AlphaQuest LLC Acquires 11,693 Shares of DuPont de Nemours, Inc. (NYSE:DD)

AlphaQuest LLC increased its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 69.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,568 shares of the basic materials company's stock after buying an additional 11,693 shares during the period. AlphaQuest LLC's holdings in DuPont de Nemours were worth $2,178,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Jackson Hole Capital Partners LLC grew its stake in shares of DuPont de Nemours by 2.8% in the 4th quarter. Jackson Hole Capital Partners LLC now owns 6,373 shares of the basic materials company's stock valued at $486,000 after buying an additional 176 shares during the period. Amundi boosted its stake in DuPont de Nemours by 45.4% during the 4th quarter. Amundi now owns 1,662,845 shares of the basic materials company's stock valued at $123,799,000 after purchasing an additional 519,321 shares during the last quarter. Dorsey & Whitney Trust CO LLC boosted its stake in DuPont de Nemours by 15.3% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 51,847 shares of the basic materials company's stock valued at $3,953,000 after purchasing an additional 6,862 shares during the last quarter. Intellectus Partners LLC boosted its stake in DuPont de Nemours by 9.6% during the 4th quarter. Intellectus Partners LLC now owns 11,786 shares of the basic materials company's stock valued at $899,000 after purchasing an additional 1,036 shares during the last quarter. Finally, Larson Financial Group LLC boosted its stake in DuPont de Nemours by 1,370.0% during the 4th quarter. Larson Financial Group LLC now owns 11,936 shares of the basic materials company's stock valued at $910,000 after purchasing an additional 11,124 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

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DuPont de Nemours Stock Performance

Shares of NYSE:DD traded down $0.79 during mid-day trading on Wednesday, reaching $75.53. The company had a trading volume of 1,983,370 shares, compared to its average volume of 2,105,938. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.22. The firm has a market cap of $31.58 billion, a price-to-earnings ratio of 45.23, a PEG ratio of 2.15 and a beta of 1.29. The company's 50-day moving average price is $78.16 and its 200-day moving average price is $81.21. DuPont de Nemours, Inc. has a one year low of $72.38 and a one year high of $90.06.

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 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%. As a group, equities research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.41 per share. This is a boost from DuPont de Nemours's previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.17%. DuPont de Nemours's payout ratio is presently 98.20%.

Analyst Ratings Changes

A number of research firms have issued reports on DD. Wells Fargo & Company cut their price target on DuPont de Nemours from $107.00 to $105.00 and set an "overweight" rating for the company in a research note on Wednesday, February 12th. BMO Capital Markets lifted their price target on DuPont de Nemours from $105.00 to $112.00 and gave the company an "outperform" rating in a research note on Thursday, February 13th. Barclays upgraded DuPont de Nemours from an "underweight" rating to an "equal weight" rating and lifted their price target for the company from $85.00 to $89.00 in a research note on Thursday, February 13th. Wolfe Research upgraded DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 price target for the company in a research note on Friday, January 17th. Finally, JPMorgan Chase & Co. cut their target price on DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating on the stock in a research note on Wednesday, January 15th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $99.17.

About DuPont de Nemours

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.