CVA Family Office LLC Increases Position in DuPont de Nemours, Inc. $DD

CVA Family Office LLC grew its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 60.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 922 shares of the basic materials company’s stock after buying an additional 348 shares during the quarter. CVA Family Office LLC’s holdings in DuPont de Nemours were worth $63,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. AG2R LA Mondiale Gestion D Actifs lifted its holdings in DuPont de Nemours by 8.9% during the second quarter. AG2R LA Mondiale Gestion D Actifs now owns 19,249 shares of the basic materials company’s stock valued at $1,320,000 after purchasing an additional 1,566 shares in the last quarter. Focus Partners Advisor Solutions LLC raised its position in shares of DuPont de Nemours by 85.3% during the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 17,497 shares of the basic materials company’s stock worth $1,200,000 after purchasing an additional 8,054 shares during the last quarter. NORTHSTAR ASSET MANAGEMENT Co lifted its stake in DuPont de Nemours by 3.8% in the 2nd quarter. NORTHSTAR ASSET MANAGEMENT Co now owns 4,090 shares of the basic materials company’s stock valued at $281,000 after buying an additional 150 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its holdings in DuPont de Nemours by 2.2% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 950,079 shares of the basic materials company’s stock worth $65,166,000 after buying an additional 20,467 shares during the last quarter. Finally, Jackson Hole Capital Partners LLC increased its stake in DuPont de Nemours by 11.5% during the 2nd quarter. Jackson Hole Capital Partners LLC now owns 8,018 shares of the basic materials company’s stock worth $550,000 after buying an additional 829 shares in the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Stock Down 0.3%

Shares of NYSE:DD opened at $81.01 on Monday. DuPont de Nemours, Inc. has a 52-week low of $53.77 and a 52-week high of $87.80. The company has a quick ratio of 0.94, a current ratio of 1.41 and a debt-to-equity ratio of 0.23. The business has a fifty day moving average of $77.53 and a two-hundred day moving average of $71.95. The stock has a market cap of $33.92 billion, a P/E ratio of -172.36, a PEG ratio of 2.45 and a beta of 1.08.

DuPont de Nemours (NYSE:DD) last announced 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 negative net margin of 1.54% and a positive return on equity of 7.85%. The firm had revenue of $3.02 billion for the quarter. On average, research analysts expect that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on DD shares. Wolfe Research decreased their target price on DuPont de Nemours from $89.00 to $87.00 and set an “outperform” rating on the stock in a research report on Friday. JPMorgan Chase & Co. increased their price objective on DuPont de Nemours from $99.00 to $104.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. BMO Capital Markets lowered their target price on shares of 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. Mizuho upped their target price on shares of DuPont de Nemours from $80.00 to $85.00 and gave the stock an “outperform” rating in a report on Tuesday, July 15th. Finally, KeyCorp increased their target price on shares of DuPont de Nemours from $92.00 to $93.00 and gave the company an “overweight” rating in a research report on Monday, September 22nd. Nine equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, DuPont de Nemours presently has a consensus rating of “Moderate Buy” and an average target price of $89.42.

Insider Activity

In other news, SVP Steven P. Larrabee sold 43,208 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $77.17, for a total transaction of $3,334,361.36. Following the completion of the sale, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last three months, insiders have sold 74,208 shares of company stock worth $5,714,861. 0.61% of the stock is owned by company insiders.

DuPont de Nemours Profile

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.