Generali Investments Management Co LLC Buys New Position in DuPont de Nemours, Inc. (NYSE:DD)

Generali Investments Management Co LLC purchased a new position in shares of DuPont de Nemours, Inc. (NYSE:DD) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,767 shares of the basic materials company’s stock, valued at approximately $135,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hager Investment Management Services LLC purchased a new stake in DuPont de Nemours during the 4th quarter valued at approximately $26,000. Byrne Asset Management LLC purchased a new stake in shares of DuPont de Nemours during the fourth quarter worth approximately $29,000. Vision Financial Markets LLC acquired a new stake in shares of DuPont de Nemours during the fourth quarter worth $31,000. Golden State Wealth Management LLC purchased a new position in DuPont de Nemours in the 4th quarter valued at $33,000. Finally, FSA Wealth Management LLC acquired a new position in DuPont de Nemours in the 3rd quarter valued at $39,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on DD shares. UBS Group lifted their target price on shares of DuPont de Nemours from $102.00 to $103.00 and gave the company a “buy” rating in a report on Tuesday, February 25th. StockNews.com lowered DuPont de Nemours from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Barclays upgraded DuPont de Nemours from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $85.00 to $89.00 in a research report on Thursday, February 13th. Wolfe Research raised DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price target for the company in a report on Friday, January 17th. Finally, BMO Capital Markets upped their price objective on DuPont de Nemours from $105.00 to $112.00 and gave the stock an “outperform” rating in a report on Thursday, February 13th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $99.17.

DuPont de Nemours Stock Up 0.6 %

DuPont de Nemours stock opened at $77.57 on Thursday. DuPont de Nemours, Inc. has a fifty-two week low of $72.38 and a fifty-two week high of $90.06. The firm has a market capitalization of $32.43 billion, a price-to-earnings ratio of 46.45, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29. The stock’s fifty day moving average is $78.35 and its two-hundred day moving average is $81.00. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.88 and a current ratio of 1.33.

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

DuPont de Nemours Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were given a dividend of $0.41 per share. This is an increase from DuPont de Nemours’s previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a dividend yield of 2.11%. The ex-dividend date of this dividend was Monday, March 3rd. DuPont de Nemours’s payout ratio is currently 98.20%.

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.