Atria Wealth Solutions Inc. Grows Stake in DuPont de Nemours, Inc. (NYSE:DD)

Atria Wealth Solutions Inc. grew its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 16.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 47,920 shares of the basic materials company's stock after purchasing an additional 6,685 shares during the period. Atria Wealth Solutions Inc.'s holdings in DuPont de Nemours were worth $3,654,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Choreo LLC boosted its position in shares of DuPont de Nemours by 23.4% during the fourth quarter. Choreo LLC now owns 43,307 shares of the basic materials company's stock valued at $3,296,000 after buying an additional 8,205 shares during the last quarter. Merit Financial Group LLC boosted its holdings in DuPont de Nemours by 36.4% during the 4th quarter. Merit Financial Group LLC now owns 18,496 shares of the basic materials company's stock worth $1,410,000 after acquiring an additional 4,939 shares during the last quarter. Jennison Associates LLC grew its stake in shares of DuPont de Nemours by 2.0% in the 3rd quarter. Jennison Associates LLC now owns 491,028 shares of the basic materials company's stock worth $43,756,000 after acquiring an additional 9,730 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of DuPont de Nemours by 4.6% in the 3rd quarter. Principal Financial Group Inc. now owns 490,704 shares of the basic materials company's stock worth $43,727,000 after acquiring an additional 21,435 shares in the last quarter. Finally, Oppenheimer & Co. Inc. raised its holdings in shares of DuPont de Nemours by 38.4% in the third quarter. Oppenheimer & Co. Inc. now owns 36,082 shares of the basic materials company's stock valued at $3,215,000 after purchasing an additional 10,012 shares during the last quarter. Institutional investors own 73.96% of the company's stock.

Analyst Upgrades and Downgrades

DD has been the subject of a number of recent analyst reports. Barclays raised shares of DuPont de Nemours from an "underweight" rating to an "equal weight" rating and upped their price objective for the stock from $85.00 to $89.00 in a research report on Thursday, February 13th. BMO Capital Markets upped their target price on DuPont de Nemours from $105.00 to $112.00 and gave the company an "outperform" rating in a report on Thursday, February 13th. Citigroup lifted their price target on DuPont de Nemours from $88.00 to $95.00 and gave the stock a "buy" rating in a report on Thursday, February 13th. Wolfe Research raised DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 price objective on the stock in a research report on Friday, January 17th. Finally, JPMorgan Chase & Co. decreased their target price on DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating for the company in a research report on Wednesday, January 15th. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $98.75.

DuPont de Nemours Stock Performance

DD traded up $0.17 during trading hours on Monday, hitting $81.82. The stock had a trading volume of 2,192,447 shares, compared to its average volume of 2,528,344. The stock has a market cap of $34.20 billion, a PE ratio of 48.99, a price-to-earnings-growth ratio of 2.15 and a beta of 1.34. DuPont de Nemours, Inc. has a 1 year low of $68.21 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 company's fifty day simple moving average is $77.72 and its 200 day simple moving average is $81.27.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share 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%. Equities analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.41 per share. The ex-dividend date is Monday, March 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.00%. This is an increase from DuPont de Nemours's previous quarterly dividend of $0.38. DuPont de Nemours's dividend payout ratio is currently 91.02%.

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.