DuPont de Nemours, Inc. (NYSE:DD) Shares Acquired by Haverford Trust Co

Haverford Trust Co boosted its stake in DuPont de Nemours, Inc. (NYSE:DD) by 0.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 137,010 shares of the basic materials company’s stock after acquiring an additional 173 shares during the period. Haverford Trust Co’s holdings in DuPont de Nemours were worth $10,447,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Prudential Financial Inc. grew its stake in DuPont de Nemours by 337.5% in the 4th quarter. Prudential Financial Inc. now owns 1,278,583 shares of the basic materials company’s stock valued at $97,492,000 after acquiring an additional 986,366 shares during the last quarter. Congress Wealth Management LLC DE raised its position in shares of DuPont de Nemours by 0.8% in the 4th quarter. Congress Wealth Management LLC DE now owns 91,862 shares of the basic materials company’s stock valued at $6,970,000 after purchasing an additional 708 shares in the last quarter. Walnut Level Capital LLC lifted its holdings in DuPont de Nemours by 65.2% during the 4th quarter. Walnut Level Capital LLC now owns 115,674 shares of the basic materials company’s stock worth $8,820,000 after buying an additional 45,674 shares during the last quarter. Crowley Wealth Management Inc. bought a new position in shares of DuPont de Nemours during the fourth quarter valued at approximately $101,000. Finally, Vanguard Group Inc. grew its stake in shares of DuPont de Nemours by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 46,596,215 shares of the basic materials company’s stock worth $3,552,961,000 after purchasing an additional 353,010 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on DD shares. UBS Group raised their price target on shares of DuPont de Nemours from $102.00 to $103.00 and gave the stock a “buy” rating in a report on Tuesday, February 25th. BMO Capital Markets boosted their price target 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. Wells Fargo & Company cut their price target on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 12th. Barclays upgraded DuPont de Nemours from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $85.00 to $89.00 in a research report on Thursday, February 13th. Finally, StockNews.com cut DuPont de Nemours from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $99.17.

DuPont de Nemours Trading Down 2.2 %

Shares of DuPont de Nemours stock opened at $75.25 on Monday. The stock has a market cap of $31.46 billion, a price-to-earnings ratio of 45.06, a PEG ratio of 2.15 and a beta of 1.29. DuPont de Nemours, Inc. has a 12-month low of $72.38 and a 12-month high of $90.06. The company has a fifty day simple moving average of $78.46 and a 200-day simple moving average of $80.89. 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 earnings per share 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%. On average, equities analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.18%. This is an increase from DuPont de Nemours’s previous quarterly dividend of $0.38. The ex-dividend date was Monday, March 3rd. DuPont de Nemours’s dividend payout ratio (DPR) is 98.20%.

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.