Hantz Financial Services Inc. boosted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 80.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 70,064 shares of the basic materials company's stock after purchasing an additional 31,274 shares during the period. Hantz Financial Services Inc.'s holdings in DuPont de Nemours were worth $6,243,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of DD. Tidal Investments LLC increased its holdings in shares of DuPont de Nemours by 22.8% during the 1st quarter. Tidal Investments LLC now owns 9,161 shares of the basic materials company's stock worth $702,000 after acquiring an additional 1,700 shares during the last quarter. Cetera Investment Advisers raised its position in shares of DuPont de Nemours by 186.5% in the first quarter. Cetera Investment Advisers now owns 87,364 shares of the basic materials company's stock valued at $6,698,000 after purchasing an additional 56,870 shares during the period. Cetera Advisors LLC boosted its holdings in shares of DuPont de Nemours by 16.5% during the 1st quarter. Cetera Advisors LLC now owns 24,066 shares of the basic materials company's stock worth $1,845,000 after buying an additional 3,409 shares during the period. GAMMA Investing LLC grew its stake in DuPont de Nemours by 61.6% in the 2nd quarter. GAMMA Investing LLC now owns 5,330 shares of the basic materials company's stock valued at $429,000 after buying an additional 2,031 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV lifted its position in DuPont de Nemours by 9.4% during the second quarter. Massmutual Trust Co. FSB ADV now owns 2,549 shares of the basic materials company's stock worth $205,000 after acquiring an additional 220 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors.
DuPont de Nemours Stock Performance
Shares of DuPont de Nemours stock traded up $0.07 during midday trading on Friday, hitting $83.59. The company had a trading volume of 1,162,709 shares, compared to its average volume of 2,467,064. 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 12-month low of $61.14 and a 12-month high of $90.06. The stock has a market cap of $34.94 billion, a price-to-earnings ratio of 43.99, a PEG ratio of 2.00 and a beta of 1.35. The company has a fifty day simple moving average of $84.75 and a 200 day simple moving average of $81.90.
DuPont de Nemours (NYSE:DD - Get Free Report) last released its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 EPS for the quarter, topping analysts' consensus estimates of $1.03 by $0.15. The firm had revenue of $3.19 billion during the quarter, compared to the consensus estimate 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 quarter in the previous year, the company posted $0.92 earnings per share. As a group, analysts predict that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current fiscal year.
DuPont de Nemours Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.82%. The ex-dividend date is Friday, November 29th. DuPont de Nemours's payout ratio is currently 80.00%.
Analysts Set New Price Targets
DD has been the subject of a number of analyst reports. Morgan Stanley boosted their price target on DuPont de Nemours from $88.00 to $94.00 and gave the company an "equal weight" rating in a research note on Monday, October 21st. Wells Fargo & Company lifted their price target on DuPont de Nemours from $105.00 to $107.00 and gave the company an "overweight" rating in a research note on Wednesday, November 6th. 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 report on Thursday, November 7th. Finally, Barclays increased their price objective on shares of DuPont de Nemours from $84.00 to $85.00 and gave the company an "underweight" rating in a research note on Wednesday, November 6th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $95.42.
Check Out Our Latest Research Report on DD
About DuPont de Nemours
(
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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