DuPont de Nemours, Inc. (NYSE:DD) Shares Purchased by Candriam S.C.A.

Candriam S.C.A. grew its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 4.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,642 shares of the basic materials company’s stock after purchasing an additional 1,244 shares during the quarter. Candriam S.C.A.’s holdings in DuPont de Nemours were worth $2,413,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Assenagon Asset Management S.A. increased its stake in shares of DuPont de Nemours by 431.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,058,446 shares of the basic materials company’s stock worth $80,707,000 after acquiring an additional 859,333 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of DuPont de Nemours during the 4th quarter worth about $50,063,000. Franklin Resources Inc. increased its position in shares of DuPont de Nemours by 9.8% during the 3rd quarter. Franklin Resources Inc. now owns 6,410,485 shares of the basic materials company’s stock worth $556,751,000 after purchasing an additional 570,703 shares during the last quarter. Zacks Investment Management acquired a new stake in shares of DuPont de Nemours during the 3rd quarter worth about $42,810,000. Finally, Two Sigma Advisers LP increased its position in shares of DuPont de Nemours by 48.3% during the 3rd quarter. Two Sigma Advisers LP now owns 1,415,900 shares of the basic materials company’s stock worth $126,171,000 after purchasing an additional 461,400 shares during the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

DD has been the subject of a number of recent analyst reports. StockNews.com downgraded DuPont de Nemours from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. BMO Capital Markets lifted their price objective on DuPont de Nemours from $105.00 to $112.00 and gave the company an “outperform” rating in a research note 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 research note on Monday, February 10th. Wells Fargo & Company lowered their target price on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating for the company in a report on Wednesday, February 12th. Finally, UBS Group boosted their price target on shares of DuPont de Nemours from $102.00 to $103.00 and gave the stock a “buy” rating in a research note on Tuesday, February 25th. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, DuPont de Nemours currently has an average rating of “Moderate Buy” and a consensus target price of $99.17.

DuPont de Nemours Trading Down 0.7 %

NYSE DD opened at $78.21 on Monday. DuPont de Nemours, Inc. has a 52 week low of $71.34 and a 52 week high of $90.06. The firm has a 50 day moving average of $78.15 and a two-hundred day moving average of $81.30. 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 stock has a market capitalization of $32.70 billion, a PE ratio of 46.83, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29.

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

DuPont de Nemours Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a $0.41 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.10%. This is an increase from DuPont de Nemours’s previous quarterly dividend of $0.38. 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.