Primecap Management Co. CA significantly reduced its stake in DuPont de Nemours, Inc. (NYSE:DD) by 8.0% during the third quarter, selling 177,765 shares. Despite this, other institutional investors increased their holdings, and the company announced a share buyback program and a quarterly dividend. Analysts maintain a “Moderate Buy” rating for DuPont de Nemours with a consensus target price of $51.86.
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Primecap Management Co. CA Sells 177,765 Shares of DuPont de Nemours, Inc. $DD
Primecap Management Co. CA significantly reduced its stake in DuPont de Nemours, Inc. (NYSE:DD) by 8.0% during the third quarter, selling 177,765 shares. Despite this, other institutional investors increased their holdings, and the company announced a share buyback program and a quarterly dividend. Analysts maintain a “Moderate Buy” rating for DuPont de Nemours with a consensus target price of $51.86.