Mutual of America Capital Management LLC Boosts Stake in DuPont de Nemours, Inc. (NYSE:DD)

Mutual of America Capital Management LLC lifted its position in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 11.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,036 shares of the basic materials company's stock after acquiring an additional 5,630 shares during the quarter. Mutual of America Capital Management LLC's holdings in DuPont de Nemours were worth $4,349,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Hager Investment Management Services LLC purchased a new stake in DuPont de Nemours in the 4th quarter valued at approximately $26,000. Byrne Asset Management LLC purchased a new stake in DuPont de Nemours in the 4th quarter valued at approximately $29,000. Ashton Thomas Securities LLC purchased a new stake in DuPont de Nemours in the 3rd quarter valued at approximately $38,000. Golden State Wealth Management LLC purchased a new stake in DuPont de Nemours in the 4th quarter valued at approximately $33,000. Finally, FSA Wealth Management LLC purchased a new stake in DuPont de Nemours in the 3rd quarter valued at approximately $39,000. Hedge funds and other institutional investors own 73.96% of the company's stock.

DuPont de Nemours Trading Down 0.7 %

Shares of DD stock traded down $0.55 on Friday, reaching $78.21. 2,160,623 shares of the stock were exchanged, compared to its average volume of 2,103,511. The stock has a market cap of $32.70 billion, a P/E ratio of 46.83, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29. 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 firm has a 50 day moving average of $78.12 and a two-hundred day moving average of $81.30. DuPont de Nemours, Inc. has a 1-year low of $71.29 and a 1-year high of $90.06.

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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 return on equity of 7.12% and a net margin of 5.47%. On average, research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.10%. This is a boost from DuPont de Nemours's previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Monday, March 3rd. DuPont de Nemours's dividend payout ratio is 98.20%.

Wall Street Analyst Weigh In

DD has been the topic of a number of recent research reports. Citigroup upped their target price on DuPont de Nemours from $88.00 to $95.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. JPMorgan Chase & Co. cut their price target on DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating for the company in a report on Wednesday, January 15th. Barclays upgraded DuPont de Nemours from an "underweight" rating to an "equal weight" rating and boosted their price target for the company from $85.00 to $89.00 in a report on Thursday, February 13th. Wells Fargo & Company cut their price target on DuPont de Nemours from $107.00 to $105.00 and set an "overweight" rating for the company in a report on Wednesday, February 12th. Finally, UBS Group boosted their price target on DuPont de Nemours from $102.00 to $103.00 and gave the company a "buy" rating in a report on Tuesday, February 25th. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $99.17.

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.