Private Wealth Asset Management LLC Has $79,000 Stock Holdings in DuPont de Nemours, Inc. $DD

Private Wealth Asset Management LLC decreased its position in DuPont de Nemours, Inc. (NYSE:DD) by 27.5% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,158 shares of the basic materials company’s stock after selling 439 shares during the period. Private Wealth Asset Management LLC’s holdings in DuPont de Nemours were worth $79,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of DD. Ritholtz Wealth Management raised its holdings in shares of DuPont de Nemours by 48.8% in the first quarter. Ritholtz Wealth Management now owns 4,462 shares of the basic materials company’s stock valued at $333,000 after purchasing an additional 1,464 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in DuPont de Nemours by 334.4% in the 1st quarter. Sequoia Financial Advisors LLC now owns 256,053 shares of the basic materials company’s stock valued at $19,122,000 after buying an additional 197,115 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in DuPont de Nemours by 6.6% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 80,385 shares of the basic materials company’s stock worth $6,003,000 after buying an additional 4,995 shares in the last quarter. Oppenheimer & Co. Inc. boosted its stake in shares of DuPont de Nemours by 11.8% during the 1st quarter. Oppenheimer & Co. Inc. now owns 54,489 shares of the basic materials company’s stock worth $4,069,000 after buying an additional 5,751 shares during the last quarter. Finally, Summit Trail Advisors LLC grew its holdings in shares of DuPont de Nemours by 37.4% in the 1st quarter. Summit Trail Advisors LLC now owns 23,923 shares of the basic materials company’s stock valued at $1,787,000 after acquiring an additional 6,509 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Price Performance

NYSE:DD opened at $78.45 on Thursday. The company has a market cap of $32.85 billion, a P/E ratio of -166.90, a P/E/G ratio of 2.24 and a beta of 1.08. The firm’s fifty day moving average price is $76.37 and its two-hundred day moving average price is $71.09. 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 current ratio of 1.41 and a quick ratio of 0.94.

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

Insider Activity at DuPont de Nemours

In other news, SVP Steven P. Larrabee sold 43,208 shares of the stock in a transaction that occurred on 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 transaction, the senior vice president owned 38,585 shares in the company, valued at approximately $2,977,604.45. This trade represents a 52.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 74,208 shares of company stock valued at $5,714,861 over the last 90 days. 0.61% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on DD shares. KeyCorp upped their target price on DuPont de Nemours from $92.00 to $93.00 and gave the stock an “overweight” rating in a report on Monday, September 22nd. Mizuho upped their price objective 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. JPMorgan Chase & Co. raised their target price on shares of DuPont de Nemours from $99.00 to $104.00 and gave the company an “overweight” rating in a research note on Wednesday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of DuPont de Nemours in a research report on Wednesday, October 8th. Finally, Wells Fargo & Company lifted their price objective on shares of DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a research report on Monday, July 14th. Nine research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, DuPont de Nemours presently has a consensus rating of “Moderate Buy” and a consensus target price of $89.25.

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.