21,136 Shares in DuPont de Nemours, Inc. (NYSE:DD) Bought by Entropy Technologies LP

Entropy Technologies LP bought a new stake in DuPont de Nemours, Inc. (NYSE:DD) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 21,136 shares of the basic materials company’s stock, valued at approximately $1,612,000.

A number of other large investors have also added to or reduced their stakes in the company. Assenagon Asset Management S.A. grew its stake in DuPont de Nemours by 431.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,058,446 shares of the basic materials company’s stock worth $80,707,000 after buying an additional 859,333 shares during the last quarter. Franklin Resources Inc. boosted its holdings in DuPont de Nemours by 9.8% in the third quarter. Franklin Resources Inc. now owns 6,410,485 shares of the basic materials company’s stock worth $556,751,000 after acquiring an additional 570,703 shares in the last quarter. Zacks Investment Management purchased a new stake in shares of DuPont de Nemours during the third quarter worth about $42,810,000. Two Sigma Advisers LP increased its holdings in shares of DuPont de Nemours by 48.3% during the third quarter. Two Sigma Advisers LP now owns 1,415,900 shares of the basic materials company’s stock valued at $126,171,000 after acquiring an additional 461,400 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its position in shares of DuPont de Nemours by 164.9% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 718,019 shares of the basic materials company’s stock valued at $63,983,000 after purchasing an additional 446,948 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors.

DuPont de Nemours Price Performance

Shares of NYSE DD opened at $75.76 on Monday. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.28 and a quick ratio of 1.49. The stock has a market capitalization of $31.66 billion, a price-to-earnings ratio of 39.87, a PEG ratio of 1.70 and a beta of 1.34. The firm’s 50 day simple moving average is $77.72 and its 200-day simple moving average is $81.09. DuPont de Nemours, Inc. has a 12 month low of $65.93 and a 12 month high of $90.06.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on DD shares. JPMorgan Chase & Co. cut their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 15th. BMO Capital Markets cut their target price on 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. Wolfe Research raised DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price target for the company in a research report on Friday, January 17th. StockNews.com raised DuPont de Nemours from a “hold” rating to a “buy” rating in a report on Tuesday, January 21st. Finally, Morgan Stanley lifted their target price on DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a report on Monday, October 21st. One research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, DuPont de Nemours currently has an average rating of “Moderate Buy” and a consensus target price of $98.00.

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.