Fort Washington Investment Advisors Inc. OH Sells 100,092 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Fort Washington Investment Advisors Inc. OH lessened its stake in DuPont de Nemours, Inc. (NYSE:DD) by 5.6% in the fourth quarter, Holdings Channel reports. The firm owned 1,687,524 shares of the basic materials company’s stock after selling 100,092 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in DuPont de Nemours were worth $128,674,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of DD. Strategic Investment Solutions Inc. IL bought a new position in shares of DuPont de Nemours in the 2nd quarter valued at $27,000. Quarry LP acquired a new stake in DuPont de Nemours in the second quarter valued at about $37,000. Ashton Thomas Securities LLC bought a new position in DuPont de Nemours in the third quarter valued at about $38,000. FSA Wealth Management LLC acquired a new position in DuPont de Nemours during the third quarter worth about $39,000. Finally, True Wealth Design LLC lifted its holdings in shares of DuPont de Nemours by 2,378.9% in the third quarter. True Wealth Design LLC now owns 471 shares of the basic materials company’s stock worth $42,000 after acquiring an additional 452 shares during the last quarter. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Price Performance

Shares of DD opened at $78.43 on Wednesday. The business has a 50-day moving average of $79.33 and a 200-day moving average of $81.41. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.28 and a quick ratio of 1.49. The company has a market capitalization of $32.78 billion, a price-to-earnings ratio of 41.28, a price-to-earnings-growth ratio of 1.69 and a beta of 1.35. DuPont de Nemours, Inc. has a 1 year low of $61.14 and a 1 year high of $90.06.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $3.19 billion during the quarter, compared to analyst estimates of $3.20 billion. During the same quarter last year, the business earned $0.92 EPS. The company’s revenue was up 4.4% compared to the same quarter last year. As a group, equities research analysts anticipate that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on DD shares. Wolfe Research upgraded shares of DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price objective for the company in a research report on Friday, January 17th. Royal Bank of Canada upped their price target on shares of DuPont de Nemours from $102.00 to $104.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Wells Fargo & Company increased their price target on DuPont de Nemours from $105.00 to $107.00 and gave the company an “overweight” rating in a research note on Wednesday, November 6th. Barclays boosted their price objective on DuPont de Nemours from $84.00 to $85.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 6th. Finally, Citigroup dropped their target price on DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating for the company in a research report on Wednesday, December 18th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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.