Avestar Capital LLC Has $263,000 Stock Position in DuPont de Nemours, Inc. (NYSE:DD)

Avestar Capital LLC increased its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 22.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,455 shares of the basic materials company’s stock after purchasing an additional 632 shares during the period. Avestar Capital LLC’s holdings in DuPont de Nemours were worth $263,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Fortitude Family Office LLC grew its stake in DuPont de Nemours by 32.0% in the third quarter. Fortitude Family Office LLC now owns 544 shares of the basic materials company’s stock valued at $48,000 after acquiring an additional 132 shares during the period. Global Trust Asset Management LLC grew its stake in DuPont de Nemours by 1.5% in the fourth quarter. Global Trust Asset Management LLC now owns 9,227 shares of the basic materials company’s stock valued at $704,000 after acquiring an additional 133 shares during the period. Avior Wealth Management LLC grew its stake in DuPont de Nemours by 22.7% in the fourth quarter. Avior Wealth Management LLC now owns 741 shares of the basic materials company’s stock valued at $57,000 after acquiring an additional 137 shares during the period. Focus Financial Network Inc. grew its stake in DuPont de Nemours by 3.7% in the third quarter. Focus Financial Network Inc. now owns 3,973 shares of the basic materials company’s stock valued at $354,000 after acquiring an additional 143 shares during the period. Finally, Busey Bank grew its stake in DuPont de Nemours by 4.7% in the third quarter. Busey Bank now owns 3,243 shares of the basic materials company’s stock valued at $289,000 after acquiring an additional 145 shares during the period. Institutional investors and hedge funds own 73.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on DD. JPMorgan Chase & Co. cut their target price on 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. StockNews.com cut DuPont de Nemours from a “buy” rating to a “hold” rating in a research report on Wednesday. BMO Capital Markets lifted their target price on DuPont de Nemours from $105.00 to $112.00 and gave the company an “outperform” rating in a research report on Thursday. Barclays raised DuPont de Nemours from an “underweight” rating to an “equal weight” rating and lifted their target price for the company from $85.00 to $89.00 in a research report on Thursday. Finally, Wells Fargo & Company cut their target price on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating on the stock in a research report on Wednesday. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, DuPont de Nemours presently has a consensus rating of “Moderate Buy” and an average price target of $98.75.

DuPont de Nemours Stock Performance

Shares of DD opened at $83.31 on Friday. The firm has a market cap of $34.82 billion, a PE ratio of 43.85, a PEG ratio of 1.70 and a beta of 1.34. The stock’s fifty day moving average price is $77.59 and its two-hundred day moving average price is $81.12. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.28 and a quick ratio of 1.49. DuPont de Nemours, Inc. has a 1 year low of $67.70 and a 1 year high of $90.06.

DuPont de Nemours (NYSE:DD) last issued its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, beating 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 research analysts forecast that DuPont de Nemours, Inc. will post 3.91 EPS for the current year.

DuPont de Nemours Company 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.