First United Bank & Trust Has $516,000 Stake in DuPont de Nemours, Inc. (NYSE:DD)

First United Bank & Trust grew its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 23.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 6,763 shares of the basic materials company’s stock after acquiring an additional 1,293 shares during the period. First United Bank & Trust’s holdings in DuPont de Nemours were worth $516,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Zurich Insurance Group Ltd FI bought a new position in shares of DuPont de Nemours in the second quarter worth about $83,540,000. Assenagon Asset Management S.A. raised its position in DuPont de Nemours by 431.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,058,446 shares of the basic materials company’s stock worth $80,707,000 after purchasing an additional 859,333 shares during the last quarter. Franklin Resources Inc. lifted its holdings in DuPont de Nemours by 9.8% during the 3rd quarter. Franklin Resources Inc. now owns 6,410,485 shares of the basic materials company’s stock worth $556,751,000 after buying an additional 570,703 shares in the last quarter. Zacks Investment Management bought a new position in DuPont de Nemours in the 3rd quarter valued at $42,810,000. Finally, Two Sigma Advisers LP increased its stake in shares of DuPont de Nemours by 48.3% in the 3rd quarter. Two Sigma Advisers LP now owns 1,415,900 shares of the basic materials company’s stock valued at $126,171,000 after buying an additional 461,400 shares during the period. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Up 1.1 %

Shares of DuPont de Nemours stock opened at $77.50 on Tuesday. 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 current ratio of 2.28 and a quick ratio of 1.49. The company has a market capitalization of $32.39 billion, a P/E ratio of 40.79, a price-to-earnings-growth ratio of 1.69 and a beta of 1.35. The business has a 50-day moving average of $79.41 and a two-hundred day moving average of $81.41.

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

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on DD shares. Wells Fargo & Company upped their price target on DuPont de Nemours from $105.00 to $107.00 and gave the company an “overweight” rating in a research note on Wednesday, November 6th. Barclays raised their target price on shares of DuPont de Nemours from $84.00 to $85.00 and gave the company an “underweight” rating in a research note on Wednesday, November 6th. Citigroup dropped their price target on shares of 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. JPMorgan Chase & Co. reduced their price objective on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 15th. Finally, Wolfe Research upgraded shares of DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 target price for the company in a research report on Friday. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and an average target price 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.