NORTHSTAR ASSET MANAGEMENT Co Grows Stock Position in DuPont de Nemours, Inc. $DD

NORTHSTAR ASSET MANAGEMENT Co boosted its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 3.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,090 shares of the basic materials company’s stock after acquiring an additional 150 shares during the quarter. NORTHSTAR ASSET MANAGEMENT Co’s holdings in DuPont de Nemours were worth $281,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of DD. Princeton Global Asset Management LLC raised its holdings in DuPont de Nemours by 64.4% in the 2nd quarter. Princeton Global Asset Management LLC now owns 365 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 143 shares during the period. JNBA Financial Advisors lifted its stake in DuPont de Nemours by 132.5% in the first quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 216 shares during the last quarter. Valley National Advisers Inc. raised its stake in shares of DuPont de Nemours by 145.0% during the first 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 in the last quarter. WPG Advisers LLC bought a new position in DuPont de Nemours in the first quarter worth approximately $35,000. Finally, Ransom Advisory Ltd bought a new position in DuPont de Nemours in the first quarter worth approximately $40,000. 73.96% of the stock is owned by institutional investors.

DuPont de Nemours Price Performance

Shares of DD stock opened at $81.01 on Friday. The company has a market capitalization of $33.92 billion, a PE ratio of -172.36, a price-to-earnings-growth ratio of 2.46 and a beta of 1.08. The firm has a fifty day simple moving average of $77.53 and a 200-day simple moving average of $71.77. The company has a current ratio of 1.41, a quick ratio of 0.94 and a debt-to-equity ratio of 0.23. DuPont de Nemours, Inc. has a twelve month low of $53.77 and a twelve month high of $87.80.

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

Insider Buying and Selling at DuPont de Nemours

In related news, SVP Steven P. Larrabee sold 43,208 shares of the 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 sale, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 74,208 shares of company stock worth $5,714,861 over the last 90 days. 0.61% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on DD shares. Wells Fargo & Company upped their price objective on shares of DuPont de Nemours from $81.00 to $90.00 and gave the stock an “overweight” rating in a research report on Monday, July 14th. Zacks Research lowered shares of DuPont de Nemours from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 14th. Weiss Ratings reiterated a “hold (c-)” rating on shares of DuPont de Nemours in a research note on Friday. BMO Capital Markets lowered their price objective 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. Finally, KeyCorp lifted their target price on shares of DuPont de Nemours from $92.00 to $93.00 and gave the company an “overweight” rating in a report on Monday, September 22nd. 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 stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $89.75.

About DuPont de Nemours

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.