Steigerwald Gordon & Koch Inc. Grows Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Steigerwald Gordon & Koch Inc. boosted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 4.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 160,440 shares of the basic materials company’s stock after purchasing an additional 7,522 shares during the period. Steigerwald Gordon & Koch Inc.’s holdings in DuPont de Nemours were worth $12,234,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of DD. Zurich Insurance Group Ltd FI purchased a new stake in shares of DuPont de Nemours during the second quarter worth approximately $83,540,000. Assenagon Asset Management S.A. raised its position in DuPont de Nemours by 431.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,058,446 shares of the basic materials company’s stock worth $80,707,000 after buying an additional 859,333 shares during the last quarter. Franklin Resources Inc. lifted its stake in shares of DuPont de Nemours by 9.8% in the 3rd quarter. Franklin Resources Inc. now owns 6,410,485 shares of the basic materials company’s stock worth $556,751,000 after acquiring an additional 570,703 shares during the period. Zacks Investment Management purchased a new stake in shares of DuPont de Nemours in the third quarter valued at about $42,810,000. Finally, Two Sigma Advisers LP increased its stake in shares of DuPont de Nemours by 48.3% during the third quarter. Two Sigma Advisers LP now owns 1,415,900 shares of the basic materials company’s stock worth $126,171,000 after acquiring an additional 461,400 shares during the period. 73.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently commented on DD. 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. Barclays lifted their price target on DuPont de Nemours from $84.00 to $85.00 and gave the company an “underweight” rating in a research note on Wednesday, November 6th. Wells Fargo & Company increased their price objective on DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 6th. Royal Bank of Canada boosted their target price on shares of DuPont de Nemours from $102.00 to $104.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Finally, BMO Capital Markets lowered 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 research note on Thursday. One research 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’s stock. Based on data from MarketBeat.com, DuPont de Nemours has a consensus rating of “Moderate Buy” and an average target price of $98.00.

DuPont de Nemours Stock Performance

Shares of DD opened at $77.50 on Friday. DuPont de Nemours, Inc. has a 12-month low of $61.14 and a 12-month high of $90.06. The stock has a market cap of $32.39 billion, a P/E ratio of 40.79, a PEG ratio of 1.53 and a beta of 1.35. 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 company has a 50-day moving average of $79.53 and a two-hundred day moving average of $81.41.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings data 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. The firm had revenue of $3.19 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.92 EPS. As a group, research analysts predict that DuPont de Nemours, Inc. will post 3.91 EPS for the current fiscal year.

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.