DuPont de Nemours (NYSE:DD) Upgraded to Equal Weight at Barclays

Barclays upgraded shares of DuPont de Nemours (NYSE:DD - Free Report) from an underweight rating to an equal weight rating in a report published on Thursday, Marketbeat.com reports. Barclays currently has $89.00 target price on the basic materials company's stock, up from their prior target price of $85.00.

Other equities research analysts have also issued research reports about the stock. Citigroup dropped their price objective on shares of DuPont de Nemours from $92.00 to $88.00 in a research note on Monday, February 10th. Morgan Stanley boosted 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. Wolfe Research raised DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 target price on the stock in a research report on Friday, January 17th. StockNews.com cut shares of DuPont de Nemours from a "buy" rating to a "hold" rating in a research report on Wednesday, February 12th. Finally, Royal Bank of Canada reduced 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 Monday, February 10th. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat.com, DuPont de Nemours presently has a consensus rating of "Moderate Buy" and a consensus price target of $98.75.

DuPont de Nemours Stock Performance

Shares of DuPont de Nemours stock traded down $0.74 on Thursday, reaching $83.31. 2,916,054 shares of the stock were exchanged, compared to its average volume of 2,162,100. 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 has a 1-year low of $67.70 and a 1-year high of $90.06. The firm has a market capitalization of $34.82 billion, a PE ratio of 43.85, a PEG ratio of 1.70 and a beta of 1.34. The business has a fifty day moving average price of $77.59 and a two-hundred day moving average price of $81.11.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, topping 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%. As a group, research analysts anticipate that DuPont de Nemours will post 3.91 earnings per share for the current fiscal year.

Institutional Trading of DuPont de Nemours

Several institutional investors and hedge funds have recently made changes to their positions in DD. Hager Investment Management Services LLC bought a new stake in DuPont de Nemours during the fourth quarter worth about $26,000. Aster Capital Management DIFC Ltd increased its holdings in DuPont de Nemours by 479.4% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 365 shares of the basic materials company's stock valued at $28,000 after purchasing an additional 302 shares during the period. Byrne Asset Management LLC purchased a new stake in DuPont de Nemours in the fourth quarter worth $29,000. Vision Financial Markets LLC purchased a new position in shares of DuPont de Nemours during the fourth quarter valued at about $31,000. Finally, Ashton Thomas Securities LLC purchased a new position in shares of DuPont de Nemours in the 3rd quarter valued at approximately $38,000. Hedge funds and other institutional investors own 73.96% of the company's stock.

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.