International Assets Investment Management LLC Buys 282,166 Shares of DuPont de Nemours, Inc. (NYSE:DD)

International Assets Investment Management LLC boosted its stake in DuPont de Nemours, Inc. (NYSE:DD) by 9,558.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 285,118 shares of the basic materials company’s stock after purchasing an additional 282,166 shares during the period. International Assets Investment Management LLC owned about 0.07% of DuPont de Nemours worth $21,934,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of DD. Peoples Bank KS acquired a new position in shares of DuPont de Nemours during the third quarter worth $25,000. Cornerstone Planning Group LLC acquired a new position in shares of DuPont de Nemours during the second quarter worth $25,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of DuPont de Nemours during the first quarter worth $26,000. Carmel Capital Partners LLC acquired a new position in shares of DuPont de Nemours during the third quarter worth $36,000. Finally, Indiana Trust & Investment Management CO acquired a new position in shares of DuPont de Nemours during the third quarter worth $38,000. Institutional investors own 73.96% of the company’s stock.

Insider Transactions at DuPont de Nemours

In other news, insider Michael G. Goss sold 2,354 shares of the business’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $72.80, for a total transaction of $171,371.20. Following the completion of the sale, the insider now directly owns 15,587 shares of the company’s stock, valued at $1,134,733.60. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.50% of the stock is currently owned by insiders.

Analysts Set New Price Targets

DD has been the topic of a number of recent research reports. Bank of America lowered shares of DuPont de Nemours from a “buy” rating to an “underperform” rating and lifted their price target for the stock from $78.00 to $80.00 in a report on Tuesday, January 16th. Barclays lowered their target price on shares of DuPont de Nemours from $74.00 to $70.00 and set an “equal weight” rating for the company in a research note on Monday, February 12th. TheStreet downgraded shares of DuPont de Nemours from a “b-” rating to a “c” rating in a research note on Tuesday, February 6th. Citigroup lifted their target price on shares of DuPont de Nemours from $73.00 to $80.00 and gave the stock a “neutral” rating in a research note on Wednesday. Finally, StockNews.com raised shares of DuPont de Nemours from a “sell” rating to a “hold” rating in a research note on Wednesday, February 14th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $76.80.

DuPont de Nemours Trading Down 1.4 %

DD opened at $76.22 on Thursday. DuPont de Nemours, Inc. has a 1-year low of $61.14 and a 1-year high of $78.74. The company has a current ratio of 2.43, a quick ratio of 1.73 and a debt-to-equity ratio of 0.32. The company has a market cap of $31.87 billion, a P/E ratio of 81.96, a price-to-earnings-growth ratio of 2.51 and a beta of 1.40. The company has a fifty day moving average price of $71.37 and a two-hundred day moving average price of $72.12.

DuPont de Nemours (NYSE:DD) last posted its earnings results on Tuesday, February 6th. The basic materials company reported $0.87 EPS for the quarter, topping the consensus estimate of $0.85 by $0.02. The company had revenue of $2.90 billion during the quarter, compared to the consensus estimate of $2.92 billion. DuPont de Nemours had a net margin of 3.51% and a return on equity of 6.12%. The firm’s revenue for the quarter was down 6.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.89 earnings per share. Analysts predict that DuPont de Nemours, Inc. will post 3.48 EPS for the current fiscal year.

DuPont de Nemours Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were given a dividend of $0.38 per share. The ex-dividend date was Wednesday, February 28th. This is an increase from DuPont de Nemours’s previous quarterly dividend of $0.36. This represents a $1.52 annualized dividend and a dividend yield of 1.99%. DuPont de Nemours’s payout ratio is presently 163.44%.

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.