We're trimming some more off a stock that's enjoying nice post-earnings gains

We're selling 50 shares of DuPont at roughly $147 each. Following Tuesday's trade, Jim Cramer's Charitable Trust will 400 shares of DD, reducing its weighting in the portfolio to about 1.5% from 1.7%. DuPont shares are moving higher after the company posted a better-than-expected third quarter, with organic sales increasing 5% year over year and adjusted earnings per share (EPS) of $2.09 handily beating the consensus estimate of $1.87, according to LSEG. The company's sales growth was broad-based, with Healthcare up mid-single digits, Water up low single digits, Building Technologies up mid-single digits, and Industrial Technology up mid-single digits. Water would have been a couple of points better if not for Middle East disruptions, which was a concern of ours on Monday when we trimmed the position. The company also raised its full-year guidance and provided an upbeat fourth-quarter outlook. Shares are reacting positively to the print, gaining 4% to around $147. At one point, the stock did trade as high as $154. DD YTD mountain DuPont YTD We think the company continues to execute well on its post-separation initiatives, driving steady growth, improving margins, and generating tons of free cash flow it can use to repurchase stock. But like we said Monday, we're still unsure what the next catalyst is. Given the pop in shares, we'll peel some more shares off and lock in a big gain of about 58% on stock purchased in August 2023. (Jim Cramer's Charitable Trust is long DD. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.