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DuPont de Nemours, Inc. (NYSE:DD) Shares Purchased by Private Advisor Group LLC

DuPont de Nemours logo with Basic Materials background

Private Advisor Group LLC raised its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 4.9% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 73,896 shares of the basic materials company's stock after purchasing an additional 3,432 shares during the period. Private Advisor Group LLC's holdings in DuPont de Nemours were worth $5,635,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in DD. Allspring Global Investments Holdings LLC increased its holdings in shares of DuPont de Nemours by 2.8% during the third quarter. Allspring Global Investments Holdings LLC now owns 20,126 shares of the basic materials company's stock valued at $1,793,000 after acquiring an additional 540 shares in the last quarter. Foundations Investment Advisors LLC grew its holdings in shares of DuPont de Nemours by 8.0% in the third quarter. Foundations Investment Advisors LLC now owns 4,837 shares of the basic materials company's stock valued at $431,000 after purchasing an additional 360 shares in the last quarter. International Assets Investment Management LLC grew its stake in shares of DuPont de Nemours by 4,211.4% during the third quarter. International Assets Investment Management LLC now owns 250,964 shares of the basic materials company's stock worth $22,363,000 after purchasing an additional 245,143 shares in the last quarter. Busey Bank increased its position in shares of DuPont de Nemours by 4.7% during the third quarter. Busey Bank now owns 3,243 shares of the basic materials company's stock worth $289,000 after purchasing an additional 145 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC increased its holdings in shares of DuPont de Nemours by 1.0% in the third quarter. Legacy Wealth Asset Management LLC now owns 16,387 shares of the basic materials company's stock valued at $1,460,000 after purchasing an additional 167 shares during the period. 73.96% of the stock is owned by hedge funds and other institutional investors.

DuPont de Nemours Stock Down 0.5 %

Shares of DD stock traded down $0.45 during midday trading on Wednesday, reaching $81.43. 495,486 shares of the stock were exchanged, compared to its average volume of 2,478,079. The firm has a market cap of $34.04 billion, a PE ratio of 48.80, a price-to-earnings-growth ratio of 2.15 and a beta of 1.34. The company's 50 day moving average is $77.75 and its two-hundred day moving average is $81.30. DuPont de Nemours, Inc. has a 1 year low of $68.21 and a 1 year high of $90.06. 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 posted its quarterly earnings results 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, equities research analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be issued a $0.41 dividend. 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. This represents a $1.64 dividend on an annualized basis and a yield of 2.01%. DuPont de Nemours's payout ratio is presently 91.02%.

Wall Street Analysts Forecast Growth

DD has been the subject of several analyst reports. 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. Royal Bank of Canada cut their target price on DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating on the stock in a research note on Monday, February 10th. Citigroup lifted their target price on shares of DuPont de Nemours from $88.00 to $95.00 and gave the stock a "buy" rating in a research report on Thursday, February 13th. Barclays raised shares of DuPont de Nemours from an "underweight" rating to an "equal weight" rating and increased their target price for the stock from $85.00 to $89.00 in a research report on Thursday, February 13th. Finally, Wells Fargo & Company lowered their price target on DuPont de Nemours from $107.00 to $105.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 12th. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $99.17.

Get Our Latest Research Report on DD

DuPont de Nemours Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for DuPont de Nemours (NYSE:DD)

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