Golden State Wealth Management LLC Invests $33,000 in DuPont de Nemours, Inc. (NYSE:DD)

Golden State Wealth Management LLC purchased a new position in DuPont de Nemours, Inc. (NYSE:DD) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 434 shares of the basic materials company’s stock, valued at approximately $33,000.

A number of other institutional investors have also bought and sold shares of the business. Leo Wealth LLC raised its stake in DuPont de Nemours by 1.6% during the fourth quarter. Leo Wealth LLC now owns 10,263 shares of the basic materials company’s stock worth $783,000 after purchasing an additional 157 shares during the period. Choreo LLC increased its holdings in shares of DuPont de Nemours by 23.4% during the 4th quarter. Choreo LLC now owns 43,307 shares of the basic materials company’s stock worth $3,296,000 after buying an additional 8,205 shares during the last quarter. Confluence Wealth Services Inc. raised its position in shares of DuPont de Nemours by 1.8% during the 4th quarter. Confluence Wealth Services Inc. now owns 11,763 shares of the basic materials company’s stock valued at $920,000 after buying an additional 212 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in DuPont de Nemours by 38.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,691 shares of the basic materials company’s stock worth $2,810,000 after acquiring an additional 10,235 shares during the period. Finally, Hager Investment Management Services LLC acquired a new stake in DuPont de Nemours during the fourth quarter worth $26,000. 73.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DD has been the topic of several recent analyst reports. JPMorgan Chase & Co. decreased their price target on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 15th. Wolfe Research raised shares of DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 target price for the company in a research note on Friday, January 17th. 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 on the stock in a research note on Monday. BMO Capital Markets lowered their price objective 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. Finally, Barclays upped their price target on DuPont de Nemours from $84.00 to $85.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 6th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $97.42.

DuPont de Nemours Trading Up 6.8 %

NYSE:DD opened at $81.44 on Wednesday. DuPont de Nemours, Inc. has a 12-month low of $66.10 and a 12-month high of $90.06. The firm has a market cap of $34.04 billion, a PE ratio of 42.86, a price-to-earnings-growth ratio of 1.70 and a beta of 1.34. 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 stock has a fifty day moving average price of $77.54 and a 200 day moving average price of $81.08.

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