DuPont de Nemours, Inc. $DD Shares Purchased by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC grew its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 7.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,844 shares of the basic materials company’s stock after acquiring an additional 4,627 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in DuPont de Nemours were worth $4,662,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of DD. Brighton Jones LLC increased its holdings in shares of DuPont de Nemours by 19.6% during the fourth quarter. Brighton Jones LLC now owns 5,012 shares of the basic materials company’s stock valued at $382,000 after acquiring an additional 822 shares in the last quarter. Ritholtz Wealth Management increased its holdings in shares of DuPont de Nemours by 48.8% during the first quarter. Ritholtz Wealth Management now owns 4,462 shares of the basic materials company’s stock valued at $333,000 after acquiring an additional 1,464 shares in the last quarter. Mission Wealth Management LP increased its holdings in shares of DuPont de Nemours by 10.3% during the first quarter. Mission Wealth Management LP now owns 6,230 shares of the basic materials company’s stock valued at $465,000 after acquiring an additional 581 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of DuPont de Nemours by 5.2% during the first quarter. Janney Montgomery Scott LLC now owns 114,855 shares of the basic materials company’s stock valued at $8,577,000 after acquiring an additional 5,689 shares in the last quarter. Finally, Sowell Financial Services LLC acquired a new position in shares of DuPont de Nemours during the first quarter valued at about $435,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

Insider Activity at DuPont de Nemours

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 sale, the senior vice president owned 38,585 shares of the company’s stock, valued at $2,977,604.45. This trade represents a 52.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last 90 days, insiders have sold 74,208 shares of company stock worth $5,714,861. 0.61% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on DD shares. UBS Group increased their price target on shares of DuPont de Nemours from $87.00 to $89.00 and gave the stock a “buy” rating in a report on Monday, July 21st. Weiss Ratings reiterated a “hold (c-)” rating on shares of DuPont de Nemours in a report on Wednesday, October 8th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $94.00 price target on shares of DuPont de Nemours in a report on Friday, September 19th. Citigroup increased their price target on shares of DuPont de Nemours from $85.00 to $93.00 in a report on Friday, September 19th. Finally, BMO Capital Markets cut their price target on shares of DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating on the stock in a report on Friday, September 19th. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $88.33.

DuPont de Nemours Price Performance

Shares of NYSE DD opened at $75.87 on Tuesday. The stock has a market capitalization of $31.77 billion, a price-to-earnings ratio of -161.43, a PEG ratio of 2.13 and a beta of 1.08. DuPont de Nemours, Inc. has a 12 month low of $53.77 and a 12 month high of $87.80. The firm’s 50 day simple moving average is $76.12 and its 200-day simple moving average is $71.00. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.41 and a quick ratio of 0.94.

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