DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Mattern Wealth Management LLC

Mattern Wealth Management LLC trimmed its position in DuPont de Nemours, Inc. (NYSE:DD) by 10.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,742 shares of the basic materials company’s stock after selling 332 shares during the period. Mattern Wealth Management LLC’s holdings in DuPont de Nemours were worth $209,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DD. Lebenthal Global Advisors LLC raised its stake in shares of DuPont de Nemours by 11.5% in the fourth quarter. Lebenthal Global Advisors LLC now owns 8,516 shares of the basic materials company’s stock worth $649,000 after purchasing an additional 879 shares during the last quarter. Foundations Investment Advisors LLC raised its position in DuPont de Nemours by 10.9% during the 4th quarter. Foundations Investment Advisors LLC now owns 5,365 shares of the basic materials company’s stock worth $409,000 after buying an additional 528 shares during the last quarter. Cornerstone Wealth Group LLC raised its position in DuPont de Nemours by 17.8% during the 4th quarter. Cornerstone Wealth Group LLC now owns 3,682 shares of the basic materials company’s stock worth $281,000 after buying an additional 557 shares during the last quarter. KBC Group NV boosted its holdings in shares of DuPont de Nemours by 17.3% in the 4th quarter. KBC Group NV now owns 86,543 shares of the basic materials company’s stock valued at $6,599,000 after acquiring an additional 12,778 shares during the last quarter. Finally, Blue Trust Inc. boosted its holdings in shares of DuPont de Nemours by 6.8% in the 4th quarter. Blue Trust Inc. now owns 12,261 shares of the basic materials company’s stock valued at $935,000 after acquiring an additional 778 shares during the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. BMO Capital Markets decreased their target price on shares of DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating for the company in a research report on Thursday, January 16th. Wells Fargo & Company boosted their price objective on DuPont de Nemours from $105.00 to $107.00 and gave the company an “overweight” rating in a report on Wednesday, November 6th. JPMorgan Chase & Co. dropped their target price on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a report on Wednesday, January 15th. Citigroup lowered their price objective on DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating on the stock in a research report on Wednesday, December 18th. Finally, Barclays lifted their target price on shares of DuPont de Nemours from $84.00 to $85.00 and gave the company an “underweight” rating in a report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $98.00.

DuPont de Nemours Stock Down 1.0 %

Shares of NYSE DD opened at $76.60 on Tuesday. The firm has a market cap of $32.02 billion, a price-to-earnings ratio of 40.32, a price-to-earnings-growth ratio of 1.70 and a beta of 1.35. The company’s 50-day simple moving average is $78.92 and its 200-day simple moving average is $81.34. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29. DuPont de Nemours, Inc. has a 52-week low of $61.14 and a 52-week high of $90.06.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings data on Tuesday, November 5th. The basic materials company reported $1.18 EPS for the quarter, topping the consensus estimate 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 in the previous year, the business earned $0.92 EPS. DuPont de Nemours’s quarterly revenue was up 4.4% on a year-over-year basis. Equities analysts predict that DuPont de Nemours, Inc. will post 3.91 EPS for the current fiscal 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.