HighPoint Advisor Group LLC Buys 5,088 Shares of DuPont de Nemours, Inc. (NYSE:DD)

HighPoint Advisor Group LLC increased its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 11.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 49,273 shares of the basic materials company's stock after purchasing an additional 5,088 shares during the period. HighPoint Advisor Group LLC's holdings in DuPont de Nemours were worth $3,680,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions 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. Hancock Whitney Corp raised its holdings in 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 valued at $429,000 after acquiring an additional 143 shares in the last quarter. Freedom Investment Management Inc. grew its stake in shares of DuPont de Nemours by 3.4% in the 4th quarter. Freedom Investment Management Inc. now owns 4,920 shares of the basic materials company's stock valued at $375,000 after purchasing an additional 164 shares during the period. Legacy Financial Advisors Inc. grew its stake in shares of DuPont de Nemours by 5.2% in the 4th quarter. Legacy Financial Advisors Inc. now owns 3,348 shares of the basic materials company's stock valued at $255,000 after purchasing an additional 166 shares during the period. Finally, Thoroughbred Financial Services LLC grew its stake in shares of DuPont de Nemours by 2.1% in the 4th quarter. Thoroughbred Financial Services LLC now owns 8,249 shares of the basic materials company's stock valued at $628,000 after purchasing an additional 167 shares during the period. Institutional investors and hedge funds own 73.96% of the company's stock.

DuPont de Nemours Stock Up 2.2%

NYSE:DD traded up $1.68 on Tuesday, hitting $77.63. The stock had a trading volume of 3,060,523 shares, compared to its average volume of 2,472,322. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.91 and a current ratio of 1.40. The stock has a market cap of $32.49 billion, a P/E ratio of -408.58, a price-to-earnings-growth ratio of 2.14 and a beta of 1.04. DuPont de Nemours, Inc. has a 1 year low of $53.77 and a 1 year high of $90.06. The firm's fifty day simple moving average is $69.90 and its two-hundred day simple moving average is $71.89.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its 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 negative net margin of 0.60% and a positive return on equity of 7.58%. The firm had revenue of $3.07 billion during the quarter, compared to the consensus estimate of $3.05 billion. During the same period in the prior year, the firm earned $0.79 EPS. The company's revenue was up 4.6% compared to the same quarter last year. Analysts predict 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, September 15th. Shareholders of record on Friday, August 29th will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.11%. The ex-dividend date is Friday, August 29th. DuPont de Nemours's payout ratio is -863.16%.

Analyst Upgrades and Downgrades

DD has been the topic of several analyst reports. Citigroup upped their price objective on DuPont de Nemours from $75.00 to $85.00 and gave the company a "buy" rating in a research note on Thursday, July 3rd. Wells Fargo & Company upped their price objective on DuPont de Nemours from $81.00 to $90.00 and gave the company an "overweight" rating in a research note on Monday, July 14th. Bank of America upgraded DuPont de Nemours from an "underperform" rating to a "neutral" rating and lowered their price objective for the company from $80.00 to $75.00 in a research note on Tuesday, April 15th. JPMorgan Chase & Co. upped their price objective on DuPont de Nemours from $78.00 to $93.00 and gave the company an "overweight" rating in a research note on Friday, May 16th. Finally, UBS Group upped their price objective on DuPont de Nemours from $87.00 to $89.00 and gave the company a "buy" rating in a research note on Monday. Four investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $88.31.

About DuPont de Nemours

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.