SYM FINANCIAL Corp Raises Position in DuPont de Nemours, Inc. $DD

SYM FINANCIAL Corp boosted its stake in DuPont de Nemours, Inc. (NYSE:DD) by 62.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,460 shares of the basic materials company’s stock after buying an additional 1,722 shares during the quarter. SYM FINANCIAL Corp’s holdings in DuPont de Nemours were worth $306,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. AdvisorNet Financial Inc lifted its stake in DuPont de Nemours by 3.0% in the 2nd quarter. AdvisorNet Financial Inc now owns 4,641 shares of the basic materials company’s stock valued at $318,000 after buying an additional 134 shares in the last quarter. Sagespring Wealth Partners LLC lifted its stake in DuPont de Nemours by 3.9% in the 2nd quarter. Sagespring Wealth Partners LLC now owns 3,729 shares of the basic materials company’s stock valued at $256,000 after buying an additional 140 shares in the last quarter. Princeton Global Asset Management LLC lifted its stake in DuPont de Nemours by 64.4% in the 2nd quarter. Princeton Global Asset Management LLC now owns 365 shares of the basic materials company’s stock valued at $25,000 after buying an additional 143 shares in the last quarter. Summit Financial LLC lifted its stake in DuPont de Nemours by 3.7% in the 1st quarter. Summit Financial LLC now owns 4,077 shares of the basic materials company’s stock worth $304,000 after purchasing an additional 146 shares in the last quarter. Finally, NORTHSTAR ASSET MANAGEMENT Co lifted its stake in DuPont de Nemours by 3.8% in the 2nd quarter. NORTHSTAR ASSET MANAGEMENT Co now owns 4,090 shares of the basic materials company’s stock worth $281,000 after purchasing an additional 150 shares in the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of DuPont de Nemours in a research note on Wednesday, October 8th. Mizuho raised their target price on shares of DuPont de Nemours from $80.00 to $85.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 15th. Citigroup raised their target price on shares of DuPont de Nemours from $85.00 to $93.00 in a research note on Friday, September 19th. Royal Bank Of Canada raised their target price on shares of DuPont de Nemours from $94.00 to $100.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. Finally, Wolfe Research decreased their target price on shares of DuPont de Nemours from $89.00 to $87.00 and set an “outperform” rating on the stock in a research note on Friday. Nine analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $89.42.

DuPont de Nemours Stock Up 0.5%

DuPont de Nemours stock opened at $81.45 on Tuesday. DuPont de Nemours, Inc. has a fifty-two week low of $53.77 and a fifty-two week high of $87.80. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 1.41. The firm has a 50 day moving average price of $77.69 and a 200 day moving average price of $72.09. The company has a market capitalization of $34.10 billion, a PE ratio of -173.29, a price-to-earnings-growth ratio of 2.45 and a beta of 1.08.

DuPont de Nemours (NYSE:DD) last posted its earnings results on Monday, July 11th. The basic materials company reported $0.69 earnings per share for the quarter. DuPont de Nemours had a negative net margin of 1.54% and a positive return on equity of 7.85%. The firm had revenue of $3.02 billion during the quarter. Research analysts expect that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

Insider Activity at DuPont de Nemours

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the business’s stock in a transaction on 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 transaction, the senior vice president owned 38,585 shares in the company, valued at $2,977,604.45. The trade was a 52.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders have sold a total of 74,208 shares of company stock valued at $5,714,861 in the last three months. Insiders own 0.61% of the company’s stock.

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.