Barrow Hanley Mewhinney & Strauss LLC Has $275.87 Million Stock Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Barrow Hanley Mewhinney & Strauss LLC trimmed its stake in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 22.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,427,350 shares of the basic materials company's stock after selling 1,002,356 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned about 0.82% of DuPont de Nemours worth $275,867,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in DD. Symmetry Investments LP acquired a new position in shares of DuPont de Nemours in the second quarter valued at $818,000. Summit Trail Advisors LLC lifted its holdings in shares of DuPont de Nemours by 97.1% during the 2nd quarter. Summit Trail Advisors LLC now owns 16,369 shares of the basic materials company's stock worth $1,318,000 after acquiring an additional 8,066 shares during the period. Sei Investments Co. boosted its position in shares of DuPont de Nemours by 11.3% during the 2nd quarter. Sei Investments Co. now owns 370,915 shares of the basic materials company's stock valued at $29,852,000 after acquiring an additional 37,618 shares in the last quarter. Drexel Morgan & Co. increased its stake in DuPont de Nemours by 1.9% in the second quarter. Drexel Morgan & Co. now owns 16,012 shares of the basic materials company's stock valued at $1,289,000 after acquiring an additional 291 shares during the period. Finally, Brighton Jones LLC raised its position in DuPont de Nemours by 7.6% in the second quarter. Brighton Jones LLC now owns 4,381 shares of the basic materials company's stock worth $353,000 after purchasing an additional 309 shares in the last quarter. Institutional investors own 73.96% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on DD. Citigroup decreased their price objective on DuPont de Nemours from $95.00 to $94.00 and set a "buy" rating on the stock in a report on Friday, July 12th. Barclays upped their price target on DuPont de Nemours from $81.00 to $85.00 and gave the company an "equal weight" rating in a research report on Tuesday, May 28th. UBS Group lifted their price objective on DuPont de Nemours from $93.00 to $98.00 and gave the company a "buy" rating in a report on Wednesday, May 29th. Royal Bank of Canada boosted their target price on shares of DuPont de Nemours from $87.00 to $102.00 and gave the company an "outperform" rating in a research note on Monday, August 5th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of DuPont de Nemours from $92.00 to $98.00 and gave the stock a "buy" rating in a research report on Thursday, August 1st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $95.00.

DuPont de Nemours Price Performance

Shares of DD traded up $0.16 during mid-day trading on Friday, hitting $83.34. 3,557,653 shares of the company traded hands, compared to its average volume of 2,620,850. The company has a current ratio of 2.21, a quick ratio of 1.44 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $34.84 billion, a price-to-earnings ratio of 101.63, a PEG ratio of 2.12 and a beta of 1.33. The business has a 50-day moving average of $80.72 and a 200 day moving average of $78.60. DuPont de Nemours, Inc. has a one year low of $61.14 and a one year high of $85.12.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The basic materials company reported $0.97 EPS for the quarter, beating analysts' consensus estimates of $0.85 by $0.12. DuPont de Nemours had a return on equity of 6.31% and a net margin of 5.30%. The firm had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same period last year, the company earned $0.85 EPS. The business's quarterly revenue was up 2.5% compared to the same quarter last year. As a group, equities analysts expect that DuPont de Nemours, Inc. will post 3.74 earnings per share for the current fiscal year.

DuPont de Nemours Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, August 30th were given a dividend of $0.38 per share. The ex-dividend date was Friday, August 30th. This represents a $1.52 dividend on an annualized basis and a yield of 1.82%. DuPont de Nemours's payout ratio is presently 185.37%.

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.