Homestead Advisers Corp Purchases 31,300 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Homestead Advisers Corp increased its stake in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 3.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 844,869 shares of the basic materials company's stock after purchasing an additional 31,300 shares during the quarter. Homestead Advisers Corp owned about 0.20% of DuPont de Nemours worth $64,421,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. NEOS Investment Management LLC lifted its holdings in shares of DuPont de Nemours by 31.6% in the fourth quarter. NEOS Investment Management LLC now owns 25,939 shares of the basic materials company's stock valued at $1,978,000 after buying an additional 6,223 shares during the period. UniSuper Management Pty Ltd raised its position in DuPont de Nemours by 28.3% in the fourth quarter. UniSuper Management Pty Ltd now owns 38,767 shares of the basic materials company's stock worth $2,956,000 after acquiring an additional 8,544 shares in the last quarter. Elo Mutual Pension Insurance Co lifted its holdings in DuPont de Nemours by 14.8% in the 4th quarter. Elo Mutual Pension Insurance Co now owns 42,371 shares of the basic materials company's stock valued at $3,231,000 after acquiring an additional 5,463 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of DuPont de Nemours by 9.9% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 657,240 shares of the basic materials company's stock valued at $49,129,000 after purchasing an additional 59,032 shares in the last quarter. Finally, Korea Investment CORP grew its stake in shares of DuPont de Nemours by 30.7% in the 4th quarter. Korea Investment CORP now owns 369,575 shares of the basic materials company's stock worth $28,180,000 after purchasing an additional 86,914 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company's stock.

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Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on DD. Wells Fargo & Company decreased their target price on DuPont de Nemours from $107.00 to $105.00 and set an "overweight" rating on the stock in a report on Wednesday, February 12th. Barclays upgraded shares of DuPont de Nemours from an "underweight" rating to an "equal weight" rating and upped their price objective for the company from $85.00 to $89.00 in a research note on Thursday, February 13th. JPMorgan Chase & Co. decreased their target price on shares of DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating for the company in a research note on Wednesday, January 15th. UBS Group increased their price objective on DuPont de Nemours from $102.00 to $103.00 and gave the stock a "buy" rating in a report on Tuesday, February 25th. Finally, Wolfe Research raised DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 price target for the company in a research note on Friday, January 17th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $99.17.

DuPont de Nemours Stock Performance

Shares of NYSE:DD traded up $0.16 during trading on Monday, reaching $74.19. The stock had a trading volume of 717,154 shares, compared to its average volume of 2,489,065. The stock has a fifty day simple moving average of $78.45 and a two-hundred day simple moving average of $80.75. The company has a quick ratio of 0.88, a current ratio of 1.33 and a debt-to-equity ratio of 0.22. DuPont de Nemours, Inc. has a 52 week low of $72.38 and a 52 week high of $90.06. The firm has a market capitalization of $31.01 billion, a price-to-earnings ratio of 44.43, a P/E/G ratio of 2.15 and a beta of 1.29.

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, 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%. As a group, analysts anticipate 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 was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were paid a $0.41 dividend. 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 2.21%. DuPont de Nemours's dividend payout ratio (DPR) is presently 98.20%.

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.