DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC lowered its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 3.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,480 shares of the basic materials company’s stock after selling 1,046 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in DuPont de Nemours were worth $1,943,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Hager Investment Management Services LLC acquired a new position in DuPont de Nemours in the fourth quarter worth $26,000. Byrne Asset Management LLC acquired a new position in DuPont de Nemours in the fourth quarter worth $29,000. Ashton Thomas Securities LLC acquired a new position in DuPont de Nemours in the third quarter worth $38,000. Golden State Wealth Management LLC acquired a new position in DuPont de Nemours in the fourth quarter worth $33,000. Finally, FSA Wealth Management LLC acquired a new position in DuPont de Nemours in the third quarter worth $39,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

Analysts Set New Price Targets

DD has been the subject of several recent research reports. JPMorgan Chase & Co. lowered 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 Wednesday, January 15th. BMO Capital Markets lowered 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, January 16th. Morgan Stanley upped their price target on shares of 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. Wells Fargo & Company upped their price target on shares of DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 6th. Finally, Wolfe Research upgraded shares of DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price target for the company in a research report on Friday, January 17th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $97.42.

DuPont de Nemours Price Performance

DD stock opened at $81.44 on Wednesday. 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 one year low of $66.10 and a one year high of $90.06. The firm has a market capitalization of $34.04 billion, a PE ratio of 42.86, a P/E/G ratio of 1.70 and a beta of 1.34. The firm has a 50-day moving average of $77.54 and a two-hundred day moving average 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 for the quarter, beating 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%. On average, analysts forecast that DuPont de Nemours, Inc. will post 3.91 earnings per share 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.