Fiduciary Family Office LLC Invests $280,000 in DuPont de Nemours, Inc. $DD

Key Points

• Fiduciary Family Office LLC has invested approximately $280,000 in DuPont de Nemours, acquiring 4,075 shares of the company during the second quarter.
• Institutional investors own about 73.96% of DuPont's stock, with significant stakes acquired by Nuveen LLC and Valeo Financial Advisors LLC in recent months.
• Recent insider transactions include SVP Steven P. Larrabee selling 43,208 shares for over $3.3 million, reducing his ownership by over 52%.

Fiduciary Family Office LLC acquired a new stake in DuPont de Nemours, Inc. (NYSE:DD - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,075 shares of the basic materials company's stock, valued at approximately $280,000.

A number of other large investors have also recently added to or reduced their stakes in DD. Nuveen LLC acquired a new stake in DuPont de Nemours in the 1st quarter valued at about $531,037,000. Price T Rowe Associates Inc. MD grew its stake in DuPont de Nemours by 21.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,159,807 shares of the basic materials company's stock valued at $310,656,000 after acquiring an additional 746,364 shares during the last quarter. Strs Ohio acquired a new stake in DuPont de Nemours in the 1st quarter valued at about $54,934,000. Valeo Financial Advisors LLC grew its stake in DuPont de Nemours by 9,614.8% in the 2nd quarter. Valeo Financial Advisors LLC now owns 624,659 shares of the basic materials company's stock valued at $42,845,000 after acquiring an additional 618,229 shares during the last quarter. Finally, Drummond Knight Asset Management Pty Ltd acquired a new stake in DuPont de Nemours in the 1st quarter valued at about $25,307,000. 73.96% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at DuPont de Nemours

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the 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 completion of 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 74,208 shares of company stock valued at $5,714,861 over the last three months. 0.61% of the stock is owned by company insiders.

DuPont de Nemours Stock Up 0.2%

DD opened at $81.13 on Wednesday. The firm has a 50 day moving average price of $77.10 and a 200 day moving average price of $71.36. The company has a market cap of $33.97 billion, a PE ratio of -172.62, a price-to-earnings-growth ratio of 2.34 and a beta of 1.08. DuPont de Nemours, Inc. has a 1 year low of $53.77 and a 1 year high of $87.80. 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 (NYSE:DD - Get Free Report) last posted its earnings results on Monday, July 11th. The basic materials company reported $0.69 earnings per share (EPS) for the quarter. The firm had revenue of $3.02 billion during the quarter. DuPont de Nemours had a negative net margin of 1.54% and a positive return on equity of 7.85%. Sell-side analysts expect that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on DD shares. Weiss Ratings reissued a "hold (c-)" rating on shares of DuPont de Nemours in a research note on Wednesday, October 8th. Zacks Research lowered shares of DuPont de Nemours from a "hold" rating to a "strong sell" rating in a report on Tuesday, October 14th. KeyCorp upped 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. Citigroup upped their target price on shares of DuPont de Nemours from $85.00 to $93.00 in a report on Friday, September 19th. Finally, BMO Capital Markets reduced 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 report on Friday, September 19th. Nine analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus 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.

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