Sawyer & Company Inc Sells 1,694 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Sawyer & Company Inc lessened its position in DuPont de Nemours, Inc. (NYSE:DD) by 29.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 3,986 shares of the basic materials company’s stock after selling 1,694 shares during the period. Sawyer & Company Inc’s holdings in DuPont de Nemours were worth $304,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. American Century Companies Inc. lifted its holdings in DuPont de Nemours by 26.7% during the 2nd quarter. American Century Companies Inc. now owns 96,073 shares of the basic materials company’s stock valued at $7,733,000 after purchasing an additional 20,266 shares during the last quarter. Rathbones Group PLC grew its holdings in DuPont de Nemours by 2.9% during the 2nd quarter. Rathbones Group PLC now owns 5,316 shares of the basic materials company’s stock worth $428,000 after acquiring an additional 151 shares during the last quarter. Mesirow Financial Investment Management Inc. increased its position in DuPont de Nemours by 6.0% in the 2nd quarter. Mesirow Financial Investment Management Inc. now owns 7,842 shares of the basic materials company’s stock valued at $631,000 after acquiring an additional 446 shares in the last quarter. Citizens Financial Group Inc. RI raised its stake in shares of DuPont de Nemours by 47.3% in the second quarter. Citizens Financial Group Inc. RI now owns 11,219 shares of the basic materials company’s stock worth $903,000 after acquiring an additional 3,605 shares during the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of DuPont de Nemours during the second quarter worth approximately $2,119,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Price Performance

DD opened at $76.31 on Thursday. The stock has a market cap of $31.89 billion, a P/E ratio of 40.16, a P/E/G ratio of 1.95 and a beta of 1.35. DuPont de Nemours, Inc. has a 12 month low of $61.14 and a 12 month high of $90.06. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29. The company has a fifty day simple moving average of $80.02 and a 200 day simple moving average of $81.47.

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 (EPS) for the quarter, topping 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 company had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same period in the prior year, the company earned $0.92 earnings per share. The company’s revenue for the quarter was up 4.4% compared to the same quarter last year. On average, research analysts expect that DuPont de Nemours, Inc. will post 3.89 EPS for the current year.

Analyst Ratings Changes

DD has been the subject of a number of research reports. JPMorgan Chase & Co. lowered 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. Morgan Stanley boosted their target price on DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a research report on Monday, October 21st. Wells Fargo & Company raised their price target on DuPont de Nemours from $105.00 to $107.00 and gave the company an “overweight” rating in a report on Wednesday, November 6th. Citigroup dropped their price objective on DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating for the company in a report on Wednesday, December 18th. Finally, Royal Bank of Canada upped their target price 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. Two analysts have rated the stock with a sell rating, three have given a hold rating and nine have given 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 $96.33.

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.