U.S. Capital Wealth Advisors LLC grew its position in DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 4.4% in the 2nd quarter, Holdings Channel.com reports. The fund owned 5,989 shares of the basic materials company’s stock after acquiring an additional 252 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in DuPont de Nemours were worth $411,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also modified their holdings of DD. JNBA Financial Advisors raised its holdings in shares of DuPont de Nemours by 132.5% in the first quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company’s stock valued at $28,000 after buying an additional 216 shares during the last quarter. Valley National Advisers Inc. raised its stake 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 acquiring an additional 248 shares during the last quarter. WPG Advisers LLC acquired a new stake in DuPont de Nemours during the 1st quarter worth approximately $35,000. Ransom Advisory Ltd purchased a new position in shares of DuPont de Nemours in the 1st quarter valued at approximately $40,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of DuPont de Nemours by 1,770.0% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 561 shares of the basic materials company’s stock valued at $42,000 after purchasing an additional 531 shares during the period. 73.96% of the stock is owned by institutional investors and hedge funds.
DuPont de Nemours Stock Down 1.6%
Shares of NYSE:DD opened at $74.56 on Friday. The company has a 50 day moving average of $75.22 and a two-hundred day moving average of $70.93. The company has a market capitalization of $31.22 billion, a price-to-earnings ratio of -158.64, a price-to-earnings-growth ratio of 2.19 and a beta of 1.07. DuPont de Nemours, Inc. has a 52-week low of $53.77 and a 52-week high of $90.06. The company has a quick ratio of 0.94, a current ratio of 1.41 and a debt-to-equity ratio of 0.23.
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on the company. Mizuho increased their target price 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. Wells Fargo & Company upped their price target on shares of DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, July 14th. BMO Capital Markets decreased their price objective on DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating on the stock in a research note on Friday, September 19th. KeyCorp boosted their price target on DuPont de Nemours from $92.00 to $93.00 and gave the company an “overweight” rating in a report on Monday. Finally, UBS Group increased their price objective on shares of DuPont de Nemours from $87.00 to $89.00 and gave the stock a “buy” rating in a report on Monday, July 21st. Nine investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $88.33.
Read Our Latest Analysis on DuPont de Nemours
Insider Transactions at DuPont de Nemours
In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at $2,977,604.45. This trade represents a 52.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold a total of 74,208 shares of company stock valued at $5,714,861 over the last quarter. Company insiders own 0.61% of the company’s stock.
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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