DuPont de Nemours, Inc. (NYSE:DD) Shares Bought by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. grew its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 7.0% during the 4th quarter, Holdings Channel reports. The firm owned 65,616 shares of the basic materials company’s stock after buying an additional 4,288 shares during the period. Daiwa Securities Group Inc.’s holdings in DuPont de Nemours were worth $5,003,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. CWA Asset Management Group LLC acquired a new stake in DuPont de Nemours during the 3rd quarter valued at $313,000. United Bank lifted its position in shares of DuPont de Nemours by 2.7% in the third quarter. United Bank now owns 11,015 shares of the basic materials company’s stock valued at $982,000 after acquiring an additional 290 shares in the last quarter. Assetmark Inc. boosted its stake in shares of DuPont de Nemours by 72.5% during the third quarter. Assetmark Inc. now owns 1,659 shares of the basic materials company’s stock valued at $148,000 after acquiring an additional 697 shares during the last quarter. Atria Investments Inc increased its position in DuPont de Nemours by 16.6% during the 3rd quarter. Atria Investments Inc now owns 31,358 shares of the basic materials company’s stock worth $2,794,000 after purchasing an additional 4,460 shares in the last quarter. Finally, Sigma Planning Corp increased its position in DuPont de Nemours by 2.7% during the 3rd quarter. Sigma Planning Corp now owns 13,366 shares of the basic materials company’s stock worth $1,191,000 after purchasing an additional 348 shares in the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

DD has been the topic of several analyst reports. Citigroup raised their price target 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. JPMorgan Chase & Co. decreased their price objective on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a report on Wednesday, January 15th. Wells Fargo & Company lowered their price objective on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating for the company in a research report on Wednesday, February 12th. BMO Capital Markets increased their target price on DuPont de Nemours from $105.00 to $112.00 and gave the stock an “outperform” rating in a research report on Thursday, February 13th. Finally, Royal Bank of Canada cut 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 Monday, February 10th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and an average price target of $99.17.

DuPont de Nemours Trading Down 1.0 %

NYSE DD opened at $75.53 on Thursday. The company’s fifty day simple moving average is $78.16 and its 200-day simple moving average is $81.21. The stock has a market cap of $31.58 billion, a P/E ratio of 45.23, a PEG ratio of 2.15 and a beta of 1.29. DuPont de Nemours, Inc. has a 52 week low of $72.38 and a 52 week high of $90.06. 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 (NYSE:DD) last issued its quarterly earnings results on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, beating 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%. Equities research analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be given a $0.41 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.17%. This is an increase from DuPont de Nemours’s previous quarterly dividend of $0.38. DuPont de Nemours’s payout ratio is presently 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.