DuPont de Nemours, Inc. $DD Holdings Lifted by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC increased its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 3.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,162 shares of the basic materials company’s stock after buying an additional 1,009 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in DuPont de Nemours were worth $2,206,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of DD. Nuveen LLC acquired a new stake in DuPont de Nemours during the first quarter valued at $531,037,000. Price T Rowe Associates Inc. MD boosted its position in DuPont de Nemours by 21.9% during 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 purchasing an additional 746,364 shares during the last quarter. Strs Ohio acquired a new stake in DuPont de Nemours during the first quarter valued at $54,934,000. Valeo Financial Advisors LLC boosted its position in DuPont de Nemours by 9,614.8% during the second quarter. Valeo Financial Advisors LLC now owns 624,659 shares of the basic materials company’s stock valued at $42,845,000 after purchasing an additional 618,229 shares during the last quarter. Finally, Drummond Knight Asset Management Pty Ltd acquired a new stake in DuPont de Nemours during the first quarter valued at $25,307,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Insider Buying and Selling at DuPont de Nemours

In related news, SVP Steven P. Larrabee sold 43,208 shares of the business’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $77.17, for a total transaction of $3,334,361.36. Following the completion of the transaction, the senior vice president owned 38,585 shares of the company’s stock, valued at approximately $2,977,604.45. The trade was a 52.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders sold 74,208 shares of company stock worth $5,714,861. 0.61% of the stock is currently owned by insiders.

DuPont de Nemours Price Performance

NYSE DD opened at $77.60 on Wednesday. DuPont de Nemours, Inc. has a twelve month low of $53.77 and a twelve month 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 stock has a market capitalization of $32.49 billion, a PE ratio of -165.10, a P/E/G ratio of 2.19 and a beta of 1.08. The stock has a 50-day simple moving average of $76.22 and a 200 day simple moving average of $71.04.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings data on Monday, July 11th. The basic materials company reported $0.69 earnings per share for the quarter. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%.The business 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 year.

Wall Street Analyst Weigh In

DD has been the subject of a number of research reports. Royal Bank Of Canada reissued an “outperform” rating and set a $94.00 price objective on shares of DuPont de Nemours in a research report on Friday, September 19th. BMO Capital Markets reduced their price target on DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating for the company in a research report on Friday, September 19th. Wells Fargo & Company boosted their price target on DuPont de Nemours from $81.00 to $90.00 and gave the stock an “overweight” rating in a research report on Monday, July 14th. KeyCorp boosted their price target 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, UBS Group boosted their price target on DuPont de Nemours from $87.00 to $89.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $88.33.

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.