Quantbot Technologies LP Buys 38,555 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Quantbot Technologies LP increased its position in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 153.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 63,624 shares of the basic materials company's stock after acquiring an additional 38,555 shares during the period. Quantbot Technologies LP's holdings in DuPont de Nemours were worth $4,851,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DD. Lake Street Advisors Group LLC grew its stake in shares of DuPont de Nemours by 3.2% in the 4th quarter. Lake Street Advisors Group LLC now owns 4,231 shares of the basic materials company's stock worth $323,000 after purchasing an additional 132 shares during the last quarter. Global Trust Asset Management LLC grew its position in DuPont de Nemours by 1.5% in the fourth quarter. Global Trust Asset Management LLC now owns 9,227 shares of the basic materials company's stock worth $704,000 after buying an additional 133 shares during the last quarter. Avior Wealth Management LLC increased its holdings in shares of DuPont de Nemours by 22.7% in the fourth quarter. Avior Wealth Management LLC now owns 741 shares of the basic materials company's stock valued at $57,000 after buying an additional 137 shares in the last quarter. Howard Capital Management Inc. lifted its position in shares of DuPont de Nemours by 5.4% during the 4th quarter. Howard Capital Management Inc. now owns 2,809 shares of the basic materials company's stock valued at $214,000 after acquiring an additional 144 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich boosted its stake in shares of DuPont de Nemours by 7.4% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,117 shares of the basic materials company's stock worth $178,000 after acquiring an additional 146 shares in the last quarter. 73.96% of the stock is currently owned by institutional investors.

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DuPont de Nemours Stock Up 0.6 %

DD traded up $0.45 during trading on Wednesday, reaching $77.57. 1,734,703 shares of the stock traded hands, compared to its average volume of 2,091,401. 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 fifty-two week low of $72.38 and a fifty-two week high of $90.06. The stock's 50-day simple moving average is $78.29 and its two-hundred day simple moving average is $81.02. The stock has a market cap of $32.43 billion, a price-to-earnings ratio of 46.45, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate 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 EPS for the current year.

DuPont de Nemours Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.41 per share. The ex-dividend date was Monday, March 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.11%. 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%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on DD. BMO Capital Markets boosted their target price 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. UBS Group boosted their price objective on DuPont de Nemours from $102.00 to $103.00 and gave the stock a "buy" rating in a report on Tuesday, February 25th. Wolfe Research upgraded shares of DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 target price for the company in a report on Friday, January 17th. JPMorgan Chase & Co. cut their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating on the stock in a report on Wednesday, January 15th. Finally, StockNews.com lowered shares of DuPont de Nemours from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus 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.