Harbour Investments Inc. Increases Stake in DuPont de Nemours, Inc. $DD

Harbour Investments Inc. increased its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 3.3% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,007 shares of the basic materials company’s stock after purchasing an additional 190 shares during the period. Harbour Investments Inc.’s holdings in DuPont de Nemours were worth $412,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in DD. JNBA Financial Advisors boosted its stake in shares of DuPont de Nemours by 132.5% in the 1st quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 216 shares in the last quarter. Valley National Advisers Inc. boosted its stake in shares of DuPont de Nemours by 145.0% in the 1st quarter. Valley National Advisers Inc. now owns 419 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 248 shares in the last quarter. WPG Advisers LLC purchased a new stake in shares of DuPont de Nemours in the 1st quarter valued at $35,000. Ransom Advisory Ltd purchased a new stake in shares of DuPont de Nemours in the 1st quarter valued at $40,000. Finally, REAP Financial Group LLC raised its holdings in DuPont de Nemours by 80.1% during the 2nd quarter. REAP Financial Group LLC now owns 605 shares of the basic materials company’s stock valued at $42,000 after buying an additional 269 shares during the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Up 1.7%

Shares of NYSE DD opened at $80.89 on Tuesday. The company has a current ratio of 1.41, a quick ratio of 0.94 and a debt-to-equity ratio of 0.23. DuPont de Nemours, Inc. has a 12 month low of $53.77 and a 12 month high of $87.80. The firm has a market capitalization of $33.87 billion, a PE ratio of -172.11, a price-to-earnings-growth ratio of 2.30 and a beta of 1.08. The firm has a fifty day simple moving average of $76.92 and a two-hundred day simple moving average of $71.30.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings data on Monday, July 11th. The basic materials company reported $0.69 EPS for the quarter. DuPont de Nemours had a negative net margin of 1.54% and a positive return on equity of 7.85%. The business had revenue of $3.02 billion during the quarter. Equities analysts expect that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently commented on DD. Zacks Research lowered shares of DuPont de Nemours from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 14th. JPMorgan Chase & Co. upped their price target on shares of DuPont de Nemours from $99.00 to $104.00 and gave the company an “overweight” rating in a report on Wednesday, October 15th. Wells Fargo & Company upped their price target on shares of DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, July 14th. KeyCorp upped their price target on shares of DuPont de Nemours from $92.00 to $93.00 and gave the company an “overweight” rating in a report on Monday, September 22nd. Finally, BMO Capital Markets lowered their price target on shares of DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating for the company in a report on Friday, September 19th. Nine analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and an average price target of $89.75.

Insider Buying and Selling

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the company’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $77.17, for a total value of $3,334,361.36. Following the completion of the transaction, the senior vice president directly owned 38,585 shares in the company, valued at approximately $2,977,604.45. This represents a 52.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last three months, insiders have sold 74,208 shares of company stock valued at $5,714,861. 0.61% of the stock is currently owned by corporate insiders.

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.