Marshall Wace LLP Raises Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Marshall Wace LLP increased its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 228.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,471,730 shares of the basic materials company's stock after purchasing an additional 1,024,075 shares during the period. Marshall Wace LLP owned 0.35% of DuPont de Nemours worth $112,219,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Level Four Advisory Services LLC increased its position in shares of DuPont de Nemours by 2.8% during the fourth quarter. Level Four Advisory Services LLC now owns 4,679 shares of the basic materials company's stock worth $357,000 after purchasing an additional 129 shares in the last quarter. Lake Street Advisors Group LLC raised its position in shares of DuPont de Nemours by 3.2% in the fourth quarter. Lake Street Advisors Group LLC now owns 4,231 shares of the basic materials company's stock valued at $323,000 after buying an additional 132 shares during the last quarter. Global Trust Asset Management LLC lifted its stake in shares of DuPont de Nemours by 1.5% in the fourth quarter. Global Trust Asset Management LLC now owns 9,227 shares of the basic materials company's stock worth $704,000 after buying an additional 133 shares in the last quarter. Avior Wealth Management LLC boosted its position in DuPont de Nemours by 22.7% during the fourth quarter. Avior Wealth Management LLC now owns 741 shares of the basic materials company's stock worth $57,000 after acquiring an additional 137 shares during the last quarter. Finally, Howard Capital Management Inc. grew its stake in DuPont de Nemours by 5.4% during the 4th quarter. Howard Capital Management Inc. now owns 2,809 shares of the basic materials company's stock valued at $214,000 after acquiring an additional 144 shares in the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on DD. Royal Bank of Canada lowered their target price on DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating on the stock in a report on Monday, February 10th. Barclays upgraded DuPont de Nemours from an "underweight" rating to an "equal weight" rating and upped their target price for the company from $85.00 to $89.00 in a report on Thursday, February 13th. UBS Group dropped their price objective on shares of DuPont de Nemours from $103.00 to $75.00 and set a "buy" rating for the company in a report on Tuesday. Bank of America raised shares of DuPont de Nemours from an "underperform" rating to a "neutral" rating and reduced their target price for the stock from $80.00 to $75.00 in a research note on Tuesday. Finally, Wells Fargo & Company dropped their price target on shares of DuPont de Nemours from $105.00 to $81.00 and set an "overweight" rating for the company in a research note on Wednesday, April 9th. Four analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $87.71.

DuPont de Nemours Stock Up 1.5 %

NYSE:DD traded up $0.88 during trading hours on Friday, hitting $60.13. The company's stock had a trading volume of 2,748,962 shares, compared to its average volume of 2,379,287. The stock has a market capitalization of $25.16 billion, a P/E ratio of 36.01, a price-to-earnings-growth ratio of 2.15 and a beta of 1.25. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.22. The stock has a fifty day moving average of $73.41 and a 200-day moving average of $78.13. DuPont de Nemours, Inc. has a 52-week low of $53.77 and a 52-week high of $90.06.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its quarterly earnings results 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 net margin of 5.47% and a return on equity of 7.12%. On average, equities analysts forecast that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were issued a dividend of $0.41 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is an increase from DuPont de Nemours's previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a dividend yield of 2.73%. DuPont de Nemours's dividend payout ratio (DPR) is currently 98.20%.

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.