Quantinno Capital Management LP Acquires 21,850 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Quantinno Capital Management LP raised its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 65.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 55,441 shares of the basic materials company's stock after acquiring an additional 21,850 shares during the period. Quantinno Capital Management LP's holdings in DuPont de Nemours were worth $4,227,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Level Four Advisory Services LLC raised its holdings in DuPont de Nemours by 2.8% in the 4th quarter. Level Four Advisory Services LLC now owns 4,679 shares of the basic materials company's stock valued at $357,000 after acquiring an additional 129 shares in the last quarter. Lake Street Advisors Group LLC raised its holdings in DuPont de Nemours by 3.2% in the 4th quarter. Lake Street Advisors Group LLC now owns 4,231 shares of the basic materials company's stock valued at $323,000 after acquiring an additional 132 shares in the last quarter. Global Trust Asset Management LLC raised its holdings in DuPont de Nemours by 1.5% in the 4th quarter. Global Trust Asset Management LLC now owns 9,227 shares of the basic materials company's stock valued at $704,000 after acquiring an additional 133 shares in the last quarter. Avior Wealth Management LLC raised its holdings in shares of DuPont de Nemours by 22.7% in the 4th quarter. Avior Wealth Management LLC now owns 741 shares of the basic materials company's stock worth $57,000 after buying an additional 137 shares in the last quarter. Finally, Hancock Whitney Corp raised its holdings in shares of DuPont de Nemours by 2.6% in the 4th quarter. Hancock Whitney Corp now owns 5,625 shares of the basic materials company's stock worth $429,000 after buying an additional 143 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company's stock.

DuPont de Nemours Trading Down 0.6%

DD traded down $0.39 during midday trading on Friday, reaching $67.62. 1,748,454 shares of the company were exchanged, compared to its average volume of 2,417,760. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.88 and a current ratio of 1.33. DuPont de Nemours, Inc. has a one year low of $53.77 and a one year high of $90.06. The stock has a market capitalization of $28.30 billion, a P/E ratio of 40.49, a PEG ratio of 2.15 and a beta of 1.07. The stock's 50-day simple moving average is $66.71 and its 200 day simple moving average is $74.97.

DuPont de Nemours (NYSE:DD - Get Free Report) last issued its earnings results on Friday, May 2nd. The basic materials company reported $1.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 analysts' expectations of $3.05 billion. During the same quarter last year, the business earned $0.79 earnings per share. The company's revenue was up 4.6% compared to the same quarter last year. As a group, analysts forecast that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Friday, May 30th will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date of this dividend is Friday, May 30th. DuPont de Nemours's dividend payout ratio (DPR) is currently -863.16%.

Wall Street Analysts Forecast Growth

DD has been the subject of a number of recent research reports. Mizuho dropped their target price 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. Wall Street Zen cut DuPont de Nemours from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Citigroup dropped their target price on DuPont de Nemours from $95.00 to $74.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. BMO Capital Markets increased their target price on DuPont de Nemours from $105.00 to $112.00 and gave the stock an "outperform" rating in a report on Thursday, February 13th. Finally, UBS Group increased their target price on DuPont de Nemours from $79.00 to $85.00 and gave the stock a "buy" rating in a report on Wednesday. Four research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $85.92.

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.