DuPont de Nemours, Inc. (NYSE:DD) Position Increased by Pinnacle Bancorp Inc.

Pinnacle Bancorp Inc. boosted its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 47.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,240 shares of the basic materials company’s stock after purchasing an additional 400 shares during the quarter. Pinnacle Bancorp Inc.’s holdings in DuPont de Nemours were worth $95,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL bought a new position in DuPont de Nemours in the 2nd quarter worth about $27,000. Quarry LP bought a new position in DuPont de Nemours in the 2nd quarter worth approximately $37,000. Ashton Thomas Securities LLC bought a new position in DuPont de Nemours in the 3rd quarter worth approximately $38,000. FSA Wealth Management LLC acquired a new stake in DuPont de Nemours in the 3rd quarter valued at approximately $39,000. Finally, True Wealth Design LLC raised its stake in 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 valued at $42,000 after acquiring an additional 452 shares in the last quarter. 73.96% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Royal Bank of Canada increased their price target on DuPont de Nemours from $102.00 to $104.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. BMO Capital Markets dropped their price target on shares of DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating on the stock in a research report on Thursday. Barclays upped their price target on shares of DuPont de Nemours from $84.00 to $85.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 6th. Citigroup lowered their price objective on shares of DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating on the stock in a research note on Wednesday, December 18th. Finally, Wells Fargo & Company upped their target price on DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $98.64.

DuPont de Nemours Price Performance

DD stock opened at $76.64 on Friday. DuPont de Nemours, Inc. has a one year low of $61.14 and a one year high of $90.06. The firm has a 50-day moving average of $79.86 and a two-hundred day moving average of $81.44. The firm has a market capitalization of $32.03 billion, a PE ratio of 40.34, a P/E/G ratio of 1.53 and a beta of 1.35. The company has a current ratio of 2.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.29.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings results on Tuesday, November 5th. The basic materials company reported $1.18 EPS for the quarter, beating the consensus estimate 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 business had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same quarter in the prior year, the firm earned $0.92 EPS. The firm’s quarterly revenue was up 4.4% on a year-over-year basis. On average, analysts forecast that DuPont de Nemours, Inc. will post 3.91 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.