Hills Bank & Trust Co Buys 405 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Hills Bank & Trust Co boosted its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 3.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,367 shares of the basic materials company’s stock after acquiring an additional 405 shares during the quarter. Hills Bank & Trust Co’s holdings in DuPont de Nemours were worth $1,019,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC increased its stake in DuPont de Nemours by 6.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 243,574 shares of the basic materials company’s stock worth $18,573,000 after acquiring an additional 15,457 shares during the last quarter. Skandinaviska Enskilda Banken AB publ boosted its position in shares of DuPont de Nemours by 4.9% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 94,931 shares of the basic materials company’s stock valued at $7,210,000 after buying an additional 4,413 shares during the period. Erste Asset Management GmbH purchased a new position in shares of DuPont de Nemours during the fourth quarter valued at approximately $943,000. Avantax Advisory Services Inc. boosted its position in shares of DuPont de Nemours by 15.6% during the fourth quarter. Avantax Advisory Services Inc. now owns 17,229 shares of the basic materials company’s stock valued at $1,314,000 after buying an additional 2,328 shares during the period. Finally, Truvestments Capital LLC boosted its position in shares of DuPont de Nemours by 23.2% during the fourth quarter. Truvestments Capital LLC now owns 1,554 shares of the basic materials company’s stock valued at $119,000 after buying an additional 293 shares during the period. 73.96% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Wells Fargo & Company dropped their target price 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. UBS Group boosted their target price on DuPont de Nemours from $102.00 to $103.00 and gave the company a “buy” rating in a research report on Tuesday, February 25th. Wolfe Research upgraded DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price target for the company in a report on Friday, January 17th. Citigroup boosted their price target on DuPont de Nemours from $88.00 to $95.00 and gave the company a “buy” rating in a report on Thursday, February 13th. Finally, StockNews.com lowered DuPont de Nemours from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $99.17.

DuPont de Nemours Stock Up 3.0 %

DuPont de Nemours stock opened at $77.16 on Friday. The business has a fifty day moving average of $78.19 and a two-hundred day moving average of $81.13. The company has a quick ratio of 0.88, a current ratio of 1.33 and a debt-to-equity ratio of 0.22. The firm has a market cap of $32.25 billion, a P/E ratio of 46.20, a P/E/G ratio of 2.15 and a beta of 1.29. DuPont de Nemours, Inc. has a twelve month low of $72.38 and a twelve month high of $90.06.

DuPont de Nemours (NYSE:DD) last posted its 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, analysts forecast that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be given a dividend of $0.41 per share. The ex-dividend date is Monday, March 3rd. This is an increase from DuPont de Nemours’s previous quarterly dividend of $0.38. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.13%. DuPont de Nemours’s dividend 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.