7,437 Shares in DuPont de Nemours, Inc. (NYSE:DD) Purchased by 111 Capital

111 Capital bought a new position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 7,437 shares of the basic materials company's stock, valued at approximately $567,000.

Several other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of DuPont de Nemours by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 46,596,215 shares of the basic materials company's stock worth $3,552,961,000 after buying an additional 353,010 shares during the period. Franklin Resources Inc. lifted its stake in shares of 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 worth $525,683,000 after purchasing an additional 483,722 shares during the last quarter. Northern Trust Corp lifted its stake in shares of 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 lifted its stake in shares of DuPont de Nemours by 10.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,413,443 shares of the basic materials company's stock worth $260,276,000 after purchasing an additional 336,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted 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 worth $236,909,000 after purchasing an additional 417,359 shares during the last quarter. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on DD. Wells Fargo & Company decreased their price objective 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. Citigroup decreased their price objective on DuPont de Nemours from $95.00 to $74.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th. BMO Capital Markets upped their price objective on DuPont de Nemours from $105.00 to $112.00 and gave the stock an "outperform" rating in a research note on Thursday, February 13th. Wall Street Zen cut DuPont de Nemours from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Finally, Barclays reduced their target price on DuPont de Nemours from $89.00 to $73.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 29th. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $85.92.

DuPont de Nemours Stock Performance

Shares of DD stock traded down $0.80 during mid-day trading on Monday, reaching $66.00. The stock had a trading volume of 3,536,177 shares, compared to its average volume of 2,420,957. The business's fifty day moving average is $65.65 and its 200-day moving average is $74.25. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.22. The firm has a market cap of $27.62 billion, a price-to-earnings ratio of 39.52, a PEG ratio of 2.15 and a beta of 1.07. DuPont de Nemours, Inc. has a 1-year low of $53.77 and a 1-year high of $90.06.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The basic materials company reported $1.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.95 by $0.08. The business 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 revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.79 earnings per share. On average, research analysts forecast that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Friday, May 30th will be issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date is Friday, May 30th. DuPont de Nemours's dividend payout ratio is presently -863.16%.

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.