DuPont de Nemours, Inc. $DD Shares Sold by Hazlett Burt & Watson Inc.

Hazlett Burt & Watson Inc. cut its stake in DuPont de Nemours, Inc. (NYSE:DD) by 35.3% in the second quarter, HoldingsChannel reports. The fund owned 1,165 shares of the basic materials company’s stock after selling 636 shares during the period. Hazlett Burt & Watson Inc.’s holdings in DuPont de Nemours were worth $81,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in DuPont de Nemours by 0.6% in the first quarter. Vanguard Group Inc. now owns 46,894,623 shares of the basic materials company’s stock valued at $3,502,090,000 after acquiring an additional 298,408 shares during the period. Nuveen LLC acquired a new position in DuPont de Nemours in the first quarter valued at approximately $531,037,000. Price T Rowe Associates Inc. MD lifted its holdings in DuPont de Nemours by 21.9% in the first quarter. Price T Rowe Associates Inc. MD now owns 4,159,807 shares of the basic materials company’s stock valued at $310,656,000 after acquiring an additional 746,364 shares during the period. Bank of New York Mellon Corp lifted its holdings in DuPont de Nemours by 1.1% in the first quarter. Bank of New York Mellon Corp now owns 3,347,098 shares of the basic materials company’s stock valued at $249,961,000 after acquiring an additional 37,327 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in DuPont de Nemours by 2.7% in the first quarter. Dimensional Fund Advisors LP now owns 3,190,172 shares of the basic materials company’s stock valued at $238,200,000 after acquiring an additional 83,147 shares during the period. 73.96% of the stock is owned by institutional investors and hedge funds.

DuPont de Nemours Stock Up 2.9%

NYSE DD opened at $75.87 on Tuesday. The business has a fifty day moving average price of $76.12 and a 200 day moving average price of $71.00. DuPont de Nemours, Inc. has a one year low of $53.77 and a one year high of $87.80. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 1.41. The company has a market cap of $31.77 billion, a P/E ratio of -161.43, a P/E/G ratio of 2.13 and a beta of 1.08.

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

Analyst Ratings Changes

Several brokerages have recently weighed in on DD. Citigroup upped their target price on DuPont de Nemours from $85.00 to $93.00 in a research note on Friday, September 19th. Wells Fargo & Company upped their target price on DuPont de Nemours from $81.00 to $90.00 and gave the stock an “overweight” rating in a research note on Monday, July 14th. Mizuho upped their target price 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. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of DuPont de Nemours in a research note on Wednesday, October 8th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $94.00 target price on shares of DuPont de Nemours in a research note on Friday, September 19th. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $88.33.

Insider Buying and Selling

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the company’s 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 sale, the senior vice president directly owned 38,585 shares in the company, valued at $2,977,604.45. This represents a 52.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last three months, insiders sold 74,208 shares of company stock valued at $5,714,861. 0.61% of the stock is currently owned by corporate insiders.

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.