Hager Investment Management Services LLC Takes Position in DuPont de Nemours, Inc. (NYSE:DD)

Hager Investment Management Services LLC acquired a new position in DuPont de Nemours, Inc. (NYSE:DD) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 343 shares of the basic materials company’s stock, valued at approximately $26,000.

Other large investors also recently added to or reduced their stakes in the company. R Squared Ltd bought a new position in shares of DuPont de Nemours in the 4th quarter worth $37,000. Ashton Thomas Securities LLC bought a new position in DuPont de Nemours in the third quarter valued at $38,000. FSA Wealth Management LLC purchased a new stake in DuPont de Nemours during the third quarter valued at about $39,000. True Wealth Design LLC raised its position in DuPont de Nemours by 2,378.9% during the third quarter. True Wealth Design LLC now owns 471 shares of the basic materials company’s stock valued at $42,000 after purchasing an additional 452 shares in the last quarter. Finally, Albion Financial Group UT lifted its stake in DuPont de Nemours by 119.3% during the fourth quarter. Albion Financial Group UT now owns 590 shares of the basic materials company’s stock worth $45,000 after purchasing an additional 321 shares during the last quarter. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Up 0.2 %

Shares of NYSE:DD opened at $77.15 on Thursday. The firm 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 quick ratio of 1.49 and a current ratio of 2.28. The stock has a 50 day moving average price of $78.01 and a 200-day moving average price of $81.13. DuPont de Nemours, Inc. has a 52-week low of $63.62 and a 52-week high of $90.06.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings data on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarter in the prior year, the company earned $0.92 earnings per share. The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. As a group, equities research analysts anticipate that DuPont de Nemours, Inc. will post 3.91 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on DD. Wells Fargo & Company raised their price objective on DuPont de Nemours from $105.00 to $107.00 and gave the company an “overweight” rating in a report on Wednesday, November 6th. JPMorgan Chase & Co. decreased their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 15th. Royal Bank of Canada upped their price objective on shares of DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Citigroup decreased their target price on shares of DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating on the stock in a research report on Wednesday, December 18th. Finally, BMO Capital Markets cut their price target on shares of DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating for the company in a research report on Thursday, January 16th. One analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $98.00.

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.