DuPont de Nemours, Inc. (NYSE:DD) Shares Purchased by ProShare Advisors LLC

ProShare Advisors LLC grew its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 7.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 71,199 shares of the basic materials company's stock after purchasing an additional 4,962 shares during the period. ProShare Advisors LLC's holdings in DuPont de Nemours were worth $5,429,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hager Investment Management Services LLC purchased a new stake in DuPont de Nemours during the fourth quarter worth about $26,000. Aster Capital Management DIFC Ltd boosted its stake in shares of DuPont de Nemours by 479.4% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 365 shares of the basic materials company's stock worth $28,000 after acquiring an additional 302 shares in the last quarter. Byrne Asset Management LLC acquired a new stake in shares of DuPont de Nemours in the 4th quarter worth approximately $29,000. Vision Financial Markets LLC purchased a new position in DuPont de Nemours in the 4th quarter valued at approximately $31,000. Finally, Golden State Wealth Management LLC acquired a new position in DuPont de Nemours during the fourth quarter worth $33,000. 73.96% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DD has been the subject of a number of research analyst reports. Citigroup dropped their price target on 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. Barclays dropped 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 report on Tuesday, April 29th. Wells Fargo & Company cut their target price on shares of DuPont de Nemours from $105.00 to $81.00 and set an "overweight" rating for the company in a research report on Wednesday, April 9th. Mizuho lowered their price target on shares of DuPont de Nemours from $100.00 to $80.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 15th. Finally, BMO Capital Markets raised their price objective on shares of DuPont de Nemours from $105.00 to $112.00 and gave the stock an "outperform" rating in a research note on Thursday, February 13th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $85.92.

DuPont de Nemours Trading Up 0.1%

NYSE DD traded up $0.07 during trading hours on Thursday, hitting $67.98. 1,670,752 shares of the company's stock were exchanged, compared to its average volume of 2,470,521. The business's 50 day moving average is $67.09 and its 200-day moving average is $75.25. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.88 and a current ratio of 1.33. DuPont de Nemours, Inc. has a 12-month low of $53.77 and a 12-month high of $90.06. The firm has a market capitalization of $28.45 billion, a P/E ratio of 40.71, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted its quarterly earnings data on Friday, May 2nd. The basic materials company reported $1.03 EPS for the quarter, beating analysts' consensus estimates of $0.95 by $0.08. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. The company had revenue of $3.07 billion during the quarter, compared to the consensus estimate of $3.05 billion. During the same quarter in the prior year, the company posted $0.79 EPS. The company's quarterly revenue was up 4.6% compared to the same quarter last year. As a group, analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Friday, May 30th will be paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date of this dividend is Friday, May 30th. DuPont de Nemours's dividend payout ratio is currently -863.16%.

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.