DuPont de Nemours, Inc. (NYSE:DD) Shares Bought by Mather Group LLC.

Mather Group LLC. grew its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 30.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,898 shares of the basic materials company’s stock after acquiring an additional 1,598 shares during the period. Mather Group LLC.’s holdings in DuPont de Nemours were worth $526,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Brown Lisle Cummings Inc. lifted its position in shares of DuPont de Nemours by 15.3% in the 4th quarter. Brown Lisle Cummings Inc. now owns 3,383 shares of the basic materials company’s stock worth $258,000 after buying an additional 450 shares during the last quarter. Tempus Wealth Planning LLC bought a new position in shares of DuPont de Nemours in the 4th quarter worth about $453,000. abrdn plc lifted its position in shares of DuPont de Nemours by 0.6% in the 4th quarter. abrdn plc now owns 452,502 shares of the basic materials company’s stock worth $34,374,000 after buying an additional 2,520 shares during the last quarter. Financial Life Planners bought a new position in shares of DuPont de Nemours in the 4th quarter worth about $51,000. Finally, Jennison Associates LLC lifted its position in shares of DuPont de Nemours by 0.3% in the 4th quarter. Jennison Associates LLC now owns 492,658 shares of the basic materials company’s stock worth $37,565,000 after buying an additional 1,630 shares during the last quarter. 73.96% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently weighed in on DD shares. JPMorgan Chase & Co. cut their price objective 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, January 15th. Barclays lifted their price objective on shares of DuPont de Nemours from $84.00 to $85.00 and gave the company an “underweight” rating in a research report on Wednesday, November 6th. StockNews.com upgraded shares of DuPont de Nemours from a “hold” rating to a “buy” rating in a research report on Tuesday, January 21st. BMO Capital Markets cut their price objective 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, January 16th. Finally, Royal Bank of Canada boosted their price target on shares of DuPont de Nemours from $102.00 to $104.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $98.00.

DuPont de Nemours Stock Performance

Shares of DD opened at $77.15 on Thursday. The firm’s 50 day moving average is $78.01 and its 200-day moving average is $81.13. The stock has a market capitalization of $32.24 billion, a P/E ratio of 40.60, a P/E/G ratio of 1.68 and a beta of 1.34. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.28 and a quick ratio of 1.49. DuPont de Nemours, Inc. has a 12-month low of $63.62 and a 12-month high of $90.06.

DuPont de Nemours (NYSE:DD) last released its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.15. The business had revenue of $3.19 billion for the quarter, compared to the consensus estimate of $3.20 billion. DuPont de Nemours had a net margin of 6.35% and a return on equity of 6.64%. The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period last year, the firm posted $0.92 earnings per share. Equities research analysts anticipate that DuPont de Nemours, Inc. will post 3.91 EPS for the current fiscal year.

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.