DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Sentry LLC

Sentry LLC lessened its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 3.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 5,833 shares of the basic materials company’s stock after selling 185 shares during the period. Sentry LLC’s holdings in DuPont de Nemours were worth $520,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Integrated Advisors Network LLC raised its stake in DuPont de Nemours by 24.2% in the 4th quarter. Integrated Advisors Network LLC now owns 4,486 shares of the basic materials company’s stock valued at $345,000 after purchasing an additional 874 shares during the last quarter. EP Wealth Advisors LLC lifted its stake in shares of DuPont de Nemours by 17.1% during the fourth quarter. EP Wealth Advisors LLC now owns 9,215 shares of the basic materials company’s stock valued at $709,000 after buying an additional 1,349 shares during the period. SageView Advisory Group LLC acquired a new stake in DuPont de Nemours during the fourth quarter worth approximately $352,000. HighPoint Advisor Group LLC acquired a new position in DuPont de Nemours in the 4th quarter valued at $1,093,000. Finally, Kapitalo Investimentos Ltda acquired a new stake in shares of DuPont de Nemours during the fourth quarter worth $116,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

DuPont de Nemours stock opened at $84.73 on Wednesday. The company has a market cap of $35.43 billion, a PE ratio of 103.33, a P/E/G ratio of 2.26 and a beta of 1.34. DuPont de Nemours, Inc. has a 12 month low of $61.14 and a 12 month high of $90.06. The company has a fifty day moving average price of $82.92 and a two-hundred day moving average price of $80.16. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.21 and a quick ratio of 1.44.

DuPont de Nemours (NYSE:DD) last posted its earnings results on Wednesday, July 31st. The basic materials company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.85 by $0.12. The company had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.05 billion. DuPont de Nemours had a return on equity of 6.31% and a net margin of 5.30%. The business’s revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.85 earnings per share. Research analysts expect that DuPont de Nemours, Inc. will post 3.76 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Royal Bank of Canada increased their target price on DuPont de Nemours from $87.00 to $102.00 and gave the stock an “outperform” rating in a research report on Monday, August 5th. Citigroup decreased their target price on shares of DuPont de Nemours from $95.00 to $94.00 and set a “buy” rating on the stock in a research report on Friday, July 12th. Barclays lowered shares of DuPont de Nemours from an “equal weight” rating to an “underweight” rating and dropped their price target for the stock from $88.00 to $84.00 in a research report on Monday, October 7th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of DuPont de Nemours from $92.00 to $98.00 and gave the company a “buy” rating in a report on Thursday, August 1st. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $94.91.

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.