Robeco Institutional Asset Management B.V. Purchases 165,671 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Robeco Institutional Asset Management B.V. increased its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 20.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 992,906 shares of the basic materials company's stock after buying an additional 165,671 shares during the period. Robeco Institutional Asset Management B.V. owned 0.24% of DuPont de Nemours worth $75,709,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Merit Financial Group LLC lifted its position in DuPont de Nemours by 36.4% during the 4th quarter. Merit Financial Group LLC now owns 18,496 shares of the basic materials company's stock valued at $1,410,000 after purchasing an additional 4,939 shares during the period. Jennison Associates LLC increased its stake in DuPont de Nemours by 2.0% during the 3rd quarter. Jennison Associates LLC now owns 491,028 shares of the basic materials company's stock worth $43,756,000 after purchasing an additional 9,730 shares in the last quarter. Principal Financial Group Inc. increased its stake in DuPont de Nemours by 4.6% during the 3rd quarter. Principal Financial Group Inc. now owns 490,704 shares of the basic materials company's stock worth $43,727,000 after purchasing an additional 21,435 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in DuPont de Nemours by 38.4% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 36,082 shares of the basic materials company's stock worth $3,215,000 after purchasing an additional 10,012 shares in the last quarter. Finally, Fiduciary Alliance LLC bought a new stake in DuPont de Nemours during the 4th quarter worth approximately $249,000. Institutional investors and hedge funds own 73.96% of the company's stock.

DuPont de Nemours Price Performance

DuPont de Nemours stock traded up $0.11 during midday trading on Thursday, reaching $76.59. The company's stock had a trading volume of 2,303,861 shares, compared to its average volume of 2,279,611. DuPont de Nemours, Inc. has a 52 week low of $61.14 and a 52 week high of $90.06. The company has a current ratio of 2.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.29. The business has a 50-day moving average price of $78.71 and a 200-day moving average price of $81.28. The stock has a market cap of $32.01 billion, a PE ratio of 40.31, a price-to-earnings-growth ratio of 1.70 and a beta of 1.35.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.03 by $0.15. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The firm had revenue of $3.19 billion for the quarter, compared to analysts' expectations of $3.20 billion. During the same quarter in the previous year, the business posted $0.92 earnings per share. The business's revenue for the quarter was up 4.4% on a year-over-year basis. On average, sell-side analysts predict that DuPont de Nemours, Inc. will post 3.91 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently issued reports on DD shares. Morgan Stanley increased their target price on DuPont de Nemours from $88.00 to $94.00 and gave the stock an "equal weight" rating in a research note on Monday, October 21st. Citigroup decreased their price target on shares of DuPont de Nemours from $98.00 to $92.00 and set a "buy" rating for the company in a research note on Wednesday, December 18th. Royal Bank of Canada raised their price target on shares of DuPont de Nemours from $102.00 to $104.00 and gave the stock an "outperform" rating in a research note on Thursday, November 7th. Wolfe Research raised shares of DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 price target for the company in a research note on Friday, January 17th. Finally, JPMorgan Chase & Co. decreased their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating for the company in a research note on Wednesday, January 15th. One research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $98.00.

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.