DuPont de Nemours, Inc. (NYSE:DD) Shares Bought by Butensky & Cohen Financial Security Inc.

Butensky & Cohen Financial Security Inc. lifted its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 0.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 58,094 shares of the basic materials company’s stock after purchasing an additional 302 shares during the quarter. DuPont de Nemours comprises 1.4% of Butensky & Cohen Financial Security Inc.’s portfolio, making the stock its 28th largest position. Butensky & Cohen Financial Security Inc.’s holdings in DuPont de Nemours were worth $4,430,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. American Century Companies Inc. increased its position in DuPont de Nemours by 26.7% in the second quarter. American Century Companies Inc. now owns 96,073 shares of the basic materials company’s stock worth $7,733,000 after buying an additional 20,266 shares during the period. Mercer Global Advisors Inc. ADV grew its position in shares of DuPont de Nemours by 4.2% during the second quarter. Mercer Global Advisors Inc. ADV now owns 56,662 shares of the basic materials company’s stock worth $4,553,000 after acquiring an additional 2,276 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its position in shares of DuPont de Nemours by 19.6% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 51,255 shares of the basic materials company’s stock worth $3,894,000 after acquiring an additional 8,400 shares during the last quarter. Hsbc Holdings PLC increased its holdings in shares of DuPont de Nemours by 2.2% in the 2nd quarter. Hsbc Holdings PLC now owns 835,601 shares of the basic materials company’s stock worth $67,238,000 after acquiring an additional 17,970 shares during the period. Finally, MQS Management LLC bought a new stake in DuPont de Nemours in the 2nd quarter valued at about $468,000. Institutional investors own 73.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. BMO Capital Markets dropped their price target on shares of DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating on the stock in a research note on Thursday. Morgan Stanley raised their target price on 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. JPMorgan Chase & Co. reduced their price target on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research report on Wednesday. Citigroup lowered their price target on DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating on the stock in a report on Wednesday, December 18th. Finally, StockNews.com downgraded shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a report on Monday, January 13th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $98.00.

DuPont de Nemours Stock Performance

Shares of DD opened at $77.50 on Friday. The company has a 50-day moving average of $79.53 and a two-hundred day moving average of $81.39. The stock has a market cap of $32.39 billion, a price-to-earnings ratio of 40.79, a PEG ratio of 1.53 and a beta of 1.35. 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 one year low of $61.14 and a one year high of $90.06.

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

About DuPont de Nemours

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.