Trust Co. of Vermont trimmed its position in shares of DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 4.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 17,269 shares of the basic materials company’s stock after selling 713 shares during the quarter. Trust Co. of Vermont’s holdings in DuPont de Nemours were worth $1,317,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. State Street Corp grew its position in DuPont de Nemours by 2.4% during the 3rd quarter. State Street Corp now owns 16,983,109 shares of the basic materials company’s stock worth $1,513,365,000 after acquiring an additional 399,728 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of DuPont de Nemours by 1.0% during the third quarter. Geode Capital Management LLC now owns 9,952,115 shares of the basic materials company’s stock worth $883,821,000 after purchasing an additional 100,198 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of DuPont de Nemours by 9.8% in the third quarter. Franklin Resources Inc. now owns 6,410,485 shares of the basic materials company’s stock valued at $556,751,000 after buying an additional 570,703 shares in the last quarter. Legal & General Group Plc raised its holdings in shares of DuPont de Nemours by 0.7% in the second quarter. Legal & General Group Plc now owns 3,863,144 shares of the basic materials company’s stock valued at $310,945,000 after buying an additional 25,857 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in DuPont de Nemours by 1.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,777,478 shares of the basic materials company’s stock worth $247,501,000 after buying an additional 39,189 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.
DuPont de Nemours Stock Performance
Shares of DD stock opened at $77.50 on Friday. The stock has a 50-day moving average of $79.53 and a 200-day moving average of $81.41. DuPont de Nemours, Inc. has a one year low of $61.14 and a one year high of $90.06. The stock has a market cap of $32.39 billion, a PE ratio of 40.79, a price-to-earnings-growth ratio of 1.53 and a beta of 1.35. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.28 and a quick ratio of 1.49.
Analyst Ratings Changes
DD has been the subject of several research reports. Citigroup lowered their price objective on shares of DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating for the company in a research report on Wednesday, December 18th. JPMorgan Chase & Co. dropped their price objective on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research report on Wednesday. BMO Capital Markets decreased their price objective on DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating on the stock in a research report on Thursday. Wells Fargo & Company boosted their target price on DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 6th. Finally, Royal Bank of Canada raised their price target on DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, two have given a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $98.00.
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.
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