5,023 Shares in DuPont de Nemours, Inc. (NYSE:DD) Purchased by Kentucky Trust Co

Kentucky Trust Co acquired a new stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 5,023 shares of the basic materials company's stock, valued at approximately $383,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hager Investment Management Services LLC acquired a new stake in DuPont de Nemours in the fourth quarter valued at approximately $26,000. Byrne Asset Management LLC acquired a new stake in DuPont de Nemours in the fourth quarter valued at approximately $29,000. Golden State Wealth Management LLC acquired a new stake in DuPont de Nemours in the fourth quarter valued at approximately $33,000. R Squared Ltd acquired a new stake in DuPont de Nemours in the fourth quarter valued at approximately $37,000. Finally, Ashton Thomas Securities LLC acquired a new stake in DuPont de Nemours in the third quarter valued at approximately $38,000. 73.96% of the stock is currently owned by institutional investors.

DuPont de Nemours Stock Performance

DD traded down $0.74 on Friday, reaching $83.31. The stock had a trading volume of 2,916,054 shares, compared to its average volume of 2,162,100. DuPont de Nemours, Inc. has a 12-month low of $67.70 and a 12-month high of $90.06. 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 business's 50-day moving average price is $77.59 and its two-hundred day moving average price is $81.12. The company has a market cap of $34.82 billion, a P/E ratio of 43.85, a price-to-earnings-growth ratio of 1.70 and a beta of 1.34.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.98 by $0.15. DuPont de Nemours had a net margin of 6.35% and a return on equity of 6.64%. Sell-side analysts forecast that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Royal Bank of Canada lowered their target price on shares of 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. StockNews.com downgraded shares of DuPont de Nemours from a "buy" rating to a "hold" rating in a research note on Wednesday. Morgan Stanley lifted their price objective on shares of DuPont de Nemours from $88.00 to $94.00 and gave the stock an "equal weight" rating in a research note on Monday, October 21st. Wolfe Research upgraded shares of DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 price objective for the company in a research note on Friday, January 17th. Finally, Citigroup lifted their price objective 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. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average 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.