Encompass More Asset Management Has $352,000 Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Encompass More Asset Management boosted its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 29.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,615 shares of the basic materials company’s stock after purchasing an additional 1,045 shares during the quarter. Encompass More Asset Management’s holdings in DuPont de Nemours were worth $352,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Merit Financial Group LLC increased its stake in DuPont de Nemours by 36.4% in the fourth quarter. Merit Financial Group LLC now owns 18,496 shares of the basic materials company’s stock valued at $1,410,000 after acquiring an additional 4,939 shares during the last quarter. Jennison Associates LLC boosted its holdings in shares of DuPont de Nemours by 2.0% in the 3rd quarter. Jennison Associates LLC now owns 491,028 shares of the basic materials company’s stock valued at $43,756,000 after purchasing an additional 9,730 shares in the last quarter. Principal Financial Group Inc. increased its stake in shares of DuPont de Nemours by 4.6% in the 3rd quarter. Principal Financial Group Inc. now owns 490,704 shares of the basic materials company’s stock valued at $43,727,000 after purchasing an additional 21,435 shares during the last quarter. Oppenheimer & Co. Inc. raised its holdings in shares of DuPont de Nemours by 38.4% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 36,082 shares of the basic materials company’s stock worth $3,215,000 after buying an additional 10,012 shares in the last quarter. Finally, Fiduciary Alliance LLC bought a new stake in shares of DuPont de Nemours during the 4th quarter worth $249,000. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Price Performance

DD stock opened at $77.28 on Friday. The company has a current ratio of 2.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.29. The firm’s 50-day moving average price is $79.02 and its two-hundred day moving average price is $81.34. The stock has a market capitalization of $32.30 billion, a price-to-earnings ratio of 40.67, a PEG ratio of 1.70 and a beta of 1.35. DuPont de Nemours, Inc. has a 12-month low of $61.14 and a 12-month high of $90.06.

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. BMO Capital Markets decreased 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 report on Thursday, January 16th. 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 report on Wednesday, November 6th. 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 report on Friday, January 17th. 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 report on Wednesday, November 6th. Finally, Citigroup cut their price target on 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. One research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus 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.