Robeco Institutional Asset Management B.V. Has $71.48 Million Position in DuPont de Nemours, Inc. (NYSE:DD)

Robeco Institutional Asset Management B.V. lowered its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 3.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 957,184 shares of the basic materials company's stock after selling 35,722 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.23% of DuPont de Nemours worth $71,482,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in DD. Aster Capital Management DIFC Ltd increased its stake in shares of DuPont de Nemours by 479.4% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 365 shares of the basic materials company's stock valued at $28,000 after purchasing an additional 302 shares during the period. Vermillion Wealth Management Inc. bought a new position in DuPont de Nemours in the 4th quarter worth approximately $28,000. Vision Financial Markets LLC acquired a new stake in DuPont de Nemours in the 4th quarter valued at approximately $31,000. Covestor Ltd increased its position in DuPont de Nemours by 78.8% in the 4th quarter. Covestor Ltd now owns 447 shares of the basic materials company's stock valued at $34,000 after acquiring an additional 197 shares during the period. Finally, Noble Wealth Management PBC bought a new stake in DuPont de Nemours during the 4th quarter valued at $35,000. 73.96% of the stock is currently owned by institutional investors.

DuPont de Nemours Stock Down 0.5%

Shares of DuPont de Nemours stock traded down $0.38 during midday trading on Friday, hitting $68.90. The company's stock had a trading volume of 2,591,829 shares, compared to its average volume of 2,429,265. DuPont de Nemours, Inc. has a 1-year low of $53.77 and a 1-year high of $90.06. The company has a quick ratio of 0.91, a current ratio of 1.40 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $28.84 billion, a P/E ratio of -362.64, a PEG ratio of 1.93 and a beta of 1.05. The stock has a 50-day simple moving average of $67.08 and a 200-day simple moving average of $72.49.

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

DuPont de Nemours Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 29th will be paid a $0.41 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $1.64 dividend on an annualized basis and a yield of 2.38%. DuPont de Nemours's dividend payout ratio (DPR) is currently -863.16%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Mizuho decreased their price target on DuPont de Nemours from $100.00 to $80.00 and set an "outperform" rating for the company in a research note on Tuesday, April 15th. Barclays decreased their target price on shares of 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. Wall Street Zen downgraded shares of DuPont de Nemours from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Royal Bank Of Canada reduced their price target on shares of 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. Finally, Morgan Stanley lowered their price objective on shares of DuPont de Nemours from $94.00 to $80.00 and set an "equal weight" rating on the stock in a research note on Monday, May 5th. Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to MarketBeat.com, DuPont de Nemours presently has an average rating of "Moderate Buy" and an average 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.