Choreo LLC Buys 8,205 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Choreo LLC grew its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 23.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 43,307 shares of the basic materials company’s stock after buying an additional 8,205 shares during the period. Choreo LLC’s holdings in DuPont de Nemours were worth $3,296,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of DD. Czech National Bank boosted its holdings in shares of DuPont de Nemours by 6.7% during the 3rd quarter. Czech National Bank now owns 85,048 shares of the basic materials company’s stock valued at $7,579,000 after buying an additional 5,374 shares in the last quarter. Atomi Financial Group Inc. raised its position in shares of DuPont de Nemours by 5.5% in the 3rd quarter. Atomi Financial Group Inc. now owns 11,295 shares of the basic materials company’s stock worth $1,007,000 after purchasing an additional 591 shares during the last quarter. Brookstone Capital Management raised its position in shares of DuPont de Nemours by 7.4% in the 3rd quarter. Brookstone Capital Management now owns 89,292 shares of the basic materials company’s stock worth $7,957,000 after purchasing an additional 6,122 shares during the last quarter. Strategic Wealth Partners Ltd. raised its position in shares of DuPont de Nemours by 7.6% in the 3rd quarter. Strategic Wealth Partners Ltd. now owns 3,356 shares of the basic materials company’s stock worth $299,000 after purchasing an additional 236 shares during the last quarter. Finally, CWM LLC raised its position in shares of DuPont de Nemours by 37.2% in the 3rd quarter. CWM LLC now owns 30,967 shares of the basic materials company’s stock worth $2,759,000 after purchasing an additional 8,394 shares during the last quarter. Institutional investors own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Wells Fargo & Company lifted their price target on DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 6th. BMO Capital Markets lowered their price target on DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating for the company in a research report on Thursday, January 16th. Barclays lifted their price target on DuPont de Nemours from $84.00 to $85.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 6th. Royal Bank of Canada lifted their price target on DuPont de Nemours from $102.00 to $104.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Finally, Citigroup decreased their target price on DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating for the company in a research report on Wednesday, December 18th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $98.00.

DuPont de Nemours Trading Up 0.4 %

DuPont de Nemours stock opened at $77.44 on Friday. The business has a 50-day simple moving average of $77.88 and a two-hundred day simple moving average of $81.11. The company has a market cap of $32.36 billion, a P/E ratio of 40.76, a P/E/G ratio of 1.68 and a beta of 1.34. DuPont de Nemours, Inc. has a 52-week low of $65.74 and a 52-week high of $90.06. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.15. The business had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.20 billion. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The business’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.92 EPS. 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.