JFS Wealth Advisors LLC Has $99,000 Holdings in DuPont de Nemours, Inc. (NYSE:DD)

JFS Wealth Advisors LLC raised its position in DuPont de Nemours, Inc. (NYSE:DD) by 147.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,114 shares of the basic materials company’s stock after purchasing an additional 664 shares during the period. JFS Wealth Advisors LLC’s holdings in DuPont de Nemours were worth $99,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Palisade Asset Management LLC acquired a new stake in DuPont de Nemours in the 1st quarter valued at approximately $25,000. ESL Trust Services LLC acquired a new stake in shares of DuPont de Nemours in the first quarter valued at approximately $26,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of DuPont de Nemours in the second quarter worth $27,000. Denver PWM LLC acquired a new position in DuPont de Nemours during the second quarter worth $28,000. Finally, Fortitude Family Office LLC grew its position in DuPont de Nemours by 46.6% in the second quarter. Fortitude Family Office LLC now owns 412 shares of the basic materials company’s stock valued at $33,000 after purchasing an additional 131 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Stock Down 0.6 %

DuPont de Nemours stock opened at $82.48 on Friday. DuPont de Nemours, Inc. has a twelve month low of $61.14 and a twelve month high of $90.06. The stock has a market cap of $34.45 billion, a P/E ratio of 54.26, a P/E/G ratio of 2.20 and a beta of 1.34. The company’s 50-day moving average price is $84.15 and its two-hundred day moving average price is $80.84. The company has a quick ratio of 1.44, a current ratio of 2.21 and a debt-to-equity ratio of 0.30.

DuPont de Nemours (NYSE:DD) last announced its earnings results on Wednesday, July 31st. The basic materials company reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.12. The company had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.05 billion. DuPont de Nemours had a return on equity of 6.31% and a net margin of 5.30%. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.85 earnings per share. As a group, analysts expect that DuPont de Nemours, Inc. will post 3.76 EPS for the current year.

DuPont de Nemours Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date is Friday, November 29th. DuPont de Nemours’s dividend payout ratio is currently 100.00%.

Wall Street Analyst Weigh In

DD has been the subject of a number of recent research reports. Barclays downgraded shares of DuPont de Nemours from an “equal weight” rating to an “underweight” rating and reduced their price objective for the stock from $88.00 to $84.00 in a research note on Monday, October 7th. Royal Bank of Canada increased their price target on DuPont de Nemours from $87.00 to $102.00 and gave the company an “outperform” rating in a research report on Monday, August 5th. Deutsche Bank Aktiengesellschaft boosted their price target on DuPont de Nemours from $92.00 to $98.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Citigroup cut their price objective on DuPont de Nemours from $95.00 to $94.00 and set a “buy” rating for the company in a report on Friday, July 12th. Finally, Morgan Stanley boosted their target price on shares of DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a report on Monday, October 21st. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $94.83.

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.