DuPont de Nemours, Inc. (NYSE:DD) Shares Purchased by Trexquant Investment LP

Trexquant Investment LP boosted its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 326.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 347,734 shares of the basic materials company's stock after purchasing an additional 266,183 shares during the period. Trexquant Investment LP owned approximately 0.08% of DuPont de Nemours worth $26,515,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of DD. Choreo LLC lifted its stake in shares of DuPont de Nemours by 23.4% in the 4th quarter. Choreo LLC now owns 43,307 shares of the basic materials company's stock valued at $3,296,000 after purchasing an additional 8,205 shares during the period. Merit Financial Group LLC increased its holdings in DuPont de Nemours by 36.4% in the fourth quarter. Merit Financial Group LLC now owns 18,496 shares of the basic materials company's stock valued at $1,410,000 after buying an additional 4,939 shares in the last quarter. Grandfield & Dodd LLC boosted 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 acquiring an additional 3,155 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of DuPont de Nemours by 3.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,868,586 shares of the basic materials company's stock worth $218,730,000 after acquiring an additional 91,108 shares in the last quarter. Finally, Principal Financial Group Inc. grew its position in shares of DuPont de Nemours by 4.6% during the 3rd quarter. Principal Financial Group Inc. now owns 490,704 shares of the basic materials company's stock valued at $43,727,000 after acquiring an additional 21,435 shares during the period. Hedge funds and other institutional investors own 73.96% of the company's stock.

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Analysts Set New Price Targets

DD has been the topic of a number of recent analyst reports. Wells Fargo & Company lowered their price target on DuPont de Nemours from $107.00 to $105.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 12th. UBS Group lifted their price target on shares of DuPont de Nemours from $102.00 to $103.00 and gave the company a "buy" rating in a research note on Tuesday, February 25th. Royal Bank of Canada cut their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating for the company in a report on Monday, February 10th. JPMorgan Chase & Co. decreased their price objective on shares of DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating on the stock in a report on Wednesday, January 15th. Finally, StockNews.com lowered shares of DuPont de Nemours from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $99.17.

DuPont de Nemours Price Performance

Shares of NYSE:DD traded down $8.82 during midday trading on Friday, hitting $58.96. The company had a trading volume of 11,803,474 shares, compared to its average volume of 2,276,681. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.33 and a quick ratio of 0.88. The business's 50-day simple moving average is $78.07 and its 200-day simple moving average is $80.54. The stock has a market cap of $24.65 billion, a price-to-earnings ratio of 35.30, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29. DuPont de Nemours, Inc. has a twelve month low of $56.21 and a twelve month high of $90.06.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share 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%. On average, research analysts predict 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. Stockholders of record on Monday, March 3rd were issued a dividend of $0.41 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.78%. This is an increase from DuPont de Nemours's previous quarterly dividend of $0.38. DuPont de Nemours's dividend payout ratio (DPR) is currently 98.20%.

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.