TCW Group Inc. Has $51.83 Million Holdings in DuPont de Nemours, Inc. (NYSE:DD)

TCW Group Inc. increased its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 4.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 679,694 shares of the basic materials company's stock after acquiring an additional 27,988 shares during the quarter. TCW Group Inc. owned approximately 0.16% of DuPont de Nemours worth $51,827,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Assenagon Asset Management S.A. grew its stake in DuPont de Nemours by 431.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,058,446 shares of the basic materials company's stock worth $80,707,000 after buying an additional 859,333 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of DuPont de Nemours by 9.8% during the third quarter. Franklin Resources Inc. now owns 6,410,485 shares of the basic materials company's stock valued at $556,751,000 after acquiring an additional 570,703 shares during the period. Zacks Investment Management acquired a new position in shares of DuPont de Nemours during the third quarter valued at $42,810,000. Two Sigma Advisers LP grew its position in shares of DuPont de Nemours by 48.3% during the third quarter. Two Sigma Advisers LP now owns 1,415,900 shares of the basic materials company's stock worth $126,171,000 after acquiring an additional 461,400 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in shares of DuPont de Nemours by 164.9% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 718,019 shares of the basic materials company's stock worth $63,983,000 after acquiring an additional 446,948 shares during the period. Institutional investors own 73.96% of the company's stock.

DuPont de Nemours Price Performance

NYSE:DD traded down $0.42 during mid-day trading on Wednesday, reaching $81.46. 1,407,349 shares of the stock were exchanged, compared to its average volume of 2,503,174. 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 fifty day moving average price of $77.75 and a 200 day moving average price of $81.30. DuPont de Nemours, Inc. has a 1-year low of $68.21 and a 1-year high of $90.06. The firm has a market capitalization of $34.05 billion, a PE ratio of 48.78, a PEG ratio of 2.15 and a beta of 1.34.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its quarterly earnings data 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 net margin of 5.47% and a return on equity of 7.12%. Research analysts expect 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 disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date of this dividend is Monday, March 3rd. This is an increase from DuPont de Nemours's previous quarterly dividend of $0.38. DuPont de Nemours's dividend payout ratio is 91.02%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on DD shares. JPMorgan Chase & Co. reduced 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 note on Wednesday, January 15th. Wolfe Research upgraded DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 price objective for the company in a research report on Friday, January 17th. Citigroup raised their target price on DuPont de Nemours from $88.00 to $95.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. BMO Capital Markets boosted their price target on DuPont de Nemours from $105.00 to $112.00 and gave the stock an "outperform" rating in a research report on Thursday, February 13th. Finally, Wells Fargo & Company decreased their price target on DuPont de Nemours from $107.00 to $105.00 and set an "overweight" rating for the company in a research note on Wednesday, February 12th. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $99.17.

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.