Perigon Wealth Management LLC Raises Stock Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Perigon Wealth Management LLC raised its position in DuPont de Nemours, Inc. (NYSE:DD) by 7.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,390 shares of the basic materials company’s stock after purchasing an additional 779 shares during the quarter. Perigon Wealth Management LLC’s holdings in DuPont de Nemours were worth $873,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of DD. Fortitude Family Office LLC raised its position in shares of DuPont de Nemours by 32.0% during the 3rd quarter. Fortitude Family Office LLC now owns 544 shares of the basic materials company’s stock valued at $48,000 after acquiring an additional 132 shares in the last quarter. Global Trust Asset Management LLC raised its holdings in shares of DuPont de Nemours by 1.5% during the fourth quarter. Global Trust Asset Management LLC now owns 9,227 shares of the basic materials company’s stock worth $704,000 after purchasing an additional 133 shares during the period. Avior Wealth Management LLC lifted its position in shares of DuPont de Nemours by 22.7% in the 4th quarter. Avior Wealth Management LLC now owns 741 shares of the basic materials company’s stock worth $57,000 after buying an additional 137 shares during the last quarter. Focus Financial Network Inc. lifted its position in shares of DuPont de Nemours by 3.7% in the 3rd quarter. Focus Financial Network Inc. now owns 3,973 shares of the basic materials company’s stock worth $354,000 after buying an additional 143 shares during the last quarter. Finally, Busey Bank boosted its holdings in shares of DuPont de Nemours by 4.7% in the 3rd quarter. Busey Bank now owns 3,243 shares of the basic materials company’s stock valued at $289,000 after buying an additional 145 shares during the period. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

DuPont de Nemours Trading Up 0.1 %

Shares of NYSE:DD opened at $76.59 on Friday. DuPont de Nemours, Inc. has a twelve month low of $61.14 and a twelve month high of $90.06. The company has a current ratio of 2.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.29. The firm has a market cap of $32.01 billion, a P/E ratio of 40.31, a P/E/G ratio of 1.70 and a beta of 1.35. The company has a 50 day moving average of $78.58 and a 200-day moving average of $81.25.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.15. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The firm had revenue of $3.19 billion during the quarter, compared to analyst estimates of $3.20 billion. During the same period last year, the company posted $0.92 EPS. The firm’s quarterly revenue was up 4.4% on a year-over-year basis. As a group, analysts anticipate that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on DD shares. Wells Fargo & Company raised their target price 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. Wolfe Research raised DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price target on the stock in a report on Friday, January 17th. Morgan Stanley upped their price objective on 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. BMO Capital Markets dropped their target price on DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating on the stock in a research report on Thursday, January 16th. Finally, StockNews.com raised shares of DuPont de Nemours from a “hold” rating to a “buy” rating in a report on Tuesday, January 21st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average 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.