DuPont de Nemours, Inc. (NYSE:DD) Shares Acquired by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ increased its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 4.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 94,931 shares of the basic materials company's stock after buying an additional 4,413 shares during the period. Skandinaviska Enskilda Banken AB publ's holdings in DuPont de Nemours were worth $7,210,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Hager Investment Management Services LLC acquired a new position in shares of DuPont de Nemours during the 4th quarter valued at about $26,000. Byrne Asset Management LLC acquired a new position in DuPont de Nemours during the fourth quarter worth approximately $29,000. Vision Financial Markets LLC purchased a new position in DuPont de Nemours during the fourth quarter worth approximately $31,000. Golden State Wealth Management LLC purchased a new position in DuPont de Nemours during the fourth quarter worth approximately $33,000. Finally, FSA Wealth Management LLC acquired a new position in shares of DuPont de Nemours in the 3rd quarter valued at $39,000. Hedge funds and other institutional investors own 73.96% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on DD shares. StockNews.com lowered DuPont de Nemours from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Barclays upgraded DuPont de Nemours from an "underweight" rating to an "equal weight" rating and raised their price objective for the stock from $85.00 to $89.00 in a report on Thursday, February 13th. Royal Bank of Canada dropped their target price on shares of DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating for the company in a research report on Monday, February 10th. 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 report on Friday, January 17th. Finally, BMO Capital Markets boosted their price objective 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. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, DuPont de Nemours has an average rating of "Moderate Buy" and an average target price of $99.17.

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DuPont de Nemours Stock Up 0.6 %

NYSE:DD traded up $0.45 on Wednesday, reaching $77.57. The stock had a trading volume of 1,734,543 shares, compared to its average volume of 2,091,401. The company has a 50-day moving average of $78.29 and a 200 day moving average of $81.02. 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 stock has a market cap of $32.43 billion, a P/E ratio of 46.45, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29. DuPont de Nemours, Inc. has a 12-month low of $72.38 and a 12-month high of $90.06.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its quarterly earnings results on Tuesday, February 11th. The basic materials company reported $1.13 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%. On average, research analysts predict that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.41 per share. This is a boost from DuPont de Nemours's previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a dividend yield of 2.11%. The ex-dividend date was Monday, March 3rd. DuPont de Nemours's dividend payout ratio is 98.20%.

About DuPont de Nemours

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.