New York State Common Retirement Fund Sells 14,000 Shares of DuPont de Nemours, Inc. (NYSE:DD)

New York State Common Retirement Fund decreased its position in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 5.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 234,565 shares of the basic materials company's stock after selling 14,000 shares during the period. New York State Common Retirement Fund owned approximately 0.06% of DuPont de Nemours worth $17,886,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Assenagon Asset Management S.A. boosted its position in DuPont de Nemours by 431.6% during the 4th 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 in the last quarter. Franklin Resources Inc. increased its holdings in shares of 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 in the last quarter. Zacks Investment Management acquired a new stake in shares of DuPont de Nemours during the 3rd quarter valued at about $42,810,000. Two Sigma Advisers LP lifted its position in shares of DuPont de Nemours by 48.3% during the 3rd quarter. Two Sigma Advisers LP now owns 1,415,900 shares of the basic materials company's stock valued at $126,171,000 after buying an additional 461,400 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in shares of DuPont de Nemours by 164.9% in the third quarter. The Manufacturers Life Insurance Company now owns 718,019 shares of the basic materials company's stock valued at $63,983,000 after acquiring an additional 446,948 shares in the last quarter. 73.96% of the stock is owned by institutional investors.

DuPont de Nemours Trading Down 0.4 %

Shares of DD traded down $0.31 on Wednesday, reaching $81.58. 425,213 shares of the company's stock were exchanged, compared to its average volume of 2,475,909. The business has a 50 day moving average price of $77.75 and a two-hundred day moving average price of $81.30. DuPont de Nemours, Inc. has a 12 month low of $68.21 and a 12 month high of $90.06. The stock has a market capitalization of $34.10 billion, a P/E ratio of 48.89, a price-to-earnings-growth ratio of 2.15 and a beta of 1.34. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.22.

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 (EPS) for the quarter, topping 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%. Research analysts anticipate 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 announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a $0.41 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.01%. This is a boost from DuPont de Nemours's previous quarterly dividend of $0.38. DuPont de Nemours's dividend payout ratio is 91.02%.

Analyst Ratings Changes

DD has been the subject of a number of recent analyst reports. Citigroup raised their price target on shares of DuPont de Nemours from $88.00 to $95.00 and gave the stock a "buy" rating in a report on Thursday, February 13th. Wolfe Research upgraded shares of DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 price target on the stock in a research note on Friday, January 17th. BMO Capital Markets increased 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. StockNews.com raised DuPont de Nemours from a "hold" rating to a "buy" rating in a report on Thursday, February 20th. Finally, Barclays raised 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. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $99.17.

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.