5 Best Value Stocks to Buy According to Billionaire Dan Loeb

04. DuPont de Nemours, Inc. (NYSE:DD)

Third Point’s Stake Value: $171.186 Million

Percentage of Third Point’s 13F Portfolio: 4.05%

Number of Hedge Fund Holders: 44

P/E Ratio (Non-GAAP) as of October 09: 13.32 

The company was formerly known as DowDuPont Inc. and changed its name to DuPont de Nemours, Inc. in June 2019. DuPont de Nemours, Inc. (NYSE:DD) is based in Wilmington, Delaware. DuPont de Nemours, Inc. (NYSE:DD) provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa.

DuPont de Nemours, Inc. (NYSE:DD) announced a strong earnings beat for Q2 2022, with normalized EPS up 11% to $0.88 per share. On October 4, P.J. Juvekar, a Citi analyst, maintained a Buy rating while lowering his price target for DuPont de Nemours, Inc. (NYSE:DD) from $75 to $67.

According to Insider Monkey’s Q2 data, DuPont de Nemours, Inc. (NYSE:DD) was found in the public stock portfolios of 44 hedge funds, with collective stakes in the company worth $1.10 billion. New York-based investment firm 40 North Management is a leading shareholder in DuPont de Nemours, Inc. (NYSE:DD), with 5.88 million shares worth more than $326.8 million.