DuPont de Nemours, Inc. (NYSE:DD) Shares Bought by Adams Natural Resources Fund Inc.

Adams Natural Resources Fund Inc. boosted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 10.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,926 shares of the basic materials company's stock after buying an additional 3,400 shares during the quarter. Adams Natural Resources Fund Inc.'s holdings in DuPont de Nemours were worth $2,816,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Hager Investment Management Services LLC purchased a new position in shares of DuPont de Nemours in the 4th quarter valued at $26,000. Byrne Asset Management LLC bought a new stake in DuPont de Nemours during the fourth quarter valued at about $29,000. Vision Financial Markets LLC purchased a new position in DuPont de Nemours in the fourth quarter valued at about $31,000. Golden State Wealth Management LLC bought a new position in DuPont de Nemours in the fourth quarter worth about $33,000. Finally, FSA Wealth Management LLC purchased a new stake in shares of DuPont de Nemours during the third quarter valued at about $39,000. Institutional investors own 73.96% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on DD shares. BMO Capital Markets lifted their price objective on shares of DuPont de Nemours from $105.00 to $112.00 and gave the stock an "outperform" rating in a research report on Thursday, February 13th. JPMorgan Chase & Co. cut their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating on the stock in a report on Wednesday, January 15th. Wells Fargo & Company decreased their price objective on DuPont de Nemours from $107.00 to $105.00 and set an "overweight" rating for the company in a report on Wednesday, February 12th. Royal Bank of Canada lowered their price objective on DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating for the company in a research report on Monday, February 10th. Finally, Citigroup upped their target price on DuPont de Nemours from $88.00 to $95.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, DuPont de Nemours currently has a consensus rating of "Moderate Buy" and an average target price of $99.17.

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DuPont de Nemours Stock Performance

Shares of NYSE:DD traded down $0.01 during trading on Wednesday, hitting $76.45. The stock had a trading volume of 1,195,138 shares, compared to its average volume of 2,100,022. The company has a quick ratio of 0.88, a current ratio of 1.33 and a debt-to-equity ratio of 0.22. DuPont de Nemours, Inc. has a 12-month low of $72.38 and a 12-month high of $90.06. The stock has a market capitalization of $31.96 billion, a price-to-earnings ratio of 45.78, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29. The stock has a 50-day simple moving average of $78.53 and a two-hundred day simple moving average of $80.84.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 expect that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.15%. This is a positive change from DuPont de Nemours's previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, March 3rd. DuPont de Nemours's dividend payout ratio is presently 98.20%.

DuPont de Nemours 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.