Chicago Capital LLC lifted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 30.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,038 shares of the basic materials company’s stock after purchasing an additional 1,411 shares during the quarter. Chicago Capital LLC’s holdings in DuPont de Nemours were worth $414,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in the business. JNBA Financial Advisors increased 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 valued at $28,000 after acquiring an additional 216 shares during the last quarter. Valley National Advisers Inc. grew its holdings 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 valued at $31,000 after purchasing an additional 248 shares during the period. WPG Advisers LLC acquired a new position in DuPont de Nemours during the first quarter worth approximately $35,000. Ransom Advisory Ltd acquired a new position in DuPont de Nemours during the first quarter worth approximately $40,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its stake in DuPont de Nemours by 1,770.0% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 561 shares of the basic materials company’s stock worth $42,000 after purchasing an additional 531 shares during the period. 73.96% of the stock is currently owned by institutional investors and hedge funds.
DuPont de Nemours Stock Performance
DuPont de Nemours stock opened at $77.92 on Wednesday. The firm has a market capitalization of $32.63 billion, a PE ratio of -165.79, a price-to-earnings-growth ratio of 2.22 and a beta of 1.07. DuPont de Nemours, Inc. has a one year low of $53.77 and a one year high of $89.56. The stock’s 50 day moving average price is $75.26 and its 200 day moving average price is $70.92. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 1.41.
Insider Buying and Selling
In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the business’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 transaction, the senior vice president owned 38,585 shares in the company, valued at $2,977,604.45. The trade was a 52.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In the last quarter, insiders have sold 74,208 shares of company stock valued at $5,714,861. Insiders own 0.61% of the company’s stock.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on DD shares. Royal Bank Of Canada reissued an “outperform” rating and set a $94.00 price objective on shares of DuPont de Nemours in a research note on Friday, September 19th. Citigroup boosted their price target on DuPont de Nemours from $85.00 to $93.00 in a research report on Friday, September 19th. BMO Capital Markets dropped their price target on DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating for the company in a research note on Friday, September 19th. UBS Group lifted their price objective on DuPont de Nemours from $87.00 to $89.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Finally, Mizuho increased their target price on shares of DuPont de Nemours from $80.00 to $85.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 15th. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $88.33.
Check Out Our Latest Research Report on DuPont de Nemours
DuPont de Nemours Company 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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