5 Industrial Stocks to Invest In According to Ray Dalio’s Bridgewater Associates

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

Bridgewater Associates’ Stake Value: $33.7 million

Percentage of Bridgewater Associates’ 13F Portfolio: 0.19%

Number of Hedge Fund Holders: 56

DuPont de Nemours, Inc. (NYSE:DD) is an industrial materials provider based out of the United States. The company counts a diverse set of industries in its customer list. These include the ever growing and ever important semiconductor industry, the printing industry, the display industry and transportation and industrial markets.

As its fiscal fourth quarter came to an end, DuPont de Nemours, Inc. (NYSE:DD) had posted $4 billion in revenue and $1.08 in non-GAAP EPS, beating analyst estimates for both. Deutsche Bank reduced the company’s share price target to $90 from $100 in March 2022 as it stated that the new target reflects the company’s updated guidance.

Mr. Dalio’s Bridgewater Associates had a $33.7 million stake in DuPont de Nemours, Inc. (NYSE:DD) during 2021’s fourth quarter. This was in the form of 418,205 shares and it represented 0.19% of the firm’s portfolio. Insider Monkey’s research of 924 hedge funds for the same time period revealed that 56 were the company’s investors.

DuPont de Nemours, Inc. (NYSE:DD)’s largest shareholder is David S. Winter and David J. Millstone 40 North Management who owns 5.6 million shares worth $454 million.