DuPont de Nemours, Inc. (NYSE:DD) Shares Acquired by Manchester Capital Management LLC

Manchester Capital Management LLC lifted its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 89.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 518 shares of the basic materials company’s stock after purchasing an additional 244 shares during the period. Manchester Capital Management LLC’s holdings in DuPont de Nemours were worth $40,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. State Street Corp lifted its stake in DuPont de Nemours by 2.4% during the third quarter. State Street Corp now owns 16,983,109 shares of the basic materials company’s stock worth $1,513,365,000 after purchasing an additional 399,728 shares during the last quarter. Geode Capital Management LLC lifted its stake in DuPont de Nemours by 1.0% during the third quarter. Geode Capital Management LLC now owns 9,952,115 shares of the basic materials company’s stock worth $883,821,000 after purchasing an additional 100,198 shares during the last quarter. Franklin Resources Inc. lifted its stake in DuPont de Nemours by 9.8% during the third quarter. Franklin Resources Inc. now owns 6,410,485 shares of the basic materials company’s stock worth $556,751,000 after purchasing an additional 570,703 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in DuPont de Nemours by 1.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,777,478 shares of the basic materials company’s stock worth $247,501,000 after purchasing an additional 39,189 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its stake in DuPont de Nemours by 22.7% during the third quarter. Jacobs Levy Equity Management Inc. now owns 1,976,736 shares of the basic materials company’s stock worth $176,147,000 after purchasing an additional 365,796 shares during the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on DD shares. Citigroup boosted their target price on DuPont de Nemours from $88.00 to $95.00 and gave the stock a “buy” rating in a research note on Thursday. Wolfe Research upgraded DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price objective for the company in a research note on Friday, January 17th. Barclays upgraded DuPont de Nemours from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $85.00 to $89.00 in a research note on Thursday. BMO Capital Markets boosted their price objective on DuPont de Nemours from $105.00 to $112.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, JPMorgan Chase & Co. reduced their price objective on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research note on Wednesday, January 15th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and a consensus target price of $98.75.

DuPont de Nemours Trading Down 0.9 %

NYSE:DD opened at $83.31 on Friday. The firm has a market cap of $34.82 billion, a P/E ratio of 43.85, a PEG ratio of 1.70 and a beta of 1.34. 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’s 50 day simple moving average is $77.59 and its 200-day simple moving average is $81.13. DuPont de Nemours, Inc. has a 12-month low of $67.70 and a 12-month high of $90.06.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.15. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. Equities analysts anticipate that DuPont de Nemours, Inc. will post 3.91 EPS for the current year.

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.