DuPont de Nemours, Inc. (NYSE:DD) Shares Acquired by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. lifted its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 6.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 80,385 shares of the basic materials company's stock after purchasing an additional 4,995 shares during the quarter. Cambridge Investment Research Advisors Inc.'s holdings in DuPont de Nemours were worth $6,003,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in DuPont de Nemours by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 46,596,215 shares of the basic materials company's stock valued at $3,552,961,000 after purchasing an additional 353,010 shares during the last quarter. Franklin Resources Inc. grew its holdings in DuPont de Nemours by 7.5% during the fourth quarter. Franklin Resources Inc. now owns 6,894,207 shares of the basic materials company's stock worth $525,683,000 after acquiring an additional 483,722 shares during the period. Northern Trust Corp raised its position in DuPont de Nemours by 16.3% during the fourth quarter. Northern Trust Corp now owns 4,931,816 shares of the basic materials company's stock valued at $376,051,000 after acquiring an additional 690,218 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in DuPont de Nemours by 10.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,413,443 shares of the basic materials company's stock valued at $260,276,000 after acquiring an additional 336,000 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in DuPont de Nemours by 15.5% in 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 in the last quarter. Institutional investors and hedge funds own 73.96% of the company's stock.

DuPont de Nemours Price Performance

DuPont de Nemours stock opened at $69.38 on Friday. The company has a fifty day simple moving average of $67.08 and a 200-day simple moving average of $72.49. The firm has a market capitalization of $29.04 billion, a price-to-earnings ratio of -365.16, a PEG ratio of 1.93 and a beta of 1.05. The company has a quick ratio of 0.91, a current ratio of 1.40 and a debt-to-equity ratio of 0.23. 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 announced its quarterly earnings data 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 negative net margin of 0.60% and a positive return on equity of 7.58%. The company 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 company earned $0.79 EPS. DuPont de Nemours's revenue was up 4.6% compared to the same quarter last year. On average, equities analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, August 29th will be issued a dividend of $0.41 per share. The ex-dividend date is Friday, August 29th. This represents a $1.64 annualized dividend and a dividend yield of 2.36%. DuPont de Nemours's dividend payout ratio is presently -863.16%.

Wall Street Analysts Forecast Growth

DD has been the subject of several recent research reports. UBS Group lifted their target price on shares of DuPont de Nemours from $79.00 to $85.00 and gave the company a "buy" rating in a report on Wednesday, May 21st. KeyCorp upped their price objective on shares of DuPont de Nemours from $81.00 to $85.00 and gave the stock an "overweight" rating in a research report on Monday, May 5th. Morgan Stanley dropped their target price on DuPont de Nemours from $94.00 to $80.00 and set an "equal weight" rating on the stock in a research report on Monday, May 5th. Wall Street Zen lowered DuPont de Nemours from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Finally, Royal Bank Of Canada lowered their price target on DuPont de Nemours from $101.00 to $90.00 and set an "outperform" rating on the stock in a research report on Thursday, April 24th. Four research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to 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.

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