DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Clarius Group LLC

Clarius Group LLC reduced its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 4.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,495 shares of the basic materials company’s stock after selling 226 shares during the quarter. Clarius Group LLC’s holdings in DuPont de Nemours were worth $343,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in DD. Shelton Wealth Management LLC lifted its stake in DuPont de Nemours by 49.7% during the fourth quarter. Shelton Wealth Management LLC now owns 9,029 shares of the basic materials company’s stock worth $688,000 after purchasing an additional 2,996 shares during the last quarter. Premier Path Wealth Partners LLC lifted its position in shares of DuPont de Nemours by 4.4% during the 4th quarter. Premier Path Wealth Partners LLC now owns 17,276 shares of the basic materials company’s stock worth $1,317,000 after buying an additional 722 shares during the last quarter. Merit Financial Group LLC boosted its holdings in shares of DuPont de Nemours by 36.4% in the 4th quarter. Merit Financial Group LLC now owns 18,496 shares of the basic materials company’s stock valued at $1,410,000 after buying an additional 4,939 shares in the last quarter. Butensky & Cohen Financial Security Inc. grew its position in shares of DuPont de Nemours by 0.5% in the 4th quarter. Butensky & Cohen Financial Security Inc. now owns 58,094 shares of the basic materials company’s stock valued at $4,430,000 after buying an additional 302 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC raised its stake in DuPont de Nemours by 5.5% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 2,995 shares of the basic materials company’s stock worth $228,000 after acquiring an additional 156 shares in the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Trading Up 1.1 %

Shares of DuPont de Nemours stock opened at $77.50 on Monday. The firm has a market cap of $32.39 billion, a price-to-earnings ratio of 40.79, a price-to-earnings-growth ratio of 1.53 and a beta of 1.35. DuPont de Nemours, Inc. has a 52-week low of $61.14 and a 52-week high of $90.06. The company’s 50-day simple moving average is $79.53 and its 200-day simple moving average is $81.42. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29.

DuPont de Nemours (NYSE:DD) last released its 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. The company had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $3.20 billion. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The firm’s quarterly revenue was up 4.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.92 EPS. As a group, equities research analysts anticipate that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have issued reports on DD. Royal Bank of Canada upped their price objective on shares of DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Wells Fargo & Company raised their price target on DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 6th. BMO Capital Markets reduced their price objective on DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating for the company in a research note on Thursday. Citigroup lowered their target price on shares of DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating on the stock in a research report on Wednesday, December 18th. Finally, Morgan Stanley upped their price target on shares of DuPont de Nemours from $88.00 to $94.00 and gave the company an “equal weight” rating in a research report on Monday, October 21st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and ten have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $98.00.

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.