Shelton Capital Management grew its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 1,750.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,703 shares of the basic materials company's stock after buying an additional 50,801 shares during the quarter. Shelton Capital Management's holdings in DuPont de Nemours were worth $4,095,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Hager Investment Management Services LLC purchased a new position in DuPont de Nemours in the 4th quarter worth approximately $26,000. Aster Capital Management DIFC Ltd grew its holdings in DuPont de Nemours by 479.4% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 365 shares of the basic materials company's stock valued at $28,000 after purchasing an additional 302 shares in the last quarter. Byrne Asset Management LLC purchased a new stake in DuPont de Nemours during the 4th quarter worth $29,000. Vision Financial Markets LLC purchased a new stake in DuPont de Nemours during the 4th quarter worth $31,000. Finally, Golden State Wealth Management LLC acquired a new position in DuPont de Nemours in the 4th quarter worth $33,000. Institutional investors and hedge funds own 73.96% of the company's stock.
DuPont de Nemours Stock Performance
NYSE DD traded up $1.10 during trading hours on Monday, reaching $59.99. The company's stock had a trading volume of 1,259,011 shares, compared to its average volume of 2,351,934. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.22. The business has a 50-day simple moving average of $75.15 and a 200 day simple moving average of $79.05. DuPont de Nemours, Inc. has a 52 week low of $53.77 and a 52 week high of $90.06. The stock has a market cap of $25.11 billion, a PE ratio of 35.92, a PEG ratio of 2.15 and a beta of 1.25.
DuPont de Nemours (NYSE:DD - Get Free Report) last announced its quarterly 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%. Equities research analysts predict that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.
DuPont de Nemours Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date was Monday, March 3rd. This is a boost from DuPont de Nemours's previous quarterly dividend of $0.38. DuPont de Nemours's dividend payout ratio (DPR) is 98.20%.
Analysts Set New Price Targets
A number of analysts have recently issued reports on DD shares. Wells Fargo & Company dropped their target price on DuPont de Nemours from $105.00 to $81.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 9th. Wolfe Research raised DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 target price on the stock in a research report on Friday, January 17th. Barclays raised shares of DuPont de Nemours from an "underweight" rating to an "equal weight" rating and raised their price target for the stock from $85.00 to $89.00 in a research report on Thursday, February 13th. UBS Group upped their price target on shares of DuPont de Nemours from $102.00 to $103.00 and gave the company a "buy" rating in a report on Tuesday, February 25th. Finally, StockNews.com downgraded shares of DuPont de Nemours from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Three research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to data from MarketBeat, DuPont de Nemours has a consensus rating of "Moderate Buy" and an average price target of $92.38.
Check Out Our Latest Analysis on DuPont de Nemours
About DuPont de Nemours
(
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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