Capital Advisors Inc. OK lifted its position in DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 4.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 6,163 shares of the basic materials company’s stock after acquiring an additional 265 shares during the quarter. Capital Advisors Inc. OK’s holdings in DuPont de Nemours were worth $470,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently added to or reduced their stakes in the company. Stonebridge Financial Group LLC purchased a new position in DuPont de Nemours during the fourth quarter worth approximately $60,000. Essex Financial Services Inc. raised its stake in shares of DuPont de Nemours by 47.1% during the 4th quarter. Essex Financial Services Inc. now owns 10,390 shares of the basic materials company’s stock worth $792,000 after buying an additional 3,328 shares during the period. Summit Trail Advisors LLC lifted its position in shares of DuPont de Nemours by 4.2% during the 4th quarter. Summit Trail Advisors LLC now owns 17,414 shares of the basic materials company’s stock valued at $1,328,000 after buying an additional 709 shares in the last quarter. Entropy Technologies LP purchased a new position in DuPont de Nemours during the fourth quarter valued at $1,612,000. Finally, Kingsview Wealth Management LLC increased its stake in shares of DuPont de Nemours by 12.8% during the fourth quarter. Kingsview Wealth Management LLC now owns 13,383 shares of the basic materials company’s stock worth $1,020,000 after purchasing an additional 1,515 shares in the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of brokerages recently weighed in on DD. StockNews.com lowered shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a research note on Wednesday. Citigroup decreased their target price on DuPont de Nemours from $92.00 to $88.00 in a research report on Monday. Morgan Stanley boosted their price target on DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a research report on Monday, October 21st. BMO Capital Markets decreased their price objective on DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating on the stock in a report on Thursday, January 16th. Finally, Wells Fargo & Company lowered their target price on shares of DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating on the stock in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, DuPont de Nemours presently has an average rating of “Moderate Buy” and a consensus price target of $97.25.
DuPont de Nemours Stock Up 0.4 %
NYSE DD opened at $81.78 on Thursday. The business’s fifty day simple moving average is $77.53 and its 200-day simple moving average is $81.09. 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 firm has a market cap of $34.18 billion, a PE ratio of 43.04, a P/E/G ratio of 1.70 and a beta of 1.34. DuPont de Nemours, Inc. has a 52 week low of $66.10 and a 52 week high of $90.06.
DuPont de Nemours (NYSE:DD – Get Free Report) last issued its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.15. DuPont de Nemours had a net margin of 6.35% and a return on equity of 6.64%. As a group, equities analysts anticipate that DuPont de Nemours, Inc. will post 3.91 earnings per share 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.
Featured Articles
- Five stocks we like better than DuPont de Nemours
- What is a Secondary Public Offering? What Investors Need to Know
- 3 Reasons Micron Stock Is Deeply Undervalued Right Now
- High Dividend REITs: Are They an Ideal Way to Diversify?
- Inflation Persists, But So Do Stock Opportunities: Rally On
- Using the MarketBeat Dividend Yield Calculator
- Energy Transfer Fuels the Cloud: A Natural Gas Power Play
Want to see what other hedge funds are holding DD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DuPont de Nemours, Inc. (NYSE:DD – Free Report).
Receive News & Ratings for DuPont de Nemours Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DuPont de Nemours and related companies with MarketBeat.com's FREE daily email newsletter.