Smartleaf Asset Management LLC Has $280,000 Stake in DuPont de Nemours, Inc. (NYSE:DD)

Smartleaf Asset Management LLC boosted its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 23.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,689 shares of the basic materials company’s stock after buying an additional 693 shares during the quarter. Smartleaf Asset Management LLC’s holdings in DuPont de Nemours were worth $280,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in DD. Hager Investment Management Services LLC bought a new position in DuPont de Nemours during the fourth quarter worth $26,000. Byrne Asset Management LLC acquired a new stake in DuPont de Nemours during the 4th quarter worth about $29,000. Golden State Wealth Management LLC bought a new position in shares of DuPont de Nemours in the 4th quarter worth about $33,000. Noble Wealth Management PBC bought a new position in shares of DuPont de Nemours in the 4th quarter worth about $35,000. Finally, R Squared Ltd acquired a new position in shares of DuPont de Nemours in the 4th quarter valued at about $37,000. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Price Performance

Shares of NYSE DD opened at $79.57 on Thursday. The stock has a market cap of $33.26 billion, a price-to-earnings ratio of 47.65, a PEG ratio of 2.15 and a beta of 1.29. 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 fifty-two week low of $69.23 and a fifty-two week high of $90.06. The firm’s 50-day simple moving average is $78.09 and its 200 day simple moving average is $81.32.

DuPont de Nemours (NYSE:DD) last announced its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a return on equity of 7.12% and a net margin of 5.47%. As a group, research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a dividend of $0.41 per share. This is a positive change 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 2.06%. The ex-dividend date of this dividend is Monday, March 3rd. DuPont de Nemours’s dividend payout ratio (DPR) is presently 98.20%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on DD shares. JPMorgan Chase & Co. decreased their target price on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research note on Wednesday, January 15th. Citigroup lifted their price objective on shares of DuPont de Nemours from $88.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday, February 13th. StockNews.com downgraded shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Wolfe Research upgraded shares of 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. Finally, Royal Bank of Canada dropped their price objective on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a report on Monday, February 10th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, DuPont de Nemours presently has an average rating of “Moderate Buy” and an average target price of $99.17.

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.