BNP PARIBAS ASSET MANAGEMENT Holding S.A. Increases Stock Position in DuPont de Nemours, Inc. (NYSE:DD)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 14.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 56,335 shares of the basic materials company's stock after acquiring an additional 6,964 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A.'s holdings in DuPont de Nemours were worth $5,020,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Advisors Asset Management Inc. bought a new stake in DuPont de Nemours during the 1st quarter valued at about $389,000. Lazard Asset Management LLC lifted its holdings in DuPont de Nemours by 31.0% during the 1st quarter. Lazard Asset Management LLC now owns 7,373 shares of the basic materials company's stock valued at $564,000 after buying an additional 1,744 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in DuPont de Nemours by 2.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 587,254 shares of the basic materials company's stock valued at $45,025,000 after buying an additional 12,646 shares in the last quarter. Industrial Alliance Investment Management Inc. raised its holdings in shares of DuPont de Nemours by 4.0% in the 1st quarter. Industrial Alliance Investment Management Inc. now owns 9,614 shares of the basic materials company's stock valued at $737,000 after purchasing an additional 367 shares in the last quarter. Finally, Ilex Capital Partners UK LLP bought a new stake in shares of DuPont de Nemours in the 1st quarter valued at about $10,101,000. Institutional investors own 73.96% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on DD shares. Barclays boosted their price target on shares of DuPont de Nemours from $84.00 to $85.00 and gave the company an "underweight" rating in a report on Wednesday, November 6th. Wells Fargo & Company boosted their price target on shares of DuPont de Nemours from $105.00 to $107.00 and gave the company an "overweight" rating in a report on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of DuPont de Nemours from $92.00 to $98.00 and gave the stock a "buy" rating in a research report on Thursday, August 1st. Royal Bank of Canada lifted their price objective on shares of DuPont de Nemours from $102.00 to $104.00 and gave the stock an "outperform" rating in a research report on Thursday, November 7th. Finally, Morgan Stanley lifted their price objective on shares of DuPont de Nemours from $88.00 to $94.00 and gave the stock an "equal weight" rating in a research report on Monday, October 21st. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $95.42.

DuPont de Nemours Stock Performance

NYSE DD traded up $1.10 on Monday, hitting $84.42. 2,836,244 shares of the company's stock traded hands, compared to its average volume of 2,476,989. The company has a current ratio of 2.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.29. DuPont de Nemours, Inc. has a 1-year low of $61.14 and a 1-year high of $90.06. The firm's 50-day moving average price is $84.69 and its two-hundred day moving average price is $81.81. The firm has a market capitalization of $35.28 billion, a PE ratio of 44.43, a P/E/G ratio of 1.99 and a beta of 1.35.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its quarterly earnings data on Tuesday, November 5th. The basic materials company reported $1.18 EPS for the quarter, beating the consensus estimate of $1.03 by $0.15. DuPont de Nemours had a net margin of 6.35% and a return on equity of 6.64%. The business had revenue of $3.19 billion during the quarter, compared to analysts' expectations of $3.20 billion. During the same period in the previous year, the business posted $0.92 EPS. The business's quarterly revenue was up 4.4% compared to the same quarter last year. As a group, analysts expect that DuPont de Nemours, Inc. will post 3.91 EPS for the current year.

DuPont de Nemours Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be paid a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 1.80%. The ex-dividend date is Friday, November 29th. DuPont de Nemours's dividend payout ratio is currently 80.00%.

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.