Hartford Financial Management Inc. Has $1.31 Million Stock Position in DuPont de Nemours, Inc. (NYSE:DD)

Hartford Financial Management Inc. lessened its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,190 shares of the basic materials company’s stock after selling 136 shares during the quarter. Hartford Financial Management Inc.’s holdings in DuPont de Nemours were worth $1,311,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL bought a new position in shares of DuPont de Nemours during the second quarter worth approximately $27,000. Ashton Thomas Securities LLC acquired a new position in shares of DuPont de Nemours in the third quarter valued at about $38,000. FSA Wealth Management LLC bought a new stake in DuPont de Nemours in the 3rd quarter valued at about $39,000. Quarry LP acquired a new stake in DuPont de Nemours during the second quarter worth approximately $37,000. Finally, True Wealth Design LLC increased its stake in DuPont de Nemours by 2,378.9% during the 3rd quarter. True Wealth Design LLC now owns 471 shares of the basic materials company’s stock worth $42,000 after acquiring an additional 452 shares during the period. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Price Performance

Shares of NYSE:DD opened at $76.59 on Friday. The firm has a market cap of $32.01 billion, a PE ratio of 40.31, a price-to-earnings-growth ratio of 1.67 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 firm’s fifty day moving average is $78.58 and its 200-day moving average is $81.25. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 2.28.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings results on Tuesday, November 5th. The basic materials company reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.15. The firm had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.20 billion. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The business’s revenue was up 4.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.92 EPS. Sell-side analysts predict 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 recently issued reports on DD. Wells Fargo & Company increased their target price on DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a report on Wednesday, November 6th. Royal Bank of Canada raised their target price on shares of DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. JPMorgan Chase & Co. cut their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a report on Wednesday, January 15th. Citigroup lowered their price objective on shares of DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating for the company in a research report on Wednesday, December 18th. Finally, StockNews.com raised DuPont de Nemours from a “hold” rating to a “buy” rating in a report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $98.00.

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.