Swiss National Bank Has $89.94 Million Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Swiss National Bank cut its holdings in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 5.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,179,473 shares of the basic materials company's stock after selling 61,500 shares during the period. Swiss National Bank owned approximately 0.28% of DuPont de Nemours worth $89,935,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Hager Investment Management Services LLC acquired a new position in DuPont de Nemours during the fourth quarter valued at approximately $26,000. Byrne Asset Management LLC acquired a new position in DuPont de Nemours in the 4th quarter valued at $29,000. Vision Financial Markets LLC bought a new position in DuPont de Nemours in the 4th quarter worth $31,000. Golden State Wealth Management LLC acquired a new position in DuPont de Nemours during the 4th quarter worth $33,000. Finally, Noble Wealth Management PBC bought a new position in shares of DuPont de Nemours in the fourth quarter worth about $35,000. 73.96% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

DD has been the subject of a number of research analyst reports. JPMorgan Chase & Co. cut their price target on DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating for the company in a report on Wednesday, January 15th. BMO Capital Markets upped their price objective on shares of DuPont de Nemours from $105.00 to $112.00 and gave the company an "outperform" rating in a research report on Thursday, February 13th. Barclays raised DuPont de Nemours from an "underweight" rating to an "equal weight" rating and lifted their target price for the stock from $85.00 to $89.00 in a research report on Thursday, February 13th. UBS Group upped their price target on DuPont de Nemours from $102.00 to $103.00 and gave the company a "buy" rating in a report on Tuesday, February 25th. Finally, Wolfe Research raised DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 price objective on the stock in a report on Friday, January 17th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $99.17.

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DuPont de Nemours Trading Up 0.6 %

NYSE DD traded up $0.45 during trading hours on Wednesday, hitting $77.57. The company's stock had a trading volume of 1,734,543 shares, compared to its average volume of 2,091,401. DuPont de Nemours, Inc. has a twelve month low of $72.38 and a twelve month high of $90.06. The firm has a market capitalization of $32.43 billion, a P/E ratio of 46.45, a PEG ratio of 2.15 and a beta of 1.29. The company has a quick ratio of 0.88, a current ratio of 1.33 and a debt-to-equity ratio of 0.22. The stock has a fifty day moving average of $78.29 and a 200 day moving average of $81.02.

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 earnings per share for the quarter, beating 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 earnings per share for the current fiscal year.

DuPont de Nemours Increases Dividend

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

DuPont de Nemours Company 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.