APG Asset Management N.V. Invests $16.55 Million in DuPont de Nemours, Inc. (NYSE:DD)

APG Asset Management N.V. purchased a new position in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 224,800 shares of the basic materials company's stock, valued at approximately $16,553,000. APG Asset Management N.V. owned about 0.05% of DuPont de Nemours as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in DuPont de Nemours by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 46,596,215 shares of the basic materials company's stock valued at $3,552,961,000 after buying an additional 353,010 shares during the period. Geode Capital Management LLC boosted its position in shares of DuPont de Nemours by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 9,952,115 shares of the basic materials company's stock valued at $883,821,000 after purchasing an additional 100,198 shares in the last quarter. Franklin Resources Inc. grew its stake in DuPont de Nemours by 7.5% during the fourth quarter. Franklin Resources Inc. now owns 6,894,207 shares of the basic materials company's stock worth $525,683,000 after purchasing an additional 483,722 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in DuPont de Nemours by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,868,586 shares of the basic materials company's stock worth $218,730,000 after purchasing an additional 91,108 shares in the last quarter. Finally, FMR LLC boosted its holdings in shares of DuPont de Nemours by 3.2% during the 4th quarter. FMR LLC now owns 2,828,397 shares of the basic materials company's stock worth $215,665,000 after buying an additional 88,479 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company's stock.

Analyst Upgrades and Downgrades

DD has been the topic of several research analyst reports. Mizuho cut their target price on shares of DuPont de Nemours from $100.00 to $80.00 and set an "outperform" rating on the stock in a research note on Tuesday. BMO Capital Markets raised their target price 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 raised DuPont de Nemours from an "underweight" rating to an "equal weight" rating and boosted their target price for the company from $85.00 to $89.00 in a research report on Thursday, February 13th. JPMorgan Chase & Co. cut their price target on DuPont de Nemours from $101.00 to $76.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Finally, Wolfe Research upgraded DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 price objective for the company in a report on Friday, January 17th. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $87.71.

DuPont de Nemours Stock Down 0.4 %

Shares of DD traded down $0.25 during trading hours on Tuesday, reaching $60.72. 884,035 shares of the stock traded hands, compared to its average volume of 2,359,328. DuPont de Nemours, Inc. has a 52 week low of $53.77 and a 52 week high of $90.06. The company has a market cap of $25.41 billion, a price-to-earnings ratio of 36.36, a PEG ratio of 2.15 and a beta of 1.25. The stock has a fifty day simple moving average of $74.82 and a 200 day simple moving average of $78.85. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.22.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, topping 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 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 paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date was Monday, March 3rd. This is an increase from DuPont de Nemours's previous quarterly dividend of $0.38. DuPont de Nemours's dividend payout ratio is 98.20%.

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.