DuPont de Nemours, Inc. (NYSE:DD) Shares Acquired by St. Johns Investment Management Company LLC

St. Johns Investment Management Company LLC lifted its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 2.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,541 shares of the basic materials company’s stock after purchasing an additional 281 shares during the period. St. Johns Investment Management Company LLC’s holdings in DuPont de Nemours were worth $804,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL purchased a new position in DuPont de Nemours in the 2nd quarter valued at approximately $27,000. Quarry LP acquired a new stake in shares of DuPont de Nemours in the second quarter valued at $37,000. Ashton Thomas Securities LLC purchased a new position in DuPont de Nemours in the third quarter valued at $38,000. FSA Wealth Management LLC acquired a new position in DuPont de Nemours during the 3rd quarter worth $39,000. Finally, True Wealth Design LLC increased its holdings in DuPont de Nemours by 2,378.9% during 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 period. 73.96% of the stock is owned by hedge funds and other institutional investors.

DuPont de Nemours Price Performance

DuPont de Nemours stock opened at $78.17 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 2.28. DuPont de Nemours, Inc. has a one year low of $61.14 and a one year high of $90.06. The company has a market cap of $32.67 billion, a P/E ratio of 41.14, a price-to-earnings-growth ratio of 1.70 and a beta of 1.35. The business has a fifty day moving average of $79.11 and a two-hundred day moving average of $81.36.

DuPont de Nemours (NYSE:DD) last issued 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 for the quarter, compared to analyst estimates of $3.20 billion. During the same period in the prior year, the business posted $0.92 earnings per share. The firm’s revenue for the quarter was up 4.4% compared to the same quarter last year. As a group, analysts predict that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Wells Fargo & Company raised their target price 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. BMO Capital Markets dropped their target price on shares of DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating on the stock in a research report on Thursday, January 16th. StockNews.com raised shares of DuPont de Nemours from a “hold” rating to a “buy” rating in a research report on Tuesday. Wolfe Research raised DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price objective on the stock in a report on Friday, January 17th. Finally, Royal Bank of Canada boosted their target price on DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $98.00.

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.