DuPont de Nemours, Inc. (NYSE:DD) Shares Bought by Schroder Investment Management Group

Schroder Investment Management Group increased its stake in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 194.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,145,108 shares of the basic materials company's stock after purchasing an additional 756,604 shares during the quarter. Schroder Investment Management Group owned 0.27% of DuPont de Nemours worth $86,971,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in DD. Hager Investment Management Services LLC purchased a new position in DuPont de Nemours in the fourth quarter valued at about $26,000. Byrne Asset Management LLC acquired a new stake in shares of DuPont de Nemours in the 4th quarter worth approximately $29,000. Vision Financial Markets LLC purchased a new position in DuPont de Nemours in the 4th quarter valued at approximately $31,000. Golden State Wealth Management LLC acquired a new position in DuPont de Nemours during the fourth quarter worth $33,000. Finally, Noble Wealth Management PBC purchased a new stake in DuPont de Nemours during the fourth quarter worth $35,000. Institutional investors and hedge funds own 73.96% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on DD. 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. Wells Fargo & Company cut their target price on shares of DuPont de Nemours from $107.00 to $105.00 and set an "overweight" rating for the company in a research report on Wednesday, February 12th. BMO Capital Markets upped their price target on shares of DuPont de Nemours from $105.00 to $112.00 and gave the company an "outperform" rating in a report on Thursday, February 13th. UBS Group raised their price objective on shares of DuPont de Nemours from $102.00 to $103.00 and gave the stock a "buy" rating in a research note on Tuesday, February 25th. Finally, JPMorgan Chase & Co. reduced their target price on DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating on the stock in a research note on Wednesday, January 15th. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat, DuPont de Nemours has a consensus rating of "Moderate Buy" and an average target price of $99.17.

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DuPont de Nemours Trading Down 13.0 %

Shares of DuPont de Nemours stock traded down $8.82 during trading hours on Friday, reaching $58.96. 11,808,821 shares of the company's stock were exchanged, compared to its average volume of 2,276,487. The firm has a market capitalization of $24.65 billion, a price-to-earnings ratio of 35.30, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.22. DuPont de Nemours, Inc. has a 52-week low of $56.21 and a 52-week high of $90.06. The company has a fifty day moving average of $77.71 and a 200-day moving average of $80.38.

DuPont de Nemours (NYSE:DD - Get Free Report) last issued its quarterly 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%. Sell-side analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS 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. Shareholders of record on Monday, March 3rd were paid a dividend of $0.41 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.78%. This is an increase from DuPont de Nemours's previous quarterly dividend of $0.38. DuPont de Nemours's dividend payout ratio (DPR) is currently 98.20%.

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.