Jackson Hole Capital Partners LLC Has $486,000 Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Jackson Hole Capital Partners LLC increased its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 2.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,373 shares of the basic materials company’s stock after purchasing an additional 176 shares during the period. Jackson Hole Capital Partners LLC’s holdings in DuPont de Nemours were worth $486,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Concurrent Investment Advisors LLC lifted its holdings in DuPont de Nemours by 11.6% during the third quarter. Concurrent Investment Advisors LLC now owns 15,365 shares of the basic materials company’s stock worth $1,369,000 after acquiring an additional 1,594 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in DuPont de Nemours by 4.6% during the third quarter. Principal Financial Group Inc. now owns 490,704 shares of the basic materials company’s stock worth $43,727,000 after acquiring an additional 21,435 shares in the last quarter. Summit Global Investments bought a new position in DuPont de Nemours during the third quarter worth about $717,000. Capital Performance Advisors LLP bought a new position in DuPont de Nemours during the third quarter worth about $69,000. Finally, Equitable Trust Co. bought a new position in DuPont de Nemours during the third quarter worth about $591,000. 73.96% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DD has been the topic of several recent analyst reports. Wolfe Research upgraded DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 target price on the stock in a report on Friday, January 17th. BMO Capital Markets boosted their price target on DuPont de Nemours from $105.00 to $112.00 and gave the company an “outperform” rating in a report on Thursday, February 13th. 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. Wells Fargo & Company cut their price target on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating on the stock in a report on Wednesday, February 12th. Finally, UBS Group boosted their price target on DuPont de Nemours from $102.00 to $103.00 and gave the company a “buy” rating in a report on Tuesday, February 25th. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $99.17.

DuPont de Nemours Stock Performance

DD opened at $78.21 on Friday. DuPont de Nemours, Inc. has a 52-week low of $71.34 and a 52-week high of $90.06. The firm has a market capitalization of $32.70 billion, a PE ratio of 46.83, 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. The business’s 50-day simple moving average is $78.15 and its 200 day simple moving average is $81.30.

DuPont de Nemours (NYSE:DD) last released its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, topping 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, sell-side analysts expect 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. Shareholders of record on Monday, March 3rd will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date is Monday, March 3rd. This is an increase from DuPont de Nemours’s previous quarterly dividend of $0.38. DuPont de Nemours’s payout ratio is 98.20%.

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.