DuPont de Nemours, Inc. (NYSE:DD) Stock Holdings Trimmed by AdvisorNet Financial Inc

AdvisorNet Financial Inc lowered its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 9.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,628 shares of the basic materials company’s stock after selling 506 shares during the quarter. AdvisorNet Financial Inc’s holdings in DuPont de Nemours were worth $353,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Jennison Associates LLC boosted its holdings in shares of DuPont de Nemours by 2.0% in the 3rd quarter. Jennison Associates LLC now owns 491,028 shares of the basic materials company’s stock valued at $43,756,000 after buying an additional 9,730 shares during the period. Appian Way Asset Management LP acquired a new position in DuPont de Nemours in the second quarter valued at approximately $2,978,000. Principal Financial Group Inc. grew its holdings in shares of DuPont de Nemours by 4.6% during the third quarter. Principal Financial Group Inc. now owns 490,704 shares of the basic materials company’s stock valued at $43,727,000 after purchasing an additional 21,435 shares during the last quarter. Oppenheimer & Co. Inc. raised its position in shares of DuPont de Nemours by 38.4% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 36,082 shares of the basic materials company’s stock worth $3,215,000 after purchasing an additional 10,012 shares during the period. Finally, Fiduciary Alliance LLC bought a new stake in shares of DuPont de Nemours in the 4th quarter worth approximately $249,000. Institutional investors own 73.96% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on DD shares. Citigroup lowered their price objective on DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating for the company in a research note on Wednesday, December 18th. Royal Bank of Canada lifted their price objective on shares of DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. StockNews.com cut shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a research report on Monday. JPMorgan Chase & Co. cut their price target on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a report on Wednesday. Finally, Wells Fargo & Company increased their price objective on DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, DuPont de Nemours currently has an average rating of “Moderate Buy” and an average price target of $98.64.

DuPont de Nemours Stock Up 0.5 %

Shares of DD stock opened at $76.64 on Friday. DuPont de Nemours, Inc. has a 1 year low of $61.14 and a 1 year high of $90.06. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 2.28. The business’s fifty day moving average is $79.86 and its 200-day moving average is $81.44. The stock has a market cap of $32.03 billion, a PE ratio of 40.34, a price-to-earnings-growth ratio of 1.53 and a beta of 1.35.

DuPont de Nemours (NYSE:DD) last released its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.15. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The firm had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.20 billion. During the same period in the previous year, the company earned $0.92 earnings per share. DuPont de Nemours’s revenue was up 4.4% compared to the same quarter last year. Equities analysts expect that DuPont de Nemours, Inc. will post 3.91 earnings per share 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.