the new inpatient facility and Day Hospital and Infusion Center
the Moseley Foundation Institute encompasses several initiatives aimed at improving clinical care and research
"The extraordinary gift from the Moseley Foundation further empowers Nemours Children's to catapult development of new treatment options for the benefit of pediatric patients with cancer
sickle cell disease and other blood disorders," said David C
Chair of Pediatrics at Nemours Children's Health
"We are delighted to open our doors to our first patients
We look forward to providing these patients and their families with the finest
Nemours Children's has achieved many accolades in hematology and oncology research and care including:
To learn more about how this gift will impact the future of care for kids with cancer and blood disorders, please visit: nemours.org/moseleyinstitute
The Nemours Foundation, established through the legacy and philanthropy of Alfred I. duPont, provides pediatric clinical care, research, education, advocacy, and prevention programs to the children, families and communities it serves. For more information, visit Nemours.org
the Lisa Dean Moseley Foundation is a non-profit organization that supports basic medical and scientific research
The Foundation generally accomplishes these goals by collaborating with and funding research and clinical programs undertaken by highly qualified organizations such as Nemours Children's Health
and the Cleveland Clinic (among many other research institutions supported by previous grants made by the Foundation)
The Lisa Dean Moseley Foundation strives to support groundbreaking research and clinical programs with the goal of improving outcomes and saving patient lives.
Nemours Children's Health and the State of Delaware today announced an agreement to create a transformational new effort aimed at making Delaware's..
Nemours Children's Health announced several significant investments today
including plans for a groundbreaking Maternal and Fetal Health Program,..
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DuPont de Nemours (NYSE:DD - Get Free Report) updated its second quarter 2025 earnings guidance on Friday
The company provided earnings per share (EPS) guidance of 1.050-1.050 for the period
The company issued revenue guidance of $3.2 billion-$3.2 billion
compared to the consensus revenue estimate of $3.3 billion
DuPont de Nemours also updated its FY 2025 guidance to 4.300-4.400 EPS
DD has been the topic of a number of recent research reports
KeyCorp upped their price objective on DuPont de Nemours from $81.00 to $85.00 and gave the company an "overweight" rating in a research report on Monday
Mizuho lowered their price target on DuPont de Nemours from $100.00 to $80.00 and set an "outperform" rating for the company in a research report on Tuesday
Morgan Stanley reduced their target price on shares of DuPont de Nemours from $94.00 to $80.00 and set an "equal weight" rating on the stock in a research note on Monday
BMO Capital Markets lifted their price target on shares of DuPont de Nemours from $105.00 to $112.00 and gave the stock an "outperform" rating in a research note on Thursday
Wells Fargo & Company reduced their price objective on shares of DuPont de Nemours from $105.00 to $81.00 and set an "overweight" rating on the stock in a research report on Wednesday
Four equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock
the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $85.07
Check Out Our Latest Research Report on DD
Shares of DD traded down $1.83 during midday trading on Monday
3,161,242 shares of the stock were exchanged
compared to its average volume of 2,417,503
a quick ratio of 0.88 and a debt-to-equity ratio of 0.22
DuPont de Nemours has a 52 week low of $53.77 and a 52 week high of $90.06
The company's 50 day moving average is $69.81 and its two-hundred day moving average is $76.59
The company has a market capitalization of $27.38 billion
DuPont de Nemours (NYSE:DD - Get Free Report) last announced its quarterly earnings results on Friday
The basic materials company reported $1.03 earnings per share for the quarter
topping the consensus estimate of $0.95 by $0.08
The firm had revenue of $3.07 billion during the quarter
compared to analysts' expectations of $3.05 billion
DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%
The company's revenue was up 4.6% compared to the same quarter last year
sell-side analysts anticipate that DuPont de Nemours will post 4.38 earnings per share for the current year
The business also recently disclosed a quarterly dividend
May 30th will be paid a dividend of $0.41 per share
This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.51%
DuPont de Nemours's dividend payout ratio (DPR) is currently -863.16%
An institutional investor recently raised its position in DuPont de Nemours stock. Brighton Jones LLC increased its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 19.6% in the fourth quarter
according to its most recent 13F filing with the Securities and Exchange Commission (SEC)
The fund owned 5,012 shares of the basic materials company's stock after acquiring an additional 822 shares during the period
Brighton Jones LLC's holdings in DuPont de Nemours were worth $382,000 as of its most recent filing with the Securities and Exchange Commission (SEC)
Institutional investors own 73.96% of the company's stock
Market downturns give many investors pause
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DuPont de Nemours, Inc. (NYSE:DD) Q1 2025 Earnings Call Transcript May 2
and welcome to the DuPont First Quarter 2025 Earnings Call
All lines have been placed on mute to prevent any background noise
there will be a question-and-answer session
[Operator Instructions] I would now like to turn the call over to Ed Barna
and thank you for joining us for DuPont’s first quarter 2025 financial results conference call
current Electronics Business President and CEO – elect of the future Independent Electronics company; and Antonella Franzen
We have prepared slides to supplement our remarks
which are posted on DuPont’s website under the Investor Relations tab and through the webcast link
Please read the forward-looking statement disclaimer contained in the slide
we will make forward-looking statements regarding our expectations or predictions about the future
Because these statements are based on current assumptions and factors that involve risks and uncertainties
our actual performance and results may differ materially from our forward-looking statements
as updated by our current and periodic reports
includes a detailed discussion of principal risks and uncertainties
all historical financial measures presented today are on a continuing operations basis and exclude significant items
We will also refer to other non-GAAP measures
A reconciliation to the most directly comparable GAAP financial measure is included in our press release and presentation materials and have been posted to DuPont’s Investor Relations website
I’ll now turn the call over to Lori
we reported solid first quarter results ahead of our previously communicated guidance
First quarter sales grew 6% on an organic basis on strong volume growth
Operating EBITDA of $788 million increased 16% year-over-year
demonstrating strong leverage in the quarter
Operating EBITDA margin of 25.7% increased 240 basis points from prior year
we saw continued broad-based demand in electronics
driven by strength in semi-advanced nodes and AI applications and strong volume growth in our healthcare and water businesses
We continue to see strong order patterns through April
I am pleased with the continued progress that our teams are making on the intended spin-off of our electronics business
we recently achieved several key milestones
which enables us to remain on track for our November 1st separation date
we completed key executive leadership appointments
current DuPont Electronics Business President
Jon is well-positioned to lead the future independent company
given his proven leadership and extensive experience in the semi space and broader electronics industry
We are pleased to have Jon on the call with us this morning
Matt has an impressive track record as a public company CFO
along with deep experience in spin-off transactions
and will serve as a valuable business partner to Jon
we’ve made significant progress on the composition of the Qnity Board
This is a group of highly accomplished leaders with a global business experience
we submitted the initial filing of the Form 10 registration statement with the SEC
This document contains detailed business and financial information related to the future standalone company
as well as information related to the separation
which details how we are addressing tariff uncertainty
We are a global organization with presence in all key regions
including a significant manufacturing footprint in the U.S
Our scale provides ample flexibility to adjust production and product flow
the vast majority of our raw material buy is purchased in the region it is consumed and is not subject to the new tariffs
Our teams have been carefully analyzing ongoing global supply-chain dynamics
engaging with our customer and supplier base
and actively working on a number of tariff mitigation actions
our estimated cost exposure in 2025 before mitigation action is about $500 million on an annualized basis
We have identified actions to substantially offset this potential headwind
with the net cost impact in 2025 currently estimated at about $60 million
which primarily would impact the second half
We continue to evaluate additional measures in order to further minimize the potential impact
we have a solid game plan to continue to consistently deliver results
and we are executing well and advancing our strategic priorities
I am honored to be here today as CEO of Elect of the Future Independent Electronics Company
reflecting the collaborative way we work with our customers
Qnity will be one of the largest pure-play electronics materials and solutions providers in the industry with $4.3 billion in net sales in 2024
We have a broad portfolio and customer relationships founded on a heritage that spans more than 50 years
As the partner of choice for our customers
we have a seat at the design table working to advance their technology roadmaps
enabling the next generation of advanced computing and connectivity applications
we offer a diverse portfolio serving the entire electronics value chain from chip fabrication and advanced packaging to advanced interconnects
We bring material science expertise and end-to-end engineering solutions across the full breadth of our portfolio to deliver world-class innovation to our customers
Qnity is well-positioned to benefit from robust growth in semiconductor markets while leveraging a strong financial profile with about 60% of net sales in semiconductors
the company will compete with a set of recognized global semi participants
and we expect to attract an investor base commensurate with this profile
We have long-term relationships with all key semiconductor and other electronics OEMs in the industry and a strong history of co-development and application engineering to ensure customer success
the business is well-equipped to continue to participate in the AI-driven growth acceleration via our advanced node semi-products and advanced packaging applications for use in data centers and personal devices
We further enable key AI applications with high-density interconnect products and layered thermal management solutions
We believe these leading positions will continue to drive industry outperformance for the future electronics company
we continue to make very good progress on the separation
and I look forward to working more closely with our future Board
I will now turn the call over to Antonella to cover the financials and outlook
I am pleased with the solid start to the year as increased volumes across many key end-markets and continued operational focus by our teams drove strong financial performance in the first quarter
I would also like to remind you that we realigned our segment reporting structure during the quarter
The segment results now reported as ElectronicsCo and IndustrialsCo
Beginning with first quarter financial highlights on Slide 6
net sales of $3.1 billion increased 5% versus the year-ago period as 6% organic sales growth was slightly offset by a currency headwind of 1%
Organic sales growth consisted of an 8% increase in volume
partially offset by a 2% decrease in price
both segments saw organic sales growth with ElectronicsCo and IndustrialsCo up 14% and 2%
Volume gains during the quarter were led by double-digit growth in our businesses serving electronics
Asia Pacific delivered 13% organic sales growth year-over-year
including another strong quarter of growth in China
Organic sales were up 4% in Europe and flat in North America
given the soft construction and auto markets
First quarter operating EBITDA of $788 million increased 16% versus the year-ago period as volume gains and savings from prior year restructuring actions were partially offset by growth investments
Operating EBITDA margin during the quarter of 25.7% increased 240 basis points year-over-year
operating cash flow for the quarter of $382 million
and $79 million of separation-related transaction cost payments resulted in transaction-adjusted free cash flow of $212 million and related conversion of 49%
first quarter cash flow is inclusive of our annual variable compensation payout
We expect cash flow conversion to accelerate as we move through the year
with full-year conversion of greater than 90%
Adjusted EPS for the quarter of $1.03 per share increased 30% from $0.79 in the year-ago period
as well as below-the-line benefits totaling $0.05
ElectronicsCo’s first quarter net sales of $1.1 billion increased 14% versus the year-ago period on both a reported and organic basis due to a 16% increase in volume
organic sales for Semiconductor Technologies were up low-double-digits on strong end-market demand
driven by advanced nodes and AI technology applications
Semi demand in China continued to be strong with better-than-expected growth driven by timing shifts from second quarter into first quarter
Interconnect Solutions also posted another strong quarter with organic sales up high teens
volume gains from AI-driven technology ramps
and continued benefits from content and share gains
Operating EBITDA for ElectronicsCo of $373 million was up 26% versus the year-ago period as volume benefits were partially offset by continued growth investments to support advanced node transitions and AI technology ramps
Operating EBITDA margin during the quarter was 33.4%
up 340 basis points versus the year-ago period
IndustrialsCo’s first quarter net sales of $1.95 billion were flat versus the year-ago period as a 2% organic sales growth was offset by a 1% currency headwind and a 1% unfavorable portfolio impact
Organic sales growth of 2% reflects a 3% increase in volume
partially offset by a 1% decrease in price
In connection with the first quarter Segment Realignment
we have organized IndustrialsCo into two lines of business
Healthcare & Water Technologies consists of our high-growth businesses of healthcare and water
Our healthcare portfolio includes Tyvek medical packaging and garment offerings
Spectrum and Donatelle advanced medical device applications
and Liveo Biopharma processing and solutions
Our water business is a leading technology provider with a comprehensive portfolio of filtration technologies
Water also has strong exposure to secular growth drivers and serves key end-markets such as industrial water and energy
Diversified Industrials is a leading provider of innovative products and solutions supported by well-known brand names serving industrial-based end markets
Healthcare and Water Technology sales were up low-teens on an organic basis versus the year-ago period
reflecting volume gains in all business lines within Healthcare and strength in Water led by reverse osmosis
Diversified Industrials sales were down mid-single-digits on an organic basis due primarily to softness in construction and auto end-markets
Operating EBITDA for IndustrialsCo during the quarter of $464 million was up 6% versus the year-ago period due to volume gains and savings from prior year restructuring actions
Operating EBITDA margin during the quarter was 23.8%
up 130 basis points from the year-ago period
which outlines our latest view on 2025 financial guidance
we estimate net sales of about $3.2 billion
These estimates include a seasonal sequential sales lift
although muted from prior expectations given timing shifts from the second quarter into the first quarter in semi
we are maintaining our guidance at our prior outlook with estimates for net sales of $12.8 billion to $12.9 billion
operating EBITDA of $3.325 billion to $3.375 billion
and adjusted EPS of $4.30 to $4.40 per share
we currently estimate a net cost impact of tariffs of about $60 million or about $0.10 per share
mainly related to the second half of the year
Our financial guidance does not include this estimated net cost impact
as we continue to identify further mitigation actions as well as tariff implementation uncertainty
I am pleased with a solid start to the year and want to thank our employees for delivering these results and for their ongoing support to the separation process
and let me turn it back to the operator to open the Q&A
Your first question comes from the line of Jeffrey Sprague with Vertical Research
I was just wondering if you could just walk us through sort of the exemption process
how many kind of different exemptions do you need or do you have
And most of what you need relative to this guide is that in-hand at this point
when we think about all of the tariff actions that we’re pursuing in terms of supply-chain adjustments
is probably the smallest of those four categories
the bulk of the tariff savings and mitigation actions that we’ve done have really been on the procurement
and supply-chain optimization side of the house
We continue to have very constructive dialogue
particularly in the semiconductor industry
It’s a relatively small percentage of our total mitigation strategy
and we continue to have those dialogs with the teams on the ground
And then so on the supply-chain optimization side
then does that imply that you’re sourcing from Europe now
or somewhere else into China to get around the need for exemptions
what you’re actually doing on the supply-chain side and sourcing
So when we think about our supply routes into China
very little of what we produce in China actually comes from the U.S
It’s a very small percentage of the total
Most of what we buy for our products in China
we’re all sort of – we’re sort of positioned well already
given the extensive footprint across the industry
And in the handful of places where we do have U.S.-sourced materials
we have alternatives of suppliers that we’ve been working with our customers to shift
to those alternative suppliers that wouldn’t have any difficulty with the tariffs
that’s – those are materials are already qualified
there’s a little bit of a timing lag
to make sure that we can qualify those new materials
we’re really well-positioned within the electronics space
where we’re already buying our materials
the total company number for sales that we export from the U.S
So the bulk of the gross impact that we sized at $500 million on an annual basis is us moving intermediate product into China
toward final completion and then shipping to the customer
And so that’s why we’re able to flex our own supply chain internally
to be able to mitigate a lot of that impact
it’s not actually shipping finished product into China
that – those intermediates can come from other places
as part of the sourcing changes and optimization then
Operator: Your next question comes from the line of Scott Davis at Melius Research
Scott Davis: And congrats on all this stuff
I wanted just to see if you could give us the tariff numbers broken down into the two businesses
just starting to think about DuPont as completely separate
You have that data available between Qnity and for DuPont
So just a couple of comments related to that
So when you look at our net exposure for 2025
it’s actually split pretty evenly between ElectronicsCo and IndustrialsCo
So about $30 million in each is kind of the way to think about it
When you think about our exposure relative to a percent of our COGS
it’s actually around 6% for both ElectronicsCo and IndustrialsCo
The one other thing that I would just mention and bring up related to the impact
the in-year impact being about $60 million
that’s predominantly in the second half of the year
and assume nothing changes from where we are today
you don’t walk away thinking the $60 million becomes $120 million next year
and that we have an incremental $60 million headwind
we do have additional incremental mitigating actions that
Some of it relates to qualifying certain products in different areas
So we have incremental mitigating actions that
will come into play towards the end of the year that
will help mitigate any further impact that we would have in 2026
assuming there is no changes from where we are right now
And just to follow-up on Jeff’s question
that $200 million of intermediate product that’s being shipped to China
how – would there be a long-term plan to try to locate that
That’s one of the reasons why you’re shipping it from here to there
Just trying to get a sense of just – the challenge of moving that asset base
or whether this is a bit of a – kind of permanent structural issue
So the $200 million was the finished product export sales from the U.S
that’s the bulk of the gross exposure of the $500 million that we size
That we’ve got continuing actions that we can take either on our own supply chain or favorable outcomes on the exemptions or ultimately pricing actions in excess of the surcharges that we’re putting in place
we get to the place where it’s really not a net impact for us
but it’s not moving your own fixed assets
Operator: Your next question comes from the line of Steve Tusa with JPMorgan
how much of these sales in China do you think – are you like
stepped in on with like long-term contracts with your – with the OEMs there
or whoever is buying and integrating your products and the finished product
what percentage of those sales can they kind of substitute
So when you think about from an electronics point of view
we had about $1.4 billion of sales into China
I would say almost half of that went to multinational company sales
and almost 100% of those multinational company sales
There is an additional probably 25% to 30% that go to the semi-customers
Where we have what we would call a process of record identified
which means that we’re specked into their particular technologies
So switching us out immediately for a competitor
and there’s a lot of cost involved in making that switch
and we get to a point where north of 70% of our sales into China
And then you don’t really have anything that’s like
That’s not really the issue here when you’re shipping to China
Operator: Your next question comes from the line of John McNulty with BMO Capital Markets
Maybe a little bit of a shift away from the tariff question
We’ve been seeing some of the water markets starting to accelerate a bit
but you guys seem like you’re definitely at the high end of some of the results that we’re seeing
as to what that demand is really stemming from
if there’s any specific end markets
or industries that are maybe driving that that would be helpful
So we’ve – we did have really nice results in water in the quarter
and we expect water to be up kind of high single – mid to high single-digits for the year
So a piece of it is the favorable comp from last year
was our low point for the Water business as we saw the tail-end of the destocking
the demand is very strong across the main technologies
whether it’s RO with all of the desalination requirements
Ion exchange is where we get more diversification
from an end-market and application perspective
whether it’s in microelectronics for purification of water
or within food and beverage for purification of water
there is some key nascent technologies that we’re following that
but present nice upside for us as we go forward
especially around PFAS cleanup and the DLE
so the direct lithium extraction opportunity for us
to have the water opportunity in the portfolio
And then just another question on the ElectronicsCo side
you’ve spoken to some of your AI exposure
You specifically called out the Interconnect Solutions side
and some of the AI-driven technology ramps
can you help us to understand the size of that business in Interconnect Solutions
and some of the applications that you’re helping to address there
we sort of talked about sort of AI and particularly kind of the data center and high-performance computing exposure
And part of that is comprised of the advanced chips that
And then the rest of it is sort of in advanced packaging
So data center for us is about 15% of our portfolio
It was actually up mid-teens in the quarter
really with the growth across all of those categories of the advanced chip
Operator: Your next question comes from the line of Christopher Parkinson with Wolfe Research
what you’re seeing across both semi-tech and ICS
And how you’re thinking about the China market
versus just the non-China market in terms of how things are evolving thus far in 2Q
and how that could potentially lead to second half trends
China is the – China growth has really been driven by fairly strong domestic demand in China
as well as a bunch of new fab start-ups that are taking place
typically you’re running a lot of material
because you’re starting out with a fairly low yield
the material consumption is a little bit higher
And then this – the underlying demand in China
As we think about the China demand in semi going forward
we think that normalizes to – so it doesn’t have kind of the elevated
it normalizes to a more normal demand level
and we are expecting about flat for the full year
those customers are operating kind of most
So there’s not really pull-forward dynamics that are happening in the ICS markets
it’s more real-time production and that demand continues to be strong
both in China and really in the rest of the world
we’re expecting high single-digit growth from both semi and ICS for the rest of the year
we see demand really being driven by the AI
and advanced packaging applications continuing through the year
And that’s really what’s fueling most of the growth
Advanced logic and DRAM continue to have high utilization rates
And then it’s the – as we’ve talked about before
if we see any uptick in mature logic and NAND
that would probably give us some nice upside
And those – that commentary is pretty consistent
with what I think what you’ve heard from our customer base in the broader market
you’re kind of leading into my follow-up
When we think about your exposure in packaging and circuit materials
we think about kind of the intermediate to long-term trends in HPC
can you just talk about your competitive positioning
what are we going to be talking about as we approach November 1
’27 earnings in terms of that specific business
So we’re excited about our position
We got a terrific position in both the advanced nodes and the advanced packaging
and cleans continues to be a very strong business for us
And as we go forward into ’26 and ’27
one of the exciting opportunities is just starting to see some of those CMP processes that are used today on the front-end of the line in the semi-world
Moving into the back-end of line into some of the packaging
That will help contribute to kind of what I would call content growth in the semi-process
because today you’re only using those steps mostly on the front-end
And as you start to see those processing steps needed on the back-end
that will be some nice upside opportunity for us
you know where we have a broad set of materials going into that market
We’re well-positioned on both metalization materials and thermal materials
in particular some of the foundry customers to be able to scale-up their 2.5D and 3D packaging technologies
including some of the vertical scaling that may happen
in some of the outer parts of the time horizon that you mentioned
that also represents additional upside for us
we are seeing some nice share gains in the advanced packaging space in particular
And in our Interconnect Solutions business
where we’ve seen some nice share gains over the last few quarters
Operator: Your next question comes from the line of Josh Spector with UBS
and just kind of the logic of not changing the guidance
are you messaging that there is potentially more offsets that could then get you into your original guidance range
or is it just uncertainty and you didn’t want to adjust yet
it’s kind of been a moving target day-by-day
So we wanted to keep our underlying guidance clean
so you can see our operational performance
really hard to offset the impact of the tariffs
We started with a $500 million annualized number
Our impact for the year currently is around $60 million
There clearly could be some incremental mitigation actions that we have in-place
We’ll see what position we’re in
And then we’ll – depending on where things kind of land
the China anti-competitive review that’s going on Tyvek
can you comment on that beyond what you guys had in the press release a month or so ago
if you can say anything about the potential or lack of potential for further China reviews to spread to other parts of the business
Is that a risk that you’re worried about
or is it something that you’re not worried about
So on the second part of your question first
we don’t see a risk of it going beyond the initial Tyvek investigation
So the investigation is kind of at a steady point
So we comply very quickly with all of their requests
So it’s not a huge number for the total company
we don’t see it creeping into other areas of the business
Edward Breen: And the documents that we turned over to them
were all related to just the Tyvek business
And the only thing I would add is while this is ongoing
we are able to continue to sell to customers within the area
Operator: Your next question comes from the line of David Begleiter with Deutsche Bank
our Kevlar and Nomex core to the new DuPont
So we – we’ve been talking when we made the decision to keep the water business that we would build around the high-growth components of the portfolio
and we would look to take complexity out over time
start to reduce the end-markets in which we play
So I don’t want to comment any further on the speculation around the news from the Aramids business
beyond saying that we’ve been pretty vocal about differentially investing
and driving growth around the healthcare and water
can you quantify the impact of the pull-forward of semiconductor technology earnings into Q1 versus Q2
that was – we sized that around $30 million of sales that went into the first quarter from the second quarter
That’s at a pretty high-margin rate
Operator: Your next question comes from the line of John Roberts with Mizuho
Could you give us a little more granularity for the Diversified Industrials segment
and will the 10-Q have any more additional reporting within that kind of sub-segment
So the Diversified is primarily comprised of the Shelter business
which is our auto and aerospace exposed businesses
And the remainder is printing and publishing that came over
which was reported within the Industrial Solutions space
You’ll see that we’re disaggregating revenue for the new DuPont company at two levels
So you’ll see today the Healthcare and Water under one segment and then Diversified Industrials underneath another segment
we’ll have to disaggregate that even farther
So you would see most likely the areas that
and then you would see that Healthcare and Water separately for Healthcare and Water
Operator: Your next question comes from the line of Patrick Cunningham with Citi
You noted share gains pretty consistently for electronics
I’m just wondering in the current sort of environment where we’re seeing normalization and tariff uncertainty
do you see any pressure on that outperformance
whether it’s additional competitive dynamics
Our teams have been – we’re fighting the battles kind of on the street
Our teams are in constant contact with our customers
and we’re watching that really closely
We feel good about our competitive position
The dialogue that we have with our customers is strong
which our customers continue to work towards more advanced technologies with increasing process complexity and increasing quality requirements
there is not as many participants who can help them to maintain the quality and the yields that they need in their facilities
whether you’re talking a semiconductor chip
And we supplement that with large groups of application engineers in the local geographies where our customers are at
to help them optimize their production really
Our engineers are working side-by-side with them in the factory
to help them optimize how our products are used to maximize their performance
And that’s part of the value proposition that we bring
and part of why we have kind of a seat at the design table with them
Like could fresh restrictions be a potential retaliatory measure in this trade environment
Jon Kemp: I think it’s – we watch that closely
It’s certainly a dynamic environment
We don’t have anything kind of scoped out that we’re anticipating at the moment
as we’ve seen since going all the way back to 2019 that it continues to be a dynamic environment
and we’ll continue to watch it closely
I think things have demonstrated an ability to navigate those changes pretty well
Operator: Your next question comes from the line of Aleksey Yefremov with KeyBanc Capital Markets
your full year sales guide is for 3% to 4% growth
that’s acceleration from flat in 1Q
So what would get better here and year-on-year
I think you’re mixing as reported in organic
our organic sales for Industrials were 2% up
we’re kind of forecasting low-single-digits
and we had mentioned that we were trending towards the lower end
versus the total company reported basis – total sales
So not much of a change in trends sounds like
Aleksey Yefremov: And just going back to – okay
so you mentioned the pull-in from Q1 – from Q2 into Q1
you’ve been talking about also potential some of the give-backs from strong sales in China that you could see in ’25
Is that still on the table sometime later in ’25
I think our guide – has it normalizing kind of through the rest of the year
As we continue to see kind of the customers
and part of that is whatever materials they have
we expect will be consumed based on demand
they continue to see fairly strong local demand
and that they’re not talking about hugely elevated inventories
We do expect that there will be some normalization
we’ll have to monitor how that goes
we still expect the markets to be fairly strong
especially in some of the advanced technologies that I’ve talked about
a lot of – China has got data center activity going on
and automotive business that they’re supporting
Their consumer electronics businesses have been fairly strong
And as we see that kind of pan-out globally
we think that demand conditions – what we’re hearing from our customers
is those demand conditions should continue
Operator: Your next question comes from the line of Mike Leithead with Barclays
my understanding is Water and some of the Industrials businesses are often sold through distributors
do you have any sense of channel inventories
and any impact to potential pre-buying in that segment
So that’s what’s kind of driving up the average
But we – in Water to your specific question
we saw all of the destock activity kind of as we headed into the tail-end of ’23
and we don’t see anything building there again
I wanted to follow-up on the Aramids business
I appreciate the disclosure around what drove the timing
But can you just talk a bit more about what drove the write-down
or was it long ago closer to when the merger occurred
Just some sort of context on that would be helpful
there was actually no significant changes to the future cash flows of the business at all
What happened was really more accounting-related is how I would characterize it
So you got to keep in mind that we – as we redid our segments
we had to re-identify what our reporting units were
So Aramids is now a standalone reporting unit
You heard us talk about that kind of in the 10-Q when we would do our annual impairment test
So there was other businesses within there as well
When you pull Aramids out on a standalone basis
no changes to what was expected in terms of performance
But when you look at the carrying value versus the fair-value
the carrying value – the fair-value was lower
so we had to take the impairment charge during the quarter
So it all stemmed from the realignment of the businesses during Q1
Operator: Your next question comes from the line of Mike Sison with Wells Fargo
how should investors think about sort of the right companies to compare you with
And the thought was semiconductor materials and equipment folks
but you’ve seen pretty significant multiple compression at Entegris and others
a lot of the higher-quality materials companies like the Linde
So how do you think about the right comps for your business
and how we look to value the company post-spin
I still think that the industry – the semi-industry pure-plays are still probably the best peer set for us
I recognize there’s been a little – there’s been some compression in the short-term
the industry dynamics are still very favorable with long-term growth
and where we’re going broadly across the electronics space
And I think that will support kind of over-time that will support a long-term very nice valuation for us
and for others in the electronics industry
I’m curious if you’d like to opine on AI
There’s a lot of cost – a lot of questions on whether we peak
that’s probably a good driver for this business longer-term
I think we’re – we continue to believe that we’re still in the very early days of the AI — the adoption of AI use cases and that there’s still a lot of opportunities for further adoption and further growth
I think that’s been reaffirmed a lot by the hyperscalers that have come out
they’re not pulling back their investment
They’re increasing the size of their investment in this space
I kind of sized it with kind of the data center number that
It’s about 15% of the portfolio and it was up mid-teens
It’s a big part of our Advanced Packaging business as well
which is about 10% of the portfolio and it was up in the low-20s in the first-quarter
And we continue to see opportunities for market expansion as well as for share expansion
And we see more-and-more adoption of use cases
become more broadly affordable for more people
it comes back-down to needing more compute and more connectivity
and both of those trends support growth for our business
Operator: Your next question comes from the line of Frank Mitsch with Fermium Research
I wanted to drill into the IndustrialsCo side of the house
Obviously very strong in the Healthcare and Water did low-teens
I believe that initially there was a thought that the Healthcare and Water side would grow mid to-high single-digits
and having done low-teens in the first-quarter
what your thoughts are for the balance of the year
what your thoughts are in terms of growth rates on that side of the business
we’re still in the same zone for the full year growth for Water and Healthcare as you had mentioned
so Healthcare being up more in the high-single-digits in Water mid to-high single-digits
And we actually see them lifting as we go through the year
from new system implementations being put in-place in the second half
pickup on the med device side that’s driving the growth there
On – with the first quarter being up 14% and 11% organically for those businesses was a function of strong markets
which as you – we had mentioned earlier in the call
the water was low from the completion of the destock and we were still seeing the destock on the Tyvek medical packaging side in the first quarter of last year
So we do see those growth rates moderating
the 4% organic decline was really driven by Shelter and Automotive
So those businesses are well-telegraphed to be softening Shelter kind of across mainly the largest soft is filling on the residential side and the do-it-yourself side
And the revisions that came out from IHS in this last cycle
so the full year goes down about 120 basis points
We do see a little bit of a pickup in the second half
really around the personal protection space and the aero piece of industrial remaining strong
as I had mentioned in Healthcare and Water
And just a follow-up on the billing and construction
May for 2Q relative to how they are historically
What – how could you characterize your – the order books there
We had mentioned April turned out strong for us
we typically start with about 75% of the orders on the books for the month
We haven’t seen any slowdown in orders
We actually and usually see orders tick up as you start the year
no change in momentum from that perspective
Operator: Your next question comes from the line of Vincent Andrews with Morgan Stanley
And wondering if you can give us an update on PFAS
and whether you think there’ll be any material developments between now and November spin either in the state attorney generals
it doesn’t seem like anything big will happen until at the early kind of going towards the tail-end of this calendar year
but that will – it’s in phases
so that will probably most likely go through the whole summer
And then the – I’d say the bigger issue
is the personal injury ones and the first bellwether cases for that are in October of this year
So really nothing imminent in the kind of the next six months
Operator: Your next question comes from the line of Arun Viswanathan with RBC Capital Markets
Maybe I could just ask a question about the logistics of the spin
is there – is it possible that you could pursue any M&A ahead of the spin
You talked about growth in Healthcare and Water
possibly monetize some – and could you potentially monetize any other assets ahead of the spins
or is that something that we should expect after November 1
I would say probably nothing material before the November 1
all hands on deck to get the November 1 separation complete
but we are actively looking at areas where we can either add to the portfolio
And I’ll speak to Remainco and maybe Jon can talk a little bit too in Qnity
But we’re always looking and have a robust pipeline
But there’s nothing that I would say is imminent
but it would happen before the November 1 separation
Jon Kemp: And I would be – for Qnity
it would be very similar to how Lori characterized it
have you seen any change in your order patterns amongst some of the industrial customers
maybe in different countries on the water side
Do you see any change in behavior as far as pulling back
or maybe extending out orders as it relates to tariffs
or have – that momentum kind of continued
We haven’t seen any oddities in the order patterns for New DuPont
The order book is consistent with our expectations as we see it through the second quarter
Operator: Our next question will be Steve Byrne
the EPA put out their PFAS – PFAS action item list
and I’m really anxious to hear your view of it
It is quite detailed and quite a few action items
It seems to be a little bit of a different approach than the way they’ve taken on to cut lots of other environmental regs
But a couple of items in there that I wonder what your view is
like they’re proposing to develop some affluent guidelines
you had mentioned the potential benefit in your water business from treatment for PFAS
maybe affluent guidelines could assist in that
although they might cut or change drinking water standards
And the other one they’ve highlighted
whether or not you think that could have an effect on some of the future litigation
there’s no change right now on the opportunity side within the water business to address the PFAS cleanup and remediation work
we continue to make progress within the South Carolina MDL
our exposure is most like most concentrated
So we got large one out-of-the way like a year and a half ago with the water districts as Ed had mentioned on the Bellwether cases on the personal injury front start in October
and then we continue to manage our own kind of state-by-state exposure
But we’ll read-through the document
and see if there’s any changes to our current views
Edward Breen: And remember the personal injury case is coming up
So I think the parameters we had in the last big settlement would clearly apply here also
This $200 million of finished goods shipments from the U.S
And so the tariff would be on them with respect to payment
we’re working to make sure that maybe all the exemptions that could mitigate that piece for them would be in-place evenly that split kind of evenly between Electronics and IndustrialsCo that $200 million
Operator: Question-and-answer session for today
I will now turn the call over back to Ed Barna
Ed Barna: Thank you everyone for joining today
a copy of our transcript will be posted on DuPont’s website
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DuPont de Nemours (NYSE:DD - Get Free Report) updated its FY 2025 earnings guidance on Friday
The company provided earnings per share guidance of 4.300-4.400 for the period
The company issued revenue guidance of $12.8 billion-$12.9 billion
compared to the consensus revenue estimate of $12.7 billion
DuPont de Nemours also updated its Q2 2025 guidance to 1.050-1.050 EPS
Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company
DuPont de Nemours presently has an average rating of "Moderate Buy" and a consensus price target of $85.07
Check Out Our Latest Stock Analysis on DD
Shares of DD traded down $1.83 during mid-day trading on Monday
The stock had a trading volume of 3,161,242 shares
The business has a fifty day moving average of $69.81 and a 200 day moving average of $76.59
a quick ratio of 0.88 and a current ratio of 1.33
DuPont de Nemours has a 12 month low of $53.77 and a 12 month high of $90.06
DuPont de Nemours (NYSE:DD - Get Free Report) last issued its quarterly earnings results on Friday
The basic materials company reported $1.03 earnings per share (EPS) for the quarter
topping analysts' consensus estimates of $0.95 by $0.08
The business had revenue of $3.07 billion during the quarter
compared to analyst estimates of $3.05 billion
DuPont de Nemours's revenue for the quarter was up 4.6% compared to the same quarter last year
Equities analysts predict that DuPont de Nemours will post 4.38 EPS for the current year
May 30th will be issued a dividend of $0.41 per share
A hedge fund recently raised its stake in DuPont de Nemours stock. Brighton Jones LLC raised its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 19.6% in the 4th quarter
according to its most recent 13F filing with the Securities & Exchange Commission
The fund owned 5,012 shares of the basic materials company's stock after purchasing an additional 822 shares during the period
73.96% of the stock is currently owned by hedge funds and other institutional investors
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The new healthcare payment model is centered on the 120,000 children covered by Delaware's Medicaid program
The new payor arrangement aligns the financial incentives that pay for healthcare with Nemours' aim to keep children healthy
This partnership marks the first-ever pediatric global revenue budget model in the United States
Unlike traditional arrangements in which providers earn more money for providing more medical services
Nemours Children's will be incentivized to address both medical and non-medical drivers of children's health in an effort to avoid unnecessary medical expenses,” the press release noted
“This program is a bold next step in Nemours whole child health model
which considers both a child's medical needs and the social and community issues that impact their health
and hospital care with health initiatives that impact all of Delaware's children
including many who come from historically underserved communities
This agreement builds on Nemours longstanding commitment to serving the children of Delaware and further establishes the First State as a leader in child health.”
president and CEO of Nemours Children’s Health
as stating that “We know that what happens in a child's home
and community is critical in setting them up for lifelong health
yet America's healthcare institutions are primarily paid for providing medical care
Today's agreement creates the financial incentives for Nemours and the state of Delaware to align on what we all want: healthier kids who grow up to become healthier adults.”
And it quoted Delaware Governor John Carney
who stated that "Making sure our children are healthy and able to be successful is as important as anything we do
I’m grateful for the hard work that the Department of Health and Social Services and Nemours Children's Health put into this effort to better support children across our state through innovative care,” Governor Carney said
The press release noted that ,“Working in partnership with community support systems and local and state government agencies
Nemours will coordinate access to the broader range of services needed to help children thrive and achieve optimal health
Nemours' unique position as the only multistate
multi-hospital pediatric system in the country will provide broadly applicable lessons in how different financing systems can improve overall child well-being and health in America.”
chief population health officer at Nemours Children’s
as stating that "This innovative global budget model will demonstrate how shifting to a 'pay for health' model can create the healthiest generations of Delaware's children
Addressing social drivers through collaboration with parents
communities and governmental agencies is foundational to the trajectory for healthy kids to become healthy adults."
And it quoted Delaware Health and Social Services Secretary Josette Manning
as stating that "I'm proud that the First State will yet again be first
this time in bringing an innovative model to our state which will ensure the best health outcomes for Delaware's children
I look forward to seeing the results of this effort in the years ahead."
Healthcare Innovation Editor-in-Chief Mark Hagland interviewed Dr
Moss to drill down on the announcement and get his perspective on what is being accomplished in launching this new payment model
How did the journey towards this new payment model begin
It starts at the core of who we are as an organization
Nemours is in the business of creating health
Our kids are every child in our service area
and we should be accountable for creating health for every child
And so we approached the state with that aspirational concept
we were able to sign this MOU [memorandum of understanding.] And by the way
I want to note that our colleagues and partners in the State of Delaware have worked extremely hard on this
People talk about government moving at a slow pace
but that was not my experience of this at all
It’s based on the model of a global budget
where we and the state come to an agreement on the value we mutually decide to put into a yearly spend for healthcare
And then we’re accountable for providing the medical care; and if that ends up being a financial win for Nemours
it’s actually a financial loss for us
we’re learning together with the state
during that three-year learning-model period
our vision is that this is not Nemours and the state sitting on opposite sides of a negotiating table haggling over money; this is us all sitting on the same side of the table asking
how can we create the best health for every child in Delaware
This is the first-ever pediatric global budget model in the U.S
We’ve learned a lot from the state of Maryland in particular
and the total spend per person is different in childhood than in adulthood
interventions outside the hospital to create health in childhood
And now that we’ve agreed to do the model
we’re sitting down with our partners at the state to figure out what the funds flow looks like
Health includes more than just medical care
And we’re working through now those dollars will flow
And those are complicated to marry those issues to medical care in children
What is the timeframe for working out the details of the model
in the context of the three-year initiation phase
The intent isn’t to hold feet to the fire for results
because we’re learning what results will look like
We’re really in a learning mode over those first three years
But the state and Nemours have extended some considerable amount of trust to make this happen
And if we didn’t both believe that we were really mutual partners
The state of Marland’s global budget is purely about medical costs
paramount foundation of our model is child health
You must have done some analytics on this before you moved forward with the plan
and we’ve engaged some very sophisticated actuarial firms
You’ll be investing very early on in a child’s life in terms of preventive health and wellness
we’re trying to treat disease with compassion
we’re really building out the road ahead of us
That is way outside a budget cycle or a political election cycle
My answer to that is that there are enough modest short-term financial wins in terms of reducing acute-care stays and ED visits—there’s enough bang there early
to demonstrate that this is viable financially
But those short-term wins pale in comparison to a longer-term reduction in the incidence of cancer
I still remember your telling me the vivid story a few years ago of a patient named Wendell
because of lack of access to a safe playground space
and more than a million dollars’ worth of medical care
providing a safe playground space near his public housing
would have been so inexpensive and so effective
His care cost multiple millions of dollars
And he endured a nightmare experience because of the injury
in working out this new payment model with the state of Delaware
you were thinking of Wendell and other kids like him
to ask what the real problem was; and often
the real problem was a child who grew up without the resources for play supervision
Or a child who got the worst case of RSV in town and ended up in the ICU
So we want to be creating health in the first place
which will of course mean less medical care needed down the road
There will always be kids who need heart transplants and chemotherapy
and we’ll always absolutely be there for them; we’re there on both sides of the equation
you’re not trying to get rid of yourselves
but there will always be disease out there
and we will always be there to care for children with illness
We need to create greater health to insulate people from things like Medicaid rollbacks
and our payment system does have a lot of flaws
But what we’re talking about today is even a level above that
Regardless of your health insurance coverage
incentivizes the opposite of health; it incentivizes the maximal amount of care delivery as possible
We should fix the vagaries of payment systems; but what we really need to do is to change the financial incentives of providers
Analysts from the Medicare program just announced last month that the healthcare system experienced 10.4 percent hospital inflation over the last year
and at the risk of sounding like a broken record
Every fiber of our system incentivizes volume and complexity
And this model we’re talking about today
Is there anything else you’d like to add
Three things I want people to understand about this model
This is an agreement to make our state’s children the healthiest in the country
we’re focusing on every child in our service area
it’s highly significant that this is a true partnership between our health system and the state
Boothbay Fund Management LLC purchased a new position in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) during the 4th quarter
according to the company in its most recent 13F filing with the Securities and Exchange Commission
The institutional investor purchased 4,614 shares of the basic materials company's stock
Other hedge funds and other institutional investors have also made changes to their positions in the company
Tidal Investments LLC raised its holdings in shares of DuPont de Nemours by 10.7% in the 3rd quarter
Tidal Investments LLC now owns 32,061 shares of the basic materials company's stock valued at $2,857,000 after purchasing an additional 3,096 shares in the last quarter
Synovus Financial Corp lifted its holdings in DuPont de Nemours by 2.5% during the 3rd quarter
Synovus Financial Corp now owns 36,538 shares of the basic materials company's stock worth $3,256,000 after buying an additional 905 shares during the last quarter
boosted its position in shares of DuPont de Nemours by 9.8% during the 3rd quarter
now owns 6,410,485 shares of the basic materials company's stock worth $556,751,000 after acquiring an additional 570,703 shares in the last quarter
Garden State Investment Advisory Services LLC purchased a new position in shares of DuPont de Nemours in the 3rd quarter valued at about $203,000
raised its position in shares of DuPont de Nemours by 4.6% during the 3rd quarter
now owns 490,704 shares of the basic materials company's stock worth $43,727,000 after acquiring an additional 21,435 shares in the last quarter
Hedge funds and other institutional investors own 73.96% of the company's stock
A number of equities analysts recently issued reports on the company
KeyCorp upped their price target on DuPont de Nemours from $81.00 to $85.00 and gave the company an "overweight" rating in a report on Monday
UBS Group cut their price target on shares of DuPont de Nemours from $103.00 to $75.00 and set a "buy" rating on the stock in a research note on Tuesday
Wolfe Research upgraded shares of DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 price objective for the company in a research note on Friday
Citigroup dropped their price objective on DuPont de Nemours from $95.00 to $74.00 and set a "buy" rating on the stock in a report on Tuesday
Wells Fargo & Company reduced their target price on DuPont de Nemours from $105.00 to $81.00 and set an "overweight" rating for the company in a report on Wednesday
Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock
the stock has a consensus rating of "Moderate Buy" and a consensus target price of $85.07
Check Out Our Latest Stock Report on DuPont de Nemours
DD traded down $1.83 during trading on Monday
has a twelve month low of $53.77 and a twelve month high of $90.06
The firm has a market capitalization of $27.38 billion
The company's 50-day moving average price is $69.81 and its 200 day moving average price is $76.59
DuPont de Nemours (NYSE:DD - Get Free Report) last posted its quarterly earnings results on Friday
The basic materials company reported $1.03 EPS for the quarter
beating the consensus estimate of $0.95 by $0.08
The company's quarterly revenue was up 4.6% compared to the same quarter last year
equities research analysts forecast that DuPont de Nemours
will post 4.38 EPS for the current fiscal year
This represents a $1.64 annualized dividend and a dividend yield of 2.51%
DuPont de Nemours's dividend payout ratio is presently -863.16%
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DuPont de Nemours (NYSE:DD - Get Free Report) will likely be posting its Q1 quarterly earnings results before the market opens on Friday
Analysts expect DuPont de Nemours to post earnings of $0.95 per share and revenue of $3.05 billion for the quarter
DuPont de Nemours has set its FY 2025 guidance at 4.300-4.400 EPS and its Q2 2025 guidance at 1.050-1.050 EPS
the business posted $0.79 earnings per share
The company's revenue was up 4.6% on a year-over-year basis
analysts expect DuPont de Nemours to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year
Shares of NYSE DD traded down $1.16 during mid-day trading on Monday
The stock had a trading volume of 901,667 shares
compared to its average volume of 3,008,073
The firm has a market cap of $27.66 billion
The business has a 50 day moving average price of $69.81 and a two-hundred day moving average price of $76.59
DuPont de Nemours has a 1 year low of $53.77 and a 1 year high of $90.06
The company also recently disclosed a quarterly dividend
This represents a $1.64 annualized dividend and a dividend yield of 2.48%
DuPont de Nemours's dividend payout ratio (DPR) is -863.16%
An institutional investor recently raised its position in DuPont de Nemours stock. Brighton Jones LLC lifted its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 19.6% during the 4th quarter
according to the company in its most recent Form 13F filing with the SEC
The institutional investor owned 5,012 shares of the basic materials company's stock after buying an additional 822 shares during the period
73.96% of the stock is owned by institutional investors
A number of research analysts recently issued reports on DD shares
Citigroup reduced their price target on DuPont de Nemours from $95.00 to $74.00 and set a "buy" rating on the stock in a report on Tuesday
Morgan Stanley reduced their target price on DuPont de Nemours from $94.00 to $80.00 and set an "equal weight" rating on the stock in a research note on Monday
Wells Fargo & Company dropped their price target on DuPont de Nemours from $105.00 to $81.00 and set an "overweight" rating for the company in a research note on Wednesday
Wolfe Research raised shares of DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 price objective on the stock in a research report on Friday
BMO Capital Markets raised their target price on shares of DuPont de Nemours from $105.00 to $112.00 and gave the stock an "outperform" rating in a research report on Thursday
Four analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock
the stock has a consensus rating of "Moderate Buy" and an average target price of $85.07
Get Our Latest Analysis on DuPont de Nemours
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Nemours Children’s Health and the State of Delaware launch a new payment model for kids in the state’s Medicaid program
This new model has payment incentives based on Nemours being able to help children stay healthy and avoid hospital treatment instead of reimbursing Nemours for treating children
Kara Walker is Nemours Chief Population Health Officer
"This payment model is centered around the 120,000 children who are covered by Delaware's Medicaid
and it helps to actually reorient the way that Nemours is paid
It helps to focus on being paid for creating health
This is truly a first ever pediatric global revenue budget model in the entire country," said Walker
This arrangement incentivizes Nemours to address not only medical drivers of children’s health but also non-medical drivers in an effort to avoid unnecessary medical expenses
This latest step in Nemours whole child health model helps to consider both a child’s medical needs and the social and community issues that impact their health
She says this moves away from the traditional model where providers earn more money for providing more medical services
“Other arrangements allow doctors to earn more and hospitals to earn more for providing more services,” said Walker
“We are really trying to go upstream and focus on prevention
what is necessary to keep kids out of the hospital."
Nemours and the state are touting this agreement as a milestone in creating the healthiest generations of children
This agreement comes after several years of discussions between Nemours
Agreement marks significant milestone in creating the healthiest generations of children
2025 /PRNewswire/ -- Nemours Children's Health and the State of Delaware today announced an agreement to create a transformational new effort aimed at making Delaware's children the healthiest in the nation
Nemours Children's will be incentivized to address both medical and non-medical drivers of children's health in an effort to avoid unnecessary medical expenses
This program is a bold next step in Nemours whole child health model
This agreement builds on Nemours longstanding commitment to serving the children of Delaware and further establishes the First State as a leader in child health
"We know that what happens in a child's home
Today's agreement creates the financial incentives for Nemours and the state of Delaware to align on what we all want: healthier kids who grow up to become healthier adults," said R
President and CEO of Nemours Children's Health
"Nemours will continue to provide world-class medical care while also coordinating with community organizations that address non-medical issues like nutrition
"Making sure our children are healthy and able to be successful is as important as anything we do," said Governor John Carney
"I'm grateful for the hard work that the Department of Health and Social Services and Nemours Children's Health put into this effort to better support children across our state through innovative care."
Working in partnership with community support systems and local and state government agencies
multi-hospital pediatric system in the country will provide broadly applicable lessons in how different financing systems can improve overall child well-being and health in America
"This innovative global budget model will demonstrate how shifting to a 'pay for health' model can create the healthiest generations of Delaware's children," said Kara Odom Walker
Chief Population Health Officer at Nemours Children's
"Addressing social drivers through collaboration with parents
"I'm proud that the First State will yet again be first
this time in bringing an innovative model to our state which will ensure the best health outcomes for Delaware's children," said Delaware Health and Social Services Secretary Josette Manning
"I look forward to seeing the results of this effort in the years ahead."
The global budget model is the culmination of several years of discussions between Nemours
the State and community partners about their shared priority of addressing the health needs of children in Delaware
Nemours Children's Health is one of the nation's largest multistate pediatric health systems
which includes two freestanding children's hospitals and a network of more than 70 primary and specialty care practices
Nemours Children's seeks to transform the health of children by adopting a holistic health model that utilizes innovative
while also addressing children's needs well beyond medicine
award-winning pediatric medicine podcast Well Beyond Medicine
Nemours underscores that commitment by featuring the people
programs and partnerships addressing whole child health
Nemours Children's also powers the world's most-visited website for information on the health of children and teens
established through the legacy and philanthropy of Alfred I
Nemours Children's Health today opened the Lisa Dean Moseley Foundation Institute for Cancer and Blood Disorders (Moseley Foundation Institute)
Financial Technology
Financial Technology
duPont Institute building underscore Nemours Children's continued commitment to Delaware andthe health of its children
2024 /PRNewswire/ -- Nemours Children's Health announced several significant investments today
including plans for a groundbreaking Maternal and Fetal Health Program
and the revitalization of the historic Institute building on the Alfred I
Investments in these projects will total $130 million in 2025—the largest one-year capital investment in Delaware in Nemours history
"We are proud to announce our next phase of growth as the largest provider of children's health in Delaware," said R
"Every dollar earned by Nemours is invested back into our mission
These capital investments build on Alfred I
and our strong financial position helps further Nemours Children's vision to create the healthiest generations of children in Delaware and beyond."
"Nemours has deep roots in Delaware and an enduring commitment to its children and families," said Mark R
"We will continue working with our partners in state and local government
and community organizations to go well beyond medicine for Delaware's kids."
Nemours will expand its Advanced Delivery Program at Nemours Children's Hospital
state-of-the-art Maternal and Fetal Health Program
Nemours sees transformational potential to elevate the health of children and families in Delaware through improved diagnostics and cutting-edge maternal-fetal therapies," said Kate Deans
Nemours plans to expand the Advanced Delivery Program at Nemours Children's Hospital
Delaware to include four new labor and delivery birthing suites
eight new antepartum and postpartum rooms and three operating rooms that can be used for both fetal and maternal care
"It is critical that we provide these services to Delawareans who would otherwise need to leave our state to receive this level of care
This places unnecessary burden on families to travel away from their other children and their support networks
We aim to provide the highest level of quaternary care to these families right here in Delaware."
Nemours commitment to a more comprehensive maternal-fetal health strategy has attracted distinguished specialists to expand its in utero diagnostic and surgical interventions
Three highly accomplished maternal-fetal medicine specialists will be joining the Nemours team over the next 15 months: Eric P
Bergh will collaborate closely with the Advanced Delivery Program and Delaware executive team to expand Nemours existing care portfolio
Paidas Teefey will work with the Florida maternal-fetal medicine teams to offer highly specialized care in Florida
"We are laying the foundation here in Delaware to become the nation's first multi-hospital
multistate children's health system providing fetal diagnosis and therapy—and
one of the country's largest fetal medicine programs," said Dr
Delaware's only Level IV Neonatal Intensive Care Unit (NICU) will be expanding in 2025
the NICU will house 45 beds as a contiguous unit
With the support of a generous donation by the Lisa Dean Moseley Foundation
Nemours plans to open the Lisa Dean Moseley Foundation Institute for Cancer and Blood Disorders in early 2025
the first phase of the Moseley Foundation Institute will feature 24 inpatient beds reflecting a family-centered state-of-the-art design that overlooks the beautiful gardens of the Nemours Estate to promote healing and recovery
With further investment from Nemours with support by the Moseley Foundation
the Moseley Foundation Institute will also feature a 19,000-square-foot outpatient Day Hospital and Infusion Center—more than quadrupling its current size
In addition to providing a patient-centered care experience
the outpatient area is designed to foster clinical trial participation to advance the treatment of children with cancer
Nemours has also named two distinguished new leaders to advance its Cardiology practice: Aaron W
will become chair of Cardiovascular Medicine
chief of Cardiothoracic Surgery and executive director of the Nemours Children's Cardiac Center in the Delaware Valley
will be chief of Cardiac Anesthesia and co-director of the Nemours Cardiac Center
Revitalization of historic duPont Institute building
Nemours will continue to revitalize the original Alfred I
duPont Institute on its Wilmington campus as a state-of-the-art administrative office building
while paying homage to its origin as the founding A.I
The Institute opened in 1940 as a children's orthopedic hospital and was the original health care structure funded by the Nemours Foundation
the first major hospital expansion on the Nemours Children's Hospital
The 450,000-square-foot expansion of Nemours/Alfred I
duPont Institute will preserve the building's core architectural elements and maintain a direct connection to clinic spaces in the duPont Pavilion
state-of-the-art Simulation Center to provide hands-on
interactive pediatric simulation experiences in a safe
This collaborative teaching and education enhance technical skills for care providers across the organization
improving the quality of care and leading to better outcomes
Nemours has grown to become one of the nation's most respected multistate children's health systems," said Marcantano
"Our commitment to Delaware's families has only grown over the years
and that deep connection and partnership continues to advance the health of children in the First State."
The Nemours Foundation, established through the legacy and philanthropy of Alfred I. duPont, provides pediatric clinical care, research, education, advocacy, and prevention programs to the children, families and communities it serves. For more information, visit Nemours.org
Banking & Financial Services
Venture Capital
The eight-figure funding supports redevelopment of the center to create a modernized hub for health care
2025 /PRNewswire/ -- As part of its bold vision to create the healthiest generations of children
Nemours Children's Health is lending community impact funds toward the redevelopment of the historic Kingswood Community Center in Wilmington's Riverside neighborhood
The funds will be pivotal in bringing health care and other services and resources to children and families in the area through new programs and the completion of a state-of-the-art facility
"Achieving our vision starts with community-centered partnerships that address the conditions in which kids grow
"In addition to providing exceptional medical care
Nemours recognizes that a child's community has a tremendous impact on their health
The Kingswood Community Center's holistic approach aligns with this philosophy
lifelong health impacts for kids and families."
The Kingswood community impact loan advances Nemours Children's Health's goals to create long-term
sustainable health improvements that advance community change
and improve health and well-being in the communities it serves
Nemours has long provided medical services in Riverside
and the fact that many Kingswood community members are also Nemours Children's patients helped spark this unique connection
The new facility will provide expanded services such as early learning and community programs that help children grow into healthy adults
Nemours Children's also plans to lease space in the facility to increase access to high-quality pediatric clinical care for local families.
"This partnership with Nemours Children's Health is a testament to what's possible when we come together with a shared vision for a stronger
healthier community," said Logan Herring Sr.
Kingswood Community Center and The WRK Group
we are building a future where every child
This is not just about health care—it's about hope
and building the foundation for generations to succeed."
"Riverside isn't just where I work—it's the neighborhood that provided refuge for my family and me during very challenging times
I have witnessed the power of community-driven change
and I know that when organizations like Nemours Children's Health invest in our neighborhoods
it creates lasting impact," said Kingswood Community Center Board Chair James "Ray" Rhodes
who is also STEM Hub/Community Engagement director at Eastside Charter School
"This partnership ensures that families have access to the quality care they need
and for the future we're building together."
Nemours is providing bridge financing to close a critical funding gap and accelerate construction and programming at the center
The revitalized Kingswood Community Center
which has been providing critical resources in the community since the 1940s
will offer a comprehensive range of services
and integrated pediatric and adult health care
"By investing in community impact strategies
we help improve the way children grow and learn in the communities we serve in long-term
reaping benefits beyond improved child health," said Jim Hunt
Chair of The Nemours Foundation Board of Directors
"This innovative approach underscores Nemours Children's Health's commitment to tackling the root causes of health for children in paradigm-shifting ways."
The Kingswood project was made possible through a blend of community-focused financing tools designed to spur investments in neighborhoods like Wilmington's Riverside
The Nemours Foundation, established through the legacy and philanthropy of Alfred I. duPont, provides pediatric clinical care, research, education, advocacy, and prevention programs to the children, families and communities it serves. For more information, visit Nemours.org
one of the nation's largest multistate pediatric health systems
2025 /PRNewswire/ -- Nemours Children's Health
as the new Executive Vice President and Chief Financial Officer (CFO)
ensuring Nemours Children's maintains its financial strength and stability as the organization continues its commitment to delivering the highest quality care and addressing all of the factors that impact child health
Samms brings more than 25 years of progressive experience in large healthcare systems
he served as Senior Vice President and Chief Financial Officer at St
His executive experience includes budgeting
"Caswell's leadership will help keep our financial foundation strong
enabling us to achieve our vision of creating the healthiest generations of children," said R
and he shares our commitment to helping children reach their full potential."
Samms holds a Bachelor of Science in Accounting from Virginia State University and an Masters of Business Administration (MBA) from Regis University
He is Lean Six Sigma Green Belt certified and is a member of the American College of Healthcare Executives and the Healthcare Financial Management Association
Becker's Hospital Review named him among its Rising Stars
and Diversity MBA included him in its "Top 100 Under 50 Executive Leaders."
About Nemours Children's HealthNemours Children's Health is one of the nation's largest multistate pediatric health systems
Children who fall behind in reading don't just struggle in school—they are also at higher risk for chronic illness and mental health issues later in..
As part of its bold vision to create the healthiest generations of children
Nemours Children's Health is lending community impact funds toward the..
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147.45.197.102 : 9830bd54-95d9-46ea-b39a-f1762d60
Valued at a market cap of $26.4 billion, DuPont de Nemours, Inc. (DD) is a multi-industrial company that provides technology-based materials and solutions
Delaware-based company operates through Electronics & Industrial
the company has surpassed Wall Street's bottom-line estimates in each of the past four quarters
For the full fiscal 2025, analysts forecast DuPont to report an adjusted EPS of $4.25, marking a 4.4% increase from $4.07 reported in fiscal 2024
its earnings are expected to further grow 8% year-over-year to $4.59 per share
DuPont de Nemours’ stock prices rose 6.9% following the release of its strong Q4 2024 results on Feb
The company posted quarterly revenue of $3.1 billion
which led to 10% organic growth in the Electronics & Industrial segment
along with continued momentum in water markets
resulting in 6% organic growth in the Water & Protection segment
marking a 29.9% increase from the prior-year quarter and surpassing the consensus estimate by 15.3%
DD maintains its positive momentum and projects net sales to range between $12.8 billion and $12.9 billion
with adjusted EPS to be in the range of $4.30 - $4.40
Furthermore, analysts' consensus view on DD stock is strongly optimistic
opinions include 11 "Strong Buys," one "Moderate Buy," and four "Holds.” Its mean price target of $85.20 suggests a 29% upside potential from current price levels
On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here
Investment highlights Nemours commitment to children's health
2024 /PRNewswire/ -- As part of its overall commitment to pediatric health
Nemours Children's Health will invest $300 million in Central Florida over the next four years to meet growing needs for highest-quality pediatric care
Experience the full interactive Multichannel News Release here: https://www.multivu.com/nemours/9307751-en-nemours-childrens-health-florida-expansion
"This expansion is a critical step in achieving our vision of bringing world-class children's care to Florida
Our journey to become a nationally ranked children's hospital here will give us the capacity to support even more families regionally
As part of Nemours commitment to providing optimal health to children in Delaware
the plan consists of three new buildings on the Nemours Children's Hospital
"While Nemours has offered world-class pediatric healthcare services to children in the Delaware Valley for years
this significantly deepens our commitment to Central Florida
strengthening our position as the state's leading children's healthcare system," said Martha McGill
President of the Central Florida Region for Nemours Children's
"This investment is designed to care for more children
It also directly aligns with our broader mission to reimagine children's health to keep them well beyond medicine."
As the fastest growing state in the nation
Florida faces an increased need for pediatric services
Nemours currently serves over 300,000 children and teens in the state
the pediatric population of 1 million is expected to grow by nearly 5% over the next five years
Nemours Orlando expansion will better support both immediate capacity needs and future growth to meet the needs of patients and families
Nemours has more than 50 locations in the state and employs Florida's largest and most well-distributed team of pediatric specialists
"The health of any community starts with its children
and we intend to play a leading role in creating the healthiest generations of Americans through our multistate pediatric health system," said Dr
"We're thrilled that through careful stewardship and commitment
we can make these critical investments across our system to set up patients
families and communities for the best possible health outcomes."
Nemours Children's Health is operated by the Nemours Foundation
formed from the legacy and philanthropy of Alfred I
This investment in Central Florida honors duPont's legacy of stewardship
with Nemours strong financial position enabling it to invest in new and expanded facilities across its multistate pediatric health system to further its mission
The Nemours Foundation, established through the legacy and philanthropy of Alfred I. duPont, provides pediatric clinical care, research, education, advocacy, and prevention programs to the children, families and communities it serves. For more information, visit Nemours.org
Corporate Expansion
DuPont de Nemours (NYSE:DD - Get Free Report) is expected to be releasing its Q1 2025 earnings data before the market opens on Friday
Analysts expect the company to announce earnings of $0.96 per share and revenue of $3.05 billion for the quarter
DuPont de Nemours has set its Q1 2025 guidance at 0.950-0.950 EPS and its FY 2025 guidance at 4.300-4.400 EPS
DuPont de Nemours (NYSE:DD - Get Free Report) last posted its earnings results on Tuesday
The basic materials company reported $1.13 earnings per share (EPS) for the quarter
beating analysts' consensus estimates of $0.98 by $0.15
DD stock traded up $0.17 during midday trading on Wednesday
2,934,450 shares of the company's stock traded hands
compared to its average volume of 2,419,606
The company has a 50-day simple moving average of $70.42 and a two-hundred day simple moving average of $76.98
a current ratio of 1.33 and a debt-to-equity ratio of 0.22
DuPont de Nemours has a 1-year low of $53.77 and a 1-year high of $90.06
The company has a market cap of $27.63 billion
The firm also recently announced a quarterly dividend
This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.48%
DuPont de Nemours's dividend payout ratio (DPR) is presently 98.20%
A hedge fund recently raised its stake in DuPont de Nemours stock. Brighton Jones LLC lifted its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 19.6% in the 4th quarter
according to its most recent Form 13F filing with the Securities & Exchange Commission
The institutional investor owned 5,012 shares of the basic materials company's stock after acquiring an additional 822 shares during the period
Brighton Jones LLC's holdings in DuPont de Nemours were worth $382,000 at the end of the most recent quarter
Several equities research analysts have weighed in on the stock
Wells Fargo & Company lowered their price objective on shares of DuPont de Nemours from $105.00 to $81.00 and set an "overweight" rating for the company in a research report on Wednesday
UBS Group reduced their price objective on DuPont de Nemours from $103.00 to $75.00 and set a "buy" rating on the stock in a report on Tuesday
BMO Capital Markets lifted their target price on DuPont de Nemours from $105.00 to $112.00 and gave the company an "outperform" rating in a research note on Thursday
KeyCorp raised DuPont de Nemours from a "sector weight" rating to an "overweight" rating and set a $81.00 price target on the stock in a research note on Monday
Bank of America upgraded DuPont de Nemours from an "underperform" rating to a "neutral" rating and decreased their price target for the company from $80.00 to $75.00 in a report on Tuesday
the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $85.79
A new study finds a significant need for more resources in a lesser-known area of childhood cancer treatment
The study
conducted by researchers at Nemours Children’s Health
finds children’s oncology treatment facilities need more resources to provide support for patients and their families
Enterprise Director of the Nemours Center for Healthcare Delivery Science
psychologists and other specialists provide valuable psychosocial support
“It's a broader kind of concept of both psychological aspects
"As well as social - as in what is their world like outside the hospital
What we talk about in terms of social determinants of health.”
The vast majority of the 129 programs Kazak’s team surveyed had some psychosocial staffing in place
But she says the larger problem is the types of staff
Over 90% of programs had social workers and child life specialists
but the numbers of psychologists and psychiatrists are more bleak
Kazak says the data show less than 70% of facilities had psychologists
with neuropsychologists in 39%; and psychiatrists in just 15%
Neuropsychologists play a role in care because some treatments for cancer can cause neurological complications
“There are a lot of treatments for childhood cancer that have the potential to be neurotoxic
to impact the brain in terms of performance in school
which is often called in if there's questions about whether or not the use of medications might be helpful.”
funded by the Andrew McDonough B+ Foundation
is a follow-up to one conducted several years ago after standards for psychosocial care were established in 2015
One bright spot is the availability of Spanish-speaking mental health staff in pediatric oncology programs increased from about 29% in 2016 to about 39% in 2023
the leaders of Nemours Children’s Health
announced that the health system will be making investments totaling $430M in its Delaware Valley and Central Florida operations
Nemours will be spending $130 million in 2025 on three projects: a groundbreaking new Maternal & Fetal Health Program
to be led by 3 nationally recognized specialists
with new birthing suites and expanded space for maternal and fetal surgery and care; expansion of its neonatology
and cardiology programs; and revitalization of the Alfred I
duPont Institute – Nemours’ original hospital building
Nemours will invest $300M over the next four years in new and expanded facilities to meet the area's growing needs
The three areas of focus will be: a 110,000-square-foot expansion of its hospital; a new 75,000-square-foot facility for orthopedic and sports medicine; and a new 75,000-square-foot administrative building
Following the announcement in December of the group of investments
Moss spoke with Healthcare Innovation Editor-in-Chief Mark Hagland about the investments and about the broader context of the Nemours Children’s organization’s commitment to its service areas and communities
can you share about the origin of this set of investments
and what it means more broadly for the organization
but I want people to know that Nemours is in the business of creating health
We think we have an important role to play in the way that America conceptualizes health of children and delivers healthcare to children
This investment is on the side of care delivery
Some people have misinterpreted what I’ve said in the past
but it’s an “and,” not an “or.” So while we’re doing exciting things for children outside the hospital
we’re still investing in care in the hospital
and that’s what these investments are
Can you discuss the sources of the funding
judicious management on the part of our teams
as we’ve anticipated the need for growth
We’ve oriented our financial performance for years
And we’ve been supplemented by generous gifts
including from the Lisa Dean Moseley Foundation
and we’re very proud that we’ve been able to manage our internal resources successfully
even during a time of financial challenges
We all know that this is a difficult time in terms of reimbursement of all types
How are you managing in the current environment
It is a challenging financial time for healthcare entities
and particularly for this country’s children’s hospitals
But we’ve made some very hard and deliberate decisions to make sure that we can continue to perform adequately
We’re a not-for-profit entity; we’re not in business to make money
we’re in business to enhance the health of children
we have to invest intelligently in the health of children
and we’re doing things in our major markets
We’re cognizant that in order to deliver health
Is this a more difficult time than two years ago
There are a variety of challenges that we all face
I’ll say that fundamentally in the United States
all children’s hospitals are fundamentally under-reimbursed and live on a shoestring all the time
and to the extent that I can play a role and continue to advocate for sustainability facing the Medicaid challenges we face
I think it’s important for the American people to understand—a lot of people don’t realize this—over half of all children in the US get their healthcare funded by Medicaid
and Medicaid in the vast majority of cases
We have a big challenge with underinsurance of kids through the Medicaid program
and that’s an important thing to discuss
What will you be able to do with these investments
we’re developing what will be one of the biggest programs for mothers with children born with congenital anomalies
And we’re turning the original DuPont Institute back into an office build as it was from the 1940s
How should leaders be strategizing ahead for the next few years
The major trend in children’s care over the coming decade is that we’re doing more and more on an outpatient basis
The children’s hospital of the future is going to be a giant ICU
So we’re one of the leading organizations in the country building a hospital-at-home program for children
we’re responding to increased market demand
We’re actually putting less of a percentage of kids in beds
but our market share is actually increasing both in the Delaware Valley and in central Florida
Tertiary and quaternary care will still be needed for the sickest of the kids
Dialectical Behavior Therapy (DBT) is a cognitive behavioral therapy that teaches emotional management
and how to maintain healthy relationships through the acceptance of the patient’s experience and the need for change; it’s particularly effective for those who experience intense emotions and engage in self-destructive behaviors
It’s also particularly effective with one population currently in dire need of behavioral health care: teenagers
Nemours Children’s Hospital in Delaware offers one of two DBT programs in the state
and the skills they need to improve their mental health
group skills training and other support strategies
teens who have undergone DBT have reduced self-harm and suicidal behavior
as well as emotional management and enhanced relationships
Read more about the program here
along with the Phillie Phanatic and Phillies Ballgirls
made a special trip to Nemours Children’s Hospital
Delaware to get everyone revved up for Sunday’s Childhood Cancer Awareness Night presented by Nemours Children’s Health at Citizens Bank Park
Rojas visited the hospital’s oncology unit
where he took photos and signed autographs for children receiving care
as well as thanked hospital staff for all they did for families battling cancer
A Phillies Pep Rally hosted by Nemours was also held in the hospital’s atrium
and photo opportunities with the Phillie Phanatic and Phillies Ballgirls
Among those taking part in the festivities (and hiding cotton candy from the Phanatic!) was cancer warrior Eric Newton (14
who will have the honor of throwing a ceremonial first pitch at Sunday’s game
Nemours Children's Health will invest $130 million next year to expand its Advanced Delivery Program and Neonatal Intensive Care Unit
Nemours said in an announcement Tuesday that it will be the largest one-year capital investment in Delaware in their history
"These capital investments build on Alfred I
and our strong financial position helps further Nemours Children’s vision to create the healthiest generations of children in Delaware and beyond," said Dr
president and CEO of Nemours Children's Health
Nemours already provides support and care during pregnancy
including specialists available for babies in need of intensive care
the Maternal and Fetal Health Program will add four new labor and delivery birthing suites
and three operating rooms that can be used for both fetal and maternal care
Fourteen new inpatient rooms will also be added to Nemours' NICU
“It is critical that we provide these services to Delawareans who would otherwise need to leave our state to receive this level of care," said Dr
surgeon-in-chief at Nemours Children’s Health in the Delaware Valley
"This places unnecessary burden on families to travel away from their other children and their support networks."
The hospital also plans to collaborate with the maternal-fetal medicine teams at Nemours' Florida locations to bring similar levels of care
duPont Institute has been part of Nemours' Rockland campus since it was founded in 1940
Originally used as a children's orthopedic hospital
the historic building has since become a staple of the hospital system in Delaware
which are expected to be completed by mid-2026
will "preserve the building’s core architectural elements," according to Nemours
The institute will maintain a direct connection to the clinic spaces while adding a Simulation Center to provide hands-on
The space will primarily be used as an administrative office building
but will still "(pay) homage to its origin."
Next year will also mark the opening of the Lisa Dean Moseley Foundation Institute for Cancer and Blood Disorders
which will have 24 inpatient beds to reflect a "family-centered state-of-the-art design."
Nemours hosted a groundbreaking ceremony for the institute on May 20 following a $78 million donation from the Wilmington-based nonprofit
The foundation funds research and clinical programs nationwide to support medical and scientific progress
Further investment from Nemours and the Lisa Dean Mosley Foundation will add a 19,000-square-foot outpatient day hospital and infusion center
The institute also aims to foster participation in clinical trials to advance treatment for children with blood disorders
MORE: Former researcher at Nemours, UD manipulated data, leading to medical article retractions
The Jaguars and Nemours Children's Health partnered together to surprise the children at Episcopal Children's Services Early Head Start Westside with a special 'Jaxson's Jump' Literacy Locker Room
Students enjoyed an exclusive book reading from the ROAR
as well as Nemours and Jaguars giveaway items
— Jaxon's Big Jump Literacy Locker Room at Episcopal Children's Services Early Head Start Westside on March 4
The Jaguars and the Florida Lottery kicked off Read Across America Week at River City Science Academy
Jaxson de Ville and the ROAR surprised students with an exclusive reading
giveaways and a free book for them to add to their personal libraries
The Jacksonville Jaguars and EverBank teamed up for another Financial Literacy Camp on Feb 18th
Jaguars Legends Mike Hollis and David Garrard joined close to 500 Duval County Public School students and the Boys and Girls Clubs of Northeast Florida for two camps focused on financial literacy
Participants learned about the importance of saving as it relates to football and for their future
ROAR cheerleaders and mascot Jaxson DeVille
worked through food donations with Feeding Northeast Florida
sorting 3,667 pounds of food and 3,056 meals combined
Jaxson de Ville and Jaguars Legend Kevin Hardy celebrated Duval County Public Schools Literacy Week at S.P
Livingston and DePaul School with Literacy Locker Room visits thanks to the partnership with JEA
The DePaul School provides students with dyslexia in grades second through eighth the proper tools and curriculum to succeed in the classroom
Students received an exclusive reading of Jaxson's Big Jump and received Jaguars swag to celebrate the importance of reading and get additions to their libraries
Cornerback Tyson Campbell joined Jaxson De Ville and the ROAR at Beauclerc Elementary for a special read of Papa's Mechanical Fish with the goal of expanding literacy education to our local schools
🍎 Safety Daniel Thomas and Linebacker Chad Muma read Jaxson's new book alongside the ROAR and Jaxson De Ville himself at Andrew Robinson school as part of our Literacy Locker Room program
Reading matters 📚 The Jaguars teamed up with Gallagher for a Literacy Locker Room at the John Love Early Learning Center
and The Roar joined to read to the students and distribute hundreds of books and Jags swag
Jaxson launched a book 🐆 Earlier this week patients at Nemours Children's Clinic were given a sneak peek of the book with a special reading by Jaguars Legend K Josh Scobee and received a backpack with an autographed book from Jaxson and photo opportunities with the mascot and THE ROAR
Nemours will also host an upcoming Literacy Locker Room (Jaxson's Version) this fall
Thank you to everyone who came out to our Monday Night Football watch party at the Bank
For our 2024 home opener against the Cleveland Browns
Jaguars season ticket members got to attend a members only pregame tailgate
with an opportunity to hear from GM Trent Baalke
The Jacksonville Jaguars Foundation's 2nd Annual Community Day presented by Florida Blue positively impacts thousands of local children
and military personnel through care package assembly in the Flex Field at Daily's Place
Regency Centers and Tito's Vodka assembled care packages for Feeding Northeast Florida
lunch and photo opportunities with Jaxson de Ville and Jaguars Legends David Garrard and Kevin Hardy
The Jaguars hosted an exclusive STM only day at training camp
Check out photos from this event and thank you for being the backbone of our fan base
The Florida Supreme Court has declined to take up a dispute about whether Delaware has been shortchanged in the distribution of money from a charitable trust tied to the late industrialist Alfred I
The Supreme Court issued three orders last week denying requests by the Florida Attorney General’s Office and two other parties to review a decision by the 5th District Court of Appeal
The appeals court said Delaware Attorney General Kathleen Jennings can pursue a lawsuit alleging a breach on a 50 percent limit on distribution of money to states other than Delaware
The appeals court opinion last year was part of decades of legal wrangling about a duPont charitable trust and the nonprofit Nemours Foundation
which was created with money from the trust and provides pediatric medical care in Florida and other states
duPont included in his will and in the trust documents specific
clear direction that the children and elderly of Delaware were to receive priority and were to be taken care of before expending trust funds on children or elderly residing elsewhere.”
a lawsuit filed in the late 1970s led to a settlement that limited how much of the trust money distributed each year to Nemours could be spent outside Delaware
Then-Delaware Attorney General Matthew Denn filed a lawsuit in 2017 against the trust and Nemours Foundation
alleging breach of contract and breach of trust duties
Florida intervened in the case on the side of the trust and foundation
Along with the Florida Attorney General’s Office
the trust and foundation also asked the Supreme Court to review the case
the Supreme Court did not explain its decision for declining to take up the case
(Editor's note: This story has been updated to include comment from Nemours Children's Health and reflect where the retracted articles were originally published.)
A former researcher at Nemours Children's Health in Delaware has admitted to falsifying data
leading to the retraction of two published scientific articles affiliated with Nemours and the University of Delaware
According to the retraction notices published in JVS-Vascular Science and Oncotarget
Valerie Sampson admitted to manipulating samples to show the desired results
The studies' co-authors were not aware of the misconduct
“I take sole responsibility for the errors and the incorrect reporting of data," Sampson said in a statement in the retraction notice of one article
"These actions were unknown to all co-authors of this study
I apologize to the members of staff of Oncotarget
the reviewers who provided the reviews for the manuscripts
all who were involved in the publication of this manuscript and anyone who is impacted by my actions.”
The retraction also stated that Nemours launched an investigation into Sampson and ultimately concluded that the article needed to be retracted
"We have alerted journals regarding articles authored by her for which we identified potential concerns
and those journals are proceeding with their investigations," Nemours said in an emailed statement
"We take any misconduct very seriously and are committed to reporting and working with all necessary parties when concerns about research integrity arise."
Sampson's LinkedIn profile states she worked as a full-time research scientist at Nemours for over 16 years
She also worked as an affiliated scientist at UD from 2016 to 2022 before becoming a scientist at Philadelphia-based cell and gene therapy developer WuXi Advanced Therapies
HEALTH CARE NEWS: Delaware's hospital review board, at center of lawsuit, sees first members approved
She reported her employment status as unemployed since October 2023
UD did not respond to a request for comment
Here’s a look at some of the amazing moments captured as the Phillies made their big entrance onto the field during pregame festivities surrounding Opening Day presented by Nemours Children’s Health on Monday
Highlights included surprise ceremonial first-pitches by Super Bowl-winning Eagles Saquon Barkley and Brandon Graham (with the Vince Lombardi trophy on-hand)
all before a sell-out crowd at Citizens Bank Park
Also featured are terrific in-game photos from the Phillies 6-1 victory over the Colorado Rockies