Vanguard Personalized Indexing Management LLC Acquires 4,627 Shares of DuPont de Nemours, Inc. $DD

Key Points

• Vanguard Personalized Indexing Management LLC has increased its stake in DuPont de Nemours, Inc. by 7.3%, acquiring an additional 4,627 shares for a total of 67,844 shares worth approximately $4.66 million.
• Analysts have raised price targets for DuPont, with Citigroup increasing theirs from $85 to $93, while the stock currently has a consensus rating of "Moderate Buy" and a price target of $88.33.
• Insider selling activity was noted as SVP Steven P. Larrabee sold 43,208 shares at an average price of $77.17, decreasing his ownership by over 52% in the company.

Vanguard Personalized Indexing Management LLC increased its holdings in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 7.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 67,844 shares of the basic materials company's stock after purchasing an additional 4,627 shares during the period. Vanguard Personalized Indexing Management LLC's holdings in DuPont de Nemours were worth $4,662,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. JNBA Financial Advisors increased its position in DuPont de Nemours by 132.5% during the first quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company's stock valued at $28,000 after acquiring an additional 216 shares during the last quarter. Valley National Advisers Inc. increased its position in 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 during the last quarter. WPG Advisers LLC bought a new position in DuPont de Nemours during the first quarter valued at $35,000. Ransom Advisory Ltd bought a new position in DuPont de Nemours during the first quarter valued at $40,000. Finally, Richardson Capital Management LLC bought a new position in DuPont de Nemours during the first quarter valued at $43,000. Institutional investors own 73.96% of the company's stock.

Wall Street Analysts Forecast Growth

DD has been the topic of a number of analyst reports. Citigroup boosted their price objective on shares of DuPont de Nemours from $85.00 to $93.00 in a research report on Friday, September 19th. Mizuho upped their price target on shares of DuPont de Nemours from $80.00 to $85.00 and gave the stock an "outperform" rating in a report 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 stock an "overweight" rating in a report on Monday, July 14th. BMO Capital Markets cut their price target 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. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of DuPont de Nemours in a report on Wednesday, October 8th. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $88.33.

Insider Activity at DuPont de Nemours

In other DuPont de Nemours 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 transaction of $3,334,361.36. Following the completion of the sale, the senior vice president directly owned 38,585 shares of the company's stock, valued at approximately $2,977,604.45. This represents a 52.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders have sold 74,208 shares of company stock worth $5,714,861 over the last ninety days. Corporate insiders own 0.61% of the company's stock.

DuPont de Nemours Stock Up 2.9%

NYSE:DD opened at $75.87 on Tuesday. The firm has a market cap of $31.77 billion, a PE ratio of -161.43, a price-to-earnings-growth ratio of 2.13 and a beta of 1.08. The company has a 50-day moving average of $76.12 and a 200 day moving average of $71.00. 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 current ratio of 1.41 and a quick ratio of 0.94.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its quarterly earnings results on Monday, July 11th. The basic materials company reported $0.69 EPS for the quarter. The business 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%. As a group, research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

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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