Brighton Jones LLC Grows Position in DuPont de Nemours, Inc. $DD

Brighton Jones LLC lifted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 101.4% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 10,838 shares of the basic materials company’s stock after acquiring an additional 5,457 shares during the quarter. Brighton Jones LLC’s holdings in DuPont de Nemours were worth $743,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. MQS Management LLC purchased a new stake in shares of DuPont de Nemours during the second quarter valued at $800,000. CVA Family Office LLC boosted its position in shares of DuPont de Nemours by 60.6% during the second quarter. CVA Family Office LLC now owns 922 shares of the basic materials company’s stock valued at $63,000 after buying an additional 348 shares during the last quarter. AG2R LA Mondiale Gestion D Actifs boosted its position in shares of DuPont de Nemours by 8.9% during the second quarter. AG2R LA Mondiale Gestion D Actifs now owns 19,249 shares of the basic materials company’s stock valued at $1,320,000 after buying an additional 1,566 shares during the last quarter. Focus Partners Advisor Solutions LLC boosted its position in shares of DuPont de Nemours by 85.3% during the second quarter. Focus Partners Advisor Solutions LLC now owns 17,497 shares of the basic materials company’s stock valued at $1,200,000 after buying an additional 8,054 shares during the last quarter. Finally, NORTHSTAR ASSET MANAGEMENT Co boosted its position in shares of DuPont de Nemours by 3.8% during the second quarter. NORTHSTAR ASSET MANAGEMENT Co now owns 4,090 shares of the basic materials company’s stock valued at $281,000 after buying an additional 150 shares during the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

DuPont de Nemours Stock Up 0.6%

DD stock opened at $81.85 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 quick ratio of 0.94, a current ratio of 1.41 and a debt-to-equity ratio of 0.23. The stock has a market cap of $34.27 billion, a P/E ratio of -174.15, a PEG ratio of 2.46 and a beta of 1.08. The business’s 50-day moving average price is $77.86 and its 200-day moving average price is $72.26.

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 firm had revenue of $3.02 billion for the quarter. On average, equities research analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

Insider Buying and Selling at DuPont de Nemours

In related news, SVP Steven P. Larrabee sold 43,208 shares of DuPont de Nemours 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 sale, the senior vice president owned 38,585 shares of the company’s stock, valued at approximately $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 can be accessed through this link. Over the last 90 days, insiders sold 74,208 shares of company stock worth $5,714,861. 0.61% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on DD shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of DuPont de Nemours in a research report on Wednesday, October 8th. JPMorgan Chase & Co. raised their target price on DuPont de Nemours from $99.00 to $104.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Mizuho raised their target price on DuPont de Nemours from $80.00 to $85.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 15th. Wells Fargo & Company raised their target price 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. Finally, UBS Group raised their target price 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 analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $89.42.

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.