Leo Wealth LLC Acquires 157 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Leo Wealth LLC raised its stake in DuPont de Nemours, Inc. (NYSE:DD) by 1.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,263 shares of the basic materials company’s stock after buying an additional 157 shares during the quarter. Leo Wealth LLC’s holdings in DuPont de Nemours were worth $783,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in DD. Choreo LLC boosted its position in shares of DuPont de Nemours by 23.4% during the fourth quarter. Choreo LLC now owns 43,307 shares of the basic materials company’s stock worth $3,296,000 after buying an additional 8,205 shares during the period. Confluence Wealth Services Inc. lifted its stake in DuPont de Nemours by 1.8% in the 4th quarter. Confluence Wealth Services Inc. now owns 11,763 shares of the basic materials company’s stock valued at $920,000 after acquiring an additional 212 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in DuPont de Nemours by 38.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,691 shares of the basic materials company’s stock worth $2,810,000 after acquiring an additional 10,235 shares during the last quarter. Hager Investment Management Services LLC bought a new position in shares of DuPont de Nemours during the 4th quarter worth approximately $26,000. Finally, E. Ohman J or Asset Management AB raised its holdings in shares of DuPont de Nemours by 10.0% in the fourth quarter. E. Ohman J or Asset Management AB now owns 18,695 shares of the basic materials company’s stock valued at $1,425,000 after purchasing an additional 1,700 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Trading Down 2.2 %

Shares of DuPont de Nemours stock opened at $75.76 on Friday. DuPont de Nemours, Inc. has a 1 year low of $65.93 and a 1 year high of $90.06. The company has a market capitalization of $31.66 billion, a price-to-earnings ratio of 39.87, a P/E/G ratio of 1.68 and a beta of 1.34. The business has a fifty day simple moving average of $77.72 and a two-hundred day simple moving average of $81.08. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.28 and a quick ratio of 1.49.

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 business had revenue of $3.19 billion during the quarter, compared to the consensus estimate 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 quarter in the previous year, the firm posted $0.92 EPS. Research analysts forecast that DuPont de Nemours, Inc. will post 3.91 EPS for the current year.

Wall Street Analysts Forecast Growth

DD has been the subject of several recent research reports. Citigroup reduced their target price on shares of DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating for the company in a report on Wednesday, December 18th. Morgan Stanley raised their price objective on DuPont de Nemours from $88.00 to $94.00 and gave the company an “equal weight” rating in a report on Monday, October 21st. 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 research report on Friday, January 17th. Barclays increased their price target on DuPont de Nemours from $84.00 to $85.00 and gave the company an “underweight” rating in a research report on Wednesday, November 6th. Finally, BMO Capital Markets lowered their price target 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. One investment analyst has rated the stock with a sell rating, one has given a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, DuPont de Nemours currently 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.