Brown Advisory Inc. Purchases 11,789 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Brown Advisory Inc. boosted its position in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 4.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 306,192 shares of the basic materials company's stock after purchasing an additional 11,789 shares during the period. Brown Advisory Inc. owned 0.07% of DuPont de Nemours worth $22,866,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of 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 worth $3,552,961,000 after purchasing an additional 353,010 shares during the period. Franklin Resources Inc. increased its stake in shares of 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 worth $525,683,000 after purchasing an additional 483,722 shares during the period. Northern Trust Corp increased its stake in shares of 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 worth $376,051,000 after purchasing an additional 690,218 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of 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 worth $260,276,000 after purchasing an additional 336,000 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in shares of DuPont de Nemours by 1.1% in the first quarter. Bank of New York Mellon Corp now owns 3,347,098 shares of the basic materials company's stock worth $249,961,000 after purchasing an additional 37,327 shares during the period. 73.96% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on DD shares. Royal Bank Of Canada dropped their price objective on DuPont de Nemours from $101.00 to $90.00 and set an "outperform" rating on the stock in a research note on Thursday, April 24th. UBS Group lifted their price objective on DuPont de Nemours from $85.00 to $87.00 and gave the stock a "buy" rating in a research note on Wednesday. Wells Fargo & Company decreased their target price on DuPont de Nemours from $105.00 to $81.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 9th. JPMorgan Chase & Co. lifted their target price on DuPont de Nemours from $78.00 to $93.00 and gave the stock an "overweight" rating in a research report on Friday, May 16th. Finally, Bank of America raised DuPont de Nemours from an "underperform" rating to a "neutral" rating and decreased their target price for the stock from $80.00 to $75.00 in a research report on Tuesday, April 15th. 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.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $86.92.

DuPont de Nemours Price Performance

Shares of DD traded down $0.64 on Friday, hitting $75.49. The company's stock had a trading volume of 1,850,902 shares, compared to its average volume of 2,455,730. The company has a market capitalization of $31.59 billion, a PE ratio of -397.32, a PEG ratio of 2.16 and a beta of 1.04. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.40 and a quick ratio of 0.91. 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 50 day moving average price of $69.00 and a 200 day moving average price of $72.02.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its earnings results on Friday, May 2nd. The basic materials company reported $1.03 EPS for the quarter, topping the consensus estimate of $0.95 by $0.08. The business had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $3.05 billion. DuPont de Nemours had a positive return on equity of 7.58% and a negative net margin of 0.60%. DuPont de Nemours's revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.79 EPS. On average, research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.17%. The ex-dividend date is Friday, August 29th. DuPont de Nemours's dividend payout ratio (DPR) is presently -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.