Aljian Capital Management LLC Has $617,000 Stake in DuPont de Nemours, Inc. (NYSE:DD)

Aljian Capital Management LLC increased its position in DuPont de Nemours, Inc. (NYSE:DD) by 11.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,089 shares of the basic materials company’s stock after purchasing an additional 814 shares during the period. Aljian Capital Management LLC’s holdings in DuPont de Nemours were worth $617,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of DD. State Street Corp lifted its stake in shares of DuPont de Nemours by 2.4% in the third quarter. State Street Corp now owns 16,983,109 shares of the basic materials company’s stock valued at $1,513,365,000 after buying an additional 399,728 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of DuPont de Nemours by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 9,952,115 shares of the basic materials company’s stock worth $883,821,000 after acquiring an additional 100,198 shares during the last quarter. Franklin Resources Inc. lifted its position in DuPont de Nemours by 9.8% in the 3rd quarter. Franklin Resources Inc. now owns 6,410,485 shares of the basic materials company’s stock valued at $556,751,000 after acquiring an additional 570,703 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in DuPont de Nemours by 1.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,777,478 shares of the basic materials company’s stock valued at $247,501,000 after purchasing an additional 39,189 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. boosted its stake in DuPont de Nemours by 22.7% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,976,736 shares of the basic materials company’s stock valued at $176,147,000 after purchasing an additional 365,796 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

Wall Street Analyst Weigh In

DD has been the topic of a number of analyst reports. Citigroup cut their price objective on shares of DuPont de Nemours from $92.00 to $88.00 in a report on Monday. JPMorgan Chase & Co. decreased their price objective on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research note on Wednesday, January 15th. Barclays raised DuPont de Nemours from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $85.00 to $89.00 in a report on Thursday. Wells Fargo & Company reduced their price objective on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating for the company in a research note on Wednesday. Finally, Morgan Stanley raised their price objective 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. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat, DuPont de Nemours has a consensus rating of “Moderate Buy” and a consensus price target of $97.58.

DuPont de Nemours Trading Up 0.4 %

Shares of DD stock opened at $81.78 on Thursday. The stock has a market capitalization of $34.18 billion, a price-to-earnings ratio of 43.04, a PEG ratio of 1.70 and a beta of 1.34. The company’s fifty day simple moving average is $77.53 and its two-hundred day simple moving average is $81.09. DuPont de Nemours, Inc. has a 1 year low of $66.10 and a 1 year 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.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.15. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. As a group, analysts anticipate that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current 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.