DuPont de Nemours, Inc. $DD Shares Sold by Clifford Swan Investment Counsel LLC

Clifford Swan Investment Counsel LLC decreased its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 14.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 217,748 shares of the basic materials company’s stock after selling 37,321 shares during the period. Clifford Swan Investment Counsel LLC’s holdings in DuPont de Nemours were worth $14,935,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in DD. Princeton Global Asset Management LLC increased its stake in shares of DuPont de Nemours by 64.4% during the 2nd quarter. Princeton Global Asset Management LLC now owns 365 shares of the basic materials company’s stock valued at $25,000 after acquiring an additional 143 shares during the last quarter. JNBA Financial Advisors raised its stake 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 worth $28,000 after purchasing an additional 216 shares during the period. Valley National Advisers Inc. boosted its holdings in shares of DuPont de Nemours by 145.0% in the 1st quarter. Valley National Advisers Inc. now owns 419 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 248 shares during the last quarter. WPG Advisers LLC purchased a new stake in shares of DuPont de Nemours during the 1st quarter valued at $35,000. Finally, Ransom Advisory Ltd purchased a new position in shares of DuPont de Nemours in the 1st quarter worth $40,000. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, SVP Steven P. Larrabee sold 43,208 shares of the business’s 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 completion of the sale, the senior vice president owned 38,585 shares of the company’s stock, valued at approximately $2,977,604.45. The trade was a 52.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders have sold 74,208 shares of company stock worth $5,714,861. Corporate insiders own 0.61% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on DD shares. KeyCorp boosted their price target on DuPont de Nemours from $92.00 to $93.00 and gave the company an “overweight” rating in a research report on Monday, September 22nd. Citigroup boosted their target price on DuPont de Nemours from $85.00 to $93.00 in a report on Friday, September 19th. Mizuho raised their price target on shares of DuPont de Nemours from $80.00 to $85.00 and gave the company an “outperform” rating in a report on Tuesday, July 15th. Royal Bank Of Canada increased their price objective on shares of DuPont de Nemours from $94.00 to $100.00 and gave the stock an “outperform” rating in a research report on Friday, October 17th. Finally, JPMorgan Chase & Co. raised their price objective 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. Nine research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $89.75.

DuPont de Nemours Stock Down 1.8%

Shares of DuPont de Nemours stock opened at $79.70 on Thursday. DuPont de Nemours, Inc. has a 1-year low of $53.77 and a 1-year high of $87.80. The company has a market capitalization of $33.37 billion, a PE ratio of -169.58, a P/E/G ratio of 2.46 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. The business has a 50-day moving average of $77.21 and a 200-day moving average of $71.42.

DuPont de Nemours (NYSE:DD) last released its quarterly 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 for the quarter. As a group, equities analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours 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.