DuPont de Nemours, Inc. (NYSE:DD) Shares Bought by Private Advisor Group LLC

Private Advisor Group LLC boosted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 0.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 70,464 shares of the basic materials company’s stock after purchasing an additional 377 shares during the period. Private Advisor Group LLC’s holdings in DuPont de Nemours were worth $6,279,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DD. Wealthcare Advisory Partners LLC acquired a new position in DuPont de Nemours during the first quarter valued at $223,000. Courier Capital LLC lifted its position in DuPont de Nemours by 3.0% during the first quarter. Courier Capital LLC now owns 6,279 shares of the basic materials company’s stock valued at $481,000 after purchasing an additional 181 shares during the period. Grimes & Company Inc. lifted its position in DuPont de Nemours by 8.1% during the first quarter. Grimes & Company Inc. now owns 3,047 shares of the basic materials company’s stock valued at $234,000 after purchasing an additional 229 shares during the period. Coston McIsaac & Partners raised its position in shares of DuPont de Nemours by 3.5% in the first quarter. Coston McIsaac & Partners now owns 68,059 shares of the basic materials company’s stock worth $5,217,000 after acquiring an additional 2,295 shares during the period. Finally, Roberts Wealth Advisors LLC raised its position in shares of DuPont de Nemours by 3.3% in the first quarter. Roberts Wealth Advisors LLC now owns 36,478 shares of the basic materials company’s stock worth $2,679,000 after acquiring an additional 1,180 shares during the period. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Stock Down 1.1 %

Shares of NYSE DD opened at $83.30 on Friday. DuPont de Nemours, Inc. has a 12-month low of $61.14 and a 12-month high of $90.06. The stock has a market cap of $34.83 billion, a PE ratio of 101.59, a P/E/G ratio of 2.26 and a beta of 1.34. The company has a current ratio of 2.21, a quick ratio of 1.44 and a debt-to-equity ratio of 0.30. The company has a 50-day moving average of $83.85 and a 200 day moving average of $80.57.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data on Wednesday, July 31st. The basic materials company reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.12. DuPont de Nemours had a net margin of 5.30% and a return on equity of 6.31%. The company had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $3.05 billion. During the same quarter in the prior year, the company earned $0.85 EPS. DuPont de Nemours’s revenue was up 2.5% compared to the same quarter last year. As a group, sell-side analysts predict that DuPont de Nemours, Inc. will post 3.76 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be paid a $0.38 dividend. The ex-dividend date is Friday, November 29th. This represents a $1.52 annualized dividend and a dividend yield of 1.82%. DuPont de Nemours’s dividend payout ratio (DPR) is 185.37%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft upped their price objective on shares of DuPont de Nemours from $92.00 to $98.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Morgan Stanley upped their price objective on shares of DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a research report on Monday, October 21st. Royal Bank of Canada upped their price objective on shares of DuPont de Nemours from $87.00 to $102.00 and gave the stock an “outperform” rating in a research report on Monday, August 5th. Barclays downgraded shares of DuPont de Nemours from an “equal weight” rating to an “underweight” rating and decreased their price objective for the stock from $88.00 to $84.00 in a research report on Monday, October 7th. Finally, Citigroup decreased their price objective on shares of DuPont de Nemours from $95.00 to $94.00 and set a “buy” rating for the company in a research report on Friday, July 12th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $94.83.

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.