DuPont de Nemours, Inc. (NYSE:DD) Shares Acquired by Brown Advisory Inc.

Brown Advisory Inc. increased its stake in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 2.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 294,403 shares of the basic materials company's stock after buying an additional 5,940 shares during the quarter. Brown Advisory Inc. owned about 0.07% of DuPont de Nemours worth $22,448,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of DD. Vanguard Group Inc. grew its stake in shares of DuPont de Nemours by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 46,596,215 shares of the basic materials company's stock valued at $3,552,961,000 after acquiring an additional 353,010 shares in the last quarter. Franklin Resources Inc. grew its stake in DuPont de Nemours by 7.5% during the 4th quarter. Franklin Resources Inc. now owns 6,894,207 shares of the basic materials company's stock valued at $525,683,000 after purchasing an additional 483,722 shares in the last quarter. Northern Trust Corp increased its holdings in DuPont de Nemours by 16.3% during the 4th quarter. Northern Trust Corp now owns 4,931,816 shares of the basic materials company's stock worth $376,051,000 after purchasing an additional 690,218 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of DuPont de Nemours by 10.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,413,443 shares of the basic materials company's stock valued at $260,276,000 after purchasing an additional 336,000 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of DuPont de Nemours by 15.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,107,025 shares of the basic materials company's stock valued at $236,909,000 after buying an additional 417,359 shares during the last quarter. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

DuPont de Nemours Stock Performance

Shares of DuPont de Nemours stock traded up $0.52 during trading on Friday, hitting $66.77. 1,742,290 shares of the stock were exchanged, compared to its average volume of 2,415,162. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.88 and a current ratio of 1.33. DuPont de Nemours, Inc. has a 12 month low of $53.77 and a 12 month high of $90.06. The stock's fifty day moving average is $68.36 and its 200 day moving average is $76.04. The stock has a market cap of $27.94 billion, a PE ratio of 39.98, a P/E/G ratio of 2.15 and a beta of 1.07.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its quarterly earnings results on Friday, May 2nd. The basic materials company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.95 by $0.08. The company had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.05 billion. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. DuPont de Nemours's revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.79 earnings per share. As a group, sell-side analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Friday, May 30th will be paid a $0.41 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $1.64 annualized dividend and a dividend yield of 2.46%. DuPont de Nemours's payout ratio is -863.16%.

Wall Street Analyst Weigh In

DD has been the topic of several recent analyst reports. UBS Group cut their price target on shares of DuPont de Nemours from $103.00 to $75.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. BMO Capital Markets increased their price target on shares of DuPont de Nemours from $105.00 to $112.00 and gave the stock an "outperform" rating in a research report on Thursday, February 13th. Wells Fargo & Company decreased their price target on DuPont de Nemours from $105.00 to $81.00 and set an "overweight" rating for the company in a research note on Wednesday, April 9th. StockNews.com cut DuPont de Nemours from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Finally, Mizuho decreased their target price 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. Four analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, DuPont de Nemours currently has an average rating of "Moderate Buy" and a consensus target price of $85.07.

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.