Everhart Financial Group Inc. Acquires 393 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Everhart Financial Group Inc. boosted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 5.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,338 shares of the basic materials company’s stock after purchasing an additional 393 shares during the quarter. Everhart Financial Group Inc.’s holdings in DuPont de Nemours were worth $560,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in DD. Exchange Traded Concepts LLC lifted its position in shares of DuPont de Nemours by 793.2% in the 3rd quarter. Exchange Traded Concepts LLC now owns 1,045 shares of the basic materials company’s stock worth $93,000 after acquiring an additional 928 shares during the period. Creative Planning lifted its position in shares of DuPont de Nemours by 1.1% in the 3rd quarter. Creative Planning now owns 105,327 shares of the basic materials company’s stock worth $9,386,000 after acquiring an additional 1,161 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of DuPont de Nemours by 2.9% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 59,261 shares of the basic materials company’s stock worth $5,281,000 after acquiring an additional 1,656 shares during the period. V Square Quantitative Management LLC lifted its position in shares of DuPont de Nemours by 23.1% in the 3rd quarter. V Square Quantitative Management LLC now owns 5,363 shares of the basic materials company’s stock worth $478,000 after acquiring an additional 1,008 shares during the period. Finally, Stratos Wealth Advisors LLC bought a new stake in shares of DuPont de Nemours in the 3rd quarter worth approximately $248,000. Institutional investors own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

DD has been the subject of a number of research reports. Morgan Stanley raised their price objective 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. StockNews.com downgraded DuPont de Nemours from a “buy” rating to a “hold” rating in a research report on Wednesday, February 12th. Royal Bank of Canada dropped their target price on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a report on Monday, February 10th. Citigroup increased their target price on DuPont de Nemours from $88.00 to $95.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Wolfe Research raised DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 target price for the company in a report on Friday, January 17th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $98.75.

DuPont de Nemours Trading Down 0.9 %

DD stock opened at $83.31 on Monday. The business has a fifty day moving average price of $77.59 and a 200 day moving average price of $81.11. DuPont de Nemours, Inc. has a fifty-two week low of $67.70 and a fifty-two week high of $90.06. The stock has a market capitalization of $34.82 billion, a price-to-earnings ratio of 43.85, a P/E/G ratio of 1.70 and a beta of 1.34. 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 (NYSE:DD) last released its quarterly earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.15. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. Analysts expect that DuPont de Nemours, Inc. will post 3.91 EPS for the current fiscal 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.