Fort Sheridan Advisors LLC Acquires 156 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Fort Sheridan Advisors LLC grew its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 2.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,585 shares of the basic materials company’s stock after acquiring an additional 156 shares during the quarter. Fort Sheridan Advisors LLC’s holdings in DuPont de Nemours were worth $502,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in DD. Hager Investment Management Services LLC bought a new position in shares of DuPont de Nemours during the 4th quarter valued at $26,000. Byrne Asset Management LLC bought a new position in DuPont de Nemours in the fourth quarter valued at about $29,000. Golden State Wealth Management LLC purchased a new position in DuPont de Nemours in the fourth quarter worth about $33,000. R Squared Ltd bought a new stake in shares of DuPont de Nemours during the 4th quarter valued at about $37,000. Finally, Ashton Thomas Securities LLC purchased a new stake in shares of DuPont de Nemours during the 3rd quarter valued at about $38,000. 73.96% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently issued reports on DD. StockNews.com downgraded shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a report on Friday. Barclays raised shares of DuPont de Nemours from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $85.00 to $89.00 in a research report on Thursday, February 13th. Royal Bank of Canada decreased their target price on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a report on Monday, February 10th. 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. Finally, Wells Fargo & Company decreased their price objective on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 12th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, DuPont de Nemours has an average rating of “Moderate Buy” and an average target price of $99.17.

DuPont de Nemours Stock Down 0.5 %

DD opened at $81.07 on Friday. DuPont de Nemours, Inc. has a 52 week low of $68.21 and a 52 week high of $90.06. The company has a quick ratio of 0.88, a current ratio of 1.33 and a debt-to-equity ratio of 0.22. The firm has a 50-day simple moving average of $77.91 and a two-hundred day simple moving average of $81.30. The company has a market capitalization of $33.89 billion, a PE ratio of 48.54, a price-to-earnings-growth ratio of 2.15 and a beta of 1.34.

DuPont de Nemours (NYSE:DD) last posted 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%. Analysts forecast 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 announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.02%. This is a boost from DuPont de Nemours’s previous quarterly dividend of $0.38. The ex-dividend date is Monday, March 3rd. DuPont de Nemours’s dividend payout ratio is currently 91.02%.

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.