Kessler Investment Group LLC Has $8.23 Million Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Kessler Investment Group LLC trimmed its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 0.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 107,891 shares of the basic materials company’s stock after selling 269 shares during the quarter. DuPont de Nemours accounts for 3.9% of Kessler Investment Group LLC’s holdings, making the stock its 6th biggest position. Kessler Investment Group LLC’s holdings in DuPont de Nemours were worth $8,227,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Choreo LLC increased its stake in DuPont de Nemours by 23.4% during the 4th quarter. Choreo LLC now owns 43,307 shares of the basic materials company’s stock worth $3,296,000 after purchasing an additional 8,205 shares in the last quarter. Merit Financial Group LLC increased its stake in DuPont de Nemours by 36.4% during the 4th quarter. Merit Financial Group LLC now owns 18,496 shares of the basic materials company’s stock worth $1,410,000 after purchasing an additional 4,939 shares in the last quarter. Jennison Associates LLC increased its stake in DuPont de Nemours by 2.0% during the 3rd quarter. Jennison Associates LLC now owns 491,028 shares of the basic materials company’s stock worth $43,756,000 after purchasing an additional 9,730 shares in the last quarter. Principal Financial Group Inc. boosted its position in DuPont de Nemours by 4.6% during the 3rd quarter. Principal Financial Group Inc. now owns 490,704 shares of the basic materials company’s stock worth $43,727,000 after acquiring an additional 21,435 shares during the last quarter. Finally, Oppenheimer & Co. Inc. boosted its position in DuPont de Nemours by 38.4% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 36,082 shares of the basic materials company’s stock worth $3,215,000 after acquiring an additional 10,012 shares during the last quarter. 73.96% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on DD shares. JPMorgan Chase & Co. reduced their price target on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research report on Wednesday, January 15th. StockNews.com downgraded DuPont de Nemours from a “buy” rating to a “hold” rating in a research report on Wednesday. Citigroup upped their price target on DuPont de Nemours from $88.00 to $95.00 and gave the stock a “buy” rating in a research report on Thursday. Morgan Stanley upped their price target on DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a research report on Monday, October 21st. Finally, Royal Bank of Canada reduced their price target on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research report on Monday, February 10th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, DuPont de Nemours presently has a consensus rating of “Moderate Buy” and a consensus target price of $98.75.

DuPont de Nemours Trading Down 0.9 %

Shares of DuPont de Nemours stock opened at $83.31 on Friday. The business has a fifty day simple moving average of $77.59 and a two-hundred day simple moving average of $81.12. DuPont de Nemours, Inc. has a 1 year low of $67.70 and a 1 year high of $90.06. The company has a market capitalization of $34.82 billion, a price-to-earnings ratio of 43.85, a P/E/G ratio of 1.70 and a beta of 1.34. 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 quarterly earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (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%. Research analysts forecast 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.