RNC Capital Management LLC Has $5.69 Million Stock Holdings in DuPont de Nemours, Inc. (NYSE:DD)

RNC Capital Management LLC lessened its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 1.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 74,602 shares of the basic materials company’s stock after selling 889 shares during the quarter. RNC Capital Management LLC’s holdings in DuPont de Nemours were worth $5,688,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Czech National Bank raised its stake in DuPont de Nemours by 6.7% in the 3rd quarter. Czech National Bank now owns 85,048 shares of the basic materials company’s stock worth $7,579,000 after purchasing an additional 5,374 shares in the last quarter. Atomi Financial Group Inc. raised its stake in DuPont de Nemours by 5.5% in the 3rd quarter. Atomi Financial Group Inc. now owns 11,295 shares of the basic materials company’s stock worth $1,007,000 after purchasing an additional 591 shares in the last quarter. Brookstone Capital Management raised its stake in DuPont de Nemours by 7.4% in the 3rd quarter. Brookstone Capital Management now owns 89,292 shares of the basic materials company’s stock worth $7,957,000 after purchasing an additional 6,122 shares in the last quarter. Strategic Wealth Partners Ltd. increased its holdings in DuPont de Nemours by 7.6% in the 3rd quarter. Strategic Wealth Partners Ltd. now owns 3,356 shares of the basic materials company’s stock valued at $299,000 after buying an additional 236 shares during the period. Finally, CWM LLC increased its holdings in DuPont de Nemours by 37.2% in the 3rd quarter. CWM LLC now owns 30,967 shares of the basic materials company’s stock valued at $2,759,000 after buying an additional 8,394 shares during the period. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Price Performance

DuPont de Nemours stock opened at $77.44 on Friday. 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 company has a market capitalization of $32.36 billion, a PE ratio of 40.76, a P/E/G ratio of 1.68 and a beta of 1.34. DuPont de Nemours, Inc. has a 12 month low of $65.74 and a 12 month high of $90.06. The stock has a 50-day moving average price of $77.88 and a two-hundred day moving average price of $81.11.

DuPont de Nemours (NYSE:DD) last posted its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same period last year, the company earned $0.92 earnings per share. The business’s quarterly revenue was up 4.4% on a year-over-year basis. Analysts expect that DuPont de Nemours, Inc. will post 3.91 EPS for the current year.

Analysts Set New Price Targets

Several research firms have commented on DD. Wolfe Research raised shares of DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 target price on the stock in a report on Friday, January 17th. Royal Bank of Canada raised their target price 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. Citigroup decreased their target price on shares of DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating on the stock in a report on Wednesday, December 18th. Morgan Stanley raised 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 report on Monday, October 21st. Finally, StockNews.com raised shares of DuPont de Nemours from a “hold” rating to a “buy” rating in a report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $98.00.

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.