Sender Co & Partners Inc. Purchases New Position in DuPont de Nemours, Inc. (NYSE:DD)

Sender Co & Partners Inc. acquired a new stake in shares of DuPont de Nemours, Inc. (NYSE:DD) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 4,245 shares of the basic materials company’s stock, valued at approximately $342,000. DuPont de Nemours comprises approximately 0.4% of Sender Co & Partners Inc.’s investment portfolio, making the stock its 28th largest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. Mediolanum International Funds Ltd acquired a new stake in shares of DuPont de Nemours in the 1st quarter valued at $2,842,000. Red Mountain Financial LLC acquired a new stake in shares of DuPont de Nemours in the fourth quarter worth about $980,000. CIBC Private Wealth Group LLC boosted its stake in shares of DuPont de Nemours by 6.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 15,575 shares of the basic materials company’s stock worth $1,198,000 after acquiring an additional 982 shares in the last quarter. Beacon Financial Group acquired a new position in shares of DuPont de Nemours during the 4th quarter valued at about $2,310,000. Finally, Sequoia Financial Advisors LLC raised its stake in shares of DuPont de Nemours by 236.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 40,612 shares of the basic materials company’s stock valued at $3,269,000 after acquiring an additional 28,553 shares in the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

DD has been the subject of a number of recent analyst reports. Citigroup decreased their target price on DuPont de Nemours from $95.00 to $94.00 and set a “buy” rating for the company in a research report on Friday, July 12th. Royal Bank of Canada upped their price objective on shares of DuPont de Nemours from $87.00 to $102.00 and gave the stock an “outperform” rating in a report on Monday, August 5th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of DuPont de Nemours from $92.00 to $98.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. One analyst has rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $95.00.

DuPont de Nemours Stock Up 3.8 %

Shares of DD opened at $89.19 on Friday. DuPont de Nemours, Inc. has a 52 week low of $61.14 and a 52 week high of $89.41. The firm has a market capitalization of $37.25 billion, a P/E ratio of 108.77, a P/E/G ratio of 2.23 and a beta of 1.33. The company has a 50-day simple moving average of $81.15 and a 200-day simple moving average of $78.98. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.44 and a current ratio of 2.21.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data on Wednesday, July 31st. The basic materials company reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.12. The company had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.05 billion. DuPont de Nemours had a return on equity of 6.31% and a net margin of 5.30%. The company’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the company earned $0.85 EPS. On average, equities research analysts expect that DuPont de Nemours, Inc. will post 3.74 earnings per share for the current year.

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.