DuPont de Nemours, Inc. (NYSE:DD) Shares Acquired by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC grew its holdings in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 141.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,847 shares of the basic materials company's stock after purchasing an additional 20,988 shares during the quarter. Tower Research Capital LLC TRC's holdings in DuPont de Nemours were worth $2,733,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. MetLife Investment Management LLC raised its position in shares of DuPont de Nemours by 1.9% in the fourth quarter. MetLife Investment Management LLC now owns 110,626 shares of the basic materials company's stock valued at $8,435,000 after buying an additional 2,058 shares during the last quarter. Natixis raised its holdings in DuPont de Nemours by 29.0% in the 4th quarter. Natixis now owns 131,691 shares of the basic materials company's stock valued at $10,041,000 after acquiring an additional 29,607 shares during the last quarter. Norinchukin Bank The lifted its stake in shares of DuPont de Nemours by 14.7% during the 4th quarter. Norinchukin Bank The now owns 21,102 shares of the basic materials company's stock worth $1,609,000 after purchasing an additional 2,706 shares during the period. Ossiam grew its holdings in DuPont de Nemours by 3.9% in the 4th quarter. Ossiam now owns 35,659 shares of the basic materials company's stock valued at $2,719,000 after buying an additional 1,341 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S increased its stake in shares of DuPont de Nemours by 7.2% during the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 20,431 shares of the basic materials company's stock valued at $1,558,000 after acquiring an additional 1,364 shares during the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

DuPont de Nemours Stock Up 4.8 %

DD stock traded up $3.01 during trading on Thursday, reaching $66.07. The stock had a trading volume of 4,092,341 shares, compared to its average volume of 2,415,365. DuPont de Nemours, Inc. has a 1-year low of $53.77 and a 1-year high of $90.06. The firm has a fifty day moving average price of $71.78 and a 200 day moving average price of $77.53. 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 company has a market capitalization of $27.65 billion, a P/E ratio of 39.56, a PEG ratio of 2.15 and a beta of 1.25.

DuPont de Nemours (NYSE:DD - Get Free Report) last issued its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, beating 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, equities analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Increases Dividend

The company also recently declared 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 dividend yield of 2.48%. The ex-dividend date was Monday, March 3rd. DuPont de Nemours's dividend payout ratio is currently 98.20%.

Analyst Ratings Changes

Several equities analysts recently commented on DD shares. Wells Fargo & Company dropped their price target on shares of DuPont de Nemours from $105.00 to $81.00 and set an "overweight" rating for the company in a research report on Wednesday, April 9th. BMO Capital Markets upped their price objective on DuPont de Nemours from $105.00 to $112.00 and gave the stock an "outperform" rating in a report on Thursday, February 13th. StockNews.com cut DuPont de Nemours from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Royal Bank of Canada dropped their price target on DuPont de Nemours from $101.00 to $90.00 and set an "outperform" rating for the company in a research note on Thursday. Finally, UBS Group reduced their price objective on DuPont de Nemours from $103.00 to $75.00 and set a "buy" rating on the stock in a research note on Tuesday, April 15th. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, DuPont de Nemours currently has a consensus rating of "Moderate Buy" and an average target price of $86.93.

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.