KBC Group NV Grows Holdings in DuPont de Nemours, Inc. (NYSE:DD)

KBC Group NV boosted its stake in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 17.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 86,543 shares of the basic materials company's stock after acquiring an additional 12,778 shares during the period. KBC Group NV's holdings in DuPont de Nemours were worth $6,599,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL purchased a new stake in shares of DuPont de Nemours in the 2nd quarter worth about $27,000. Quarry LP purchased a new stake in shares of DuPont de Nemours in the 2nd quarter worth about $37,000. Ashton Thomas Securities LLC purchased a new stake in shares of DuPont de Nemours in the 3rd quarter worth about $38,000. FSA Wealth Management LLC purchased a new stake in shares of DuPont de Nemours in the 3rd quarter worth about $39,000. Finally, True Wealth Design LLC boosted its stake in DuPont de Nemours by 2,378.9% in the 3rd quarter. True Wealth Design LLC now owns 471 shares of the basic materials company's stock worth $42,000 after purchasing an additional 452 shares in the last quarter. Institutional investors own 73.96% of the company's stock.

Wall Street Analyst Weigh In

DD has been the topic of a number of analyst reports. Barclays upped their price target on shares of DuPont de Nemours from $84.00 to $85.00 and gave the stock an "underweight" rating in a research note on Wednesday, November 6th. Royal Bank of Canada upped their price target on shares of DuPont de Nemours from $102.00 to $104.00 and gave the stock an "outperform" rating in a research note on Thursday, November 7th. Citigroup dropped their price target on shares of DuPont de Nemours from $98.00 to $92.00 and set a "buy" rating on the stock in a research note on Wednesday, December 18th. StockNews.com upgraded shares of DuPont de Nemours from a "hold" rating to a "buy" rating in a research note on Tuesday, January 21st. 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 on the stock in a research note on Friday, January 17th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $98.00.

DuPont de Nemours Price Performance

DD opened at $76.59 on Friday. DuPont de Nemours, Inc. has a 52-week low of $61.14 and a 52-week high of $90.06. The stock has a market capitalization of $32.01 billion, a P/E ratio of 40.31, a P/E/G ratio of 1.70 and a beta of 1.35. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 2.28. The company's 50-day simple moving average is $78.58 and its two-hundred day simple moving average is $81.25.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its quarterly earnings results on Tuesday, November 5th. The basic materials company reported $1.18 EPS for the quarter, beating the consensus estimate of $1.03 by $0.15. DuPont de Nemours had a net margin of 6.35% and a return on equity of 6.64%. The firm had revenue of $3.19 billion during the quarter, compared to analyst estimates of $3.20 billion. During the same quarter in the prior year, the firm earned $0.92 EPS. The business's revenue for the quarter was up 4.4% compared to the same quarter last year. As a group, analysts predict that DuPont de Nemours, Inc. will post 3.91 EPS for the current year.

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.