Edmond DE Rothschild Holding S.A. Has $473,000 Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Edmond DE Rothschild Holding S.A. lessened its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 41.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,197 shares of the basic materials company's stock after selling 4,457 shares during the quarter. Edmond DE Rothschild Holding S.A.'s holdings in DuPont de Nemours were worth $473,000 at the end of the most recent reporting period.

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

DuPont de Nemours Stock Down 13.0 %

Shares of NYSE DD traded down $8.82 during mid-day trading on Friday, reaching $58.96. 11,808,821 shares of the company traded hands, compared to its average volume of 2,276,762. DuPont de Nemours, Inc. has a fifty-two week low of $56.21 and a fifty-two week high of $90.06. The stock has a market cap of $24.65 billion, a PE ratio of 35.30, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.88 and a current ratio of 1.33. The company's fifty day moving average is $78.07 and its two-hundred day moving average is $80.54.

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DuPont de Nemours (NYSE:DD - Get Free Report) last announced its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share 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%. On average, analysts expect 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 disclosed 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. This is an increase from DuPont de Nemours's previous quarterly dividend of $0.38. The ex-dividend date was Monday, March 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.78%. DuPont de Nemours's payout ratio is presently 98.20%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Citigroup increased their price objective on DuPont de Nemours from $88.00 to $95.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. Wells Fargo & Company decreased their price target on 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. Barclays upgraded DuPont de Nemours from an "underweight" rating to an "equal weight" rating and boosted their price objective for the stock from $85.00 to $89.00 in a report on Thursday, February 13th. Royal Bank of Canada reduced their target price 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. Finally, UBS Group raised their price target on shares of DuPont de Nemours from $102.00 to $103.00 and gave the stock a "buy" rating in a report on Tuesday, February 25th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average 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.