Insigneo Advisory Services LLC Has $462,000 Stock Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Insigneo Advisory Services LLC raised its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 72.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 5,180 shares of the basic materials company’s stock after acquiring an additional 2,171 shares during the quarter. Insigneo Advisory Services LLC’s holdings in DuPont de Nemours were worth $462,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DD. Strategic Investment Solutions Inc. IL bought a new position in DuPont de Nemours during the second quarter worth $27,000. Denver PWM LLC acquired a new position in shares of DuPont de Nemours during the second quarter valued at about $28,000. Quarry LP acquired a new position in shares of DuPont de Nemours during the second quarter valued at about $37,000. Ashton Thomas Securities LLC purchased a new position in DuPont de Nemours during the third quarter worth about $38,000. Finally, FSA Wealth Management LLC purchased a new position in DuPont de Nemours during the third quarter worth about $39,000. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Stock Up 1.3 %

NYSE DD opened at $82.82 on Monday. DuPont de Nemours, Inc. has a 52 week low of $61.14 and a 52 week high of $90.06. The firm has a market capitalization of $34.61 billion, a price-to-earnings ratio of 43.59, a PEG ratio of 1.99 and a beta of 1.34. The company has a fifty day moving average of $84.30 and a two-hundred day moving average of $82.08. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29.

DuPont de Nemours (NYSE:DD) last released its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.15. The business had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.20 billion. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period last year, the company earned $0.92 earnings per share. On average, analysts predict that DuPont de Nemours, Inc. will post 3.89 earnings per share for the current year.

DuPont de Nemours Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be paid a $0.38 dividend. The ex-dividend date is Friday, November 29th. This represents a $1.52 annualized dividend and a yield of 1.84%. DuPont de Nemours’s dividend payout ratio (DPR) is presently 80.00%.

Wall Street Analyst Weigh In

Several brokerages have commented on DD. StockNews.com raised shares of DuPont de Nemours from a “hold” rating to a “buy” rating in a research report on Monday, December 2nd. Royal Bank of Canada boosted their price objective on shares of DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Wells Fargo & Company boosted their price target on shares of DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 6th. Barclays boosted their price target on shares of DuPont de Nemours from $84.00 to $85.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 6th. Finally, Morgan Stanley upped their price objective on shares of DuPont de Nemours from $88.00 to $94.00 and gave the company an “equal weight” rating in a research note on Monday, October 21st. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $95.42.

DuPont de Nemours Company 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.