Callan Family Office LLC Takes $271,000 Position in DuPont de Nemours, Inc. (NYSE:DD)

Callan Family Office LLC purchased a new stake in DuPont de Nemours, Inc. (NYSE:DD - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,557 shares of the basic materials company's stock, valued at approximately $271,000.

A number of other large investors have also recently bought and sold shares of the stock. Principal Financial Group Inc. increased its position in shares of DuPont de Nemours by 4.6% during the 3rd quarter. Principal Financial Group Inc. now owns 490,704 shares of the basic materials company's stock worth $43,727,000 after purchasing an additional 21,435 shares in the last quarter. Equitable Trust Co. acquired a new stake in shares of DuPont de Nemours during the third quarter worth approximately $591,000. CWA Asset Management Group LLC acquired a new stake in shares of DuPont de Nemours during the third quarter worth approximately $313,000. United Bank raised its stake in shares of DuPont de Nemours by 2.7% in the third quarter. United Bank now owns 11,015 shares of the basic materials company's stock valued at $982,000 after acquiring an additional 290 shares during the last quarter. Finally, Assetmark Inc. boosted its holdings in shares of DuPont de Nemours by 72.5% in the 3rd quarter. Assetmark Inc. now owns 1,659 shares of the basic materials company's stock worth $148,000 after acquiring an additional 697 shares in the last quarter. 73.96% of the stock is currently owned by institutional investors.

DuPont de Nemours Trading Up 0.5 %

NYSE DD traded up $0.39 during trading hours on Wednesday, hitting $76.71. The company's stock had a trading volume of 682,710 shares, compared to its average volume of 2,101,679. DuPont de Nemours, Inc. has a twelve month low of $71.36 and a twelve month high of $90.06. The firm has a market capitalization of $32.07 billion, a P/E ratio of 45.96, a PEG ratio of 2.15 and a beta of 1.29. 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 stock has a fifty day moving average of $78.17 and a 200 day moving average of $81.25.

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DuPont de Nemours (NYSE:DD - Get Free Report) last announced its quarterly earnings data 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 return on equity of 7.12% and a net margin of 5.47%. Equities research analysts forecast that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Increases Dividend

The company 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 $0.41 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This is a positive change from DuPont de Nemours's previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a yield of 2.14%. DuPont de Nemours's dividend payout ratio (DPR) is 98.20%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on DD. Citigroup raised their price target on DuPont de Nemours from $88.00 to $95.00 and gave the company a "buy" rating in a report on Thursday, February 13th. UBS Group raised their target price on DuPont de Nemours from $102.00 to $103.00 and gave the company a "buy" rating in a research note on Tuesday, February 25th. Wells Fargo & Company reduced their price target on shares of DuPont de Nemours from $107.00 to $105.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 12th. Wolfe Research upgraded shares of DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 price objective for the company in a research report on Friday, January 17th. Finally, JPMorgan Chase & Co. reduced their target price on shares of DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating on the stock in a research report on Wednesday, January 15th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, DuPont de Nemours currently has a consensus rating of "Moderate Buy" and an average target price of $99.17.

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.