12,161 Shares in DuPont de Nemours, Inc. (NYSE:DD) Acquired by Kentucky Retirement Systems Insurance Trust Fund

Kentucky Retirement Systems Insurance Trust Fund acquired a new stake in DuPont de Nemours, Inc. (NYSE:DD - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 12,161 shares of the basic materials company's stock, valued at approximately $908,000.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of DuPont de Nemours by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 46,596,215 shares of the basic materials company's stock valued at $3,552,961,000 after purchasing an additional 353,010 shares during the period. Franklin Resources Inc. lifted its stake in shares of DuPont de Nemours by 7.5% in the 4th quarter. Franklin Resources Inc. now owns 6,894,207 shares of the basic materials company's stock valued at $525,683,000 after purchasing an additional 483,722 shares during the period. Northern Trust Corp lifted its stake in shares of DuPont de Nemours by 16.3% in the 4th quarter. Northern Trust Corp now owns 4,931,816 shares of the basic materials company's stock valued at $376,051,000 after purchasing an additional 690,218 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in shares of DuPont de Nemours by 10.9% in the 4th 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 purchasing an additional 336,000 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of DuPont de Nemours by 15.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,107,025 shares of the basic materials company's stock valued at $236,909,000 after purchasing an additional 417,359 shares during the period. 73.96% of the stock is owned by hedge funds and other institutional investors.

DuPont de Nemours Price Performance

Shares of NYSE DD traded down $0.17 during mid-day trading on Wednesday, reaching $68.04. The company's stock had a trading volume of 1,493,618 shares, compared to its average volume of 2,427,078. The stock has a 50-day moving average of $66.89 and a two-hundred day moving average of $72.58. The stock has a market capitalization of $28.47 billion, a P/E ratio of -358.11, a P/E/G ratio of 1.94 and a beta of 1.05. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.91 and a current ratio of 1.40. 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 data on Friday, May 2nd. The basic materials company reported $1.03 earnings per share (EPS) 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 analyst estimates of $3.05 billion. During the same quarter in the prior year, the firm posted $0.79 earnings per share. DuPont de Nemours's quarterly revenue was up 4.6% on a year-over-year basis. On average, equities research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The business 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 dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.41%. DuPont de Nemours's dividend payout ratio (DPR) is presently -863.16%.

Analysts Set New Price Targets

Several research firms recently issued reports on DD. KeyCorp boosted 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. Barclays reduced their price objective 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 cut shares of DuPont de Nemours from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. UBS Group upped their price objective on shares of DuPont de Nemours from $79.00 to $85.00 and gave the stock a "buy" rating in a research report on Wednesday, May 21st. Finally, Citigroup reduced their price objective on shares of DuPont de Nemours from $95.00 to $74.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Four investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, DuPont de Nemours presently has an average rating of "Moderate Buy" and a consensus target price of $85.92.

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.