DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Janney Capital Management LLC

Janney Capital Management LLC cut its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 3.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 145,987 shares of the basic materials company’s stock after selling 4,568 shares during the period. Janney Capital Management LLC’s holdings in DuPont de Nemours were worth $11,132,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Zurich Insurance Group Ltd FI acquired a new stake in shares of DuPont de Nemours during the second quarter valued at about $83,540,000. Assenagon Asset Management S.A. grew its stake in DuPont de Nemours by 431.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,058,446 shares of the basic materials company’s stock valued at $80,707,000 after purchasing an additional 859,333 shares in the last quarter. Franklin Resources Inc. increased its holdings in DuPont de Nemours by 9.8% during the 3rd quarter. Franklin Resources Inc. now owns 6,410,485 shares of the basic materials company’s stock worth $556,751,000 after purchasing an additional 570,703 shares during the last quarter. Zacks Investment Management purchased a new stake in DuPont de Nemours during the 3rd quarter worth approximately $42,810,000. Finally, Two Sigma Advisers LP raised its position in shares of DuPont de Nemours by 48.3% in the 3rd quarter. Two Sigma Advisers LP now owns 1,415,900 shares of the basic materials company’s stock valued at $126,171,000 after purchasing an additional 461,400 shares in the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Price Performance

Shares of NYSE DD opened at $78.08 on Wednesday. DuPont de Nemours, Inc. has a fifty-two week low of $61.14 and a fifty-two week high of $90.06. The stock has a market cap of $32.63 billion, a P/E ratio of 41.10, a P/E/G ratio of 1.69 and a beta of 1.35. The firm’s 50-day simple moving average is $79.33 and its 200 day simple moving average is $81.41. 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 announced its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 EPS for the quarter, topping the consensus estimate of $1.03 by $0.15. The firm 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% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.92 earnings per share. Equities analysts expect that DuPont de Nemours, Inc. will post 3.91 EPS for the current year.

Analyst Ratings Changes

DD has been the subject of a number of research analyst reports. Morgan Stanley lifted their price target on shares of DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a research note on Monday, October 21st. Wells Fargo & Company boosted their target price on shares of DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 6th. StockNews.com raised shares of DuPont de Nemours from a “hold” rating to a “buy” rating in a research report on Tuesday. Royal Bank of Canada boosted their price objective on DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Finally, Wolfe Research raised 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. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price 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.