DuPont de Nemours, Inc. (NYSE:DD) Shares Acquired by Stifel Financial Corp

Stifel Financial Corp boosted its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 7.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 263,283 shares of the basic materials company's stock after purchasing an additional 17,520 shares during the quarter. Stifel Financial Corp owned approximately 0.06% of DuPont de Nemours worth $20,076,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Choreo LLC lifted its position in DuPont de Nemours by 23.4% in the fourth quarter. Choreo LLC now owns 43,307 shares of the basic materials company's stock valued at $3,296,000 after acquiring an additional 8,205 shares during the last quarter. Merit Financial Group LLC increased 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 worth $1,410,000 after purchasing an additional 4,939 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in DuPont de Nemours during the fourth quarter worth $1,343,000. Grandfield & Dodd LLC grew its stake in shares of DuPont de Nemours by 72.0% during the 4th quarter. Grandfield & Dodd LLC now owns 7,538 shares of the basic materials company's stock worth $575,000 after purchasing an additional 3,155 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in DuPont de Nemours by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,868,586 shares of the basic materials company's stock valued at $218,730,000 after buying an additional 91,108 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on DD. BMO Capital Markets lifted their price target 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. Wells Fargo & Company lowered their price target on DuPont de Nemours from $105.00 to $81.00 and set an "overweight" rating for the company in a report on Wednesday, April 9th. UBS Group cut their target price on DuPont de Nemours from $103.00 to $75.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. JPMorgan Chase & Co. dropped their target price on shares of DuPont de Nemours from $101.00 to $76.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Finally, Barclays cut their price objective on DuPont de Nemours from $89.00 to $73.00 and set an "equal weight" rating on the stock in a research report on Tuesday. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $85.79.

DuPont de Nemours Stock Up 0.3 %

DuPont de Nemours stock traded up $0.18 during midday trading on Tuesday, hitting $65.85. The stock had a trading volume of 2,011,963 shares, compared to its average volume of 2,420,453. The stock has a market cap of $27.56 billion, a P/E ratio of 39.43, a P/E/G ratio of 2.15 and a beta of 1.25. The business has a fifty day moving average price of $71.07 and a 200 day moving average price of $77.13. 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, Inc. has a 12 month low of $53.77 and a 12 month high of $90.06.

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, beating the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. Research analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Friday, May 30th will be given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.49%. DuPont de Nemours's dividend payout ratio is presently 98.20%.

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.