Avanza Fonder AB Buys Shares of 43,364 DuPont de Nemours, Inc. (NYSE:DD)

Avanza Fonder AB purchased a new position in shares of 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 (SEC). The firm purchased 43,364 shares of the basic materials company's stock, valued at approximately $3,307,000.

A number of other large investors also recently bought and sold shares of DD. Ritholtz Wealth Management grew its position in shares of DuPont de Nemours by 17.4% during the fourth quarter. Ritholtz Wealth Management now owns 2,998 shares of the basic materials company's stock worth $229,000 after acquiring an additional 445 shares during the last quarter. Carnegie Investment Counsel grew its stake in shares of DuPont de Nemours by 24.5% in the 4th quarter. Carnegie Investment Counsel now owns 5,648 shares of the basic materials company's stock worth $431,000 after purchasing an additional 1,110 shares during the last quarter. Pinnacle Bancorp Inc. lifted its position in shares of DuPont de Nemours by 47.6% during the 4th quarter. Pinnacle Bancorp Inc. now owns 1,240 shares of the basic materials company's stock valued at $95,000 after acquiring an additional 400 shares during the last quarter. Roble Belko & Company Inc boosted its position in shares of DuPont de Nemours by 27.7% in the 4th quarter. Roble Belko & Company Inc now owns 766 shares of the basic materials company's stock valued at $58,000 after purchasing an additional 166 shares during the period. Finally, Laurel Wealth Advisors LLC increased its position in shares of DuPont de Nemours by 31.4% in the fourth quarter. Laurel Wealth Advisors LLC now owns 2,930 shares of the basic materials company's stock worth $223,000 after acquiring an additional 700 shares in the last quarter. Institutional investors own 73.96% of the company's stock.

DuPont de Nemours Price Performance

DD stock traded up $0.84 during trading on Friday, hitting $77.50. 3,241,385 shares of the stock traded hands, compared to its average volume of 1,739,762. 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 stock has a market cap of $32.39 billion, a price-to-earnings ratio of 40.79, a P/E/G ratio of 1.53 and a beta of 1.35. DuPont de Nemours, Inc. has a one year low of $61.14 and a one year high of $90.06. The company has a 50 day simple moving average of $79.53 and a 200 day simple moving average of $81.39.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share for the quarter, beating analysts' consensus estimates 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 company had revenue of $3.19 billion during the quarter, compared to analyst estimates of $3.20 billion. During the same period last year, the company posted $0.92 earnings per share. The firm's quarterly revenue was up 4.4% compared to the same quarter last year. Equities analysts expect that DuPont de Nemours, Inc. will post 3.91 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently issued reports on DD. Wells Fargo & Company increased their price objective on DuPont de Nemours from $105.00 to $107.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 6th. StockNews.com lowered DuPont de Nemours from a "buy" rating to a "hold" rating in a report on Monday, January 13th. BMO Capital Markets decreased their price objective on shares of DuPont de Nemours from $107.00 to $105.00 and set an "outperform" rating for the company in a report on Thursday. Barclays raised their target price on DuPont de Nemours from $84.00 to $85.00 and gave the company an "underweight" rating in a report on Wednesday, November 6th. Finally, Citigroup dropped their price objective 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. One investment analyst has rated the stock with a sell rating, two have given a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $98.00.

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.