DuPont de Nemours, Inc. (NYSE:DD) Shares Purchased by Vident Advisory LLC

Vident Advisory LLC increased its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 261.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,632 shares of the basic materials company's stock after acquiring an additional 19,259 shares during the period. Vident Advisory LLC's holdings in DuPont de Nemours were worth $2,031,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Hager Investment Management Services LLC purchased a new position in DuPont de Nemours during the fourth quarter valued at $26,000. Aster Capital Management DIFC Ltd increased its stake in 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 worth $28,000 after acquiring an additional 302 shares during the last quarter. Byrne Asset Management LLC bought a new stake in DuPont de Nemours during the fourth quarter worth approximately $29,000. Vision Financial Markets LLC bought a new stake in DuPont de Nemours during the fourth quarter worth approximately $31,000. Finally, Golden State Wealth Management LLC bought a new position in shares of DuPont de Nemours during the fourth quarter valued at approximately $33,000. Institutional investors own 73.96% of the company's stock.

DuPont de Nemours Price Performance

Shares of NYSE:DD traded up $1.32 during trading on Tuesday, reaching $68.97. 470,032 shares of the company's stock traded hands, compared to its average volume of 2,986,568. DuPont de Nemours, Inc. has a fifty-two week low of $53.77 and a fifty-two week high of $90.06. 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 $28.86 billion, a PE ratio of 41.30, a P/E/G ratio of 2.15 and a beta of 1.07. The company has a 50-day simple moving average of $66.51 and a 200-day simple moving average of $74.77.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted its quarterly earnings data on Friday, May 2nd. The basic materials company reported $1.03 earnings per share (EPS) for the quarter, topping 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 company had revenue of $3.07 billion for the quarter, compared to analysts' expectations of $3.05 billion. During the same period in the previous year, the firm posted $0.79 EPS. DuPont de Nemours's revenue was up 4.6% compared to the same quarter last year. As a group, analysts predict that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Friday, May 30th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.38%. DuPont de Nemours's dividend payout ratio (DPR) is presently -863.16%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on DD. JPMorgan Chase & Co. upped their target price on DuPont de Nemours from $78.00 to $93.00 and gave the company an "overweight" rating in a research note on Friday, May 16th. Wells Fargo & Company lowered their target price on DuPont de Nemours from $105.00 to $81.00 and set an "overweight" rating for the company in a report on Wednesday, April 9th. Mizuho decreased their price objective on DuPont de Nemours from $100.00 to $80.00 and set an "outperform" rating for the company in a report on Tuesday, April 15th. Morgan Stanley decreased their price objective on DuPont de Nemours from $94.00 to $80.00 and set an "equal weight" rating for the company in a report on Monday, May 5th. Finally, Royal Bank of Canada reduced their target price on DuPont de Nemours from $101.00 to $90.00 and set an "outperform" rating for the company in a research note on Thursday, April 24th. Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $85.92.

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.