Roberts Wealth Advisors LLC Has $2.91 Million Stock Position in DuPont de Nemours, Inc. (NYSE:DD)

Roberts Wealth Advisors LLC lifted its stake in DuPont de Nemours, Inc. (NYSE:DD) by 1.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 38,126 shares of the basic materials company’s stock after purchasing an additional 500 shares during the quarter. Roberts Wealth Advisors LLC’s holdings in DuPont de Nemours were worth $2,907,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in DD. Strategic Investment Solutions Inc. IL bought a new position in DuPont de Nemours in the second quarter valued at about $27,000. Quarry LP acquired a new position in DuPont de Nemours during the 2nd quarter valued at about $37,000. Ashton Thomas Securities LLC acquired a new position in DuPont de Nemours during the 3rd quarter valued at about $38,000. FSA Wealth Management LLC bought a new position in shares of DuPont de Nemours in the 3rd quarter valued at about $39,000. Finally, True Wealth Design LLC grew its position in shares of DuPont de Nemours by 2,378.9% during the 3rd quarter. True Wealth Design LLC now owns 471 shares of the basic materials company’s stock worth $42,000 after buying an additional 452 shares during the period. 73.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on DD. Wells Fargo & Company raised their price objective on shares of DuPont de Nemours from $105.00 to $107.00 and gave the company an “overweight” rating in a research note on Wednesday, November 6th. Royal Bank of Canada raised their price target on DuPont de Nemours from $102.00 to $104.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. JPMorgan Chase & Co. dropped their price objective on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a report on Wednesday, January 15th. Wolfe Research upgraded 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. Finally, StockNews.com raised DuPont de Nemours from a “hold” rating to a “buy” rating in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, one has given a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, DuPont de Nemours has an average rating of “Moderate Buy” and an average target price of $98.00.

DuPont de Nemours Stock Performance

Shares of DD opened at $78.43 on Wednesday. The firm’s 50 day moving average price is $79.33 and its two-hundred day moving average price is $81.41. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 2.28. DuPont de Nemours, Inc. has a twelve month low of $61.14 and a twelve month high of $90.06. The firm has a market cap of $32.78 billion, a P/E ratio of 41.28, a PEG ratio of 1.69 and a beta of 1.35.

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

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.