Gladwyn Financial Advisors Inc. Purchases Shares of 1,180 DuPont de Nemours, Inc. $DD

Gladwyn Financial Advisors Inc. acquired a new stake in DuPont de Nemours, Inc. (NYSE:DD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,180 shares of the basic materials company’s stock, valued at approximately $81,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. United Bank lifted its holdings in shares of DuPont de Nemours by 14.6% in the 2nd quarter. United Bank now owns 18,816 shares of the basic materials company’s stock valued at $1,291,000 after buying an additional 2,396 shares during the period. Bell & Brown Wealth Advisors LLC lifted its holdings in shares of DuPont de Nemours by 1.6% in the 2nd quarter. Bell & Brown Wealth Advisors LLC now owns 36,710 shares of the basic materials company’s stock valued at $2,518,000 after buying an additional 583 shares during the period. Chevy Chase Trust Holdings LLC lifted its holdings in shares of DuPont de Nemours by 0.3% in the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 225,349 shares of the basic materials company’s stock valued at $15,457,000 after buying an additional 745 shares during the period. Easterly Investment Partners LLC lifted its holdings in shares of DuPont de Nemours by 101.7% in the 2nd quarter. Easterly Investment Partners LLC now owns 123,711 shares of the basic materials company’s stock valued at $8,485,000 after buying an additional 62,363 shares during the period. Finally, Arista Wealth Management LLC acquired a new position in shares of DuPont de Nemours in the 2nd quarter valued at about $603,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Price Performance

Shares of DuPont de Nemours stock opened at $79.59 on Friday. The business has a 50 day simple moving average of $76.70 and a two-hundred day simple moving average of $71.12. DuPont de Nemours, Inc. has a 12 month low of $53.77 and a 12 month high of $87.80. The stock has a market capitalization of $33.33 billion, a P/E ratio of -169.34, a PEG ratio of 2.30 and a beta of 1.08. 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) last announced its earnings results on Monday, July 11th. The basic materials company reported $0.69 EPS for the quarter. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%.The business had revenue of $3.02 billion during the quarter. As a group, analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

DD has been the subject of several analyst reports. BMO Capital Markets decreased their price objective on DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating for the company in a report on Friday, September 19th. KeyCorp boosted their price objective on DuPont de Nemours from $92.00 to $93.00 and gave the company an “overweight” rating in a report on Monday, September 22nd. JPMorgan Chase & Co. upped their price target on DuPont de Nemours from $99.00 to $104.00 and gave the stock an “overweight” rating in a report on Wednesday. Mizuho upped their price target on DuPont de Nemours from $80.00 to $85.00 and gave the stock an “outperform” rating in a report on Tuesday, July 15th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of DuPont de Nemours in a report on Wednesday, October 8th. Nine analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $89.75.

Insider Activity

In other news, SVP Steven P. Larrabee sold 43,208 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The stock was 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 directly owned 38,585 shares in the company, valued at $2,977,604.45. This represents a 52.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 74,208 shares of company stock valued at $5,714,861 in the last ninety days. 0.61% of the stock is owned by corporate insiders.

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.