Blair William & Co. IL increased its position in DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 0.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 78,876 shares of the basic materials company’s stock after buying an additional 302 shares during the quarter. Blair William & Co. IL’s holdings in DuPont de Nemours were worth $5,410,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of DD. JNBA Financial Advisors lifted its holdings in shares of DuPont de Nemours by 132.5% in the first quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company’s stock valued at $28,000 after buying an additional 216 shares during the period. Valley National Advisers Inc. raised its position in shares of DuPont de Nemours by 145.0% during the first quarter. Valley National Advisers Inc. now owns 419 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 248 shares during the period. WPG Advisers LLC acquired a new stake in shares of DuPont de Nemours during the first quarter worth $35,000. Ransom Advisory Ltd acquired a new stake in shares of DuPont de Nemours during the first quarter worth $40,000. Finally, REAP Financial Group LLC raised its position in shares of DuPont de Nemours by 80.1% during the second quarter. REAP Financial Group LLC now owns 605 shares of the basic materials company’s stock worth $42,000 after purchasing an additional 269 shares during the period. Institutional investors and hedge funds own 73.96% of the company’s stock.
DuPont de Nemours Stock Performance
Shares of DD stock opened at $73.82 on Monday. DuPont de Nemours, Inc. has a 1-year low of $53.77 and a 1-year high of $87.80. The company has a current ratio of 1.41, a quick ratio of 0.94 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $30.91 billion, a price-to-earnings ratio of -157.06, a P/E/G ratio of 2.13 and a beta of 1.08. The stock’s fifty day simple moving average is $76.02 and its 200-day simple moving average is $70.98.
Insider Buying and Selling
In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the business’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $77.17, for a total value of $3,334,361.36. Following the transaction, the senior vice president owned 38,585 shares in the company, valued at $2,977,604.45. The trade was a 52.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders sold a total of 74,208 shares of company stock valued at $5,714,861 in the last quarter. Insiders own 0.61% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on the company. BMO Capital Markets cut their target price on DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating on the stock in a research report on Friday, September 19th. UBS Group boosted their target price on DuPont de Nemours from $87.00 to $89.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $94.00 target price on shares of DuPont de Nemours in a research report on Friday, September 19th. Citigroup boosted their target price on DuPont de Nemours from $85.00 to $93.00 in a research report on Friday, September 19th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of DuPont de Nemours in a report on Wednesday, October 8th. Nine research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $88.33.
About DuPont de Nemours
DuPont de Nemours, Inc provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.
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