Park Avenue Securities LLC Purchases 178 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Park Avenue Securities LLC grew its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 1.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,644 shares of the basic materials company’s stock after buying an additional 178 shares during the period. Park Avenue Securities LLC’s holdings in DuPont de Nemours were worth $1,117,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. increased its position in DuPont de Nemours by 431.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,058,446 shares of the basic materials company’s stock worth $80,707,000 after buying an additional 859,333 shares during the period. Oak Thistle LLC bought a new position in DuPont de Nemours during the 4th quarter worth $942,000. SeaCrest Wealth Management LLC increased its position in shares of DuPont de Nemours by 8.9% in the fourth quarter. SeaCrest Wealth Management LLC now owns 10,354 shares of the basic materials company’s stock worth $789,000 after purchasing an additional 842 shares during the period. Courier Capital LLC increased its position in shares of DuPont de Nemours by 4.3% in the fourth quarter. Courier Capital LLC now owns 5,846 shares of the basic materials company’s stock worth $446,000 after purchasing an additional 239 shares during the period. Finally, Miracle Mile Advisors LLC increased its position in shares of DuPont de Nemours by 4.4% in the fourth quarter. Miracle Mile Advisors LLC now owns 13,915 shares of the basic materials company’s stock worth $1,061,000 after purchasing an additional 582 shares during the period. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

Shares of DD stock opened at $77.50 on Tuesday. The business’s 50-day moving average price is $79.41 and its 200-day moving average price is $81.41. DuPont de Nemours, Inc. has a 12 month low of $61.14 and a 12 month high of $90.06. The firm has a market capitalization of $32.39 billion, a price-to-earnings ratio of 40.79, a PEG ratio of 1.53 and a beta of 1.35. The company has a current ratio of 2.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.29.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings results on Tuesday, November 5th. The basic materials company reported $1.18 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.20 billion. During the same period last year, the firm posted $0.92 earnings per share. The business’s revenue for the quarter was up 4.4% on a year-over-year basis. Equities research analysts forecast that DuPont de Nemours, Inc. will post 3.91 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on DD. Morgan Stanley raised their price target on DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a research report on Monday, October 21st. Barclays raised their price target on DuPont de Nemours from $84.00 to $85.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 6th. BMO Capital Markets decreased their price target on DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating on the stock in a research report on Thursday, January 16th. Citigroup decreased their price target 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, Wolfe Research upgraded DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price target on the stock in a research report on Friday. One equities research 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.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $98.00.

DuPont de Nemours 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.