Mutual Advisors LLC Has $796,000 Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Mutual Advisors LLC boosted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 112.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,381 shares of the basic materials company’s stock after acquiring an additional 5,495 shares during the quarter. Mutual Advisors LLC’s holdings in DuPont de Nemours were worth $796,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. State Street Corp lifted its holdings in shares of DuPont de Nemours by 2.4% during the 3rd quarter. State Street Corp now owns 16,983,109 shares of the basic materials company’s stock valued at $1,513,365,000 after buying an additional 399,728 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of DuPont de Nemours by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 9,952,115 shares of the basic materials company’s stock valued at $883,821,000 after buying an additional 100,198 shares during the last quarter. Franklin Resources Inc. lifted its holdings in shares of DuPont de Nemours by 9.8% during the 3rd quarter. Franklin Resources Inc. now owns 6,410,485 shares of the basic materials company’s stock valued at $556,751,000 after buying an additional 570,703 shares during the last quarter. Legal & General Group Plc lifted its holdings in shares of DuPont de Nemours by 0.7% during the 2nd quarter. Legal & General Group Plc now owns 3,863,144 shares of the basic materials company’s stock valued at $310,945,000 after buying an additional 25,857 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of DuPont de Nemours by 1.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,777,478 shares of the basic materials company’s stock valued at $247,501,000 after acquiring an additional 39,189 shares in the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Stock Performance

DD opened at $77.28 on Monday. The stock has a market cap of $32.30 billion, a PE ratio of 40.67, a P/E/G ratio of 1.70 and a beta of 1.35. The company has a current ratio of 2.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.29. DuPont de Nemours, Inc. has a 1 year low of $61.14 and a 1 year high of $90.06. The stock’s 50 day simple moving average is $79.02 and its 200-day simple moving average is $81.37.

DuPont de Nemours (NYSE:DD) last released 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. The business had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $3.20 billion. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. DuPont de Nemours’s quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.92 earnings per share. Sell-side analysts forecast that DuPont de Nemours, Inc. will post 3.91 EPS for the current year.

Analyst Upgrades and Downgrades

DD has been the topic of a number of recent analyst reports. Morgan Stanley raised their price objective on DuPont de Nemours from $88.00 to $94.00 and gave the company an “equal weight” rating in a research note on Monday, October 21st. Wells Fargo & Company raised their price objective on DuPont de Nemours from $105.00 to $107.00 and gave the company an “overweight” rating in a research note on Wednesday, November 6th. Royal Bank of Canada raised their price objective 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. Wolfe Research raised DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price objective on the stock in a research note on Friday, January 17th. Finally, StockNews.com raised DuPont de Nemours from a “hold” rating to a “buy” rating in a research note on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, DuPont de Nemours presently has an average rating of “Moderate Buy” and a consensus 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.