Radnor Capital Management LLC Sells 873 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Radnor Capital Management LLC lessened its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 4.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 18,714 shares of the basic materials company’s stock after selling 873 shares during the period. Radnor Capital Management LLC’s holdings in DuPont de Nemours were worth $1,427,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Acadian Asset Management LLC raised its position in shares of DuPont de Nemours by 1,285.4% in the second quarter. Acadian Asset Management LLC now owns 12,372 shares of the basic materials company’s stock worth $993,000 after buying an additional 11,479 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of DuPont de Nemours by 26.7% in the 2nd quarter. American Century Companies Inc. now owns 96,073 shares of the basic materials company’s stock valued at $7,733,000 after acquiring an additional 20,266 shares in the last quarter. Oppenheimer & Co. Inc. boosted its position in shares of DuPont de Nemours by 74.6% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 26,070 shares of the basic materials company’s stock valued at $2,098,000 after acquiring an additional 11,137 shares during the last quarter. Thoroughbred Financial Services LLC purchased a new position in shares of DuPont de Nemours during the second quarter worth about $621,000. Finally, Rathbones Group PLC increased its position in shares of DuPont de Nemours by 2.9% in the second quarter. Rathbones Group PLC now owns 5,316 shares of the basic materials company’s stock worth $428,000 after purchasing an additional 151 shares during the last quarter. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on DD shares. 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 research report on Monday, October 21st. Wells Fargo & Company upped their target price on shares of DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 6th. Royal Bank of Canada increased their target price on DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Barclays lifted their price target on DuPont de Nemours from $84.00 to $85.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 6th. Finally, Citigroup decreased their price objective on DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating on the stock in a report on Wednesday, December 18th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $95.25.

DuPont de Nemours Stock Performance

NYSE:DD opened at $75.31 on Wednesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 2.28. DuPont de Nemours, Inc. has a fifty-two week low of $61.14 and a fifty-two week high of $90.06. The business has a 50 day moving average price of $80.02 and a 200-day moving average price of $81.47. The firm has a market cap of $31.48 billion, a PE ratio of 39.64, a price-to-earnings-growth ratio of 1.95 and a beta of 1.35.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.15. The business had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.20 billion. DuPont de Nemours had a net margin of 6.35% and a return on equity of 6.64%. The company’s revenue was up 4.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.92 EPS. Equities research analysts predict that DuPont de Nemours, Inc. will post 3.89 earnings per share for the current year.

DuPont de Nemours 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.