Affinity Wealth Management LLC Has $283,000 Stock Position in DuPont de Nemours, Inc. (NYSE:DD)

Affinity Wealth Management LLC boosted its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 23.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 3,717 shares of the basic materials company’s stock after buying an additional 718 shares during the quarter. Affinity Wealth Management LLC’s holdings in DuPont de Nemours were worth $283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the stock. Strategic Investment Solutions Inc. IL acquired a new position in shares of DuPont de Nemours during the second quarter valued at about $27,000. Ashton Thomas Securities LLC bought a new position in DuPont de Nemours during the third quarter valued at about $38,000. FSA Wealth Management LLC acquired a new position in DuPont de Nemours in the 3rd quarter valued at approximately $39,000. Quarry LP acquired a new position in DuPont de Nemours in the 2nd quarter valued at approximately $37,000. Finally, True Wealth Design LLC lifted its position in shares of DuPont de Nemours by 2,378.9% in the 3rd quarter. True Wealth Design LLC now owns 471 shares of the basic materials company’s stock worth $42,000 after acquiring an additional 452 shares during the period. 73.96% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently commented on DD shares. Barclays upped their target price on DuPont de Nemours from $84.00 to $85.00 and gave the company an “underweight” rating in a research note on Wednesday, November 6th. StockNews.com raised shares of DuPont de Nemours from a “hold” rating to a “buy” rating in a report on Tuesday, January 21st. BMO Capital Markets lowered 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 note on Thursday, January 16th. Wolfe Research upgraded shares of DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price target for the company in a research note on Friday, January 17th. Finally, Citigroup cut their target price on 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. One research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $98.00.

DuPont de Nemours Stock Performance

DuPont de Nemours stock opened at $77.28 on Friday. The stock has a 50-day simple moving average of $79.02 and a 200 day simple moving average of $81.36. The stock has a market capitalization of $32.30 billion, a price-to-earnings ratio of 40.67, a P/E/G ratio of 1.70 and a beta of 1.35. 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 12-month low of $61.14 and a 12-month high of $90.06.

DuPont de Nemours (NYSE:DD) last announced its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share for the quarter, topping 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 company had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same period in the previous year, the firm posted $0.92 earnings per share. The company’s revenue was up 4.4% on a year-over-year basis. On average, research 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.