Strategic Blueprint LLC Makes New Investment in DuPont de Nemours, Inc. (NYSE:DD)

Strategic Blueprint LLC purchased a new stake in DuPont de Nemours, Inc. (NYSE:DD) in the 4th quarter, Holdings Channel.com reports. The firm purchased 7,609 shares of the basic materials company’s stock, valued at approximately $580,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Iams Wealth Management LLC boosted its holdings in shares of DuPont de Nemours by 4.8% during the fourth quarter. Iams Wealth Management LLC now owns 23,919 shares of the basic materials company’s stock valued at $1,824,000 after acquiring an additional 1,094 shares during the period. Hantz Financial Services Inc. boosted its stake in DuPont de Nemours by 1.3% during the 4th quarter. Hantz Financial Services Inc. now owns 71,006 shares of the basic materials company’s stock valued at $5,414,000 after purchasing an additional 942 shares during the period. Robeco Institutional Asset Management B.V. grew its position in DuPont de Nemours by 20.0% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 992,906 shares of the basic materials company’s stock worth $75,709,000 after purchasing an additional 165,671 shares during the last quarter. R Squared Ltd acquired a new stake in shares of DuPont de Nemours in the fourth quarter valued at approximately $37,000. Finally, Orca Wealth Management LLC bought a new stake in shares of DuPont de Nemours during the fourth quarter valued at approximately $569,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on DD. StockNews.com raised DuPont de Nemours from a “hold” rating to a “buy” rating in a report on Tuesday, January 21st. Morgan Stanley raised their price target 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 shares of DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price objective for the company in a report on Friday, January 17th. 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. Finally, BMO Capital Markets reduced their price target on shares of DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating for the company in a research note on Thursday, January 16th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, DuPont de Nemours has a consensus rating of “Moderate Buy” and an average price target of $98.00.

DuPont de Nemours Stock Performance

Shares of NYSE DD opened at $76.81 on Friday. The stock’s fifty day simple moving average is $78.45 and its 200 day simple moving average is $81.22. The stock has a market capitalization of $32.10 billion, a price-to-earnings ratio of 40.43, a PEG 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 posted its quarterly earnings data on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $3.20 billion. During the same quarter in the previous year, the company earned $0.92 EPS. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. As a group, sell-side analysts forecast that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current fiscal 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.