Mitchell Mcleod Pugh & Williams Inc. Sells 335 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Mitchell Mcleod Pugh & Williams Inc. lessened its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 7.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,449 shares of the basic materials company’s stock after selling 335 shares during the period. Mitchell Mcleod Pugh & Williams Inc.’s holdings in DuPont de Nemours were worth $339,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of DD. Jennison Associates LLC boosted its position in DuPont de Nemours by 2.0% during the third quarter. Jennison Associates LLC now owns 491,028 shares of the basic materials company’s stock valued at $43,756,000 after buying an additional 9,730 shares during the period. Appian Way Asset Management LP purchased a new stake in DuPont de Nemours during the 2nd quarter valued at about $2,978,000. Principal Financial Group Inc. grew its position in DuPont de Nemours by 4.6% during the 3rd quarter. Principal Financial Group Inc. now owns 490,704 shares of the basic materials company’s stock worth $43,727,000 after acquiring an additional 21,435 shares during the last quarter. Oppenheimer & Co. Inc. increased its stake in DuPont de Nemours by 38.4% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 36,082 shares of the basic materials company’s stock worth $3,215,000 after purchasing an additional 10,012 shares during the period. Finally, Fiduciary Alliance LLC bought a new stake in DuPont de Nemours in the fourth quarter valued at approximately $249,000. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on DD shares. Morgan Stanley lifted their target price on shares of DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a research note on Monday, October 21st. StockNews.com upgraded shares of DuPont de Nemours from a “hold” rating to a “buy” rating in a research report on Tuesday. BMO Capital Markets dropped their price objective on DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating for the company in a report on Thursday, January 16th. JPMorgan Chase & Co. reduced their target price on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 15th. Finally, Barclays raised their price target on DuPont de Nemours from $84.00 to $85.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 6th. One analyst has rated the stock with a sell rating, one has given a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, DuPont de Nemours currently has an average rating of “Moderate Buy” and a consensus price target of $98.00.

DuPont de Nemours Stock Up 1.1 %

Shares of DuPont de Nemours stock opened at $77.50 on Tuesday. DuPont de Nemours, Inc. has a twelve month low of $61.14 and a twelve month high of $90.06. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29. The company’s 50 day moving average is $79.41 and its 200 day moving average is $81.41. The company has a market cap of $32.39 billion, a price-to-earnings ratio of 40.79, a price-to-earnings-growth ratio of 1.53 and a beta of 1.35.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.15. The firm had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $3.20 billion. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The company’s revenue was up 4.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.92 EPS. Research analysts anticipate that DuPont de Nemours, Inc. will post 3.91 EPS for the current 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.