Strategic Blueprint LLC Makes New $580,000 Investment in DuPont de Nemours, Inc. (NYSE:DD)

Strategic Blueprint LLC acquired a new stake in shares of DuPont de Nemours, Inc. (NYSE:DD) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 7,609 shares of the basic materials company’s stock, valued at approximately $580,000.

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on DD shares. Wells Fargo & Company lifted their price objective on DuPont de Nemours from $105.00 to $107.00 and gave the company an “overweight” rating in a research note on Wednesday, November 6th. BMO Capital Markets decreased their price objective on shares of DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating for the company in a research note on Thursday, January 16th. Citigroup cut their target price on shares of DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating on the stock in a research note on Wednesday, December 18th. JPMorgan Chase & Co. decreased their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research report on Wednesday, January 15th. Finally, 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 note on Friday, January 17th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have given a buy rating to the company. According to MarketBeat, DuPont de Nemours currently has an average rating of “Moderate Buy” and an average price target of $98.00.

DuPont de Nemours Stock Up 0.2 %

DD stock opened at $76.81 on Friday. The company has a current ratio of 2.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.29. The firm has a 50 day simple moving average of $78.45 and a 200-day simple moving average of $81.22. The company has a market capitalization of $32.10 billion, a P/E ratio of 40.43, a PEG ratio of 1.67 and a beta of 1.35. DuPont de Nemours, Inc. has a twelve month low of $61.14 and a twelve month high of $90.06.

DuPont de Nemours (NYSE:DD) last released its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.15. DuPont de Nemours had a net margin of 6.35% and a return on equity of 6.64%. The company 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 firm earned $0.92 EPS. The company’s revenue was up 4.4% on a year-over-year basis. On average, equities research analysts predict that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current fiscal 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.