DuPont de Nemours, Inc. (NYSE:DD) Shares Purchased by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC grew its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 1,138.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,946 shares of the basic materials company’s stock after buying an additional 11,901 shares during the period. Exchange Traded Concepts LLC’s holdings in DuPont de Nemours were worth $987,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in DD. Strategic Investment Solutions Inc. IL purchased a new stake in DuPont de Nemours in the second quarter valued at $27,000. Ashton Thomas Securities LLC purchased a new stake in shares of DuPont de Nemours in the 3rd quarter valued at about $38,000. FSA Wealth Management LLC acquired a new stake in shares of DuPont de Nemours in the 3rd quarter valued at about $39,000. Quarry LP purchased a new position in DuPont de Nemours during the 2nd quarter worth approximately $37,000. Finally, True Wealth Design LLC increased its position in DuPont de Nemours by 2,378.9% during the third quarter. True Wealth Design LLC now owns 471 shares of the basic materials company’s stock worth $42,000 after buying an additional 452 shares during the period. 73.96% of the stock is owned by institutional investors and hedge funds.

DuPont de Nemours Stock Down 0.5 %

Shares of NYSE DD opened at $76.28 on Wednesday. The firm has a market cap of $31.88 billion, a P/E ratio of 40.15, a price-to-earnings-growth ratio of 1.70 and a beta of 1.35. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 2.28. DuPont de Nemours, Inc. has a 1 year low of $61.14 and a 1 year high of $90.06. The firm’s 50 day moving average price is $78.81 and its 200 day moving average price is $81.31.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings data on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.15. The business had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $3.20 billion. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The business’s revenue was up 4.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.92 earnings per share. As a group, sell-side analysts anticipate that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current year.

Analyst Ratings Changes

DD has been the topic of a number of research reports. Wolfe Research upgraded shares of DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 target price on the stock in a research report on Friday, January 17th. Royal Bank of Canada increased their price target on shares of DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Wells Fargo & Company upped their target price on shares of DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 6th. StockNews.com upgraded shares of DuPont de Nemours from a “hold” rating to a “buy” rating in a research report on Tuesday, January 21st. Finally, Barclays upped their price target on DuPont de Nemours from $84.00 to $85.00 and gave the stock an “underweight” rating in a report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, one has given a hold rating and eleven have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $98.00.

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.