Fjarde AP Fonden Fourth Swedish National Pension Fund Buys 19,500 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 715.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,225 shares of the basic materials company's stock after purchasing an additional 19,500 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in DuPont de Nemours were worth $1,695,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Choreo LLC grew its stake in shares of DuPont de Nemours by 23.4% during the fourth quarter. Choreo LLC now owns 43,307 shares of the basic materials company's stock valued at $3,296,000 after purchasing an additional 8,205 shares during the last quarter. Merit Financial Group LLC lifted its holdings in DuPont de Nemours by 36.4% in the fourth quarter. Merit Financial Group LLC now owns 18,496 shares of the basic materials company's stock valued at $1,410,000 after buying an additional 4,939 shares during the period. Jennison Associates LLC lifted its holdings in DuPont de Nemours by 2.0% in the third quarter. Jennison Associates LLC now owns 491,028 shares of the basic materials company's stock valued at $43,756,000 after buying an additional 9,730 shares during the period. Principal Financial Group Inc. lifted its holdings in DuPont de Nemours by 4.6% in the third quarter. Principal Financial Group Inc. now owns 490,704 shares of the basic materials company's stock valued at $43,727,000 after buying an additional 21,435 shares during the period. Finally, Oppenheimer & Co. Inc. lifted its holdings in DuPont de Nemours by 38.4% in the third quarter. Oppenheimer & Co. Inc. now owns 36,082 shares of the basic materials company's stock valued at $3,215,000 after buying an additional 10,012 shares during the period. 73.96% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on DD shares. BMO Capital Markets increased their price objective on shares of DuPont de Nemours from $105.00 to $112.00 and gave the company an "outperform" rating in a report on Thursday, February 13th. Citigroup increased their price objective on shares of DuPont de Nemours from $88.00 to $95.00 and gave the company a "buy" rating in a report on Thursday, February 13th. Wolfe Research upgraded shares of DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 target price on the stock in a report on Friday, January 17th. Wells Fargo & Company cut their target price on shares of DuPont de Nemours from $107.00 to $105.00 and set an "overweight" rating on the stock in a report on Wednesday, February 12th. Finally, Barclays upgraded shares of DuPont de Nemours from an "underweight" rating to an "equal weight" rating and increased their target price for the stock from $85.00 to $89.00 in a report on Thursday, February 13th. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $99.17.

DuPont de Nemours Trading Down 0.5 %

Shares of NYSE:DD opened at $81.46 on Thursday. DuPont de Nemours, Inc. has a 12 month low of $68.21 and a 12 month high of $90.06. The company has a quick ratio of 0.88, a current ratio of 1.33 and a debt-to-equity ratio of 0.22. The company's fifty day simple moving average is $77.83 and its 200 day simple moving average is $81.30. The firm has a market cap of $34.05 billion, a price-to-earnings ratio of 48.78, a PEG ratio of 2.15 and a beta of 1.34.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.98 by $0.15. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. As a group, research analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a $0.41 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.01%. This is an increase from DuPont de Nemours's previous quarterly dividend of $0.38. DuPont de Nemours's dividend payout ratio (DPR) is 91.02%.

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.

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