Czech National Bank Has $7.17 Million Stock Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Czech National Bank raised its stake in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 6.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 96,019 shares of the basic materials company's stock after acquiring an additional 5,398 shares during the period. Czech National Bank's holdings in DuPont de Nemours were worth $7,171,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hager Investment Management Services LLC bought a new stake in DuPont de Nemours during the 4th quarter worth about $26,000. Aster Capital Management DIFC Ltd grew its stake in shares of DuPont de Nemours by 479.4% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 365 shares of the basic materials company's stock valued at $28,000 after purchasing an additional 302 shares during the last quarter. Vermillion Wealth Management Inc. acquired a new stake in shares of DuPont de Nemours in the fourth quarter valued at approximately $28,000. Byrne Asset Management LLC bought a new position in DuPont de Nemours in the 4th quarter worth approximately $29,000. Finally, Vision Financial Markets LLC acquired a new position in DuPont de Nemours during the 4th quarter worth $31,000. 73.96% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

DD has been the subject of several research reports. BMO Capital Markets lifted their target price on DuPont de Nemours from $105.00 to $112.00 and gave the company an "outperform" rating in a research note on Thursday, February 13th. Royal Bank of Canada dropped their price objective on DuPont de Nemours from $101.00 to $90.00 and set an "outperform" rating for the company in a report on Thursday, April 24th. Wall Street Zen lowered shares of DuPont de Nemours from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Barclays dropped their price target on shares of DuPont de Nemours from $89.00 to $73.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 29th. Finally, Mizuho reduced their price objective on shares of DuPont de Nemours from $100.00 to $80.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 15th. Four equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, DuPont de Nemours presently has an average rating of "Moderate Buy" and a consensus target price of $85.92.

DuPont de Nemours Trading Down 0.8%

Shares of DuPont de Nemours stock traded down $0.58 during trading hours on Thursday, hitting $67.38. The company's stock had a trading volume of 1,887,633 shares, compared to its average volume of 2,417,207. 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 50 day moving average of $65.35 and a 200 day moving average of $74.16. DuPont de Nemours, Inc. has a 12 month low of $53.77 and a 12 month high of $90.06. The company has a market capitalization of $28.20 billion, a PE ratio of 40.34, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its quarterly earnings results on Friday, May 2nd. The basic materials company reported $1.03 earnings per share (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 for the quarter, compared to the consensus estimate of $3.05 billion. During the same quarter last year, the business posted $0.79 EPS. The company's revenue for the quarter was up 4.6% on a year-over-year basis. Analysts predict that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Announces Dividend

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 given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date of this dividend is Friday, May 30th. DuPont de Nemours's dividend payout ratio is presently -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.