DuPont de Nemours (NYSE:DD) Upgraded at Barclays

Barclays upgraded shares of DuPont de Nemours (NYSE:DD) from an underweight rating to an equal weight rating in a research note published on Thursday morning, Marketbeat.com reports. They currently have $89.00 price objective on the basic materials company’s stock, up from their prior price objective of $85.00.

A number of other research analysts also recently commented on DD. Royal Bank of Canada dropped their target price 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 Monday, February 10th. Morgan Stanley lifted their target price on DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a research report on Monday, October 21st. JPMorgan Chase & Co. decreased their target price on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research report on Wednesday, January 15th. Wells Fargo & Company cut their price target on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating on the stock in a research report on Wednesday. Finally, StockNews.com cut DuPont de Nemours from a “buy” rating to a “hold” rating in a research note on Wednesday. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $98.75.

DuPont de Nemours Stock Down 0.9 %

DuPont de Nemours stock opened at $83.31 on Thursday. The stock has a market cap of $34.82 billion, a PE ratio of 43.85, a P/E/G ratio of 1.70 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. The stock’s fifty day moving average is $77.59 and its two-hundred day moving average is $81.13. DuPont de Nemours has a 1-year low of $67.70 and a 1-year high of $90.06.

DuPont de Nemours (NYSE:DD) last issued its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. On average, sell-side analysts expect that DuPont de Nemours will post 3.91 EPS for the current fiscal year.

Institutional Trading of DuPont de Nemours

Hedge funds have recently made changes to their positions in the company. Hager Investment Management Services LLC acquired a new stake in shares of DuPont de Nemours in the 4th quarter valued at approximately $26,000. Aster Capital Management DIFC Ltd lifted its holdings in DuPont de Nemours by 479.4% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 365 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 302 shares during the period. Byrne Asset Management LLC purchased a new stake in shares of DuPont de Nemours during the 4th quarter worth $29,000. Vision Financial Markets LLC acquired a new position in shares of DuPont de Nemours during the 4th quarter worth $31,000. Finally, Ashton Thomas Securities LLC purchased a new position in shares of DuPont de Nemours in the 3rd quarter valued at about $38,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

About DuPont de Nemours

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.