DuPont de Nemours, Inc. (NYSE:DD) Stock Holdings Increased by Vanguard Group Inc.

Vanguard Group Inc. increased its holdings in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 0.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,596,215 shares of the basic materials company's stock after buying an additional 353,010 shares during the quarter. Vanguard Group Inc. owned about 11.15% of DuPont de Nemours worth $3,552,961,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. increased 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 valued at $80,707,000 after buying an additional 859,333 shares during the period. Raymond James Financial Inc. bought a new position in shares of DuPont de Nemours in the fourth quarter valued at approximately $50,063,000. Franklin Resources Inc. increased its stake 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. Teacher Retirement System of Texas raised its holdings in DuPont de Nemours by 601.8% during the fourth quarter. Teacher Retirement System of Texas now owns 647,076 shares of the basic materials company's stock worth $49,340,000 after purchasing an additional 554,880 shares in the last quarter. Finally, Boston Partners lifted its position in DuPont de Nemours by 32.7% in the fourth quarter. Boston Partners now owns 2,213,133 shares of the basic materials company's stock worth $168,759,000 after purchasing an additional 545,087 shares during the period. 73.96% of the stock is currently owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. StockNews.com cut DuPont de Nemours from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. JPMorgan Chase & Co. decreased their target price on 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 shares of DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 price target on the stock in a research report on Friday, January 17th. BMO Capital Markets raised 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. Finally, Citigroup lifted their price objective on shares of DuPont de Nemours from $88.00 to $95.00 and gave the stock a "buy" rating in a research note on Thursday, February 13th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $99.17.

DuPont de Nemours Trading Down 2.6 %

Shares of DD traded down $1.96 during midday trading on Friday, hitting $74.00. The stock had a trading volume of 3,562,384 shares, compared to its average volume of 2,221,328. The business has a 50-day simple moving average of $78.45 and a two-hundred day simple moving average of $80.74. The firm has a market cap of $30.94 billion, a P/E ratio of 44.31, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.22. DuPont de Nemours, Inc. has a fifty-two week low of $72.38 and a fifty-two week high of $90.06.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 EPS 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%. As a group, equities analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were given a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.22%. 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. DuPont de Nemours's dividend payout ratio (DPR) 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.