Tempus Wealth Planning LLC purchased a new stake in DuPont de Nemours, Inc. (NYSE:DD – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 5,940 shares of the basic materials company’s stock, valued at approximately $453,000.
Other large investors have also recently bought and sold shares of the company. R Squared Ltd acquired a new position in shares of DuPont de Nemours during the 4th quarter worth approximately $37,000. Ashton Thomas Securities LLC acquired a new position in shares of DuPont de Nemours during the 3rd quarter worth approximately $38,000. FSA Wealth Management LLC acquired a new position in shares of DuPont de Nemours during the 3rd quarter worth approximately $39,000. True Wealth Design LLC grew its position in shares of DuPont de Nemours by 2,378.9% during the 3rd quarter. True Wealth Design LLC now owns 471 shares of the basic materials company’s stock worth $42,000 after purchasing an additional 452 shares in the last quarter. Finally, Albion Financial Group UT grew its position in shares of DuPont de Nemours by 119.3% during the 4th quarter. Albion Financial Group UT now owns 590 shares of the basic materials company’s stock worth $45,000 after purchasing an additional 321 shares in the last quarter. 73.96% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on DD shares. Wolfe Research upgraded shares of DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price target on the stock in a research report on Friday, January 17th. Royal Bank of Canada increased their price target on shares of DuPont de Nemours from $102.00 to $104.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. StockNews.com upgraded shares of DuPont de Nemours from a “hold” rating to a “buy” rating in a research report on Tuesday, January 21st. BMO Capital Markets reduced their price target on shares of DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating on the stock in a research report on Thursday, January 16th. Finally, JPMorgan Chase & Co. reduced their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 15th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $98.00.
DuPont de Nemours Stock Performance
Shares of DuPont de Nemours stock opened at $76.99 on Wednesday. DuPont de Nemours, Inc. has a fifty-two week low of $61.20 and a fifty-two week high of $90.06. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.28 and a quick ratio of 1.49. The firm has a market capitalization of $32.18 billion, a P/E ratio of 40.52, a P/E/G ratio of 1.68 and a beta of 1.34. The company’s 50 day moving average price is $78.15 and its two-hundred day moving average price is $81.16.
DuPont de Nemours (NYSE:DD – Get Free Report) last released its quarterly earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.15. The firm had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.20 billion. DuPont de Nemours had a net margin of 6.35% and a return on equity of 6.64%. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.92 earnings per share. On average, equities analysts forecast that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current fiscal year.
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.
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