DuPont de Nemours, Inc. (NYSE:DD) Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC lifted its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 1.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,952,115 shares of the basic materials company's stock after acquiring an additional 100,198 shares during the period. Geode Capital Management LLC owned 2.38% of DuPont de Nemours worth $883,821,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in DD. Strategic Investment Solutions Inc. IL purchased a new position in DuPont de Nemours during the second quarter worth approximately $27,000. Denver PWM LLC purchased a new position in shares of DuPont de Nemours during the 2nd quarter worth $28,000. Quarry LP acquired a new position in shares of DuPont de Nemours during the 2nd quarter valued at about $37,000. Ashton Thomas Securities LLC purchased a new stake in shares of DuPont de Nemours in the third quarter valued at about $38,000. Finally, FSA Wealth Management LLC acquired a new stake in DuPont de Nemours during the third quarter worth about $39,000. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DD has been the topic of several analyst reports. Royal Bank of Canada lifted their price target on shares of DuPont de Nemours from $102.00 to $104.00 and gave the company an "outperform" rating in a research report on Thursday, November 7th. StockNews.com cut shares of DuPont de Nemours from a "buy" rating to a "hold" rating in a report on Tuesday. Barclays upped their price target on DuPont de Nemours from $84.00 to $85.00 and gave the stock an "underweight" rating in a report on Wednesday, November 6th. Morgan Stanley lifted their price objective on shares of DuPont de Nemours from $88.00 to $94.00 and gave the stock an "equal weight" rating in a research report on Monday, October 21st. Finally, Wells Fargo & Company upped their target price on shares of DuPont de Nemours from $105.00 to $107.00 and gave the company an "overweight" rating in a report on Wednesday, November 6th. Two 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. Based on data from MarketBeat, DuPont de Nemours currently has an average rating of "Moderate Buy" and an average target price of $95.42.

DuPont de Nemours Price Performance

NYSE DD traded down $0.37 during mid-day trading on Thursday, hitting $81.56. The stock had a trading volume of 1,119,548 shares, compared to its average volume of 2,450,055. The company has a market cap of $34.09 billion, a price-to-earnings ratio of 43.12, a P/E/G ratio of 2.01 and a beta of 1.34. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29. DuPont de Nemours, Inc. has a 52-week low of $61.14 and a 52-week high of $90.06. The company has a 50 day simple moving average of $83.95 and a 200 day simple moving average of $82.12.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 EPS for the quarter, beating analysts' consensus estimates of $1.03 by $0.15. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The firm had revenue of $3.19 billion for the quarter, compared to analysts' expectations of $3.20 billion. During the same quarter in the prior year, the firm earned $0.92 EPS. DuPont de Nemours's quarterly revenue was up 4.4% on a year-over-year basis. Equities analysts forecast that DuPont de Nemours, Inc. will post 3.89 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be paid a $0.38 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $1.52 annualized dividend and a yield of 1.86%. DuPont de Nemours's payout ratio is currently 80.00%.

DuPont de Nemours Company 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.