What’s behind Industrial Alliance’s DuPont de Nemours share sell-off?

Industrial Alliance Investment Management Inc. sold 1.0% of its stake in DuPont de Nemours Inc. during Q3, according to a Securities and Exchange Commission filing. After the sale of 1,540 shares, Industrial Alliance Investment Management’s stake was reduced to 145,540 shares with an estimated value of $7.34m. Other institutional investors such as Massachusetts Financial Services Co., Bank of Montreal, Barrow Hanley Mewhinney & Strauss, and Mondrian Investment Partners have also modified their holdings in the stock. DuPont de Nemours’ stock opened at $67.84, which is down by 3.5%, and the company has a market capitalisation of $31.09bn. It has a current ratio of 3.02, a ratio of 2.40, and a debt-to-equity ratio of 0.29. DuPont de Nemours recently raised its quarterly dividend to $0.36 per share.

DuPont de Nemours Increases Dividend

Industrial Alliance Investment Management Inc. sold 1.0% of its stake in DuPont Inc. during Q3, according to a Securities and Exchange Commission filing. After the sale of 1,540 shares, Industrial Alliance Investment Management’s stake was reduced to 145,540 shares with an estimated value of $7.34m. Other institutional investors such as Massachusetts Financial Services Co., Bank of Montreal, Barrow Hanley Mewhinney & Strauss, and Mondrian Investment Partners have also modified their holdings in the stock. DuPont de Nemours’ stock opened at $67.84, which is down by 3.5%, and the company has a market capitalisation of $31.09bn. It has a financial ratio of 3.02, a quick NYE:DD financial ratio of 2.40, and a debt-to-equity ratio of 0.29. DuPont recently raised its quarterly dividend to $0.36 per share.

Current Stock Performance

As of writing, the current stock price of Dupont De Nemours Inc. is USD 67.84. This represents a decrease of -5.91% over the past week, -11.13% over the past month, and -5.61% over the past year. This decline in stock performance is a cause for concern for investors.

Analysts’ Predictions

According to 11 top analysts, the average target price for Dupont De Nemours Inc. over the next 12 months is USD 76.50. This suggests a potential upside of 12.8% from the current stock price. Furthermore, the average rating given by these analysts is Strong Buy. This indicates a high level of confidence in the company’s future performance.

On the other hand, Stock Target Advisor’s analysis of Dupont De Nemours Inc.’s stock is Slightly Bearish. This analysis is based on 6 positive signals and 12 negative signals. The positive signals include insider buying and positive earnings growth, while the negative signals include deteriorating financials and declining stock prices.

DD Analysts Ratings by Stock Target Advisor

The Discrepancy

There seems to be a discrepancy between the predictions of top analysts and Stock Target Advisor’s analysis. How can we reconcile these conflicting opinions?

It is important to note that analysts’ predictions are based on fundamental analysis, which takes into account the company’s financials, management, and industry trends. On the other hand, Stock Target Advisor’s analysis is based on technical analysis, which focuses on the company’s stock price movements and market trends.

Company Overview

DuPont de Nemours is a global company that provides technology-based materials and solutions across multiple continents. Its operations are divided into three segments: Electronics & Industrial, Water & Protection, and Corporate & Other. The company is headquartered in Wilmington, Delaware and was previously known as DowDuPont Inc.

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