Global Trust Asset Management LLC Acquires 133 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Global Trust Asset Management LLC lifted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 1.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,227 shares of the basic materials company’s stock after acquiring an additional 133 shares during the period. Global Trust Asset Management LLC’s holdings in DuPont de Nemours were worth $704,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. American Century Companies Inc. boosted 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 worth $7,733,000 after acquiring an additional 20,266 shares during the last quarter. Sei Investments Co. boosted its holdings in DuPont de Nemours by 11.3% during the second quarter. Sei Investments Co. now owns 370,915 shares of the basic materials company’s stock worth $29,852,000 after purchasing an additional 37,618 shares during the last quarter. ProShare Advisors LLC boosted its holdings in DuPont de Nemours by 6.5% during the second quarter. ProShare Advisors LLC now owns 70,318 shares of the basic materials company’s stock worth $5,660,000 after purchasing an additional 4,321 shares during the last quarter. Frank Rimerman Advisors LLC bought a new stake in DuPont de Nemours in the 2nd quarter worth about $257,000. Finally, EverSource Wealth Advisors LLC increased its stake in DuPont de Nemours by 258.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,137 shares of the basic materials company’s stock valued at $179,000 after buying an additional 1,540 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. StockNews.com raised DuPont de Nemours from a “hold” rating to a “buy” rating in a report on Tuesday. Citigroup reduced their price objective on DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating for the company in a research note on Wednesday, December 18th. BMO Capital Markets lowered their target price on DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating on the stock in a research note on Thursday, January 16th. Wolfe Research upgraded shares of DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price target for the company in a research report on Friday, January 17th. Finally, Wells Fargo & Company raised their price objective on shares of DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, one has given a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, DuPont de Nemours has a consensus rating of “Moderate Buy” and a consensus target price of $98.00.

DuPont de Nemours Price Performance

DD opened at $78.43 on Wednesday. The company has a market capitalization of $32.78 billion, a price-to-earnings ratio of 41.28, a PEG ratio of 1.69 and a beta of 1.35. 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 firm has a 50-day moving average price of $79.33 and a 200-day moving average price of $81.41. DuPont de Nemours, Inc. has a twelve month low of $61.14 and a twelve month high of $90.06.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings data on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.15. The business had revenue of $3.19 billion during the quarter, compared to analyst estimates of $3.20 billion. DuPont de Nemours had a net margin of 6.35% and a return on equity of 6.64%. DuPont de Nemours’s revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.92 EPS. Equities analysts expect that DuPont de Nemours, Inc. will post 3.91 EPS 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.