DuPont de Nemours, Inc. (NYSE:DD) Shares Bought by Laurel Wealth Advisors LLC

Laurel Wealth Advisors LLC lifted its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 31.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,930 shares of the basic materials company’s stock after purchasing an additional 700 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in DuPont de Nemours were worth $223,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in DD. Park Avenue Securities LLC increased its holdings in DuPont de Nemours by 1.2% in the fourth quarter. Park Avenue Securities LLC now owns 14,644 shares of the basic materials company’s stock valued at $1,117,000 after buying an additional 178 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in shares of DuPont de Nemours by 431.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,058,446 shares of the basic materials company’s stock valued at $80,707,000 after purchasing an additional 859,333 shares in the last quarter. Oak Thistle LLC acquired a new position in DuPont de Nemours in the 4th quarter worth about $942,000. SeaCrest Wealth Management LLC raised its holdings in DuPont de Nemours by 8.9% in the 4th quarter. SeaCrest Wealth Management LLC now owns 10,354 shares of the basic materials company’s stock worth $789,000 after purchasing an additional 842 shares during the period. Finally, Courier Capital LLC boosted its position in DuPont de Nemours by 4.3% during the fourth quarter. Courier Capital LLC now owns 5,846 shares of the basic materials company’s stock worth $446,000 after purchasing an additional 239 shares in the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

DuPont de Nemours Trading Up 1.2 %

DD opened at $75.31 on Wednesday. The stock has a market capitalization of $31.48 billion, a PE ratio of 39.64, a P/E/G ratio of 1.95 and a beta of 1.35. 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 business’s 50 day moving average price is $80.02 and its 200 day moving average price is $81.47.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.15. The business 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 company’s revenue was up 4.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.92 EPS. As a group, equities research analysts expect that DuPont de Nemours, Inc. will post 3.89 EPS for the current year.

Analyst Ratings Changes

DD has been the topic of a number of research analyst reports. Wells Fargo & Company lifted their price target on shares of DuPont de Nemours from $105.00 to $107.00 and gave the company an “overweight” rating in a research note on Wednesday, November 6th. Royal Bank of Canada boosted their price objective on DuPont de Nemours from $102.00 to $104.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Citigroup dropped their price target on DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating for the company in a research report on Wednesday, December 18th. 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 research note on Monday, October 21st. Finally, StockNews.com cut shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a research note on Monday. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and an average price target of $95.25.

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.