Iams Wealth Management LLC Purchases 1,094 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Iams Wealth Management LLC lifted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 4.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,919 shares of the basic materials company’s stock after buying an additional 1,094 shares during the period. Iams Wealth Management LLC’s holdings in DuPont de Nemours were worth $1,824,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Strategic Investment Solutions Inc. IL acquired a new stake in DuPont de Nemours in the 2nd quarter valued at about $27,000. Quarry LP bought a new position in shares of DuPont de Nemours during the second quarter worth approximately $37,000. R Squared Ltd bought a new position in DuPont de Nemours in the fourth quarter valued at approximately $37,000. Ashton Thomas Securities LLC bought a new position in DuPont de Nemours in the third quarter valued at approximately $38,000. Finally, FSA Wealth Management LLC bought a new position in DuPont de Nemours in the third quarter valued at approximately $39,000. 73.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

DD has been the topic of a number of research analyst reports. Wolfe Research upgraded shares of 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. Citigroup dropped their target price on shares of DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating on the stock in a report on Wednesday, December 18th. Royal Bank of Canada boosted their target price on shares of DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. BMO Capital Markets dropped their target price on shares of DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating on the stock in a report on Thursday, January 16th. Finally, Wells Fargo & Company boosted their target price on shares of DuPont de Nemours from $105.00 to $107.00 and gave the company an “overweight” rating in a report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $98.00.

DuPont de Nemours Trading Down 0.5 %

Shares of DD opened at $76.31 on Wednesday. The stock has a market capitalization of $31.90 billion, a P/E ratio of 40.06, a PEG ratio of 1.70 and a beta of 1.35. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29. The firm has a fifty day simple moving average of $78.81 and a two-hundred day simple moving average of $81.31. DuPont de Nemours, Inc. has a twelve month low of $61.14 and a twelve month high of $90.06.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.15. The company had revenue of $3.19 billion during the quarter, compared to analyst estimates of $3.20 billion. DuPont de Nemours had a net margin of 6.35% and a return on equity of 6.64%. DuPont de Nemours’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period last year, the business earned $0.92 EPS. On average, research analysts anticipate 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.