DuPont de Nemours, Inc. (NYSE:DD) Stock Holdings Increased by Intellectus Partners LLC

Intellectus Partners LLC increased its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 2.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,086 shares of the basic materials company’s stock after purchasing an additional 300 shares during the quarter. Intellectus Partners LLC’s holdings in DuPont de Nemours were worth $903,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DD. Aster Capital Management DIFC Ltd boosted its stake in shares of DuPont de Nemours by 479.4% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 365 shares of the basic materials company’s stock valued at $28,000 after buying an additional 302 shares during the period. Vermillion Wealth Management Inc. purchased a new stake in shares of DuPont de Nemours during the fourth quarter worth $28,000. Byrne Asset Management LLC acquired a new stake in DuPont de Nemours during the fourth quarter valued at $29,000. Vision Financial Markets LLC purchased a new position in DuPont de Nemours in the fourth quarter valued at about $31,000. Finally, Golden State Wealth Management LLC acquired a new position in DuPont de Nemours in the 4th quarter worth about $33,000. 73.96% of the stock is owned by hedge funds and other institutional investors.

DuPont de Nemours Trading Up 1.1%

Shares of NYSE:DD opened at $68.16 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.88 and a current ratio of 1.33. The stock’s 50-day moving average is $65.07 and its 200-day moving average is $73.96. The company has a market cap of $28.52 billion, a P/E ratio of 40.81, a P/E/G ratio of 2.15 and a beta of 1.05. DuPont de Nemours, Inc. has a 52-week low of $53.77 and a 52-week high of $90.06.

DuPont de Nemours (NYSE:DD) last released its earnings results on Friday, May 2nd. The basic materials company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.08. The firm had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.05 billion. DuPont de Nemours had a return on equity of 7.12% and a net margin of 5.47%. The company’s revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.79 EPS. Equities research analysts predict that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Friday, May 30th will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date is Friday, May 30th. DuPont de Nemours’s dividend payout ratio is currently -863.16%.

Analyst Upgrades and Downgrades

DD has been the subject of a number of recent research reports. Barclays reduced their price target on DuPont de Nemours from $89.00 to $73.00 and set an “equal weight” rating for the company in a report on Tuesday, April 29th. Citigroup cut their price objective on shares of DuPont de Nemours from $95.00 to $74.00 and set a “buy” rating on the stock in a research report on Tuesday, April 8th. KeyCorp boosted their target price on shares of DuPont de Nemours from $81.00 to $85.00 and gave the stock an “overweight” rating in a research report on Monday, May 5th. Mizuho cut their price target on shares of DuPont de Nemours from $100.00 to $80.00 and set an “outperform” rating on the stock in a report on Tuesday, April 15th. Finally, Bank of America raised shares of DuPont de Nemours from an “underperform” rating to a “neutral” rating and reduced their price objective for the company from $80.00 to $75.00 in a research note on Tuesday, April 15th. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $85.92.

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.