NBT Bank N A NY cut its position in shares of DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 2.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,962 shares of the basic materials company’s stock after selling 586 shares during the period. NBT Bank N A NY’s holdings in DuPont de Nemours were worth $1,575,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also bought and sold shares of the company. JNBA Financial Advisors raised its position in DuPont de Nemours by 132.5% during the 1st quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 216 shares in the last quarter. Valley National Advisers Inc. raised its position in DuPont de Nemours by 145.0% during the 1st quarter. Valley National Advisers Inc. now owns 419 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 248 shares in the last quarter. WPG Advisers LLC bought a new stake in DuPont de Nemours during the 1st quarter valued at $35,000. Ransom Advisory Ltd bought a new position in shares of DuPont de Nemours in the 1st quarter worth $40,000. Finally, REAP Financial Group LLC raised its position in shares of DuPont de Nemours by 80.1% in the 2nd quarter. REAP Financial Group LLC now owns 605 shares of the basic materials company’s stock worth $42,000 after acquiring an additional 269 shares in the last quarter. 73.96% of the stock is owned by institutional investors.
DuPont de Nemours Stock Down 0.7%
Shares of DD stock opened at $78.31 on Thursday. DuPont de Nemours, Inc. has a 1-year low of $53.77 and a 1-year high of $87.80. The stock’s fifty day moving average price is $75.82 and its 200 day moving average price is $71.07. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.41 and a quick ratio of 0.94. The company has a market cap of $32.79 billion, a price-to-earnings ratio of -166.62, a price-to-earnings-growth ratio of 2.28 and a beta of 1.08.
Analysts Set New Price Targets
Several research analysts have recently commented on the company. Mizuho boosted their price target 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. Citigroup boosted their price target on DuPont de Nemours from $85.00 to $93.00 in a research report on Friday, September 19th. 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. Royal Bank Of Canada reissued an “outperform” rating and issued a $94.00 price target on shares of DuPont de Nemours in a research report on Friday, September 19th. Finally, 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. 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.com, the company currently has an average rating of “Moderate Buy” and an average target price of $88.33.
Get Our Latest Report on DuPont de Nemours
Insiders Place Their Bets
In other DuPont de Nemours 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 sale, the senior vice president owned 38,585 shares in the company, 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 can be accessed through the SEC website. In the last quarter, 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 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.
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