Whittier Trust Co. Has $436,000 Stock Position in DuPont de Nemours, Inc. $DD

Whittier Trust Co. lowered its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 2.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,362 shares of the basic materials company’s stock after selling 169 shares during the quarter. Whittier Trust Co.’s holdings in DuPont de Nemours were worth $436,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Princeton Global Asset Management LLC boosted its position in DuPont de Nemours by 64.4% during the 2nd quarter. Princeton Global Asset Management LLC now owns 365 shares of the basic materials company’s stock worth $25,000 after acquiring an additional 143 shares during the last quarter. JNBA Financial Advisors raised its stake in shares of DuPont de Nemours by 132.5% during the 1st quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 216 shares in the last quarter. Valley National Advisers Inc. raised its stake in shares of DuPont de Nemours by 145.0% during the 1st 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 in the last quarter. WPG Advisers LLC bought a new stake in shares of DuPont de Nemours during the 1st quarter worth approximately $35,000. Finally, Ransom Advisory Ltd bought a new stake in shares of DuPont de Nemours during the 1st quarter worth approximately $40,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Stock Up 2.0%

DD opened at $81.32 on Friday. DuPont de Nemours, Inc. has a 1-year low of $53.77 and a 1-year high of $87.80. The stock’s fifty day simple moving average is $77.37 and its 200 day simple moving average is $71.58. 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 stock has a market cap of $34.05 billion, a PE ratio of -173.01, a price-to-earnings-growth ratio of 2.41 and a beta of 1.08.

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

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Royal Bank Of Canada upped their price objective on DuPont de Nemours from $94.00 to $100.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. Zacks Research cut DuPont de Nemours from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 14th. Mizuho upped their price objective on DuPont de Nemours from $80.00 to $85.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 15th. Citigroup upped their price objective on DuPont de Nemours from $85.00 to $93.00 in a research note on Friday, September 19th. Finally, BMO Capital Markets dropped their price objective on DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating on the stock in a research note on Friday, September 19th. Nine equities research 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. Based on data from MarketBeat.com, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and a consensus price target of $89.75.

Insiders Place Their Bets

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the stock in a transaction 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 in the company, valued at $2,977,604.45. This trade represents a 52.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last quarter, insiders sold 74,208 shares of company stock worth $5,714,861. 0.61% of the stock is owned by company 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.