UMB Bank n.a. Has $563,000 Position in DuPont de Nemours, Inc. (NYSE:DD)

UMB Bank n.a. raised its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 12.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,380 shares of the basic materials company’s stock after purchasing an additional 833 shares during the period. UMB Bank n.a.’s holdings in DuPont de Nemours were worth $563,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Strategic Investment Solutions Inc. IL acquired a new position in shares of DuPont de Nemours during the second quarter worth approximately $27,000. Ashton Thomas Securities LLC bought a new position in DuPont de Nemours during the third quarter worth $38,000. FSA Wealth Management LLC acquired a new position in DuPont de Nemours during the 3rd quarter valued at $39,000. Quarry LP bought a new stake in DuPont de Nemours in the 2nd quarter valued at $37,000. Finally, True Wealth Design LLC grew its position in DuPont de Nemours by 2,378.9% in the 3rd quarter. True Wealth Design LLC now owns 471 shares of the basic materials company’s stock worth $42,000 after purchasing an additional 452 shares during the last quarter. Institutional investors own 73.96% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. StockNews.com raised shares of DuPont de Nemours from a “hold” rating to a “buy” rating in a research report on Tuesday. Morgan Stanley raised their price objective on DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a research report on Monday, October 21st. Wolfe Research upgraded DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price objective on the stock in a research report on Friday, January 17th. Citigroup reduced their target price on DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating for the company in a research report on Wednesday, December 18th. Finally, Wells Fargo & Company boosted their price target on shares of DuPont de Nemours from $105.00 to $107.00 and gave the company an “overweight” rating in a report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $98.00.

DuPont de Nemours Stock Performance

NYSE:DD opened at $78.43 on Wednesday. The stock has a market capitalization of $32.78 billion, a P/E ratio of 41.28, a price-to-earnings-growth ratio of 1.69 and a beta of 1.35. The company has a current ratio of 2.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.29. DuPont de Nemours, Inc. has a 1 year low of $61.14 and a 1 year high of $90.06. The firm has a 50 day moving average of $79.33 and a 200-day moving average of $81.41.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings data on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.15. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The firm had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same quarter in the previous year, the company posted $0.92 EPS. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that DuPont de Nemours, Inc. will post 3.91 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.