74,155 Shares in DuPont de Nemours, Inc. (NYSE:DD) Bought by Americana Partners LLC

Americana Partners LLC acquired a new position in shares of DuPont de Nemours, Inc. (NYSE:DD) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 74,155 shares of the basic materials company’s stock, valued at approximately $5,654,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Exchange Traded Concepts LLC raised its position in DuPont de Nemours by 793.2% in the third quarter. Exchange Traded Concepts LLC now owns 1,045 shares of the basic materials company’s stock valued at $93,000 after purchasing an additional 928 shares during the last quarter. Creative Planning raised its position in DuPont de Nemours by 1.1% in the third quarter. Creative Planning now owns 105,327 shares of the basic materials company’s stock valued at $9,386,000 after purchasing an additional 1,161 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in DuPont de Nemours by 2.9% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 59,261 shares of the basic materials company’s stock valued at $5,281,000 after purchasing an additional 1,656 shares during the last quarter. V Square Quantitative Management LLC raised its position in DuPont de Nemours by 23.1% in the third quarter. V Square Quantitative Management LLC now owns 5,363 shares of the basic materials company’s stock valued at $478,000 after purchasing an additional 1,008 shares during the last quarter. Finally, Stratos Wealth Advisors LLC bought a new position in DuPont de Nemours in the third quarter valued at about $248,000. 73.96% of the stock is currently owned by institutional investors.

DuPont de Nemours Trading Down 0.9 %

NYSE DD opened at $83.31 on Monday. The business has a 50 day simple moving average of $77.59 and a 200 day simple moving average of $81.11. DuPont de Nemours, Inc. has a one year low of $67.70 and a one year high of $90.06. The stock has a market capitalization of $34.82 billion, a P/E ratio of 43.85, a P/E/G ratio of 1.70 and a beta of 1.34. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.28 and a quick ratio of 1.49.

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, topping the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. Research analysts expect that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. BMO Capital Markets increased their target price on DuPont de Nemours from $105.00 to $112.00 and gave the company an “outperform” rating in a research report on Thursday. Citigroup increased their target price on DuPont de Nemours from $88.00 to $95.00 and gave the company a “buy” rating in a research report on Thursday. Wells Fargo & Company lowered their price objective on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating for the company in a research report on Wednesday, February 12th. Royal Bank of Canada lowered their price objective on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research report on Monday, February 10th. Finally, StockNews.com downgraded DuPont de Nemours from a “buy” rating to a “hold” rating in a research report on Wednesday, February 12th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $98.75.

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.