DuPont de Nemours, Inc. (NYSE:DD) Shares Bought by Great Lakes Retirement Inc.

Great Lakes Retirement Inc. grew its stake in DuPont de Nemours, Inc. (NYSE:DD) by 4.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,822 shares of the basic materials company’s stock after acquiring an additional 973 shares during the quarter. Great Lakes Retirement Inc.’s holdings in DuPont de Nemours were worth $1,893,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Assenagon Asset Management S.A. increased its stake in DuPont de Nemours by 431.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,058,446 shares of the basic materials company’s stock worth $80,707,000 after acquiring an additional 859,333 shares during the last quarter. Franklin Resources Inc. increased its position in shares of DuPont de Nemours by 9.8% during the third quarter. Franklin Resources Inc. now owns 6,410,485 shares of the basic materials company’s stock valued at $556,751,000 after acquiring an additional 570,703 shares during the last quarter. Zacks Investment Management acquired a new position in shares of DuPont de Nemours in the 3rd quarter worth approximately $42,810,000. Two Sigma Advisers LP boosted its position in shares of DuPont de Nemours by 48.3% during the 3rd quarter. Two Sigma Advisers LP now owns 1,415,900 shares of the basic materials company’s stock worth $126,171,000 after purchasing an additional 461,400 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its stake in DuPont de Nemours by 164.9% during the third quarter. The Manufacturers Life Insurance Company now owns 718,019 shares of the basic materials company’s stock worth $63,983,000 after purchasing an additional 446,948 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on DD. Royal Bank of Canada decreased their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research report on Monday. Wolfe Research raised DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 target price for the company in a research note on Friday, January 17th. JPMorgan Chase & Co. lowered their price target 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. BMO Capital Markets cut their price objective on shares of DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating on the stock in a report on Thursday, January 16th. Finally, Barclays upped 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. 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’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $97.42.

DuPont de Nemours Trading Up 6.8 %

NYSE DD opened at $81.44 on Wednesday. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $34.04 billion, a P/E ratio of 42.86, a P/E/G ratio of 1.70 and a beta of 1.34. DuPont de Nemours, Inc. has a 52-week low of $66.10 and a 52-week high of $90.06. The firm has a 50-day moving average price of $77.54 and a 200 day moving average price of $81.08.

DuPont de Nemours (NYSE:DD) last issued its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.15. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. Equities research analysts expect that DuPont de Nemours, Inc. will post 3.91 EPS for the current year.

About DuPont de Nemours

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.