DuPont de Nemours, Inc. (NYSE:DD) Shares Bought by Brown Lisle Cummings Inc.

Brown Lisle Cummings Inc. lifted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 15.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,383 shares of the basic materials company’s stock after purchasing an additional 450 shares during the quarter. Brown Lisle Cummings Inc.’s holdings in DuPont de Nemours were worth $258,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fortitude Family Office LLC raised its stake in DuPont de Nemours by 32.0% during the third quarter. Fortitude Family Office LLC now owns 544 shares of the basic materials company’s stock worth $48,000 after purchasing an additional 132 shares during the period. Global Trust Asset Management LLC raised its position in shares of DuPont de Nemours by 1.5% in the 4th quarter. Global Trust Asset Management LLC now owns 9,227 shares of the basic materials company’s stock worth $704,000 after buying an additional 133 shares during the period. Avior Wealth Management LLC raised its position in shares of DuPont de Nemours by 22.7% in the 4th quarter. Avior Wealth Management LLC now owns 741 shares of the basic materials company’s stock worth $57,000 after buying an additional 137 shares during the period. Focus Financial Network Inc. boosted its holdings in DuPont de Nemours by 3.7% in the third quarter. Focus Financial Network Inc. now owns 3,973 shares of the basic materials company’s stock valued at $354,000 after acquiring an additional 143 shares during the last quarter. Finally, Busey Bank grew its position in DuPont de Nemours by 4.7% during the third quarter. Busey Bank now owns 3,243 shares of the basic materials company’s stock valued at $289,000 after acquiring an additional 145 shares during the period. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on DD. Morgan Stanley raised their price objective on DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a report on Monday, October 21st. Royal Bank of Canada lifted their price target on shares of DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. 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 research report on Friday, January 17th. Citigroup cut their target price on shares of DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating on the stock in a research note on Wednesday, December 18th. Finally, StockNews.com upgraded DuPont de Nemours from a “hold” rating to a “buy” rating in a report on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $98.00.

DuPont de Nemours Trading Up 1.2 %

NYSE:DD opened at $76.99 on Wednesday. DuPont de Nemours, Inc. has a one year low of $61.20 and a one year high of $90.06. The business’s 50-day simple moving average is $78.15 and its 200 day simple moving average is $81.16. 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 stock has a market cap of $32.18 billion, a price-to-earnings ratio of 40.52, a price-to-earnings-growth ratio of 1.68 and a beta of 1.34.

DuPont de Nemours (NYSE:DD) last released its earnings results 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. The company had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.20 billion. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The business’s revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.92 EPS. As a group, sell-side analysts predict 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.