DuPont de Nemours, Inc. (NYSE:DD) Shares Purchased by Machina Capital S.A.S.

Machina Capital S.A.S. raised its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 82.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,865 shares of the basic materials company's stock after purchasing an additional 7,616 shares during the quarter. Machina Capital S.A.S.'s holdings in DuPont de Nemours were worth $1,286,000 as of its most recent SEC filing.

Several other hedge funds 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 in the 4th quarter valued at $26,000. Byrne Asset Management LLC acquired a new stake in shares of DuPont de Nemours during the fourth quarter worth about $29,000. Vision Financial Markets LLC purchased a new stake in shares of DuPont de Nemours in the 4th quarter valued at about $31,000. Golden State Wealth Management LLC acquired a new stake in shares of DuPont de Nemours in the 4th quarter valued at about $33,000. Finally, Noble Wealth Management PBC purchased a new position in DuPont de Nemours during the 4th quarter worth approximately $35,000. Institutional investors and hedge funds own 73.96% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on DD shares. Wells Fargo & Company decreased their target price on shares of DuPont de Nemours from $107.00 to $105.00 and set an "overweight" rating for the company in a research note on Wednesday, February 12th. BMO Capital Markets boosted their target price on DuPont de Nemours from $105.00 to $112.00 and gave the company an "outperform" rating in a report on Thursday, February 13th. Wolfe Research raised shares of DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 price objective on the stock in a research note on Friday, January 17th. Citigroup lifted their target price 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. Finally, Barclays raised DuPont de Nemours from an "underweight" rating to an "equal weight" rating and upped their price objective for the stock from $85.00 to $89.00 in a report on Thursday, February 13th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $99.17.

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DuPont de Nemours Trading Down 1.0 %

Shares of DuPont de Nemours stock traded down $0.79 during trading hours on Wednesday, hitting $75.53. The company's stock had a trading volume of 1,982,673 shares, compared to its average volume of 2,106,756. The business has a fifty day moving average of $78.17 and a 200 day moving average of $81.25. DuPont de Nemours, Inc. has a 1-year low of $71.36 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 company has a market capitalization of $31.58 billion, a PE ratio of 45.23, 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 quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 EPS 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%. As a group, equities analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be given a dividend of $0.41 per share. This is a boost from DuPont de Nemours's previous quarterly dividend of $0.38. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date is Monday, March 3rd. DuPont de Nemours's payout ratio is presently 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.