Compass Wealth Management LLC lessened its holdings in DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 10.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,095 shares of the basic materials company’s stock after selling 356 shares during the period. Compass Wealth Management LLC’s holdings in DuPont de Nemours were worth $236,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Evergreen Capital Management LLC raised its stake in DuPont de Nemours by 7.7% during the second quarter. Evergreen Capital Management LLC now owns 4,127 shares of the basic materials company’s stock worth $332,000 after acquiring an additional 296 shares in the last quarter. Marshall Wace LLP grew its holdings in shares of DuPont de Nemours by 17.0% in the 2nd quarter. Marshall Wace LLP now owns 112,356 shares of the basic materials company’s stock worth $9,044,000 after purchasing an additional 16,288 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position in shares of DuPont de Nemours by 56.0% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 80,086 shares of the basic materials company’s stock worth $6,446,000 after purchasing an additional 28,741 shares in the last quarter. AXA S.A. boosted its position in DuPont de Nemours by 643.4% in the second quarter. AXA S.A. now owns 160,602 shares of the basic materials company’s stock valued at $12,927,000 after buying an additional 138,998 shares in the last quarter. Finally, AQR Capital Management LLC grew its stake in DuPont de Nemours by 296.9% during the second quarter. AQR Capital Management LLC now owns 254,423 shares of the basic materials company’s stock worth $20,369,000 after buying an additional 190,327 shares during the last quarter. Institutional investors own 73.96% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on DD. StockNews.com raised DuPont de Nemours from a “hold” rating to a “buy” rating in a report on Tuesday. Citigroup lowered their target price on DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating for the company in a research note on Wednesday, December 18th. Wolfe Research upgraded shares of DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price target on the stock in a research report on Friday, January 17th. Royal Bank of Canada raised their price objective on shares of DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Finally, Wells Fargo & Company upped their target price on shares of DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, one has given a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, DuPont de Nemours presently has an average rating of “Moderate Buy” and an average price target of $98.00.
DuPont de Nemours Stock Down 1.2 %
Shares of DuPont de Nemours stock opened at $77.28 on Friday. DuPont de Nemours, Inc. has a 12 month low of $61.14 and a 12 month high of $90.06. The business has a fifty day simple moving average of $79.02 and a 200 day simple moving average of $81.34. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29. The stock has a market cap of $32.30 billion, a PE ratio of 40.67, a price-to-earnings-growth ratio of 1.70 and a beta of 1.35.
DuPont de Nemours (NYSE:DD – Get Free Report) last announced 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 in the prior year, the business posted $0.92 EPS. DuPont de Nemours’s revenue was up 4.4% on a year-over-year basis. Research analysts predict that DuPont de Nemours, Inc. will post 3.91 EPS for the current 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.
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