DuPont de Nemours, Inc. (NYSE:DD) Shares Bought by TIAA Trust National Association

TIAA Trust National Association lifted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 11.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,925 shares of the basic materials company’s stock after acquiring an additional 1,716 shares during the quarter. TIAA Trust National Association’s holdings in DuPont de Nemours were worth $1,291,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in DD. Lake Street Advisors Group LLC boosted its position in shares of DuPont de Nemours by 3.2% in the fourth quarter. Lake Street Advisors Group LLC now owns 4,231 shares of the basic materials company’s stock worth $323,000 after buying an additional 132 shares during the period. Global Trust Asset Management LLC grew its position in DuPont de Nemours by 1.5% in the fourth quarter. Global Trust Asset Management LLC now owns 9,227 shares of the basic materials company’s stock valued at $704,000 after acquiring an additional 133 shares in the last quarter. Avior Wealth Management LLC raised its stake in shares of DuPont de Nemours by 22.7% during the fourth quarter. Avior Wealth Management LLC now owns 741 shares of the basic materials company’s stock valued at $57,000 after purchasing an additional 137 shares during the period. Howard Capital Management Inc. raised its stake in shares of DuPont de Nemours by 5.4% during the fourth quarter. Howard Capital Management Inc. now owns 2,809 shares of the basic materials company’s stock valued at $214,000 after purchasing an additional 144 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich boosted its stake in shares of DuPont de Nemours by 7.4% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,117 shares of the basic materials company’s stock valued at $178,000 after purchasing an additional 146 shares during the period. 73.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on DD shares. BMO Capital Markets boosted their price objective on shares of DuPont de Nemours from $105.00 to $112.00 and gave the stock an “outperform” rating in a report on Thursday, February 13th. Wells Fargo & Company reduced their price target on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating for the company in a report on Wednesday, February 12th. StockNews.com downgraded DuPont de Nemours from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Wolfe Research upgraded DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 target price for the company in a research note on Friday, January 17th. Finally, Barclays upgraded shares of DuPont de Nemours from an “underweight” rating to an “equal weight” rating and lifted their price target for the stock from $85.00 to $89.00 in a research note on Thursday, February 13th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $99.17.

DuPont de Nemours Trading Down 0.6 %

DuPont de Nemours stock opened at $76.00 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. DuPont de Nemours, Inc. has a 1 year low of $72.38 and a 1 year high of $90.06. The firm’s 50-day moving average is $78.52 and its 200-day moving average is $80.78. The company has a market cap of $31.77 billion, a P/E ratio of 45.51, a PEG ratio of 2.15 and a beta of 1.29.

DuPont de Nemours (NYSE:DD) last issued its 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%. On average, equities analysts expect that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were given a $0.41 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change from DuPont de Nemours’s previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a yield of 2.16%. DuPont de Nemours’s dividend payout ratio (DPR) is currently 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.