Ballentine Partners LLC Has $2.20 Million Stock Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Ballentine Partners LLC cut its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 25.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 28,796 shares of the basic materials company’s stock after selling 10,047 shares during the quarter. Ballentine Partners LLC’s holdings in DuPont de Nemours were worth $2,196,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Fortitude Family Office LLC raised its stake in shares of DuPont de Nemours by 32.0% during the 3rd quarter. Fortitude Family Office LLC now owns 544 shares of the basic materials company’s stock worth $48,000 after purchasing an additional 132 shares in the last quarter. Focus Financial Network Inc. increased its holdings in shares of DuPont de Nemours by 3.7% during the 3rd quarter. Focus Financial Network Inc. now owns 3,973 shares of the basic materials company’s stock worth $354,000 after acquiring an additional 143 shares during the last quarter. Busey Bank increased its holdings in shares of DuPont de Nemours by 4.7% during the 3rd quarter. Busey Bank now owns 3,243 shares of the basic materials company’s stock worth $289,000 after acquiring an additional 145 shares during the last quarter. GHP Investment Advisors Inc. increased its holdings in shares of DuPont de Nemours by 15.7% during the 3rd quarter. GHP Investment Advisors Inc. now owns 1,104 shares of the basic materials company’s stock worth $98,000 after acquiring an additional 150 shares during the last quarter. Finally, Axiom Advisory LLC increased its holdings in shares of DuPont de Nemours by 2.3% during the 3rd quarter. Axiom Advisory LLC now owns 6,784 shares of the basic materials company’s stock worth $605,000 after acquiring an additional 153 shares during the last quarter. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

DD opened at $78.43 on Wednesday. The firm has a market cap of $32.78 billion, a P/E ratio of 41.28, a price-to-earnings-growth ratio of 1.69 and a beta of 1.35. DuPont de Nemours, Inc. has a 52-week low of $61.14 and a 52-week high of $90.06. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 2.28. The business’s fifty day moving average is $79.33 and its 200-day moving average is $81.41.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data 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. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The business had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same period in the prior year, the company earned $0.92 EPS. DuPont de Nemours’s revenue for the quarter was up 4.4% on a year-over-year basis. Sell-side analysts expect that DuPont de Nemours, Inc. will post 3.91 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently weighed in on DD. Wolfe Research raised DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 target price on the stock in a report on Friday, January 17th. StockNews.com raised DuPont de Nemours from a “hold” rating to a “buy” rating in a report on Tuesday. 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 report on Wednesday, November 6th. Citigroup decreased their price objective on DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating on the stock in a report on Wednesday, December 18th. Finally, 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 report on Thursday, January 16th. One research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.