New Mexico Educational Retirement Board Sells 500 Shares of DuPont de Nemours, Inc. (NYSE:DD)

New Mexico Educational Retirement Board lessened its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 2.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,947 shares of the basic materials company’s stock after selling 500 shares during the quarter. New Mexico Educational Retirement Board’s holdings in DuPont de Nemours were worth $1,521,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Fortitude Family Office LLC raised its stake in 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 purchasing an additional 132 shares during the period. Global Trust Asset Management LLC increased its stake in DuPont de Nemours by 1.5% in the 4th quarter. Global Trust Asset Management LLC now owns 9,227 shares of the basic materials company’s stock worth $704,000 after acquiring an additional 133 shares during the last quarter. Avior Wealth Management LLC increased its stake in 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 acquiring an additional 137 shares during the last quarter. Focus Financial Network Inc. increased its stake in 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 acquiring an additional 143 shares during the last quarter. Finally, Busey Bank increased its stake in DuPont de Nemours by 4.7% in the 3rd quarter. Busey Bank now owns 3,243 shares of the basic materials company’s stock worth $289,000 after acquiring an additional 145 shares during the last quarter. Institutional investors own 73.96% of the company’s stock.

Analyst Ratings Changes

DD has been the topic of a number of research reports. BMO Capital Markets lifted their price objective on DuPont de Nemours from $105.00 to $112.00 and gave the stock an “outperform” rating in a research note on Thursday. Wells Fargo & Company reduced their price objective on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 12th. Wolfe Research upgraded DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 target price for the company in a report on Friday, January 17th. Royal Bank of Canada dropped their target price on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a report on Monday, February 10th. Finally, Morgan Stanley lifted their target price on DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a report on Monday, October 21st. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $98.75.

DuPont de Nemours Price Performance

DD opened at $83.31 on Monday. The business has a fifty day moving average of $77.59 and a 200 day moving average of $81.11. DuPont de Nemours, Inc. has a 52-week low of $67.70 and a 52-week high of $90.06. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29. The stock 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.

DuPont de Nemours (NYSE:DD) last issued its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share for the quarter, topping 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%. As a group, sell-side analysts anticipate 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.