DuPont de Nemours, Inc. (NYSE:DD) Insider Leland Weaver Sells 2,183 Shares

DuPont de Nemours, Inc. (NYSE:DD) insider Leland Weaver sold 2,183 shares of the stock in a transaction that occurred on Thursday, January 13th. The stock was sold at an average price of $84.00, for a total value of $183,372.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

NYSE DD opened at $84.97 on Friday. The company has a market capitalization of $44.44 billion, a PE ratio of 7.83, a price-to-earnings-growth ratio of 1.60 and a beta of 1.49. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.34 and a current ratio of 2.01. The business’s fifty day moving average is $79.22 and its 200 day moving average is $75.47. DuPont de Nemours, Inc. has a fifty-two week low of $66.37 and a fifty-two week high of $86.28.

DuPont de Nemours (NYSE:DD) last released its earnings results on Tuesday, November 2nd. The basic materials company reported $1.15 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.12 by $0.03. The company had revenue of $4.27 billion for the quarter, compared to the consensus estimate of $4.09 billion. DuPont de Nemours had a return on equity of 7.94% and a net margin of 36.78%. During the same period in the previous year, the business earned $0.88 earnings per share. On average, sell-side analysts forecast that DuPont de Nemours, Inc. will post 4.22 EPS for the current year.

Several institutional investors have recently made changes to their positions in the company. FourThought Financial LLC increased its holdings in shares of DuPont de Nemours by 4.5% in the fourth quarter. FourThought Financial LLC now owns 3,351 shares of the basic materials company’s stock worth $271,000 after purchasing an additional 143 shares during the last quarter. Triangle Securities Wealth Management increased its holdings in shares of DuPont de Nemours by 2.0% in the fourth quarter. Triangle Securities Wealth Management now owns 20,269 shares of the basic materials company’s stock worth $1,637,000 after purchasing an additional 405 shares during the last quarter. Butensky & Cohen Financial Security Inc. increased its holdings in shares of DuPont de Nemours by 4.1% in the fourth quarter. Butensky & Cohen Financial Security Inc. now owns 43,884 shares of the basic materials company’s stock worth $3,545,000 after purchasing an additional 1,733 shares during the last quarter. First Fiduciary Investment Counsel Inc. increased its holdings in shares of DuPont de Nemours by 3.0% in the fourth quarter. First Fiduciary Investment Counsel Inc. now owns 128,874 shares of the basic materials company’s stock worth $10,410,000 after purchasing an additional 3,780 shares during the last quarter. Finally, Wedmont Private Capital bought a new stake in shares of DuPont de Nemours in the fourth quarter worth about $277,000. Institutional investors and hedge funds own 69.56% of the company’s stock.

Several equities research analysts have weighed in on the company. Zacks Investment Research cut DuPont de Nemours from a “buy” rating to a “hold” rating and set a $83.00 price objective for the company. in a report on Friday, November 5th. KeyCorp increased their target price on DuPont de Nemours from $93.00 to $95.00 and gave the stock an “overweight” rating in a research report on Monday, January 10th. UBS Group increased their target price on DuPont de Nemours from $98.00 to $102.00 and gave the stock a “buy” rating in a research report on Monday, December 20th. Royal Bank of Canada increased their target price on DuPont de Nemours from $94.00 to $96.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 3rd. Finally, Mizuho increased their target price on DuPont de Nemours from $94.00 to $96.00 and gave the stock a “buy” rating in a research report on Wednesday, November 3rd. Nine investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $92.05.

About DuPont de Nemours

DuPont de Nemours, Inc operates as a holding company, which engages in the development of specialty materials, chemicals, and agricultural products. It operates through the following segments: Electronics & Industrial; Water & Protection; and Mobility & Materials. The Electronics & Industrial segment supplies differentiated materials and systems for a broad range of consumer electronics including mobile devices, television monitors, personal computers and electronics used in a variety of industries.

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