DuPont de Nemours, Inc. (NYSE:DD) Holdings Raised by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. raised its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 25.7% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 61,328 shares of the basic materials company's stock after buying an additional 12,546 shares during the quarter. Daiwa Securities Group Inc.'s holdings in DuPont de Nemours were worth $5,465,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Denver PWM LLC acquired a new position in DuPont de Nemours during the second quarter worth about $28,000. Strategic Investment Solutions Inc. IL purchased a new position in DuPont de Nemours in the 2nd quarter valued at approximately $27,000. Fortitude Family Office LLC increased its stake in DuPont de Nemours by 46.6% in the 2nd quarter. Fortitude Family Office LLC now owns 412 shares of the basic materials company's stock valued at $33,000 after purchasing an additional 131 shares in the last quarter. Ashton Thomas Securities LLC purchased a new position in shares of DuPont de Nemours in the third quarter valued at $38,000. Finally, Quarry LP purchased a new stake in shares of DuPont de Nemours in the 2nd quarter worth about $37,000. Hedge funds and other institutional investors own 73.96% of the company's stock.

Wall Street Analysts Forecast Growth

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

DuPont de Nemours Price Performance

Shares of DD stock opened at $83.84 on Wednesday. The firm has a market cap of $35.04 billion, a P/E ratio of 44.13, a P/E/G ratio of 2.02 and a beta of 1.35. DuPont de Nemours, Inc. has a 1-year low of $61.14 and a 1-year high of $90.06. The firm has a fifty day moving average of $84.69 and a two-hundred day moving average of $81.81. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.28 and a quick ratio of 1.49.

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

DuPont de Nemours Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date of this dividend is Friday, November 29th. DuPont de Nemours's payout ratio is 80.00%.

DuPont de Nemours 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.