Nisa Investment Advisors LLC Has $14.47 Million Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Nisa Investment Advisors LLC decreased its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 1.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 189,726 shares of the basic materials company’s stock after selling 3,265 shares during the period. Nisa Investment Advisors LLC’s holdings in DuPont de Nemours were worth $14,467,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Simon Quick Advisors LLC purchased a new position in DuPont de Nemours in the fourth quarter valued at about $449,000. Roberts Wealth Advisors LLC lifted its holdings in shares of DuPont de Nemours by 1.3% during the 4th quarter. Roberts Wealth Advisors LLC now owns 38,126 shares of the basic materials company’s stock valued at $2,907,000 after buying an additional 500 shares during the last quarter. Atomi Financial Group Inc. grew its stake in shares of DuPont de Nemours by 3.2% in the 4th quarter. Atomi Financial Group Inc. now owns 11,657 shares of the basic materials company’s stock valued at $889,000 after buying an additional 362 shares in the last quarter. First United Bank & Trust grew its stake in shares of DuPont de Nemours by 23.6% in the 4th quarter. First United Bank & Trust now owns 6,763 shares of the basic materials company’s stock valued at $516,000 after buying an additional 1,293 shares in the last quarter. Finally, Crossmark Global Holdings Inc. increased its holdings in DuPont de Nemours by 1.5% in the fourth quarter. Crossmark Global Holdings Inc. now owns 190,397 shares of the basic materials company’s stock worth $14,518,000 after buying an additional 2,755 shares during the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DD has been the subject of several recent research reports. Wells Fargo & Company boosted their target price on shares of DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 6th. JPMorgan Chase & Co. decreased their price objective on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a report on Wednesday, January 15th. BMO Capital Markets cut their target price on DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating on the stock in a report on Thursday, January 16th. Royal Bank of Canada upped 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. Finally, Wolfe Research raised DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price objective on the stock in a research note on Friday, January 17th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $98.00.

DuPont de Nemours Price Performance

NYSE:DD opened at $78.17 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.28 and a quick ratio of 1.49. DuPont de Nemours, Inc. has a one year low of $61.14 and a one year high of $90.06. The company has a fifty day moving average price of $79.11 and a 200 day moving average price of $81.36. The stock has a market cap of $32.67 billion, a P/E ratio of 41.14, a PEG ratio of 1.71 and a beta of 1.35.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data on Tuesday, November 5th. The basic materials company reported $1.18 EPS for the quarter, beating 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 business had revenue of $3.19 billion during the quarter, compared to analyst estimates of $3.20 billion. During the same quarter in the prior year, the business earned $0.92 earnings per share. The firm’s revenue for the quarter was up 4.4% on a year-over-year basis. Analysts anticipate that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current year.

DuPont de Nemours 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.