DuPont de Nemours, Inc. (NYSE:DD) Stock Holdings Boosted by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC boosted its holdings in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 5.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 114,855 shares of the basic materials company's stock after purchasing an additional 5,689 shares during the quarter. Janney Montgomery Scott LLC's holdings in DuPont de Nemours were worth $8,577,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC grew its position in DuPont de Nemours by 19.6% during the fourth quarter. Brighton Jones LLC now owns 5,012 shares of the basic materials company's stock valued at $382,000 after acquiring an additional 822 shares during the period. Principal Securities Inc. boosted its position in shares of DuPont de Nemours by 30.0% in the fourth quarter. Principal Securities Inc. now owns 2,992 shares of the basic materials company's stock worth $228,000 after buying an additional 691 shares during the period. J.W. Cole Advisors Inc. boosted its position in shares of DuPont de Nemours by 4.3% in the fourth quarter. J.W. Cole Advisors Inc. now owns 4,848 shares of the basic materials company's stock worth $370,000 after buying an additional 201 shares during the period. Venturi Wealth Management LLC boosted its position in shares of DuPont de Nemours by 51.6% in the fourth quarter. Venturi Wealth Management LLC now owns 1,608 shares of the basic materials company's stock worth $123,000 after buying an additional 547 shares during the period. Finally, Atria Wealth Solutions Inc. boosted its position in shares of DuPont de Nemours by 16.2% in the fourth quarter. Atria Wealth Solutions Inc. now owns 47,920 shares of the basic materials company's stock worth $3,654,000 after buying an additional 6,685 shares during the period. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Stock Performance

Shares of DuPont de Nemours stock traded down $0.64 on Friday, reaching $66.22. 6,309,510 shares of the company were exchanged, compared to its average volume of 2,436,237. 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 company's 50-day moving average is $66.44 and its two-hundred day moving average is $72.82. The firm has a market cap of $27.71 billion, a price-to-earnings ratio of -348.55, a P/E/G ratio of 1.88 and a beta of 1.05. DuPont de Nemours, Inc. has a 1-year low of $53.77 and a 1-year high of $90.06.

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

DuPont de Nemours Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Friday, May 30th were given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.48%. The ex-dividend date of this dividend was Friday, May 30th. DuPont de Nemours's dividend payout ratio is currently -863.16%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on DD shares. Mizuho decreased their target price on DuPont de Nemours from $100.00 to $80.00 and set an "outperform" rating for the company in a research report on Tuesday, April 15th. Citigroup reduced their price target 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. Royal Bank Of Canada reduced their price target on DuPont de Nemours from $101.00 to $90.00 and set an "outperform" rating for the company in a report on Thursday, April 24th. JPMorgan Chase & Co. increased their price target on DuPont de Nemours from $78.00 to $93.00 and gave the company an "overweight" rating in a report on Friday, May 16th. Finally, Morgan Stanley reduced their price target on DuPont de Nemours from $94.00 to $80.00 and set an "equal weight" rating for the company in a report on Monday, May 5th. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, DuPont de Nemours has a consensus rating of "Moderate Buy" and an average target price of $85.92.

DuPont de Nemours 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.