GWN Securities Inc. Buys Shares of 7,189 DuPont de Nemours, Inc. (NYSE:DD)

GWN Securities Inc. bought a new position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 7,189 shares of the basic materials company's stock, valued at approximately $556,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Harbour Investments Inc. boosted its stake in DuPont de Nemours by 7.6% during the 4th quarter. Harbour Investments Inc. now owns 4,953 shares of the basic materials company's stock valued at $378,000 after purchasing an additional 350 shares during the period. Corient Private Wealth LLC boosted its position in shares of DuPont de Nemours by 1.6% during the fourth quarter. Corient Private Wealth LLC now owns 278,092 shares of the basic materials company's stock worth $21,205,000 after buying an additional 4,423 shares during the period. Envestnet Portfolio Solutions Inc. grew its holdings in DuPont de Nemours by 0.5% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 38,718 shares of the basic materials company's stock worth $2,952,000 after buying an additional 196 shares in the last quarter. Choate Investment Advisors increased its position in DuPont de Nemours by 7.3% in the 4th quarter. Choate Investment Advisors now owns 9,078 shares of the basic materials company's stock valued at $692,000 after acquiring an additional 615 shares during the period. Finally, Natixis Advisors LLC raised its stake in DuPont de Nemours by 3.7% during the 4th quarter. Natixis Advisors LLC now owns 267,139 shares of the basic materials company's stock valued at $20,369,000 after acquiring an additional 9,485 shares in the last quarter. 73.96% of the stock is currently owned by institutional investors.

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DuPont de Nemours Trading Down 0.8 %

Shares of DD stock traded down $0.64 during trading hours on Thursday, reaching $76.94. 2,964,171 shares of the stock traded hands, compared to its average volume of 2,526,860. The business has a fifty day moving average price of $78.35 and a 200 day moving average price of $81.00. DuPont de Nemours, Inc. has a 1-year low of $72.38 and a 1-year high of $90.06. The company has a quick ratio of 0.88, a current ratio of 1.33 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $32.16 billion, a PE ratio of 46.07, a PEG ratio of 2.15 and a beta of 1.29.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. On average, equities research analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were given a dividend of $0.41 per share. The ex-dividend date was Monday, March 3rd. This is a positive change from DuPont de Nemours's previous quarterly dividend of $0.38. This represents a $1.64 dividend on an annualized basis and a yield of 2.13%. DuPont de Nemours's dividend payout ratio (DPR) is presently 98.20%.

Analyst Ratings Changes

DD has been the subject of several recent analyst reports. Barclays raised DuPont de Nemours from an "underweight" rating to an "equal weight" rating and increased their price target for the stock from $85.00 to $89.00 in a research note on Thursday, February 13th. Wells Fargo & Company decreased their target price on shares of DuPont de Nemours from $107.00 to $105.00 and set an "overweight" rating for the company in a research report on Wednesday, February 12th. StockNews.com downgraded shares of DuPont de Nemours from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Citigroup increased their price objective on shares of DuPont de Nemours from $88.00 to $95.00 and gave the company a "buy" rating in a report on Thursday, February 13th. Finally, BMO Capital Markets boosted their target price on DuPont de Nemours from $105.00 to $112.00 and gave the stock an "outperform" rating in a report on Thursday, February 13th. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $99.17.

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.