AQR Capital Management LLC Has $43.44 Million Stock Holdings in DuPont de Nemours, Inc. (NYSE:DD)

AQR Capital Management LLC grew its holdings in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 15.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 569,730 shares of the basic materials company's stock after acquiring an additional 75,925 shares during the quarter. AQR Capital Management LLC owned 0.14% of DuPont de Nemours worth $43,442,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank bought a new stake in shares of DuPont de Nemours in the 4th quarter valued at approximately $146,605,000. Marshall Wace LLP boosted its stake in DuPont de Nemours by 228.8% in the 4th quarter. Marshall Wace LLP now owns 1,471,730 shares of the basic materials company's stock valued at $112,219,000 after buying an additional 1,024,075 shares in the last quarter. Prudential Financial Inc. raised its stake in DuPont de Nemours by 337.5% during the fourth quarter. Prudential Financial Inc. now owns 1,278,583 shares of the basic materials company's stock worth $97,492,000 after acquiring an additional 986,366 shares in the last quarter. Assenagon Asset Management S.A. raised its stake in DuPont de Nemours by 431.6% during the fourth 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 in the last quarter. Finally, Schroder Investment Management Group lifted its holdings in shares of DuPont de Nemours by 194.7% during the fourth quarter. Schroder Investment Management Group now owns 1,145,108 shares of the basic materials company's stock valued at $86,971,000 after acquiring an additional 756,604 shares during the period. Institutional investors and hedge funds own 73.96% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Wells Fargo & Company dropped their target price on shares of DuPont de Nemours from $105.00 to $81.00 and set an "overweight" rating for the company in a research report on Wednesday, April 9th. Royal Bank of Canada cut their target price on shares of DuPont de Nemours from $101.00 to $90.00 and set an "outperform" rating for the company in a research note on Thursday, April 24th. JPMorgan Chase & Co. reduced their target price on DuPont de Nemours from $101.00 to $76.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Mizuho cut their price objective on DuPont de Nemours from $100.00 to $80.00 and set an "outperform" rating for the company in a research report on Tuesday, April 15th. Finally, KeyCorp boosted their price objective on DuPont de Nemours from $81.00 to $85.00 and gave the stock an "overweight" rating in a research note on Monday. Four analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $85.07.

DuPont de Nemours Trading Up 4.0 %

Shares of DuPont de Nemours stock traded up $2.56 on Thursday, hitting $67.12. 754,285 shares of the company's stock traded hands, compared to its average volume of 2,411,385. The firm's 50-day moving average price is $68.83 and its two-hundred day moving average price is $76.30. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.33 and a quick ratio of 0.88. The stock has a market capitalization of $28.09 billion, a PE ratio of 40.20, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. DuPont de Nemours, Inc. has a one year low of $53.77 and a one year high of $90.06.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its earnings results on Friday, May 2nd. The basic materials company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.08. The firm had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.05 billion. DuPont de Nemours had a return on equity of 7.12% and a net margin of 5.47%. The company's quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.79 earnings per share. On average, research analysts expect that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Friday, May 30th will be given a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.44%. DuPont de Nemours's dividend payout ratio is -863.16%.

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.