Daymark Wealth Partners LLC Sells 559 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Daymark Wealth Partners LLC cut its stake in DuPont de Nemours, Inc. (NYSE:DD) by 8.9% during the fourth quarter, HoldingsChannel reports. The firm owned 5,726 shares of the basic materials company’s stock after selling 559 shares during the period. Daymark Wealth Partners LLC’s holdings in DuPont de Nemours were worth $437,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Albion Financial Group UT grew its stake in DuPont de Nemours by 119.3% in the 4th quarter. Albion Financial Group UT now owns 590 shares of the basic materials company’s stock worth $45,000 after acquiring an additional 321 shares in the last quarter. Global Trust Asset Management LLC grew its stake in DuPont de Nemours by 1.5% in the fourth quarter. Global Trust Asset Management LLC now owns 9,227 shares of the basic materials company’s stock worth $704,000 after purchasing an additional 133 shares in the last quarter. Missouri Trust & Investment Co grew its stake in DuPont de Nemours by 4.3% in the fourth quarter. Missouri Trust & Investment Co now owns 25,676 shares of the basic materials company’s stock worth $1,958,000 after purchasing an additional 1,058 shares in the last quarter. Simon Quick Advisors LLC purchased a new position in DuPont de Nemours during the 4th quarter worth $449,000. Finally, Roberts Wealth Advisors LLC increased its holdings in DuPont de Nemours by 1.3% during the 4th quarter. Roberts Wealth Advisors LLC now owns 38,126 shares of the basic materials company’s stock worth $2,907,000 after purchasing an additional 500 shares during the period. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

DD has been the topic of several research reports. Royal Bank of Canada raised their price target on DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Citigroup reduced their price target on shares of DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating for the company in a report on Wednesday, December 18th. StockNews.com raised shares of DuPont de Nemours from a “hold” rating to a “buy” rating in a research report on Tuesday. BMO Capital Markets dropped their price objective on shares of DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating on the stock in a research note on Thursday, January 16th. Finally, Barclays upped their target price on DuPont de Nemours from $84.00 to $85.00 and gave the stock an “underweight” rating in a report on Wednesday, November 6th. One 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. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $98.00.

DuPont de Nemours Stock Performance

Shares of DD opened at $78.17 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 market cap of $32.67 billion, a PE ratio of 41.14, a P/E/G ratio of 1.71 and a beta of 1.35. DuPont de Nemours, Inc. has a 12 month low of $61.14 and a 12 month high of $90.06. The stock has a fifty day moving average price of $79.11 and a 200-day moving average price of $81.36.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings results 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. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The company had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.20 billion. During the same period last year, the business posted $0.92 earnings per share. The firm’s revenue was up 4.4% compared to the same quarter last year. Equities research analysts predict 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.