Aull & Monroe Investment Management Corp reduced its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 11.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,931 shares of the basic materials company’s stock after selling 493 shares during the quarter. Aull & Monroe Investment Management Corp’s holdings in DuPont de Nemours were worth $270,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of DD. JNBA Financial Advisors lifted its holdings in DuPont de Nemours by 132.5% during the first quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 216 shares during the period. Valley National Advisers Inc. increased its position in DuPont de Nemours by 145.0% in the first quarter. Valley National Advisers Inc. now owns 419 shares of the basic materials company’s stock worth $31,000 after buying an additional 248 shares during the last quarter. WPG Advisers LLC purchased a new stake in DuPont de Nemours in the first quarter worth $35,000. Ransom Advisory Ltd purchased a new stake in DuPont de Nemours in the first quarter worth $40,000. Finally, REAP Financial Group LLC increased its position in DuPont de Nemours by 80.1% in the second quarter. REAP Financial Group LLC now owns 605 shares of the basic materials company’s stock worth $42,000 after buying an additional 269 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors.
Insider Buying and Selling at DuPont de Nemours
In other news, SVP Steven P. Larrabee sold 43,208 shares of DuPont de Nemours stock in a transaction on 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 completion of the transaction, the senior vice president directly owned 38,585 shares in the company, valued at approximately $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 Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 74,208 shares of company stock valued at $5,714,861 in the last three months. 0.61% of the stock is currently owned by insiders.
DuPont de Nemours Price Performance
DuPont de Nemours (NYSE:DD – Get Free Report) last announced its quarterly earnings results on Monday, July 11th. The basic materials company reported $0.69 earnings per share for the quarter. The company had revenue of $3.02 billion during the quarter. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%. Equities research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on the company. JPMorgan Chase & Co. raised their target price on DuPont de Nemours from $99.00 to $104.00 and gave the stock an “overweight” rating in a research report on Wednesday. Weiss Ratings reissued a “hold (c-)” rating on shares of DuPont de Nemours in a research report on Wednesday, October 8th. Zacks Research downgraded DuPont de Nemours from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 14th. KeyCorp raised their target price on DuPont de Nemours from $92.00 to $93.00 and gave the stock an “overweight” rating in a research report on Monday, September 22nd. Finally, Citigroup raised their target price on DuPont de Nemours from $85.00 to $93.00 in a research report on Friday, September 19th. Nine investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $89.75.
Check Out Our Latest Stock Analysis on DD
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.
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