Mizuho Securities USA LLC Boosts Stake in DuPont de Nemours, Inc. (NYSE:DD)

Mizuho Securities USA LLC boosted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 46.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,613 shares of the basic materials company's stock after purchasing an additional 12,541 shares during the period. Mizuho Securities USA LLC's holdings in DuPont de Nemours were worth $3,020,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Hager Investment Management Services LLC bought a new position in shares of DuPont de Nemours in the fourth quarter worth about $26,000. Byrne Asset Management LLC bought a new position in shares of DuPont de Nemours in the 4th quarter valued at $29,000. Vision Financial Markets LLC bought a new stake in DuPont de Nemours during the 4th quarter worth $31,000. Golden State Wealth Management LLC acquired a new position in DuPont de Nemours in the 4th quarter worth about $33,000. Finally, FSA Wealth Management LLC acquired a new stake in shares of DuPont de Nemours during the third quarter valued at about $39,000. Institutional investors own 73.96% of the company's stock.

DuPont de Nemours Stock Down 0.6 %

Shares of DuPont de Nemours stock traded down $0.49 during trading on Thursday, reaching $76.00. 1,633,229 shares of the company traded hands, compared to its average volume of 2,100,672. The firm has a market capitalization of $31.77 billion, a PE ratio of 45.51, a P/E/G ratio of 2.15 and a beta of 1.29. The company has a 50 day moving average price of $78.54 and a 200-day moving average price of $80.81. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.33 and a quick ratio of 0.88. DuPont de Nemours, Inc. has a 1-year low of $72.38 and a 1-year high of $90.06.

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DuPont de Nemours (NYSE:DD - Get Free Report) last issued its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (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%. As a group, equities research analysts expect that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were given a $0.41 dividend. This is a positive change from DuPont de Nemours's previous quarterly dividend of $0.38. This represents a $1.64 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date of this dividend was Monday, March 3rd. DuPont de Nemours's dividend payout ratio is presently 98.20%.

Analyst Upgrades and Downgrades

DD has been the subject of a number of research reports. Barclays upgraded shares of DuPont de Nemours from an "underweight" rating to an "equal weight" rating and raised their price objective for the company from $85.00 to $89.00 in a report on Thursday, February 13th. StockNews.com cut shares of DuPont de Nemours from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Wells Fargo & Company cut their target price on DuPont de Nemours from $107.00 to $105.00 and set an "overweight" rating on the stock in a report on Wednesday, February 12th. Wolfe Research raised DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 price target for the company in a research note on Friday, January 17th. Finally, BMO Capital Markets raised their price objective on DuPont de Nemours from $105.00 to $112.00 and gave the stock an "outperform" rating in a research report on Thursday, February 13th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, DuPont de Nemours has a consensus rating of "Moderate Buy" and an average target price of $99.17.

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.