Banco Bilbao Vizcaya Argentaria S.A. raised its position in DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 4.5% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 8,988 shares of the basic materials company’s stock after acquiring an additional 386 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in DuPont de Nemours were worth $671,000 as of its most recent filing with the SEC.
Other institutional investors have also made changes to their positions in the company. Ritholtz Wealth Management grew its holdings in shares of DuPont de Nemours by 48.8% in the 1st quarter. Ritholtz Wealth Management now owns 4,462 shares of the basic materials company’s stock valued at $333,000 after acquiring an additional 1,464 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of DuPont de Nemours by 334.4% during the 1st quarter. Sequoia Financial Advisors LLC now owns 256,053 shares of the basic materials company’s stock worth $19,122,000 after purchasing an additional 197,115 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in shares of DuPont de Nemours by 6.6% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 80,385 shares of the basic materials company’s stock worth $6,003,000 after purchasing an additional 4,995 shares in the last quarter. Oppenheimer & Co. Inc. boosted its holdings in shares of DuPont de Nemours by 11.8% in the 1st quarter. Oppenheimer & Co. Inc. now owns 54,489 shares of the basic materials company’s stock valued at $4,069,000 after buying an additional 5,751 shares during the last quarter. Finally, Summit Trail Advisors LLC grew its stake in shares of DuPont de Nemours by 37.4% in the first quarter. Summit Trail Advisors LLC now owns 23,923 shares of the basic materials company’s stock valued at $1,787,000 after buying an additional 6,509 shares in the last quarter. Institutional investors own 73.96% of the company’s stock.
DuPont de Nemours Price Performance
DuPont de Nemours stock opened at $77.2410 on Friday. The firm has a market cap of $32.34 billion, a PE ratio of -164.34, a price-to-earnings-growth ratio of 1.93 and a beta of 1.06. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.41 and a quick ratio of 0.94. The stock’s fifty day moving average price is $72.41 and its two-hundred day moving average price is $71.44. DuPont de Nemours, Inc. has a one year low of $53.77 and a one year high of $90.06.
DuPont de Nemours Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 29th will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, August 29th. DuPont de Nemours’s dividend payout ratio (DPR) is currently -348.94%.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on DD shares. Wells Fargo & Company upped their price objective on DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, July 14th. JPMorgan Chase & Co. raised their target price on shares of DuPont de Nemours from $78.00 to $93.00 and gave the stock an “overweight” rating in a research note on Friday, May 16th. Royal Bank Of Canada increased their price target on shares of DuPont de Nemours from $93.00 to $94.00 and gave the company an “outperform” rating in a report on Friday, August 8th. Mizuho lifted their price target on DuPont de Nemours from $80.00 to $85.00 and gave the stock an “outperform” rating in a report on Tuesday, July 15th. Finally, KeyCorp boosted their price target on DuPont de Nemours from $87.00 to $92.00 and gave the company an “overweight” rating in a research note on Wednesday, August 6th. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, DuPont de Nemours currently has an average rating of “Moderate Buy” and a consensus target price of $88.25.
Check Out Our Latest Stock Analysis on DuPont de Nemours
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.
See Also
- Five stocks we like better than DuPont de Nemours
- Mastering Discipline: Overcoming Emotional Challenges In Trading
- Equal Weight ETFs: Hidden Upside in Today’s Market
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Zillow Group Approaching Key Technical Levels: Is It Time to Buy?
- High Dividend REITs: Are They an Ideal Way to Diversify?
- For True Diversification: 3 Stocks You Can Buy Now
Receive News & Ratings for DuPont de Nemours Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DuPont de Nemours and related companies with MarketBeat.com's FREE daily email newsletter.