DuPont de Nemours, Inc. (NYSE:DD) Stock Position Raised by Legacy Trust

Legacy Trust grew its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 3.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 64,590 shares of the basic materials company’s stock after acquiring an additional 2,387 shares during the quarter. Legacy Trust’s holdings in DuPont de Nemours were worth $4,925,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL bought a new stake in shares of DuPont de Nemours during the 2nd quarter worth $27,000. Quarry LP purchased a new position in shares of DuPont de Nemours during the 2nd quarter valued at $37,000. R Squared Ltd acquired a new position in DuPont de Nemours in the fourth quarter worth approximately $37,000. Ashton Thomas Securities LLC acquired a new position in shares of DuPont de Nemours during the 3rd quarter worth $38,000. Finally, FSA Wealth Management LLC bought a new position in DuPont de Nemours during the third quarter valued at about $39,000. 73.96% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on DD shares. Morgan Stanley boosted their price objective 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. Royal Bank of Canada boosted their price objective on DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. BMO Capital Markets dropped their price target on shares of DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating for the company in a research report on Thursday, January 16th. Wolfe Research upgraded shares of DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 target price for the company in a research report on Friday, January 17th. Finally, Barclays raised their target price on DuPont de Nemours from $84.00 to $85.00 and gave the company an “underweight” rating in a research note on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $98.00.

DuPont de Nemours Trading Up 0.2 %

NYSE DD opened at $76.48 on Thursday. The business’s fifty day moving average is $78.71 and its 200 day moving average is $81.28. DuPont de Nemours, Inc. has a twelve month low of $61.14 and a twelve month high of $90.06. The company has a market cap of $31.97 billion, a price-to-earnings ratio of 40.25, a price-to-earnings-growth ratio of 1.70 and a beta of 1.35. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29.

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

DuPont de Nemours Company 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.