Barrow Hanley Mewhinney & Strauss LLC Has $22.81 Million Stock Position in DuPont de Nemours, Inc. (NYSE:DD)

Barrow Hanley Mewhinney & Strauss LLC trimmed its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 63.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 299,146 shares of the basic materials company's stock after selling 514,993 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned about 0.07% of DuPont de Nemours worth $22,810,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Choreo LLC boosted its holdings in shares of DuPont de Nemours by 23.4% in the fourth quarter. Choreo LLC now owns 43,307 shares of the basic materials company's stock worth $3,296,000 after buying an additional 8,205 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in shares of DuPont de Nemours in the 4th quarter valued at approximately $1,343,000. Grandfield & Dodd LLC boosted its stake in DuPont de Nemours by 72.0% in the 4th quarter. Grandfield & Dodd LLC now owns 7,538 shares of the basic materials company's stock worth $575,000 after purchasing an additional 3,155 shares during the period. Charles Schwab Investment Management Inc. grew its position in DuPont de Nemours by 3.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,868,586 shares of the basic materials company's stock worth $218,730,000 after purchasing an additional 91,108 shares in the last quarter. Finally, Daiwa Securities Group Inc. lifted its holdings in shares of DuPont de Nemours by 7.0% in the fourth quarter. Daiwa Securities Group Inc. now owns 65,616 shares of the basic materials company's stock valued at $5,003,000 after purchasing an additional 4,288 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on DD shares. Citigroup dropped their target price on DuPont de Nemours from $95.00 to $74.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th. Morgan Stanley dropped their price objective on DuPont de Nemours from $94.00 to $80.00 and set an "equal weight" rating on the stock in a report on Monday, May 5th. JPMorgan Chase & Co. lifted their target price on shares of DuPont de Nemours from $78.00 to $93.00 and gave the company an "overweight" rating in a research note on Friday, May 16th. Mizuho decreased their target price on shares of 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, BMO Capital Markets raised their price target on shares of DuPont de Nemours from $105.00 to $112.00 and gave the company an "outperform" rating in a report on Thursday, February 13th. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $85.92.

DuPont de Nemours Stock Performance

DuPont de Nemours stock traded up $0.38 during mid-day trading on Thursday, reaching $68.47. The company had a trading volume of 1,375,885 shares, compared to its average volume of 2,405,392. 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 firm has a market cap of $28.65 billion, a price-to-earnings ratio of 40.99, a PEG ratio of 2.15 and a beta of 1.07. The company has a 50 day moving average of $66.21 and a 200-day moving average of $74.69. DuPont de Nemours, Inc. has a 52 week low of $53.77 and a 52 week high of $90.06.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted 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. DuPont de Nemours had a return on equity of 7.12% and a net margin of 5.47%. The firm had revenue of $3.07 billion during the quarter, compared to analysts' expectations of $3.05 billion. During the same quarter in the prior year, the firm posted $0.79 EPS. The company's revenue for the quarter was up 4.6% on a year-over-year basis. On average, sell-side analysts expect that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The firm also recently disclosed 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. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date is Friday, May 30th. 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.