Czech National Bank Increases Stake in DuPont de Nemours, Inc. (NYSE:DD)

Czech National Bank lifted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DDFree Report) by 6.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 90,621 shares of the basic materials company’s stock after purchasing an additional 5,573 shares during the period. Czech National Bank’s holdings in DuPont de Nemours were worth $6,910,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in DD. Jennison Associates LLC grew its stake in shares of DuPont de Nemours by 2.0% during the third quarter. Jennison Associates LLC now owns 491,028 shares of the basic materials company’s stock valued at $43,756,000 after buying an additional 9,730 shares during the last quarter. Appian Way Asset Management LP purchased a new position in DuPont de Nemours in the 2nd quarter worth approximately $2,978,000. Principal Financial Group Inc. increased its stake in DuPont de Nemours by 4.6% in the 3rd quarter. Principal Financial Group Inc. now owns 490,704 shares of the basic materials company’s stock worth $43,727,000 after purchasing an additional 21,435 shares during the period. Oppenheimer & Co. Inc. lifted its position in DuPont de Nemours by 38.4% in the third quarter. Oppenheimer & Co. Inc. now owns 36,082 shares of the basic materials company’s stock valued at $3,215,000 after purchasing an additional 10,012 shares during the last quarter. Finally, KBC Group NV grew its holdings in shares of DuPont de Nemours by 17.6% in the third quarter. KBC Group NV now owns 73,765 shares of the basic materials company’s stock worth $6,573,000 after purchasing an additional 11,019 shares during the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

Shares of DuPont de Nemours stock opened at $75.31 on Wednesday. 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 $31.48 billion, a P/E ratio of 39.64, a P/E/G ratio of 1.95 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. The business has a fifty day simple moving average of $80.02 and a two-hundred day simple moving average of $81.47.

DuPont de Nemours (NYSE:DDGet Free Report) last issued its quarterly earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.15. The company had revenue of $3.19 billion during the quarter, compared to analysts’ expectations 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 revenue was up 4.4% on a year-over-year basis. During the same period last year, the company posted $0.92 EPS. On average, equities analysts forecast that DuPont de Nemours, Inc. will post 3.89 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on DD shares. Morgan Stanley upped their price target on shares of DuPont de Nemours from $88.00 to $94.00 and gave the company an “equal weight” rating in a report on Monday, October 21st. Royal Bank of Canada increased their target price on shares of DuPont de Nemours from $102.00 to $104.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Barclays boosted their price target on DuPont de Nemours from $84.00 to $85.00 and gave the company an “underweight” rating in a report on Wednesday, November 6th. StockNews.com cut DuPont de Nemours from a “buy” rating to a “hold” rating in a report on Monday. Finally, Citigroup reduced their target price on DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating on the stock in a research note on Wednesday, December 18th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $95.25.

Check Out Our Latest Report on DuPont de Nemours

DuPont de Nemours Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for DuPont de Nemours (NYSE:DD)

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