Bryn Mawr Capital Management LLC Has $5.77 Million Stock Position in DuPont de Nemours, Inc. (NYSE:DD)

Bryn Mawr Capital Management LLC grew its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 1.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 75,672 shares of the basic materials company’s stock after acquiring an additional 1,225 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in DuPont de Nemours were worth $5,770,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of DD. Allspring Global Investments Holdings LLC increased its stake in DuPont de Nemours by 2.8% during the third quarter. Allspring Global Investments Holdings LLC now owns 20,126 shares of the basic materials company’s stock valued at $1,793,000 after acquiring an additional 540 shares during the period. International Assets Investment Management LLC increased its position in shares of DuPont de Nemours by 4,211.4% during the third quarter. International Assets Investment Management LLC now owns 250,964 shares of the basic materials company’s stock valued at $22,363,000 after purchasing an additional 245,143 shares during the period. Allworth Financial LP increased its position in shares of DuPont de Nemours by 2.8% during the third quarter. Allworth Financial LP now owns 10,193 shares of the basic materials company’s stock valued at $908,000 after purchasing an additional 282 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of DuPont de Nemours by 31.6% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 26,456 shares of the basic materials company’s stock valued at $2,369,000 after purchasing an additional 6,353 shares in the last quarter. Finally, Forsta AP Fonden lifted its position in DuPont de Nemours by 11.5% in the third quarter. Forsta AP Fonden now owns 82,300 shares of the basic materials company’s stock worth $7,334,000 after purchasing an additional 8,500 shares during the period. Institutional investors and hedge funds own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

DD has been the topic of several analyst reports. Barclays raised shares of DuPont de Nemours from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $85.00 to $89.00 in a report on Thursday, February 13th. Royal Bank of Canada dropped their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research report on Monday, February 10th. Wells Fargo & Company decreased their price objective on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating on the stock in a report on Wednesday, February 12th. JPMorgan Chase & Co. dropped their target price on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a report on Wednesday, January 15th. Finally, Wolfe Research upgraded DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 target price for the company in a research report on Friday, January 17th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $99.17.

DuPont de Nemours Stock Up 0.0 %

Shares of NYSE:DD opened at $81.85 on Wednesday. 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 firm has a market cap of $34.22 billion, a P/E ratio of 49.01, a P/E/G ratio of 2.15 and a beta of 1.34. DuPont de Nemours, Inc. has a 12 month low of $68.21 and a 12 month high of $90.06. The company’s 50-day moving average price is $77.75 and its two-hundred day moving average price is $81.30.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings results on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, beating the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. As a group, research analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.00%. The ex-dividend date is Monday, March 3rd. This is a positive change from DuPont de Nemours’s previous quarterly dividend of $0.38. DuPont de Nemours’s dividend payout ratio is 91.02%.

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.