Thrivent Financial for Lutherans Has $15.98 Million Stake in DuPont de Nemours, Inc. (NYSE:DD)

Thrivent Financial for Lutherans raised its position in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 243.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 209,142 shares of the basic materials company's stock after acquiring an additional 148,270 shares during the period. Thrivent Financial for Lutherans owned approximately 0.05% of DuPont de Nemours worth $15,982,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Choreo LLC increased its position in DuPont de Nemours by 23.4% during the 4th quarter. Choreo LLC now owns 43,307 shares of the basic materials company's stock worth $3,296,000 after buying an additional 8,205 shares during the period. Merit Financial Group LLC raised its stake in DuPont de Nemours by 36.4% in 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 in the last quarter. Jennison Associates LLC boosted its holdings in DuPont de Nemours by 2.0% in the 3rd quarter. Jennison Associates LLC now owns 491,028 shares of the basic materials company's stock valued at $43,756,000 after purchasing an additional 9,730 shares during the period. Grandfield & Dodd LLC grew its position 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 in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of DuPont de Nemours by 3.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,868,586 shares of the basic materials company's stock worth $218,730,000 after purchasing an additional 91,108 shares during the period. Institutional investors and hedge funds own 73.96% of the company's stock.

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Wall Street Analyst Weigh In

DD has been the topic of a number of recent research reports. Royal Bank of Canada lowered their price objective 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. BMO Capital Markets boosted their price target on DuPont de Nemours from $105.00 to $112.00 and gave the company an "outperform" rating in a research note on Thursday, February 13th. Wells Fargo & Company reduced their price objective on shares of 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. Citigroup boosted their target price on shares of DuPont de Nemours from $88.00 to $95.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. Finally, JPMorgan Chase & Co. reduced their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating on the stock in a research report on Wednesday, January 15th. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $99.17.

DuPont de Nemours Trading Down 0.0 %

Shares of DD stock traded down $0.01 during mid-day trading on Wednesday, reaching $76.45. 1,195,132 shares of the stock traded hands, compared to its average volume of 2,100,022. The company has a market cap of $31.96 billion, a price-to-earnings ratio of 45.78, a price-to-earnings-growth 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's fifty day simple moving average is $78.53 and its two-hundred day simple moving average is $80.84. DuPont de Nemours, Inc. has a 1-year low of $72.38 and a 1-year high of $90.06.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted 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 net margin of 5.47% and a return on equity of 7.12%. On average, research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were given a dividend of $0.41 per share. This is a positive change from DuPont de Nemours's previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a yield of 2.15%. The ex-dividend date was Monday, March 3rd. DuPont de Nemours's dividend payout ratio (DPR) is currently 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.