First Command Advisory Services Inc. Trims Stock Position in DuPont de Nemours, Inc. $DD

First Command Advisory Services Inc. lowered its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 24.0% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 1,636 shares of the basic materials company’s stock after selling 516 shares during the period. First Command Advisory Services Inc.’s holdings in DuPont de Nemours were worth $112,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of DD. Nuveen LLC purchased a new position in shares of DuPont de Nemours during the 1st quarter valued at about $531,037,000. Price T Rowe Associates Inc. MD raised its stake in shares of DuPont de Nemours by 21.9% during 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 buying an additional 746,364 shares during the last quarter. Strs Ohio purchased a new position in shares of DuPont de Nemours during the 1st quarter valued at about $54,934,000. Valeo Financial Advisors LLC raised its stake in shares of DuPont de Nemours by 9,614.8% during 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 buying an additional 618,229 shares during the last quarter. Finally, Drummond Knight Asset Management Pty Ltd purchased a new position in shares of DuPont de Nemours during the 1st quarter valued at about $25,307,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Wall Street Analyst Weigh In

DD has been the topic of a number of analyst reports. Zacks Research cut DuPont de Nemours from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 14th. Weiss Ratings restated a “hold (c-)” rating on shares of DuPont de Nemours in a research report on Wednesday, October 8th. Wolfe Research dropped their target price on DuPont de Nemours from $89.00 to $87.00 and set an “outperform” rating on the stock in a research report on Friday. JPMorgan Chase & Co. raised their target price on DuPont de Nemours from $99.00 to $104.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Finally, Citigroup raised their target price on DuPont de Nemours from $85.00 to $93.00 in a research report on Friday, September 19th. Nine investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $89.42.

Insider Transactions at DuPont de Nemours

In related news, SVP Steven P. Larrabee sold 43,208 shares of DuPont de Nemours stock in a transaction dated 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 sale, the senior vice president directly owned 38,585 shares in the company, valued at approximately $2,977,604.45. The trade was a 52.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders sold 74,208 shares of company stock valued at $5,714,861. Insiders own 0.61% of the company’s stock.

DuPont de Nemours Trading Up 0.5%

DD stock opened at $81.45 on Tuesday. 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 12-month low of $53.77 and a 12-month high of $87.80. The stock has a market cap of $34.10 billion, a price-to-earnings ratio of -173.29, a PEG ratio of 2.45 and a beta of 1.08. The business’s 50-day moving average is $77.69 and its 200 day moving average is $72.09.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings data on Monday, July 11th. The basic materials company reported $0.69 earnings per share (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 company had revenue of $3.02 billion for the quarter. On average, sell-side analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

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.