DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Burney Co.

Burney Co. reduced its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 5.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,475 shares of the basic materials company’s stock after selling 263 shares during the quarter. Burney Co.’s holdings in DuPont de Nemours were worth $341,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Laurel Wealth Advisors LLC grew its position in shares of DuPont de Nemours by 31.4% in the fourth quarter. Laurel Wealth Advisors LLC now owns 2,930 shares of the basic materials company’s stock valued at $223,000 after purchasing an additional 700 shares during the last quarter. Park Avenue Securities LLC boosted its position in DuPont de Nemours by 1.2% during the fourth quarter. Park Avenue Securities LLC now owns 14,644 shares of the basic materials company’s stock worth $1,117,000 after acquiring an additional 178 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in DuPont de Nemours by 431.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,058,446 shares of the basic materials company’s stock worth $80,707,000 after acquiring an additional 859,333 shares during the last quarter. Oak Thistle LLC acquired a new stake in DuPont de Nemours during the fourth quarter worth approximately $942,000. Finally, SeaCrest Wealth Management LLC boosted its position in DuPont de Nemours by 8.9% during the fourth quarter. SeaCrest Wealth Management LLC now owns 10,354 shares of the basic materials company’s stock worth $789,000 after acquiring an additional 842 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on DD shares. JPMorgan Chase & Co. decreased their target price on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a research report on Wednesday. Citigroup decreased 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 research report on Wednesday, December 18th. BMO Capital Markets decreased 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 research report on Thursday. 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. Finally, StockNews.com downgraded shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a research note on Monday, January 13th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $98.00.

DuPont de Nemours Price Performance

Shares of NYSE:DD opened at $77.50 on Friday. 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 fifty-two week low of $61.14 and a fifty-two week high of $90.06. The firm has a 50-day simple moving average of $79.53 and a 200 day simple moving average of $81.41. The company has a market cap of $32.39 billion, a PE ratio of 40.79, a P/E/G ratio of 1.53 and a beta of 1.35.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.15. DuPont de Nemours had a net margin of 6.35% and a return on equity of 6.64%. The business had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same quarter in the prior year, the firm earned $0.92 EPS. The company’s revenue for the quarter was up 4.4% compared to the same quarter last year. On average, sell-side analysts anticipate that DuPont de Nemours, Inc. will post 3.91 EPS for the current 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.