DuPont de Nemours, Inc. (NYSE:DD) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC increased its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 3.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 267,139 shares of the basic materials company's stock after purchasing an additional 9,485 shares during the quarter. Natixis Advisors LLC owned 0.06% of DuPont de Nemours worth $20,369,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of DD. Assenagon Asset Management S.A. increased its position in DuPont de Nemours by 431.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,058,446 shares of the basic materials company's stock valued at $80,707,000 after acquiring an additional 859,333 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of DuPont de Nemours during the 4th quarter worth about $50,063,000. Franklin Resources Inc. grew its holdings in DuPont de Nemours by 9.8% during the 3rd quarter. Franklin Resources Inc. now owns 6,410,485 shares of the basic materials company's stock valued at $556,751,000 after purchasing an additional 570,703 shares during the last quarter. Amundi raised its position in DuPont de Nemours by 45.4% in the 4th quarter. Amundi now owns 1,662,845 shares of the basic materials company's stock worth $123,799,000 after purchasing an additional 519,321 shares during the period. Finally, Zacks Investment Management purchased a new stake in DuPont de Nemours in the third quarter worth $42,810,000. Hedge funds and other institutional investors own 73.96% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on DD shares. BMO Capital Markets raised their price target on shares of DuPont de Nemours from $105.00 to $112.00 and gave the stock an "outperform" rating in a research note on Thursday, February 13th. Wolfe Research upgraded DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 price target for the company in a report on Friday, January 17th. Citigroup increased their price objective on DuPont de Nemours from $88.00 to $95.00 and gave the stock a "buy" rating in a research note on Thursday, February 13th. Royal Bank of Canada decreased their target price on DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating for the company in a research report on Monday, February 10th. Finally, Wells Fargo & Company dropped their price target on DuPont de Nemours from $107.00 to $105.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 12th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $99.17.

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DuPont de Nemours Stock Down 2.2 %

Shares of NYSE DD traded down $1.68 during trading hours on Friday, hitting $75.25. 4,412,427 shares of the stock were exchanged, compared to its average volume of 2,103,178. DuPont de Nemours, Inc. has a 12 month low of $72.38 and a 12 month high of $90.06. The firm has a fifty day moving average price of $78.40 and a 200-day moving average price of $80.97. 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 cap of $31.46 billion, a PE ratio of 45.06, a PEG ratio of 2.15 and a beta of 1.29.

DuPont de Nemours (NYSE:DD - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (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, sell-side analysts expect 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 was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.18%. 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. 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.