Hantz Financial Services Inc. increased its position in shares of DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 1.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 71,006 shares of the basic materials company’s stock after acquiring an additional 942 shares during the period. Hantz Financial Services Inc.’s holdings in DuPont de Nemours were worth $5,414,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of the company. State Street Corp increased its stake in DuPont de Nemours by 2.4% in the 3rd quarter. State Street Corp now owns 16,983,109 shares of the basic materials company’s stock worth $1,513,365,000 after purchasing an additional 399,728 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of DuPont de Nemours by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 9,952,115 shares of the basic materials company’s stock valued at $883,821,000 after buying an additional 100,198 shares during the last quarter. Franklin Resources Inc. lifted its holdings in shares of 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 valued at $556,751,000 after buying an additional 570,703 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of DuPont de Nemours by 1.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,777,478 shares of the basic materials company’s stock valued at $247,501,000 after buying an additional 39,189 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its holdings in shares of DuPont de Nemours by 22.7% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,976,736 shares of the basic materials company’s stock valued at $176,147,000 after buying an additional 365,796 shares during the last quarter. 73.96% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on DD. Wells Fargo & Company lifted their price target on DuPont de Nemours from $105.00 to $107.00 and gave the company an “overweight” rating in a report on Wednesday, November 6th. Barclays raised their price objective on DuPont de Nemours from $84.00 to $85.00 and gave the company an “underweight” rating in a research note on Wednesday, November 6th. Wolfe Research raised DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price objective on the stock in a research note on Friday, January 17th. StockNews.com raised DuPont de Nemours from a “hold” rating to a “buy” rating in a research note on Tuesday, January 21st. Finally, Royal Bank of Canada raised their price objective on DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $98.00.
DuPont de Nemours Stock Performance
DD opened at $76.48 on Thursday. DuPont de Nemours, Inc. has a 12-month low of $61.14 and a 12-month high of $90.06. The stock has a market cap of $31.97 billion, a price-to-earnings ratio of 40.25, a PEG ratio of 1.70 and a beta of 1.35. The business has a 50 day moving average of $78.71 and a 200-day moving average of $81.28. 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 (NYSE:DD – Get Free Report) 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 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 quarter last year, the company earned $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.
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.
Featured Articles
- Five stocks we like better than DuPont de Nemours
- 3 Small Caps With Big Return Potential
- Coinbase Gains Momentum on App Store—What It Means for the Stock
- Most Volatile Stocks, What Investors Need to Know
- How to Short Sell Stocks Like a Pro: Strategies and Tips
- What is the Dow Jones Industrial Average (DJIA)?
- 3 Steel Stocks Soaring After Tariff Announcements
Want to see what other hedge funds are holding DD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DuPont de Nemours, Inc. (NYSE:DD – Free Report).
Receive News & Ratings for DuPont de Nemours Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DuPont de Nemours and related companies with MarketBeat.com's FREE daily email newsletter.