DuPont de Nemours, Inc. (NYSE:DD) Shares Acquired by Worldquant Millennium Advisors LLC

Worldquant Millennium Advisors LLC increased its holdings in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 22.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 552,003 shares of the basic materials company's stock after purchasing an additional 101,949 shares during the period. Worldquant Millennium Advisors LLC owned approximately 0.13% of DuPont de Nemours worth $42,090,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Norges Bank purchased a new stake in DuPont de Nemours during the fourth quarter valued at approximately $146,605,000. Marshall Wace LLP raised its holdings in DuPont de Nemours by 228.8% during the 4th quarter. Marshall Wace LLP now owns 1,471,730 shares of the basic materials company's stock valued at $112,219,000 after buying an additional 1,024,075 shares during the period. Prudential Financial Inc. lifted its position in DuPont de Nemours by 337.5% in the fourth quarter. Prudential Financial Inc. now owns 1,278,583 shares of the basic materials company's stock worth $97,492,000 after buying an additional 986,366 shares during the last quarter. Schroder Investment Management Group boosted its stake in DuPont de Nemours by 194.7% during the fourth quarter. Schroder Investment Management Group now owns 1,145,108 shares of the basic materials company's stock worth $86,971,000 after buying an additional 756,604 shares during the period. Finally, Northern Trust Corp boosted its stake in DuPont de Nemours by 16.3% during the fourth quarter. Northern Trust Corp now owns 4,931,816 shares of the basic materials company's stock worth $376,051,000 after buying an additional 690,218 shares during the period. Hedge funds and other institutional investors own 73.96% of the company's stock.

DuPont de Nemours Stock Down 0.6%

Shares of NYSE DD traded down $0.39 during mid-day trading on Monday, reaching $67.62. 1,748,454 shares of the company were exchanged, compared to its average volume of 2,417,760. The firm has a 50-day moving average of $66.71 and a 200 day moving average of $74.89. DuPont de Nemours, Inc. has a 1 year low of $53.77 and a 1 year high of $90.06. The company has a quick ratio of 0.88, a current ratio of 1.33 and a debt-to-equity ratio of 0.22. The stock has a market cap of $28.30 billion, a price-to-earnings ratio of 40.49, a P/E/G ratio of 2.15 and a beta of 1.07.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its quarterly 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. The business had revenue of $3.07 billion for the quarter, compared to analysts' expectations of $3.05 billion. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. The company's revenue was up 4.6% compared to the same quarter last year. During the same period last year, the business earned $0.79 EPS. On average, research analysts expect that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Announces Dividend

The business 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 $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date is Friday, May 30th. DuPont de Nemours's dividend payout ratio (DPR) is presently -863.16%.

Analyst Ratings Changes

A number of equities analysts recently commented on DD shares. Mizuho dropped their price target on shares of DuPont de Nemours from $100.00 to $80.00 and set an "outperform" rating for the company in a research note on Tuesday, April 15th. Wells Fargo & Company lowered 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 note on Wednesday, April 9th. 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. Barclays decreased their target price on 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. Finally, KeyCorp increased their price target on DuPont de Nemours from $81.00 to $85.00 and gave the stock an "overweight" rating in a research report on Monday, May 5th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target 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.