Captrust Financial Advisors Purchases 309 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Captrust Financial Advisors boosted its position in DuPont de Nemours, Inc. (NYSE:DD) by 0.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 120,464 shares of the basic materials company’s stock after purchasing an additional 309 shares during the quarter. Captrust Financial Advisors’ holdings in DuPont de Nemours were worth $10,735,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in DD. Denver PWM LLC purchased a new position in DuPont de Nemours during the 2nd quarter valued at about $28,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of DuPont de Nemours during the second quarter valued at approximately $27,000. Fortitude Family Office LLC boosted its position in shares of DuPont de Nemours by 46.6% in the 2nd quarter. Fortitude Family Office LLC now owns 412 shares of the basic materials company’s stock worth $33,000 after purchasing an additional 131 shares in the last quarter. Ashton Thomas Securities LLC purchased a new stake in shares of DuPont de Nemours in the 3rd quarter worth approximately $38,000. Finally, Quarry LP bought a new position in DuPont de Nemours during the 2nd quarter valued at approximately $37,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Royal Bank of Canada boosted their target price on DuPont de Nemours from $102.00 to $104.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Morgan Stanley increased their price objective on shares of DuPont de Nemours from $88.00 to $94.00 and gave the company an “equal weight” rating in a research report on Monday, October 21st. Barclays raised their price objective on shares of DuPont de Nemours from $84.00 to $85.00 and gave the company an “underweight” rating in a research note on Wednesday, November 6th. Finally, Wells Fargo & Company upped their price objective on DuPont de Nemours from $105.00 to $107.00 and gave the company an “overweight” rating in a research report on Wednesday, November 6th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and a consensus target price of $95.42.

DuPont de Nemours Stock Down 0.4 %

NYSE DD opened at $83.59 on Monday. DuPont de Nemours, Inc. has a 12 month low of $61.14 and a 12 month high of $90.06. The company has a current ratio of 2.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.29. The stock has a market cap of $34.94 billion, a PE ratio of 43.99, a P/E/G ratio of 2.00 and a beta of 1.35. The stock’s 50 day moving average is $84.75 and its 200 day moving average is $81.93.

DuPont de Nemours (NYSE:DD) last posted its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.15. The company had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.20 billion. DuPont de Nemours had a net margin of 6.35% and a return on equity of 6.64%. DuPont de Nemours’s quarterly revenue was up 4.4% on a year-over-year basis. During the same period last year, the company posted $0.92 earnings per share. Research analysts predict that DuPont de Nemours, Inc. will post 3.91 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be given a $0.38 dividend. The ex-dividend date is Friday, November 29th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.82%. DuPont de Nemours’s dividend payout ratio is currently 80.00%.

About DuPont de Nemours

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.