Cadinha & Co. LLC Has $256,000 Stock Position in DuPont de Nemours, Inc. (NYSE:DD)

Cadinha & Co. LLC lowered its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 29.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,354 shares of the basic materials company’s stock after selling 1,400 shares during the period. Cadinha & Co. LLC’s holdings in DuPont de Nemours were worth $256,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. American Century Companies Inc. grew its holdings in DuPont de Nemours by 26.7% during the second quarter. American Century Companies Inc. now owns 96,073 shares of the basic materials company’s stock worth $7,733,000 after purchasing an additional 20,266 shares during the period. Mercer Global Advisors Inc. ADV lifted its position in shares of DuPont de Nemours by 4.2% in the second quarter. Mercer Global Advisors Inc. ADV now owns 56,662 shares of the basic materials company’s stock valued at $4,553,000 after buying an additional 2,276 shares during the last quarter. Intech Investment Management LLC increased its holdings in shares of DuPont de Nemours by 47.7% during the 2nd quarter. Intech Investment Management LLC now owns 31,693 shares of the basic materials company’s stock worth $2,551,000 after acquiring an additional 10,232 shares during the last quarter. Brighton Jones LLC raised its stake in DuPont de Nemours by 7.6% in the 2nd quarter. Brighton Jones LLC now owns 4,381 shares of the basic materials company’s stock valued at $353,000 after acquiring an additional 309 shares during the period. Finally, Sei Investments Co. lifted its holdings in DuPont de Nemours by 11.3% during the 2nd quarter. Sei Investments Co. now owns 370,915 shares of the basic materials company’s stock valued at $29,852,000 after purchasing an additional 37,618 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Stock Up 1.1 %

DD stock opened at $77.50 on Friday. The company has a market cap of $32.39 billion, a PE ratio of 40.79, a price-to-earnings-growth ratio of 1.53 and a beta of 1.35. 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, Inc. has a 52 week low of $61.14 and a 52 week high of $90.06. The business has a 50-day simple moving average of $79.53 and a 200 day simple moving average of $81.41.

DuPont de Nemours (NYSE:DD) last issued its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 EPS for the quarter, beating the consensus estimate of $1.03 by $0.15. The company had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.20 billion. DuPont de Nemours had a net margin of 6.35% and a return on equity of 6.64%. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.92 EPS. Sell-side analysts anticipate that DuPont de Nemours, Inc. will post 3.91 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have commented on DD. Morgan Stanley upped their price objective on shares of DuPont de Nemours from $88.00 to $94.00 and gave the company an “equal weight” rating in a report on Monday, October 21st. Wells Fargo & Company increased their price target 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. Barclays raised their price objective on shares of DuPont de Nemours from $84.00 to $85.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 6th. Citigroup lowered their target price on DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating on the stock in a research note on Wednesday, December 18th. Finally, StockNews.com downgraded DuPont de Nemours from a “buy” rating to a “hold” rating in a research note on Monday, January 13th. One analyst has rated the stock with a sell rating, two have issued a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $98.00.

DuPont de Nemours 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.