DuPont de Nemours, Inc. (NYSE:DD) Shares Acquired by KBC Group NV

KBC Group NV increased its holdings in shares of DuPont de Nemours, Inc. (NYSE:DDFree Report) by 17.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 86,543 shares of the basic materials company’s stock after buying an additional 12,778 shares during the period. KBC Group NV’s holdings in DuPont de Nemours were worth $6,599,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Blue Trust Inc. raised its stake in shares of DuPont de Nemours by 6.8% in the fourth quarter. Blue Trust Inc. now owns 12,261 shares of the basic materials company’s stock valued at $935,000 after acquiring an additional 778 shares in the last quarter. PFG Investments LLC raised its position in DuPont de Nemours by 2.8% in the 4th quarter. PFG Investments LLC now owns 11,247 shares of the basic materials company’s stock valued at $858,000 after purchasing an additional 307 shares in the last quarter. Affinity Wealth Management LLC grew its position in shares of DuPont de Nemours by 23.9% during the fourth quarter. Affinity Wealth Management LLC now owns 3,717 shares of the basic materials company’s stock worth $283,000 after buying an additional 718 shares in the last quarter. Exchange Traded Concepts LLC increased its stake in shares of DuPont de Nemours by 1,138.9% during the fourth quarter. Exchange Traded Concepts LLC now owns 12,946 shares of the basic materials company’s stock worth $987,000 after buying an additional 11,901 shares during the period. Finally, CX Institutional lifted its stake in DuPont de Nemours by 20.0% in the fourth quarter. CX Institutional now owns 4,259 shares of the basic materials company’s stock worth $325,000 after acquiring an additional 710 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Trading Up 0.1 %

NYSE DD opened at $76.59 on Friday. The firm’s fifty day moving average is $78.58 and its two-hundred day moving average is $81.25. DuPont de Nemours, Inc. has a one year low of $61.14 and a one year high of $90.06. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 2.28. The firm has a market cap of $32.01 billion, a PE ratio of 40.31, a P/E/G ratio of 1.70 and a beta of 1.35.

DuPont de Nemours (NYSE:DDGet Free Report) last posted its quarterly earnings data on Tuesday, November 5th. The basic materials company reported $1.18 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $3.20 billion. During the same period in the prior year, the business earned $0.92 EPS. The firm’s revenue was up 4.4% compared to the same quarter last year. Analysts expect that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. StockNews.com upgraded shares of DuPont de Nemours from a “hold” rating to a “buy” rating in a report on Tuesday, January 21st. BMO Capital Markets decreased their price target on DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating for the company in a report on Thursday, January 16th. 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 report on Monday, October 21st. Wolfe Research raised 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. Finally, Royal Bank of Canada upped their price target on DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $98.00.

Get Our Latest Stock Report on DuPont de Nemours

DuPont de Nemours Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for DuPont de Nemours (NYSE:DD)

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