Roberts Wealth Advisors LLC Acquires 500 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Roberts Wealth Advisors LLC raised its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 1.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,126 shares of the basic materials company’s stock after buying an additional 500 shares during the period. Roberts Wealth Advisors LLC’s holdings in DuPont de Nemours were worth $2,907,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Strategic Investment Solutions Inc. IL acquired a new position in DuPont de Nemours in the 2nd quarter valued at $27,000. Quarry LP bought a new stake in DuPont de Nemours during the second quarter valued at about $37,000. Ashton Thomas Securities LLC acquired a new stake in shares of DuPont de Nemours in the third quarter valued at about $38,000. FSA Wealth Management LLC bought a new position in shares of DuPont de Nemours in the third quarter worth about $39,000. Finally, True Wealth Design LLC lifted its position in shares of DuPont de Nemours by 2,378.9% during the 3rd quarter. True Wealth Design LLC now owns 471 shares of the basic materials company’s stock worth $42,000 after purchasing an additional 452 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on DD shares. Wells Fargo & Company raised their target price on DuPont de Nemours from $105.00 to $107.00 and gave the company an “overweight” rating in a report on Wednesday, November 6th. Morgan Stanley boosted their target price on shares of 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. Royal Bank of Canada increased their price target on shares of DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. BMO Capital Markets dropped their price objective on shares of DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating on the stock in a report on Thursday, January 16th. Finally, JPMorgan Chase & Co. reduced their target price on shares of 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. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and an average target price of $98.00.

DuPont de Nemours Trading Up 1.2 %

DD stock opened at $78.43 on Wednesday. The business’s 50 day moving average is $79.33 and its 200-day moving average is $81.41. 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 firm has a market cap of $32.78 billion, a P/E ratio of 41.28, a P/E/G ratio of 1.69 and a beta of 1.35. DuPont de Nemours, Inc. has a 1-year low of $61.14 and a 1-year high of $90.06.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings data on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.15. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The company had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.20 billion. During the same period last year, the business earned $0.92 earnings per share. The business’s revenue was up 4.4% on a year-over-year basis. Equities analysts anticipate that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current fiscal 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.