DuPont de Nemours, Inc. (NYSE:DD) Shares Purchased by Creative Planning

Creative Planning raised its stake in shares of DuPont de Nemours, Inc. (NYSE:DD – Get Rating) by 18.2% during the third quarter, Holdings Channel.com reports. The institutional investor owned 81,411 shares of the basic materials company’s stock after buying an additional 12,519 shares during the period. Creative Planning’s holdings in DuPont de Nemours were worth $4,103,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Fairfield Bush & CO. purchased a new position in DuPont de Nemours in the first quarter valued at about $50,000. United Bank increased its position in shares of DuPont de Nemours by 7.6% during the first quarter. United Bank now owns 11,482 shares of the basic materials company’s stock worth $845,000 after acquiring an additional 810 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of DuPont de Nemours during the first quarter worth about $195,000. Blair William & Co. IL increased its position in shares of DuPont de Nemours by 0.9% during the first quarter. Blair William & Co. IL now owns 94,648 shares of the basic materials company’s stock worth $6,964,000 after acquiring an additional 866 shares during the last quarter. Finally, Prudential PLC acquired a new position in DuPont de Nemours in the first quarter worth about $821,000. Institutional investors and hedge funds own 71.91% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on DD shares. Deutsche Bank Aktiengesellschaft downgraded DuPont de Nemours from a “buy” rating to a “hold” rating and lifted their target price for the company from $75.00 to $80.00 in a research note on Tuesday, January 17th. Citigroup boosted their target price on DuPont de Nemours from $75.00 to $82.00 and gave the stock a “buy” rating in a report on Thursday, December 15th. Barclays dropped their target price on DuPont de Nemours from $64.00 to $61.00 in a report on Tuesday, October 11th. Mizuho upped their price target on DuPont de Nemours from $82.00 to $83.00 and gave the company a “buy” rating in a report on Thursday, January 12th. Finally, Argus upped their price target on DuPont de Nemours from $76.00 to $81.00 in a report on Monday, November 28th. Five investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $76.79.

DuPont de Nemours Trading Down 0.5 %

Shares of NYSE:DD opened at $74.94 on Wednesday. The stock has a market capitalization of $37.23 billion, a PE ratio of 20.70, a P/E/G ratio of 3.59 and a beta of 1.43. DuPont de Nemours, Inc. has a 1 year low of $49.52 and a 1 year high of $84.08. The firm has a fifty day moving average price of $70.71 and a 200 day moving average price of $62.05. The company has a current ratio of 2.39, a quick ratio of 1.99 and a debt-to-equity ratio of 0.41.

DuPont de Nemours (NYSE:DD – Get Rating) last issued its quarterly earnings data on Tuesday, November 8th. The basic materials company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.01. The firm had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.20 billion. DuPont de Nemours had a net margin of 13.02% and a return on equity of 6.95%. DuPont de Nemours’s revenue for the quarter was down 22.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.15 earnings per share. Analysts expect that DuPont de Nemours, Inc. will post 3.31 EPS for the current fiscal year.

DuPont de Nemours Company Profile

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DuPont de Nemours, Inc operates as a holding company engaged in the development of specialty materials, chemicals, and agricultural products. It operates through the following segments: Electronics & Industrial, Water & Protection, and Mobility & Materials. The Electronics & Industrial segment supplies differentiated materials and systems for a broad range of consumer electronics including mobile devices, television monitors, personal computers and electronics used in a variety of industries.