Cardinal Capital Management Acquires 214 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Cardinal Capital Management boosted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 0.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 30,495 shares of the basic materials company’s stock after acquiring an additional 214 shares during the period. Cardinal Capital Management’s holdings in DuPont de Nemours were worth $2,325,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in DD. Hager Investment Management Services LLC bought a new position in shares of DuPont de Nemours in the 4th quarter valued at about $26,000. Byrne Asset Management LLC purchased a new stake in DuPont de Nemours during the fourth quarter valued at approximately $29,000. Ashton Thomas Securities LLC purchased a new position in shares of DuPont de Nemours in the 3rd quarter worth approximately $38,000. Golden State Wealth Management LLC purchased a new position in shares of DuPont de Nemours in the 4th quarter worth approximately $33,000. Finally, FSA Wealth Management LLC purchased a new stake in DuPont de Nemours during the 3rd quarter valued at $39,000. 73.96% of the stock is owned by hedge funds and other institutional investors.

DuPont de Nemours Price Performance

Shares of DD stock opened at $83.31 on Tuesday. DuPont de Nemours, Inc. has a twelve month low of $67.70 and a twelve month high of $90.06. 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 stock has a fifty day simple moving average of $77.58 and a two-hundred day simple moving average of $81.12. The stock has a market capitalization of $34.82 billion, a price-to-earnings ratio of 43.85, a P/E/G ratio of 1.70 and a beta of 1.34.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. On average, analysts predict that DuPont de Nemours, Inc. will post 3.91 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have commented on DD. Wells Fargo & Company dropped their price objective on shares of DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating for the company in a research note on Wednesday, February 12th. StockNews.com lowered shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a research report on Wednesday, February 12th. BMO Capital Markets boosted their target price on DuPont de Nemours from $105.00 to $112.00 and gave the company an “outperform” rating in a research report on Thursday, February 13th. Morgan Stanley increased their price target on DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a report on Monday, October 21st. Finally, Royal Bank of Canada dropped their price objective on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a report on Monday, February 10th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $98.75.

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.