DuPont de Nemours, Inc. (NYSE:DD) Shares Acquired by Siemens Fonds Invest GmbH

Siemens Fonds Invest GmbH raised its holdings in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 70.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,155 shares of the basic materials company's stock after purchasing an additional 3,789 shares during the quarter. Siemens Fonds Invest GmbH's holdings in DuPont de Nemours were worth $698,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in DuPont de Nemours during the fourth quarter worth about $15,060,000. Azzad Asset Management Inc. ADV boosted its position in DuPont de Nemours by 2.8% in the 4th quarter. Azzad Asset Management Inc. ADV now owns 35,981 shares of the basic materials company's stock worth $2,744,000 after purchasing an additional 966 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in shares of DuPont de Nemours during the 4th quarter worth approximately $74,000. Integrated Advisors Network LLC increased its holdings in shares of DuPont de Nemours by 6.3% during the 4th quarter. Integrated Advisors Network LLC now owns 5,902 shares of the basic materials company's stock valued at $450,000 after purchasing an additional 349 shares in the last quarter. Finally, Vermillion Wealth Management Inc. purchased a new position in shares of DuPont de Nemours during the 4th quarter valued at approximately $28,000. 73.96% of the stock is owned by hedge funds and other institutional investors.

DuPont de Nemours Stock Down 1.2%

DuPont de Nemours stock traded down $0.80 during mid-day trading on Monday, reaching $66.00. 3,536,177 shares of the company's stock were exchanged, compared to its average volume of 2,420,957. The company has a fifty day moving average of $65.65 and a 200-day moving average of $74.25. The company has a market cap of $27.62 billion, a P/E ratio of 39.52, a P/E/G ratio of 2.15 and a beta of 1.07. The company has a quick ratio of 0.88, a current ratio of 1.33 and a debt-to-equity ratio of 0.22. DuPont de Nemours, Inc. has a twelve month low of $53.77 and a twelve month high of $90.06.

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 (EPS) for the quarter, beating analysts' consensus estimates of $0.95 by $0.08. DuPont de Nemours had a return on equity of 7.12% and a net margin of 5.47%. The firm had revenue of $3.07 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same period last year, the business posted $0.79 earnings per share. DuPont de Nemours's revenue was up 4.6% compared to the same quarter last year. Sell-side analysts expect that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Friday, May 30th will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.48%. DuPont de Nemours's payout ratio is -863.16%.

Wall Street Analysts Forecast Growth

Several analysts have commented on DD shares. Bank of America raised DuPont de Nemours from an "underperform" rating to a "neutral" rating and dropped their price objective for the company from $80.00 to $75.00 in a report on Tuesday, April 15th. Mizuho decreased their price objective on DuPont de Nemours from $100.00 to $80.00 and set an "outperform" rating on the stock in a report on Tuesday, April 15th. Wall Street Zen downgraded shares of DuPont de Nemours from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. KeyCorp upped their price objective 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. Finally, UBS Group raised their target price on shares of DuPont de Nemours from $79.00 to $85.00 and gave the stock a "buy" rating in a research note on Wednesday, May 21st. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently 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.