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

Summit Trail Advisors LLC grew its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 4.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,414 shares of the basic materials company’s stock after acquiring an additional 709 shares during the period. Summit Trail Advisors LLC’s holdings in DuPont de Nemours were worth $1,328,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Choreo LLC grew its stake in DuPont de Nemours by 23.4% in the fourth quarter. Choreo LLC now owns 43,307 shares of the basic materials company’s stock worth $3,296,000 after purchasing an additional 8,205 shares in the last quarter. Merit Financial Group LLC grew its stake in DuPont de Nemours by 36.4% in the fourth quarter. Merit Financial Group LLC now owns 18,496 shares of the basic materials company’s stock worth $1,410,000 after purchasing an additional 4,939 shares in the last quarter. Jennison Associates LLC grew its stake in DuPont de Nemours by 2.0% in the third quarter. Jennison Associates LLC now owns 491,028 shares of the basic materials company’s stock worth $43,756,000 after purchasing an additional 9,730 shares in the last quarter. Principal Financial Group Inc. grew its stake in DuPont de Nemours by 4.6% in the third quarter. Principal Financial Group Inc. now owns 490,704 shares of the basic materials company’s stock worth $43,727,000 after purchasing an additional 21,435 shares in the last quarter. Finally, Oppenheimer & Co. Inc. lifted its holdings in DuPont de Nemours by 38.4% in the third quarter. Oppenheimer & Co. Inc. now owns 36,082 shares of the basic materials company’s stock worth $3,215,000 after acquiring an additional 10,012 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Price Performance

NYSE DD opened at $76.25 on Tuesday. DuPont de Nemours, Inc. has a 12 month low of $66.10 and a 12 month 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 $31.87 billion, a PE ratio of 40.13, a P/E/G ratio of 1.70 and a beta of 1.34. The company’s 50 day simple moving average is $77.57 and its 200 day simple moving average is $81.07.

Analysts Set New Price Targets

DD has been the topic of a number of recent research reports. BMO Capital Markets cut their target price on shares of DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating on the stock in a report on Thursday, January 16th. Morgan Stanley raised their target price on shares of DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a report on Monday, October 21st. Wolfe Research raised shares of DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 target price on the stock in a report on Friday, January 17th. JPMorgan Chase & Co. cut their target price on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a report on Wednesday, January 15th. Finally, Citigroup cut their price target on DuPont de Nemours from $92.00 to $88.00 in a report on Monday. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, DuPont de Nemours currently has an average rating of “Moderate Buy” and an average target price of $97.42.

About DuPont de Nemours

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.