DuPont de Nemours, Inc. $DD Shares Sold by Baldwin Wealth Partners LLC MA

Baldwin Wealth Partners LLC MA reduced its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 7.7% in the 2nd quarter, HoldingsChannel reports. The firm owned 3,976 shares of the basic materials company’s stock after selling 332 shares during the quarter. Baldwin Wealth Partners LLC MA’s holdings in DuPont de Nemours were worth $273,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the stock. Callan Family Office LLC raised its position in shares of DuPont de Nemours by 82.5% during the 2nd quarter. Callan Family Office LLC now owns 6,452 shares of the basic materials company’s stock worth $443,000 after purchasing an additional 2,917 shares during the last quarter. Blair William & Co. IL boosted its stake in shares of DuPont de Nemours by 0.4% during the 2nd quarter. Blair William & Co. IL now owns 78,876 shares of the basic materials company’s stock worth $5,410,000 after purchasing an additional 302 shares during the last quarter. Mainstay Capital Management LLC ADV acquired a new stake in shares of DuPont de Nemours during the 2nd quarter worth about $226,000. Leo Wealth LLC boosted its stake in shares of DuPont de Nemours by 42.3% during the 2nd quarter. Leo Wealth LLC now owns 10,194 shares of the basic materials company’s stock worth $699,000 after purchasing an additional 3,030 shares during the last quarter. Finally, McElhenny Sheffield Capital Management LLC acquired a new stake in shares of DuPont de Nemours during the 2nd quarter worth about $7,545,000. 73.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related 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 value 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 transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have sold a total of 74,208 shares of company stock valued at $5,714,861 in the last 90 days. Company insiders own 0.61% of the company’s stock.

DuPont de Nemours Price Performance

DD opened at $73.82 on Friday. The company’s 50 day simple moving average is $76.02 and its 200 day simple moving average is $71.06. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 1.41. DuPont de Nemours, Inc. has a 1 year low of $53.77 and a 1 year high of $87.80. The stock has a market capitalization of $30.91 billion, a PE ratio of -157.06, a P/E/G ratio of 2.25 and a beta of 1.08.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings results on Monday, July 11th. The basic materials company reported $0.69 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 firm had revenue of $3.02 billion for the quarter. As a group, sell-side analysts expect that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

Analyst Ratings Changes

DD has been the topic of several analyst reports. Citigroup raised their price target on shares of DuPont de Nemours from $85.00 to $93.00 in a research note on Friday, September 19th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of DuPont de Nemours in a research note on Wednesday. Wells Fargo & Company raised their price target on shares of DuPont de Nemours from $81.00 to $90.00 and gave the stock an “overweight” rating in a research note on Monday, July 14th. UBS Group raised their price target on shares of DuPont de Nemours from $87.00 to $89.00 and gave the stock a “buy” rating in a research note on Monday, July 21st. Finally, BMO Capital Markets decreased their target price on shares of DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating on the stock in a research report on Friday, September 19th. Nine research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $88.33.

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.