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DuPont de Nemours, Inc. (NYSE:DD) Shares Acquired by Dimensional Fund Advisors LP

DuPont de Nemours logo with Basic Materials background

Dimensional Fund Advisors LP increased its stake in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 15.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,107,025 shares of the basic materials company's stock after acquiring an additional 417,359 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.74% of DuPont de Nemours worth $236,909,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Freedom Investment Management Inc. increased its holdings in DuPont de Nemours by 3.4% in the 4th quarter. Freedom Investment Management Inc. now owns 4,920 shares of the basic materials company's stock worth $375,000 after acquiring an additional 164 shares in the last quarter. Forum Financial Management LP grew its holdings in shares of DuPont de Nemours by 2.6% during the fourth quarter. Forum Financial Management LP now owns 7,985 shares of the basic materials company's stock worth $609,000 after buying an additional 201 shares in the last quarter. Allred Capital Management LLC grew its holdings in shares of DuPont de Nemours by 4.8% during the fourth quarter. Allred Capital Management LLC now owns 3,705 shares of the basic materials company's stock worth $283,000 after buying an additional 170 shares in the last quarter. CANADA LIFE ASSURANCE Co grew its holdings in shares of DuPont de Nemours by 4.2% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 403,020 shares of the basic materials company's stock worth $30,719,000 after buying an additional 16,235 shares in the last quarter. Finally, Canada Pension Plan Investment Board grew its holdings in shares of DuPont de Nemours by 6.4% during the fourth quarter. Canada Pension Plan Investment Board now owns 1,172,700 shares of the basic materials company's stock worth $89,418,000 after buying an additional 70,400 shares in the last quarter. Hedge funds and other institutional investors own 73.96% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on DD. Citigroup dropped their target price on shares of DuPont de Nemours from $95.00 to $74.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Mizuho cut their price target on shares of DuPont de Nemours from $100.00 to $80.00 and set an "outperform" rating for the company in a report on Tuesday, April 15th. JPMorgan Chase & Co. reduced their price target on shares of DuPont de Nemours from $101.00 to $76.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. StockNews.com lowered shares of DuPont de Nemours from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Finally, Bank of America raised shares of DuPont de Nemours from an "underperform" rating to a "neutral" rating and reduced their price target for the company from $80.00 to $75.00 in a research report on Tuesday, April 15th. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to MarketBeat.com, DuPont de Nemours presently has an average rating of "Moderate Buy" and an average price target of $86.93.

Read Our Latest Report on DuPont de Nemours

DuPont de Nemours Trading Down 0.5 %

NYSE DD traded down $0.35 on Friday, reaching $65.70. The stock had a trading volume of 2,410,872 shares, compared to its average volume of 2,420,214. The firm has a market capitalization of $27.50 billion, a price-to-earnings ratio of 39.34, a P/E/G ratio of 2.15 and a beta of 1.25. The company has a quick ratio of 0.88, a current ratio of 1.33 and a debt-to-equity ratio of 0.22. DuPont de Nemours, Inc. has a 12-month low of $53.77 and a 12-month high of $90.06. The stock has a fifty day moving average price of $71.41 and a two-hundred day moving average price of $77.28.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (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%. As a group, sell-side analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were paid a $0.41 dividend. This is an increase from DuPont de Nemours's previous quarterly dividend of $0.38. The ex-dividend date was Monday, March 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.50%. DuPont de Nemours's payout ratio is 98.20%.

About DuPont de Nemours

(Free Report)

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.

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Institutional Ownership by Quarter for DuPont de Nemours (NYSE:DD)

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