DuPont de Nemours, Inc. (NYSE:DD) Shares Bought by Capital Investment Advisory Services LLC

Capital Investment Advisory Services LLC grew its position in DuPont de Nemours, Inc. (NYSE:DD) by 4.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,749 shares of the basic materials company’s stock after buying an additional 252 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in DuPont de Nemours were worth $438,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. NewEdge Advisors LLC lifted its position in shares of DuPont de Nemours by 5.5% during the second quarter. NewEdge Advisors LLC now owns 27,002 shares of the basic materials company’s stock worth $2,173,000 after purchasing an additional 1,402 shares in the last quarter. Quarry LP purchased a new stake in DuPont de Nemours during the 2nd quarter worth approximately $37,000. Strategic Investment Solutions Inc. IL acquired a new stake in DuPont de Nemours during the 2nd quarter worth approximately $27,000. Sanctuary Advisors LLC acquired a new stake in DuPont de Nemours during the 2nd quarter worth approximately $3,609,000. Finally, Anchor Investment Management LLC boosted its position in DuPont de Nemours by 22.7% in the 2nd quarter. Anchor Investment Management LLC now owns 2,736 shares of the basic materials company’s stock valued at $220,000 after buying an additional 507 shares during the period. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on DD shares. Morgan Stanley increased their price objective on DuPont de Nemours from $88.00 to $94.00 and gave the company an “equal weight” rating in a research note on Monday, October 21st. Barclays increased their price target on DuPont de Nemours from $84.00 to $85.00 and gave the company an “underweight” rating in a research report on Wednesday, November 6th. 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 report on Wednesday, December 18th. Wells Fargo & Company lifted their price target on shares of DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 6th. Finally, Royal Bank of Canada boosted their price target on shares of DuPont de Nemours from $102.00 to $104.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $98.00.

DuPont de Nemours Stock Up 0.2 %

Shares of NYSE DD opened at $76.81 on Friday. The business has a 50-day moving average price of $78.45 and a 200 day moving average price of $81.22. The stock has a market cap of $32.10 billion, a PE ratio of 40.43, a price-to-earnings-growth ratio of 1.67 and a beta of 1.35. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29. DuPont de Nemours, Inc. has a 52-week low of $61.14 and a 52-week high of $90.06.

DuPont de Nemours (NYSE:DD) last announced 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 net margin of 6.35% and a return on equity of 6.64%. The business had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.20 billion. During the same period last year, the firm posted $0.92 earnings per share. The company’s revenue for the quarter was up 4.4% compared to the same quarter last year. Equities research analysts forecast 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.