Natixis Advisors LLC Buys 9,485 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Natixis Advisors LLC lifted its stake in DuPont de Nemours, Inc. (NYSE:DD) by 3.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 267,139 shares of the basic materials company’s stock after purchasing an additional 9,485 shares during the period. Natixis Advisors LLC’s holdings in DuPont de Nemours were worth $20,369,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Hager Investment Management Services LLC bought a new stake in DuPont de Nemours during the fourth quarter valued at approximately $26,000. Byrne Asset Management LLC bought a new stake in DuPont de Nemours during the fourth quarter valued at approximately $29,000. Vision Financial Markets LLC bought a new stake in DuPont de Nemours during the fourth quarter valued at approximately $31,000. Golden State Wealth Management LLC bought a new stake in DuPont de Nemours during the fourth quarter valued at approximately $33,000. Finally, Noble Wealth Management PBC bought a new stake in DuPont de Nemours during the fourth quarter valued at approximately $35,000. 73.96% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. StockNews.com lowered shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. BMO Capital Markets boosted their target price on shares of DuPont de Nemours from $105.00 to $112.00 and gave the company an “outperform” rating in a research report on Thursday, February 13th. Royal Bank of Canada lowered their price target 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. Wells Fargo & Company lowered their price target on shares of 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, Barclays raised shares of DuPont de Nemours from an “underweight” rating to an “equal weight” rating and lifted their price target for the company from $85.00 to $89.00 in a report on Thursday, February 13th. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $99.17.

DuPont de Nemours Price Performance

DD stock opened at $77.80 on Tuesday. DuPont de Nemours, Inc. has a one year low of $72.38 and a one year high of $90.06. The company’s fifty day moving average price is $78.25 and its 200-day moving average price is $81.07. 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 company has a market capitalization of $32.52 billion, a PE ratio of 46.58, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29.

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

DuPont de Nemours Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were paid a dividend of $0.41 per share. This is an increase from DuPont de Nemours’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.11%. DuPont de Nemours’s dividend payout ratio is presently 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.