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DuPont de Nemours, Inc. (NYSE:DD) Shares Acquired by Charles Schwab Investment Management Inc.

DuPont de Nemours logo with Basic Materials background
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Charles Schwab Investment Management Inc. lifted its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 3.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,868,586 shares of the basic materials company's stock after acquiring an additional 91,108 shares during the period. Charles Schwab Investment Management Inc. owned 0.69% of DuPont de Nemours worth $218,730,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Lake Street Advisors Group LLC increased 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 acquiring an additional 132 shares in the last quarter. Global Trust Asset Management LLC grew its holdings 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 purchasing an additional 133 shares during the period. Avior Wealth Management LLC increased its stake in shares of DuPont de Nemours by 22.7% during the fourth quarter. Avior Wealth Management LLC now owns 741 shares of the basic materials company's stock valued at $57,000 after purchasing an additional 137 shares in the last quarter. Howard Capital Management Inc. lifted its holdings in shares of DuPont de Nemours by 5.4% during the fourth quarter. Howard Capital Management Inc. now owns 2,809 shares of the basic materials company's stock valued at $214,000 after purchasing an additional 144 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its position in shares of DuPont de Nemours by 5.5% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 2,995 shares of the basic materials company's stock worth $228,000 after purchasing an additional 156 shares in the last quarter. Hedge funds and other institutional investors own 73.96% of the company's stock.

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Analyst Ratings Changes

Several equities analysts have recently weighed in on DD shares. Royal Bank of Canada reduced their price target on DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating for the company in a report on Monday, February 10th. JPMorgan Chase & Co. reduced their price objective on shares of DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating for the company in a research note on Wednesday, January 15th. StockNews.com downgraded shares of DuPont de Nemours from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Citigroup raised their price target on shares of DuPont de Nemours from $88.00 to $95.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. Finally, Wells Fargo & Company lowered their price objective on DuPont de Nemours from $107.00 to $105.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 12th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $99.17.

Read Our Latest Analysis on DD

DuPont de Nemours Trading Down 1.7 %

Shares of DD traded down $1.30 during trading hours on Monday, reaching $76.85. 2,055,716 shares of the company traded hands, compared to its average volume of 2,102,944. The firm has a market cap of $32.13 billion, a price-to-earnings ratio of 46.02, a PEG ratio of 2.15 and a beta of 1.29. DuPont de Nemours, Inc. has a 12-month low of $71.34 and a 12-month high of $90.06. The stock's fifty day moving average price is $78.15 and its 200 day moving average price is $81.30. 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 (NYSE:DD - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, topping 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%. Sell-side analysts forecast that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.13%. The ex-dividend date of this dividend is Monday, March 3rd. This is a boost from DuPont de Nemours's previous quarterly dividend of $0.38. DuPont de Nemours's dividend payout ratio (DPR) is 98.20%.

DuPont de Nemours Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for DuPont de Nemours (NYSE:DD)

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