Private Trust Co. NA Has $241,000 Position in DuPont de Nemours, Inc. $DD

Private Trust Co. NA reduced its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 32.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,512 shares of the basic materials company’s stock after selling 1,680 shares during the quarter. Private Trust Co. NA’s holdings in DuPont de Nemours were worth $241,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of DD. Brighton Jones LLC increased its stake in shares of DuPont de Nemours by 19.6% in the fourth quarter. Brighton Jones LLC now owns 5,012 shares of the basic materials company’s stock valued at $382,000 after buying an additional 822 shares in the last quarter. Kingswood Wealth Advisors LLC bought a new position in DuPont de Nemours during the first quarter worth about $256,000. Advisor Resource Council bought a new position in DuPont de Nemours during the first quarter worth about $204,000. PFG Investments LLC boosted its holdings in DuPont de Nemours by 6.2% during the first quarter. PFG Investments LLC now owns 11,948 shares of the basic materials company’s stock worth $892,000 after buying an additional 701 shares during the last quarter. Finally, Kentucky Retirement Systems Insurance Trust Fund bought a new position in DuPont de Nemours during the first quarter worth about $908,000. 73.96% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. KeyCorp lifted their price objective on DuPont de Nemours from $92.00 to $93.00 and gave the company an “overweight” rating in a report on Monday, September 22nd. Weiss Ratings reiterated a “hold (c-)” rating on shares of DuPont de Nemours in a report on Wednesday, October 8th. Royal Bank Of Canada lifted their price objective on DuPont de Nemours from $94.00 to $100.00 and gave the company an “outperform” rating in a report on Friday. Citigroup lifted their price objective on DuPont de Nemours from $85.00 to $93.00 in a report on Friday, September 19th. Finally, JPMorgan Chase & Co. lifted their price objective on DuPont de Nemours from $99.00 to $104.00 and gave the company an “overweight” rating in a report on Wednesday, October 15th. Nine investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $89.75.

Insider Buying and Selling at DuPont de Nemours

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $77.17, for a total transaction of $3,334,361.36. Following the transaction, the senior vice president owned 38,585 shares of the company’s stock, valued at $2,977,604.45. The trade was a 52.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last quarter, insiders sold 74,208 shares of company stock worth $5,714,861. 0.61% of the stock is owned by insiders.

DuPont de Nemours Trading Up 1.7%

NYSE DD opened at $80.89 on Tuesday. The stock has a market capitalization of $33.87 billion, a price-to-earnings ratio of -172.11, a PEG ratio of 2.30 and a beta of 1.08. The stock’s 50 day moving average price is $76.92 and its two-hundred day moving average price is $71.30. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 1.41. DuPont de Nemours, Inc. has a 52 week low of $53.77 and a 52 week high of $87.80.

DuPont de Nemours (NYSE:DD) last released its earnings results on Monday, July 11th. The basic materials company reported $0.69 EPS for the quarter. The firm had revenue of $3.02 billion for the quarter. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%. As a group, analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

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.