Americana Partners LLC Invests $5.65 Million in DuPont de Nemours, Inc. (NYSE:DD)

Americana Partners LLC bought a new position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 74,155 shares of the basic materials company's stock, valued at approximately $5,654,000.

Other large investors have also made changes to their positions in the company. Choreo LLC grew its holdings in shares of DuPont de Nemours by 23.4% in the 4th quarter. Choreo LLC now owns 43,307 shares of the basic materials company's stock worth $3,296,000 after purchasing an additional 8,205 shares during the last quarter. Merit Financial Group LLC grew its holdings in DuPont de Nemours by 36.4% during the 4th quarter. Merit Financial Group LLC now owns 18,496 shares of the basic materials company's stock worth $1,410,000 after acquiring an additional 4,939 shares during the last quarter. Jennison Associates LLC grew its holdings in DuPont de Nemours by 2.0% during the 3rd quarter. Jennison Associates LLC now owns 491,028 shares of the basic materials company's stock worth $43,756,000 after acquiring an additional 9,730 shares during the last quarter. Principal Financial Group Inc. grew its holdings in DuPont de Nemours by 4.6% during the 3rd quarter. Principal Financial Group Inc. now owns 490,704 shares of the basic materials company's stock worth $43,727,000 after acquiring an additional 21,435 shares during the last quarter. Finally, Oppenheimer & Co. Inc. grew its holdings in DuPont de Nemours by 38.4% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 36,082 shares of the basic materials company's stock worth $3,215,000 after acquiring an additional 10,012 shares during the last quarter. Institutional investors own 73.96% of the company's stock.

DuPont de Nemours Trading Down 1.7 %

Shares of NYSE:DD traded down $1.42 during mid-day trading on Wednesday, reaching $82.90. The stock had a trading volume of 1,701,548 shares, compared to its average volume of 2,516,445. The firm has a market cap of $34.65 billion, a PE ratio of 49.69, a price-to-earnings-growth ratio of 2.16 and a beta of 1.34. The firm has a 50 day simple moving average of $77.63 and a two-hundred day simple moving average of $81.15. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.22. DuPont de Nemours, Inc. has a twelve month low of $67.70 and a twelve month high of $90.06.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted 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 7.12% and a net margin of 5.47%. On average, research analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages 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 price objective on the stock in a report on Friday, January 17th. Wells Fargo & Company decreased their price objective on shares of DuPont de Nemours from $107.00 to $105.00 and set an "overweight" rating on the stock in a report on Wednesday, February 12th. Barclays raised shares of DuPont de Nemours from an "underweight" rating to an "equal weight" rating and increased their price objective for the stock from $85.00 to $89.00 in a report on Thursday, February 13th. Citigroup upped their target price on shares of DuPont de Nemours from $88.00 to $95.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. Finally, JPMorgan Chase & Co. cut their target price on shares of DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating on the stock in a research report on Wednesday, January 15th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $98.75.

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.