State of New Jersey Common Pension Fund D Sells 3,742 Shares of DuPont de Nemours, Inc. (NYSE:DD)

State of New Jersey Common Pension Fund D lessened its position in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 2.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 147,007 shares of the basic materials company's stock after selling 3,742 shares during the quarter. State of New Jersey Common Pension Fund D's holdings in DuPont de Nemours were worth $11,209,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Hager Investment Management Services LLC acquired a new stake in DuPont de Nemours in the 4th quarter valued at $26,000. Byrne Asset Management LLC acquired a new stake in DuPont de Nemours in the 4th quarter valued at $29,000. Golden State Wealth Management LLC acquired a new stake in DuPont de Nemours in the 4th quarter valued at $33,000. R Squared Ltd acquired a new stake in DuPont de Nemours in the 4th quarter valued at $37,000. Finally, Ashton Thomas Securities LLC acquired a new stake in DuPont de Nemours in the 3rd quarter valued at $38,000. Institutional investors and hedge funds own 73.96% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Citigroup boosted their price target on DuPont de Nemours from $88.00 to $95.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. JPMorgan Chase & Co. decreased their price target on DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating on the stock in a research note on Wednesday, January 15th. Royal Bank of Canada decreased their price target 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. Wells Fargo & Company reduced their price objective 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. Finally, BMO Capital Markets boosted their price objective on DuPont de Nemours from $105.00 to $112.00 and gave the stock an "outperform" rating in a research note on Thursday, February 13th. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $98.75.

DuPont de Nemours Trading Down 1.4 %

Shares of DD stock traded down $1.19 on Friday, reaching $81.67. 2,763,048 shares of the stock were exchanged, compared to its average volume of 2,548,440. The stock has a market cap of $34.14 billion, a PE ratio of 48.90, a P/E/G ratio of 2.14 and a beta of 1.34. DuPont de Nemours, Inc. has a one year low of $68.21 and a one year high of $90.06. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.33 and a quick ratio of 0.88. The stock has a 50 day moving average price of $77.68 and a 200 day moving average price of $81.20.

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

DuPont de Nemours Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.01%. This is an increase from DuPont de Nemours's previous quarterly dividend of $0.38. DuPont de Nemours's dividend payout ratio is currently 91.02%.

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.