Secure Asset Management LLC Has $332,000 Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Secure Asset Management LLC increased its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 13.0% during the fourth quarter, HoldingsChannel reports. The fund owned 4,351 shares of the basic materials company’s stock after buying an additional 501 shares during the period. Secure Asset Management LLC’s holdings in DuPont de Nemours were worth $332,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL acquired a new stake in shares of DuPont de Nemours in the 2nd quarter valued at about $27,000. Ashton Thomas Securities LLC acquired a new position in DuPont de Nemours during the 3rd quarter worth approximately $38,000. FSA Wealth Management LLC bought a new position in shares of DuPont de Nemours during the 3rd quarter worth approximately $39,000. Quarry LP acquired a new stake in shares of DuPont de Nemours in the second quarter valued at approximately $37,000. Finally, True Wealth Design LLC lifted its position in shares of DuPont de Nemours by 2,378.9% in the third 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. 73.96% of the stock is owned by institutional investors.

DuPont de Nemours Stock Down 1.2 %

Shares of DD opened at $77.28 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 2.28. DuPont de Nemours, Inc. has a 52 week low of $61.14 and a 52 week high of $90.06. The stock has a market capitalization of $32.30 billion, a price-to-earnings ratio of 40.67, a PEG ratio of 1.70 and a beta of 1.35. The stock has a fifty day moving average of $79.02 and a 200-day moving average of $81.34.

DuPont de Nemours (NYSE:DD) last posted 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. 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 during the quarter, compared to the consensus estimate of $3.20 billion. During the same period last year, the company earned $0.92 earnings per share. The business’s quarterly revenue was up 4.4% on a year-over-year basis. As a group, sell-side analysts anticipate that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on DD shares. Morgan Stanley raised their price objective 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. BMO Capital Markets dropped their price objective 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. Barclays lifted their price target on DuPont de Nemours from $84.00 to $85.00 and gave the stock an “underweight” rating in a report on Wednesday, November 6th. Royal Bank of Canada boosted their price objective on shares of DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Finally, StockNews.com upgraded DuPont de Nemours from a “hold” rating to a “buy” rating in a research report on Tuesday. 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, DuPont de Nemours currently has an average rating of “Moderate Buy” and an average price target of $98.00.

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.