Cutler Investment Counsel LLC Decreases Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Cutler Investment Counsel LLC reduced its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 2.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,878 shares of the basic materials company's stock after selling 3,027 shares during the quarter. Cutler Investment Counsel LLC's holdings in DuPont de Nemours were worth $7,997,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hager Investment Management Services LLC acquired a new position in DuPont de Nemours in the fourth quarter valued at $26,000. Byrne Asset Management LLC acquired a new position in DuPont de Nemours in the fourth quarter valued at $29,000. Ashton Thomas Securities LLC acquired a new position in DuPont de Nemours in the third quarter valued at $38,000. Golden State Wealth Management LLC acquired a new position in DuPont de Nemours in the fourth quarter valued at $33,000. Finally, FSA Wealth Management LLC acquired a new position in DuPont de Nemours in the third quarter valued at $39,000. 73.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently issued reports on DD shares. Citigroup boosted their price target on shares of DuPont de Nemours from $88.00 to $95.00 and gave the stock a "buy" rating in a research note on Thursday, February 13th. JPMorgan Chase & Co. dropped their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating on the stock in a research note on Wednesday, January 15th. BMO Capital Markets boosted their price target on shares of DuPont de Nemours from $105.00 to $112.00 and gave the stock an "outperform" rating in a research note on Thursday, February 13th. Wells Fargo & Company decreased their price target on DuPont de Nemours from $107.00 to $105.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 12th. Finally, Royal Bank of Canada cut their price target on DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating for the company in a research note on Monday, February 10th. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $98.75.

DuPont de Nemours Trading Up 0.5 %

DD traded up $0.38 during trading on Thursday, hitting $82.80. The company's stock had a trading volume of 1,642,371 shares, compared to its average volume of 2,541,932. The firm's 50 day moving average price is $77.67 and its 200-day moving average price is $81.17. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.33 and a quick ratio of 0.88. The stock has a market cap of $34.62 billion, a PE ratio of 49.58, a PEG ratio of 2.19 and a beta of 1.34. DuPont de Nemours, Inc. has a twelve month low of $67.77 and a twelve month high of $90.06.

DuPont de Nemours (NYSE:DD - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share for the quarter, beating the consensus estimate 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, analysts expect that DuPont de Nemours, Inc. will post 4.38 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.