DuPont de Nemours, Inc. (NYSE:DD) Holdings Reduced by Aviso Wealth Management

Aviso Wealth Management decreased its position in DuPont de Nemours, Inc. (NYSE:DD) by 13.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,658 shares of the basic materials company’s stock after selling 1,038 shares during the period. Aviso Wealth Management’s holdings in DuPont de Nemours were worth $536,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. TD Asset Management Inc lifted its position in shares of DuPont de Nemours by 16.4% in the 4th quarter. TD Asset Management Inc now owns 186,804 shares of the basic materials company’s stock valued at $14,371,000 after acquiring an additional 26,343 shares in the last quarter. Stifel Financial Corp lifted its position in DuPont de Nemours by 5.9% in the 4th quarter. Stifel Financial Corp now owns 272,830 shares of the basic materials company’s stock worth $20,989,000 after buying an additional 15,135 shares in the last quarter. Focus Financial Network Inc. ADV purchased a new stake in DuPont de Nemours in the 4th quarter worth approximately $318,000. Dorsey & Whitney Trust CO LLC lifted its position in DuPont de Nemours by 24.9% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 3,425 shares of the basic materials company’s stock worth $263,000 after buying an additional 683 shares in the last quarter. Finally, Bank of Nova Scotia lifted its position in DuPont de Nemours by 30.1% in the 4th quarter. Bank of Nova Scotia now owns 57,300 shares of the basic materials company’s stock worth $4,408,000 after buying an additional 13,267 shares in the last quarter. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

NYSE:DD opened at $89.54 on Friday. DuPont de Nemours, Inc. has a 1 year low of $61.14 and a 1 year high of $90.06. The firm’s fifty day simple moving average is $81.35 and its 200 day simple moving average is $79.15. The company has a current ratio of 2.21, a quick ratio of 1.44 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $37.40 billion, a PE ratio of 109.20, a PEG ratio of 2.23 and a beta of 1.33.

DuPont de Nemours (NYSE:DD) last posted its earnings results on Wednesday, July 31st. The basic materials company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.12. DuPont de Nemours had a net margin of 5.30% and a return on equity of 6.31%. The business had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same period last year, the business posted $0.85 EPS. DuPont de Nemours’s revenue was up 2.5% compared to the same quarter last year. On average, sell-side analysts anticipate that DuPont de Nemours, Inc. will post 3.74 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on DD shares. Citigroup cut their target price on shares of 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 increased their target price on shares of DuPont de Nemours from $87.00 to $102.00 and gave the stock an “outperform” rating in a research report on Monday, August 5th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of DuPont de Nemours from $92.00 to $98.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $95.00.

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.