Clarius Group LLC Cuts Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Clarius Group LLC reduced its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 4.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,495 shares of the basic materials company’s stock after selling 226 shares during the quarter. Clarius Group LLC’s holdings in DuPont de Nemours were worth $343,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of DD. American Century Companies Inc. grew its holdings in DuPont de Nemours by 26.7% in the second quarter. American Century Companies Inc. now owns 96,073 shares of the basic materials company’s stock valued at $7,733,000 after purchasing an additional 20,266 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in DuPont de Nemours by 4.2% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 56,662 shares of the basic materials company’s stock valued at $4,553,000 after acquiring an additional 2,276 shares during the period. Intech Investment Management LLC increased its holdings in DuPont de Nemours by 47.7% in the 2nd quarter. Intech Investment Management LLC now owns 31,693 shares of the basic materials company’s stock worth $2,551,000 after acquiring an additional 10,232 shares in the last quarter. Brighton Jones LLC increased its holdings in DuPont de Nemours by 7.6% in the 2nd quarter. Brighton Jones LLC now owns 4,381 shares of the basic materials company’s stock worth $353,000 after acquiring an additional 309 shares in the last quarter. Finally, Sei Investments Co. raised its position in DuPont de Nemours by 11.3% during the second quarter. Sei Investments Co. now owns 370,915 shares of the basic materials company’s stock worth $29,852,000 after acquiring an additional 37,618 shares during the period. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Trading Up 1.1 %

DD opened at $77.50 on Monday. The business’s 50 day moving average price is $79.53 and its 200 day moving average price is $81.42. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 2.28. The stock has a market capitalization of $32.39 billion, a PE ratio of 40.79, a P/E/G ratio of 1.53 and a beta of 1.35. DuPont de Nemours, Inc. has a one year low of $61.14 and a one year high of $90.06.

DuPont de Nemours (NYSE:DD) last announced 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. The business had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.20 billion. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The company’s quarterly revenue was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.92 EPS. As a group, equities research analysts expect that DuPont de Nemours, Inc. will post 3.91 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently commented on DD shares. Wolfe Research raised shares of DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 target price for the company in a research note on Friday. Barclays increased their target price on DuPont de Nemours from $84.00 to $85.00 and gave the company an “underweight” rating in a report on Wednesday, November 6th. Wells Fargo & Company lifted their price target on DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 6th. Citigroup reduced their price objective on DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating for the company in a research note on Wednesday, December 18th. Finally, Morgan Stanley lifted their target price on shares of DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a research note on Monday, October 21st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $98.00.

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.