Hickory Point Bank & Trust Takes Position in DuPont de Nemours, Inc. (NYSE:DD)

Hickory Point Bank & Trust bought a new stake in DuPont de Nemours, Inc. (NYSE:DD - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 4,526 shares of the basic materials company's stock, valued at approximately $345,000.

Other institutional investors have also recently bought and sold shares of the company. Hager Investment Management Services LLC acquired a new position in shares of DuPont de Nemours during the 4th quarter worth about $26,000. Byrne Asset Management LLC acquired a new position in DuPont de Nemours during the 4th quarter valued at $29,000. Golden State Wealth Management LLC bought a new stake in DuPont de Nemours in the 4th quarter valued at $33,000. Noble Wealth Management PBC acquired a new stake in DuPont de Nemours in the 4th quarter worth $35,000. Finally, R Squared Ltd bought a new position in shares of DuPont de Nemours during the 4th quarter worth about $37,000. Institutional investors own 73.96% of the company's stock.

Analyst Upgrades and Downgrades

DD has been the subject of several research reports. Wolfe Research raised DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 target price for the company in a research report on Friday, January 17th. Barclays raised DuPont de Nemours from an "underweight" rating to an "equal weight" rating and lifted their price objective for the company from $85.00 to $89.00 in a report on Thursday, February 13th. StockNews.com cut DuPont de Nemours from a "buy" rating to a "hold" rating in a report on Friday, February 28th. BMO Capital Markets raised their price target on DuPont de Nemours from $105.00 to $112.00 and gave the company an "outperform" rating in a report on Thursday, February 13th. Finally, Royal Bank of Canada dropped their price objective 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. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $99.17.

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DuPont de Nemours Stock Up 2.4 %

DD traded up $1.88 during trading hours on Wednesday, hitting $79.57. 2,163,350 shares of the company's stock were exchanged, compared to its average volume of 2,108,718. The stock's 50-day moving average is $78.05 and its two-hundred day moving average is $81.33. DuPont de Nemours, Inc. has a 1-year low of $68.81 and a 1-year 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 stock has a market cap of $33.26 billion, a price-to-earnings ratio of 47.65, a PEG ratio of 2.15 and a beta of 1.34.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, topping 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%. Sell-side analysts predict that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date is Monday, March 3rd. This is a positive change from DuPont de Nemours's previous quarterly dividend of $0.38. DuPont de Nemours's dividend payout ratio (DPR) is 98.20%.

DuPont de Nemours 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.