UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $209.40 Million Stock Position in DuPont de Nemours, Inc. (NYSE:DD)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 18.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 2,746,267 shares of the basic materials company's stock after buying an additional 433,668 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.66% of DuPont de Nemours worth $209,403,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in DD. Vanguard Group Inc. increased its stake 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 acquiring an additional 353,010 shares during the period. Franklin Resources Inc. increased its stake in DuPont de Nemours by 7.5% in the fourth quarter. Franklin Resources Inc. now owns 6,894,207 shares of the basic materials company's stock valued at $525,683,000 after acquiring an additional 483,722 shares during the period. Northern Trust Corp increased its stake in DuPont de Nemours by 16.3% in 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 during the period. Price T Rowe Associates Inc. MD increased its stake 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 increased its stake in DuPont de Nemours by 15.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,107,025 shares of the basic materials company's stock valued at $236,909,000 after acquiring an additional 417,359 shares during the period. Institutional investors and hedge funds own 73.96% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on DD. KeyCorp upped their target price on shares of DuPont de Nemours from $81.00 to $85.00 and gave the company an "overweight" rating in a research note on Monday, May 5th. Wells Fargo & Company dropped their price objective on shares of DuPont de Nemours from $105.00 to $81.00 and set an "overweight" rating for the company in a report on Wednesday, April 9th. Royal Bank of Canada decreased 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. Barclays cut their price objective on DuPont de Nemours from $89.00 to $73.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 29th. Finally, 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. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, DuPont de Nemours has a consensus rating of "Moderate Buy" and a consensus target price of $85.92.

DuPont de Nemours Trading Down 0.9%

Shares of DD traded down $0.65 on Wednesday, reaching $68.63. 711,426 shares of the company's stock were exchanged, compared to its average volume of 2,409,142. DuPont de Nemours, Inc. has a 12 month low of $53.77 and a 12 month high of $90.06. The stock has a market capitalization of $28.72 billion, a P/E ratio of 41.07, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.22. The business has a 50 day moving average price of $66.35 and a two-hundred day moving average price of $74.73.

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 earnings per share for the quarter, beating 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 company had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $3.05 billion. During the same quarter in the prior year, the business posted $0.79 EPS. The firm's quarterly revenue was up 4.6% on a year-over-year basis. Research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Investors 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 2.39%. DuPont de Nemours's dividend payout ratio is -863.16%.

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.