Stephens Inc. AR Trims Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Stephens Inc. AR lowered its position in DuPont de Nemours, Inc. (NYSE:DD) by 10.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,508 shares of the basic materials company’s stock after selling 1,385 shares during the period. Stephens Inc. AR’s holdings in DuPont de Nemours were worth $954,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Ritholtz Wealth Management acquired a new stake in shares of DuPont de Nemours in the third quarter worth $227,000. Exchange Traded Concepts LLC boosted its holdings in DuPont de Nemours by 793.2% in the third quarter. Exchange Traded Concepts LLC now owns 1,045 shares of the basic materials company’s stock valued at $93,000 after purchasing an additional 928 shares during the last quarter. Creative Planning grew its position in DuPont de Nemours by 1.1% during the 3rd quarter. Creative Planning now owns 105,327 shares of the basic materials company’s stock worth $9,386,000 after purchasing an additional 1,161 shares during the period. SeaCrest Wealth Management LLC raised its stake in shares of DuPont de Nemours by 7.1% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 9,512 shares of the basic materials company’s stock valued at $848,000 after buying an additional 632 shares during the last quarter. Finally, Sumitomo Life Insurance Co. lifted its holdings in shares of DuPont de Nemours by 2.8% in the 3rd quarter. Sumitomo Life Insurance Co. now owns 14,109 shares of the basic materials company’s stock valued at $1,257,000 after buying an additional 385 shares during the period. Institutional investors and hedge funds own 73.96% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on DD shares. Citigroup raised their target price on DuPont de Nemours from $88.00 to $95.00 and gave the stock a “buy” rating in a report on Thursday. StockNews.com cut shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a research note on Wednesday. Morgan Stanley lifted their target price on shares of DuPont de Nemours from $88.00 to $94.00 and gave the company an “equal weight” rating in a report on Monday, October 21st. Royal Bank of Canada lowered their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a report on Monday. Finally, Wells Fargo & Company cut their price objective on shares of DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating for the company in a report on Wednesday. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $98.75.

DuPont de Nemours Trading Up 3.0 %

DD stock opened at $84.20 on Friday. DuPont de Nemours, Inc. has a 12-month low of $66.60 and a 12-month high of $90.06. The business’s 50-day moving average is $77.58 and its 200 day moving average is $81.11. 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 stock has a market cap of $35.19 billion, a price-to-earnings ratio of 44.31, a PEG ratio of 1.70 and a beta of 1.34.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, beating the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. On average, sell-side analysts anticipate that DuPont de Nemours, Inc. will post 3.91 EPS for the current fiscal 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.