Caisse DE Depot ET Placement DU Quebec Has $83.06 Million Stake in DuPont de Nemours, Inc. (NYSE:DD)

Caisse DE Depot ET Placement DU Quebec grew its holdings in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 74.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 932,049 shares of the basic materials company's stock after purchasing an additional 396,303 shares during the period. Caisse DE Depot ET Placement DU Quebec owned about 0.22% of DuPont de Nemours worth $83,055,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Appian Way Asset Management LP boosted its position in DuPont de Nemours by 2.7% in the third quarter. Appian Way Asset Management LP now owns 37,987 shares of the basic materials company's stock valued at $3,385,000 after buying an additional 987 shares during the last quarter. Captrust Financial Advisors raised its stake in DuPont de Nemours by 0.3% in the 3rd quarter. Captrust Financial Advisors now owns 120,464 shares of the basic materials company's stock valued at $10,735,000 after purchasing an additional 309 shares during the last quarter. Providence Wealth Advisors LLC grew its holdings in DuPont de Nemours by 1.9% in the 3rd quarter. Providence Wealth Advisors LLC now owns 11,298 shares of the basic materials company's stock valued at $955,000 after buying an additional 211 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in shares of DuPont de Nemours by 80.6% during the 3rd quarter. Hantz Financial Services Inc. now owns 70,064 shares of the basic materials company's stock worth $6,243,000 after purchasing an additional 31,274 shares during the period. Finally, Financial Counselors Inc. boosted its holdings in DuPont de Nemours by 1.8% during the 3rd quarter. Financial Counselors Inc. now owns 16,318 shares of the basic materials company's stock valued at $1,454,000 after acquiring an additional 294 shares during the period. Hedge funds and other institutional investors own 73.96% of the company's stock.

DuPont de Nemours Price Performance

NYSE DD traded up $0.07 on Friday, reaching $83.59. 1,162,709 shares of the stock traded hands, compared to its average volume of 2,190,588. The firm's fifty day simple moving average is $84.75 and its 200 day simple moving average is $81.93. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29. The company has a market cap of $34.94 billion, a price-to-earnings ratio of 43.99, a P/E/G ratio of 2.00 and a beta of 1.35. DuPont de Nemours, Inc. has a 12 month low of $61.14 and a 12 month high of $90.06.

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

DuPont de Nemours Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be issued a $0.38 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.82%. DuPont de Nemours's payout ratio is currently 80.00%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Morgan Stanley increased their price target on DuPont de Nemours from $88.00 to $94.00 and gave the company an "equal weight" rating in a research report on Monday, October 21st. Wells Fargo & Company raised their price target on DuPont de Nemours from $105.00 to $107.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 6th. Barclays lifted their target price on DuPont de Nemours from $84.00 to $85.00 and gave the company an "underweight" rating in a research note on Wednesday, November 6th. Finally, Royal Bank of Canada lifted their price objective on DuPont de Nemours from $102.00 to $104.00 and gave the stock an "outperform" rating in a report on Thursday, November 7th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $95.42.

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.