Apollon Wealth Management LLC raised its holdings in DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 15.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,641 shares of the basic materials company’s stock after buying an additional 1,977 shares during the period. Apollon Wealth Management LLC’s holdings in DuPont de Nemours were worth $1,116,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. State Street Corp boosted its stake in DuPont de Nemours by 2.4% in the third quarter. State Street Corp now owns 16,983,109 shares of the basic materials company’s stock valued at $1,513,365,000 after acquiring 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% in 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 purchasing an additional 100,198 shares during the last quarter. Franklin Resources Inc. boosted its position in shares of DuPont de Nemours by 9.8% in 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 purchasing an additional 570,703 shares during the period. Charles Schwab Investment Management Inc. increased its position in DuPont de Nemours by 1.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,777,478 shares of the basic materials company’s stock worth $247,501,000 after buying an additional 39,189 shares during the period. Finally, Jacobs Levy Equity Management Inc. lifted its stake in DuPont de Nemours by 22.7% in the third 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 hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
DD has been the topic of a number of recent research reports. BMO Capital Markets cut their target price on shares of DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating on the stock in a report on Thursday, January 16th. Wells Fargo & Company upped their target price on shares of DuPont de Nemours from $105.00 to $107.00 and gave the company an “overweight” rating in a report on Wednesday, November 6th. Royal Bank of Canada lowered their price target on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a report on Monday. Morgan Stanley upped 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. Finally, Wolfe Research upgraded 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 note on Friday, January 17th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and an average target price of $97.42.
DuPont de Nemours Trading Up 0.6 %
Shares of NYSE:DD opened at $76.25 on Tuesday. DuPont de Nemours, Inc. has a fifty-two week low of $66.10 and a fifty-two week high of $90.06. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29. The company has a market cap of $31.87 billion, a PE ratio of 40.13, a P/E/G ratio of 1.70 and a beta of 1.34. The company’s 50-day moving average price is $77.57 and its 200 day moving average price is $81.07.
DuPont de Nemours Company 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.
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