DuPont de Nemours, Inc. (NYSE:DD) Shares Purchased by HighPoint Advisor Group LLC

HighPoint Advisor Group LLC boosted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 8.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 44,185 shares of the basic materials company’s stock after acquiring an additional 3,605 shares during the quarter. HighPoint Advisor Group LLC’s holdings in DuPont de Nemours were worth $3,441,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Meridian Investment Counsel Inc. raised its holdings in DuPont de Nemours by 1.2% in the 4th quarter. Meridian Investment Counsel Inc. now owns 40,484 shares of the basic materials company’s stock valued at $3,087,000 after buying an additional 469 shares during the period. Franklin Resources Inc. increased its position in shares of DuPont de Nemours by 7.5% during the fourth quarter. Franklin Resources Inc. now owns 6,894,207 shares of the basic materials company’s stock valued at $525,683,000 after acquiring an additional 483,722 shares during the last quarter. Clearbridge Investments LLC raised its stake in shares of DuPont de Nemours by 30.8% in the 4th quarter. Clearbridge Investments LLC now owns 33,556 shares of the basic materials company’s stock valued at $2,559,000 after acquiring an additional 7,910 shares during the period. United Bank lifted its holdings in shares of DuPont de Nemours by 14.4% in the 4th quarter. United Bank now owns 12,604 shares of the basic materials company’s stock worth $961,000 after acquiring an additional 1,589 shares during the last quarter. Finally, CIBC Private Wealth Group LLC lifted its holdings in shares of DuPont de Nemours by 97.2% in the 4th quarter. CIBC Private Wealth Group LLC now owns 24,306 shares of the basic materials company’s stock worth $1,810,000 after acquiring an additional 11,980 shares during the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

DD has been the topic of a number of research reports. Wolfe Research upgraded 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 note on Friday, January 17th. Citigroup boosted their price objective on DuPont de Nemours from $88.00 to $95.00 and gave the company a “buy” 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. BMO Capital Markets boosted their price target on shares of DuPont de Nemours from $105.00 to $112.00 and gave the stock an “outperform” rating in a research note on Thursday, February 13th. Finally, UBS Group increased their price target on shares of DuPont de Nemours from $102.00 to $103.00 and gave the stock a “buy” rating in a research report on Tuesday, February 25th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, DuPont de Nemours currently has an average rating of “Moderate Buy” and a consensus price target of $99.17.

DuPont de Nemours Trading Down 2.6 %

NYSE DD opened at $74.00 on Monday. DuPont de Nemours, Inc. has a 52 week low of $72.38 and a 52 week high of $90.06. The firm has a 50 day moving average of $78.45 and a two-hundred day moving average of $80.75. 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 has a market capitalization of $30.94 billion, a PE ratio of 44.31, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.15. DuPont de Nemours had a return on equity of 7.12% and a net margin of 5.47%. As a group, research analysts expect that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were paid a $0.41 dividend. 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 2.22%. The ex-dividend date of this dividend was Monday, March 3rd. DuPont de Nemours’s dividend payout ratio is currently 98.20%.

DuPont de Nemours 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.