DuPont de Nemours, Inc. (NYSE:DD) Shares Acquired by Roble Belko & Company Inc

Roble Belko & Company Inc increased its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 27.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 766 shares of the basic materials company’s stock after purchasing an additional 166 shares during the period. Roble Belko & Company Inc’s holdings in DuPont de Nemours were worth $58,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Strategic Investment Solutions Inc. IL acquired a new stake in shares of DuPont de Nemours during the second quarter worth about $27,000. Quarry LP acquired a new position in DuPont de Nemours in the 2nd quarter valued at about $37,000. Ashton Thomas Securities LLC purchased a new stake in DuPont de Nemours during the 3rd quarter valued at approximately $38,000. FSA Wealth Management LLC acquired a new stake in DuPont de Nemours during the 3rd quarter worth approximately $39,000. Finally, True Wealth Design LLC grew its stake in shares of DuPont de Nemours by 2,378.9% in the 3rd quarter. True Wealth Design LLC now owns 471 shares of the basic materials company’s stock valued at $42,000 after purchasing an additional 452 shares during the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on DD. Royal Bank of Canada upped their price target 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. StockNews.com downgraded shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a research report on Monday. Morgan Stanley lifted their target price on shares of DuPont de Nemours from $88.00 to $94.00 and gave the company an “equal weight” rating in a report on Monday, October 21st. JPMorgan Chase & Co. cut their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a report on Wednesday. Finally, Barclays lifted their price objective on DuPont de Nemours from $84.00 to $85.00 and gave the company an “underweight” rating in a report on Wednesday, November 6th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $96.33.

DuPont de Nemours Stock Performance

Shares of DD stock opened at $76.31 on Thursday. The stock has a fifty day moving average price of $80.02 and a 200 day moving average price of $81.47. 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 $31.89 billion, a PE ratio of 40.16, a P/E/G ratio of 1.95 and a beta of 1.35. DuPont de Nemours, Inc. has a 1 year low of $61.14 and a 1 year high of $90.06.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.20 billion. During the same quarter last year, the business posted $0.92 earnings per share. The business’s revenue for the quarter was up 4.4% on a year-over-year basis. Sell-side analysts forecast that DuPont de Nemours, Inc. will post 3.89 earnings per share for the current fiscal year.

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.