Hall Laurie J Trustee Decreases Stock Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Hall Laurie J Trustee lessened its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 6.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,620 shares of the basic materials company’s stock after selling 184 shares during the quarter. Hall Laurie J Trustee’s holdings in DuPont de Nemours were worth $200,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL purchased a new position in shares of DuPont de Nemours in the 2nd quarter valued at about $27,000. Ashton Thomas Securities LLC purchased a new position in DuPont de Nemours in the third quarter valued at approximately $38,000. FSA Wealth Management LLC acquired a new stake in DuPont de Nemours during the third quarter worth approximately $39,000. Quarry LP purchased a new stake in shares of DuPont de Nemours during the 2nd quarter worth approximately $37,000. Finally, True Wealth Design LLC boosted its holdings in shares of DuPont de Nemours by 2,378.9% in the 3rd quarter. True Wealth Design LLC now owns 471 shares of the basic materials company’s stock valued at $42,000 after buying an additional 452 shares in the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Stock Up 1.1 %

Shares of NYSE:DD opened at $77.50 on Monday. The company has a market cap of $32.39 billion, a price-to-earnings ratio of 40.79, a PEG ratio of 1.53 and a beta of 1.35. DuPont de Nemours, Inc. has a fifty-two week low of $61.14 and a fifty-two week high of $90.06. The firm’s 50-day simple moving average is $79.53 and its 200-day simple moving average is $81.42. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.15. The company had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.20 billion. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The firm’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.92 EPS. As a group, equities research analysts predict that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on DD shares. BMO Capital Markets reduced their price target on shares of DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating for the company in a research report on Thursday. Morgan Stanley lifted 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. JPMorgan Chase & Co. decreased their price objective on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a report on Wednesday, January 15th. Barclays lifted their target price on shares of DuPont de Nemours from $84.00 to $85.00 and gave the company an “underweight” rating in a report on Wednesday, November 6th. Finally, StockNews.com cut shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a research note on Monday, January 13th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $98.00.

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.