DuPont de Nemours, Inc. (NYSE:DD) Holdings Cut by Hartford Investment Management Co.

Hartford Investment Management Co. cut its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 1.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,824 shares of the basic materials company’s stock after selling 499 shares during the quarter. Hartford Investment Management Co.’s holdings in DuPont de Nemours were worth $1,969,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in DD. Ritholtz Wealth Management acquired a new stake in DuPont de Nemours in the third quarter worth $227,000. Exchange Traded Concepts LLC grew its position in shares of DuPont de Nemours by 793.2% during the third quarter. Exchange Traded Concepts LLC now owns 1,045 shares of the basic materials company’s stock worth $93,000 after acquiring an additional 928 shares during the last quarter. Creative Planning increased its holdings in shares of DuPont de Nemours by 1.1% in the 3rd quarter. Creative Planning now owns 105,327 shares of the basic materials company’s stock worth $9,386,000 after acquiring an additional 1,161 shares during the period. SeaCrest Wealth Management LLC lifted its position in DuPont de Nemours by 7.1% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 9,512 shares of the basic materials company’s stock valued at $848,000 after purchasing an additional 632 shares during the last quarter. Finally, Sumitomo Life Insurance Co. boosted its stake in DuPont de Nemours by 2.8% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 14,109 shares of the basic materials company’s stock valued at $1,257,000 after purchasing an additional 385 shares during the period. 73.96% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DD has been the topic of several analyst reports. Barclays upgraded shares of DuPont de Nemours from an “underweight” rating to an “equal weight” rating and raised their price target for the company from $85.00 to $89.00 in a research note on Thursday. BMO Capital Markets lifted their target price on DuPont de Nemours from $105.00 to $112.00 and gave the company an “outperform” rating in a research note on Thursday. JPMorgan Chase & Co. decreased their price target on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research note on Wednesday, January 15th. StockNews.com cut shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a research note on Wednesday. Finally, Wolfe Research raised shares of DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price objective for the company in a report on Friday, January 17th. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $98.75.

DuPont de Nemours Price Performance

Shares of NYSE DD opened at $84.20 on Friday. The firm has a 50-day moving average of $77.58 and a two-hundred day moving average of $81.11. The company has a market capitalization of $35.19 billion, a price-to-earnings ratio of 44.31, a PEG ratio of 1.70 and a beta of 1.34. 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 twelve month low of $66.60 and a twelve month high of $90.06.

DuPont de Nemours (NYSE:DD) last released its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, beating the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a net margin of 6.35% and a return on equity of 6.64%. As a group, analysts expect that DuPont de Nemours, Inc. will post 3.91 earnings per share 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.