Commonwealth Equity Services LLC Acquires 15,457 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Commonwealth Equity Services LLC grew its position in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 6.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 243,574 shares of the basic materials company's stock after acquiring an additional 15,457 shares during the quarter. Commonwealth Equity Services LLC owned 0.06% of DuPont de Nemours worth $18,573,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Skandinaviska Enskilda Banken AB publ boosted its holdings in shares of DuPont de Nemours by 4.9% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 94,931 shares of the basic materials company's stock worth $7,210,000 after buying an additional 4,413 shares during the last quarter. Erste Asset Management GmbH bought a new stake in DuPont de Nemours in the 4th quarter valued at about $943,000. Avantax Advisory Services Inc. raised its stake in DuPont de Nemours by 15.6% in the 4th quarter. Avantax Advisory Services Inc. now owns 17,229 shares of the basic materials company's stock valued at $1,314,000 after acquiring an additional 2,328 shares during the period. Truvestments Capital LLC raised its stake in DuPont de Nemours by 23.2% in the 4th quarter. Truvestments Capital LLC now owns 1,554 shares of the basic materials company's stock valued at $119,000 after acquiring an additional 293 shares during the period. Finally, Farther Finance Advisors LLC raised its stake in DuPont de Nemours by 2.9% in the 4th quarter. Farther Finance Advisors LLC now owns 7,304 shares of the basic materials company's stock valued at $557,000 after acquiring an additional 208 shares during the period. 73.96% of the stock is owned by hedge funds and other institutional investors.

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DuPont de Nemours Price Performance

Shares of DD stock traded down $0.64 during trading on Thursday, hitting $76.94. The company had a trading volume of 2,964,171 shares, compared to its average volume of 2,095,486. 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's 50-day moving average is $78.35 and its two-hundred day moving average is $81.00. The stock has a market capitalization of $32.16 billion, a price-to-earnings ratio of 46.07, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29. DuPont de Nemours, Inc. has a 52 week low of $72.38 and a 52 week high of $90.06.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted its quarterly earnings data 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%. As a group, analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Increases Dividend

The firm also recently declared 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 annualized dividend and a yield of 2.13%. This is an increase from DuPont de Nemours's previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, March 3rd. DuPont de Nemours's dividend payout ratio is presently 98.20%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. StockNews.com cut DuPont de Nemours from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. BMO Capital Markets boosted their price objective 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. Citigroup boosted their price objective on DuPont de Nemours from $88.00 to $95.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. Barclays upgraded DuPont de Nemours from an "underweight" rating to an "equal weight" rating and boosted their price objective for the company from $85.00 to $89.00 in a research note on Thursday, February 13th. Finally, JPMorgan Chase & Co. decreased their price target on 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 research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price 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.