DuPont de Nemours, Inc. (NYSE:DD) Stock Position Lifted by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. increased its position in DuPont de Nemours, Inc. (NYSE:DD) by 0.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 68,914 shares of the basic materials company’s stock after buying an additional 451 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in DuPont de Nemours were worth $5,302,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of DD. City State Bank lifted its position in shares of DuPont de Nemours by 3.9% during the 4th quarter. City State Bank now owns 3,529 shares of the basic materials company’s stock worth $271,000 after buying an additional 132 shares during the period. Laurel Wealth Advisors LLC increased its holdings in DuPont de Nemours by 5.3% during the 3rd quarter. Laurel Wealth Advisors LLC now owns 2,803 shares of the basic materials company’s stock valued at $209,000 after purchasing an additional 142 shares in the last quarter. Ballast Inc. increased its holdings in DuPont de Nemours by 1.0% during the 3rd quarter. Ballast Inc. now owns 14,119 shares of the basic materials company’s stock valued at $1,053,000 after purchasing an additional 143 shares in the last quarter. Personal CFO Solutions LLC increased its holdings in DuPont de Nemours by 2.4% during the 3rd quarter. Personal CFO Solutions LLC now owns 6,174 shares of the basic materials company’s stock valued at $461,000 after purchasing an additional 147 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC increased its holdings in DuPont de Nemours by 0.4% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 36,787 shares of the basic materials company’s stock valued at $2,744,000 after purchasing an additional 160 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Stock Down 0.5 %

NYSE DD opened at $73.44 on Tuesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.73 and a current ratio of 2.43. DuPont de Nemours, Inc. has a 52 week low of $61.14 and a 52 week high of $78.74. The stock has a fifty day moving average of $72.13 and a 200-day moving average of $72.13. The stock has a market capitalization of $30.70 billion, a P/E ratio of 78.97, a price-to-earnings-growth ratio of 2.44 and a beta of 1.40.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data on Tuesday, February 6th. The basic materials company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.02. DuPont de Nemours had a return on equity of 6.12% and a net margin of 3.51%. The business had revenue of $2.90 billion during the quarter, compared to analysts’ expectations of $2.92 billion. During the same period in the previous year, the firm earned $0.89 earnings per share. The firm’s quarterly revenue was down 6.6% compared to the same quarter last year. On average, equities research analysts forecast that DuPont de Nemours, Inc. will post 3.48 EPS for the current year.

DuPont de Nemours Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were paid a dividend of $0.38 per share. The ex-dividend date was Wednesday, February 28th. This is a boost from DuPont de Nemours’s previous quarterly dividend of $0.36. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.07%. DuPont de Nemours’s payout ratio is 163.44%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Citigroup raised their price target on DuPont de Nemours from $73.00 to $80.00 and gave the company a “neutral” rating in a report on Wednesday, April 10th. Mizuho dropped their price target on DuPont de Nemours from $80.00 to $76.00 and set a “buy” rating for the company in a report on Wednesday, February 7th. Wells Fargo & Company raised their price target on DuPont de Nemours from $69.00 to $80.00 and gave the company an “equal weight” rating in a report on Thursday, April 11th. Bank of America cut DuPont de Nemours from a “buy” rating to an “underperform” rating and raised their price target for the company from $78.00 to $80.00 in a report on Tuesday, January 16th. Finally, Royal Bank of Canada raised their price target on DuPont de Nemours from $75.00 to $83.00 and gave the company an “outperform” rating in a report on Wednesday, February 7th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $77.90.

Insider Buying and Selling

In related news, insider Michael G. Goss sold 2,354 shares of DuPont de Nemours stock in a transaction on Wednesday, March 13th. The stock was 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 sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.56% of the stock is owned by insiders.

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.