Northern Financial Advisors Inc Sells 1,795 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Northern Financial Advisors Inc cut its stake in DuPont de Nemours, Inc. (NYSE:DD) by 12.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,367 shares of the basic materials company’s stock after selling 1,795 shares during the quarter. Northern Financial Advisors Inc’s holdings in DuPont de Nemours were worth $943,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in DD. Bogart Wealth LLC boosted its holdings in DuPont de Nemours by 51.6% in the fourth quarter. Bogart Wealth LLC now owns 1,739 shares of the basic materials company’s stock worth $133,000 after purchasing an additional 592 shares during the last quarter. Asset Management One Co. Ltd. increased its position in DuPont de Nemours by 1.0% during the fourth quarter. Asset Management One Co. Ltd. now owns 164,037 shares of the basic materials company’s stock valued at $12,570,000 after acquiring an additional 1,581 shares during the last quarter. Aljian Capital Management LLC lifted its stake in shares of DuPont de Nemours by 11.2% in the 4th quarter. Aljian Capital Management LLC now owns 8,089 shares of the basic materials company’s stock worth $617,000 after purchasing an additional 814 shares during the period. Avestar Capital LLC raised its holdings in DuPont de Nemours by 22.4% in the 4th quarter. Avestar Capital LLC now owns 3,455 shares of the basic materials company’s stock worth $263,000 after purchasing an additional 632 shares during the period. Finally, Van ECK Associates Corp lifted its holdings in DuPont de Nemours by 29.2% during the fourth quarter. Van ECK Associates Corp now owns 81,514 shares of the basic materials company’s stock valued at $6,215,000 after purchasing an additional 18,401 shares in the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Wolfe Research raised shares of DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 target price for the company in a research note on Friday, January 17th. Morgan Stanley increased 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 research report on Monday, October 21st. Citigroup boosted their target price on shares of DuPont de Nemours from $88.00 to $95.00 and gave the stock a “buy” rating in a report on Thursday. JPMorgan Chase & Co. decreased their target price on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 15th. Finally, Wells Fargo & Company dropped their price target on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating for the company in a research report on Wednesday. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $98.75.

DuPont de Nemours Stock Up 3.0 %

Shares of NYSE:DD opened at $84.20 on Friday. DuPont de Nemours, Inc. has a 1 year low of $66.60 and a 1 year high of $90.06. 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 firm has a market capitalization of $35.19 billion, a PE ratio of 44.31, a price-to-earnings-growth ratio of 1.70 and a beta of 1.34. The business has a 50 day simple moving average of $77.58 and a two-hundred day simple moving average of $81.11.

DuPont de Nemours (NYSE:DD) last released its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. On average, equities analysts predict that DuPont de Nemours, Inc. will post 3.91 EPS for the current year.

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.