DuPont de Nemours, Inc. (NYSE:DD) Shares Bought by Adams Natural Resources Fund Inc.

Adams Natural Resources Fund Inc. grew its stake in DuPont de Nemours, Inc. (NYSE:DD) by 10.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 36,926 shares of the basic materials company’s stock after purchasing an additional 3,400 shares during the period. Adams Natural Resources Fund Inc.’s holdings in DuPont de Nemours were worth $2,816,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Lake Street Advisors Group LLC raised its stake in DuPont de Nemours by 3.2% during the fourth quarter. Lake Street Advisors Group LLC now owns 4,231 shares of the basic materials company’s stock valued at $323,000 after buying an additional 132 shares in the last quarter. Global Trust Asset Management LLC raised its position in shares of DuPont de Nemours by 1.5% during the 4th quarter. Global Trust Asset Management LLC now owns 9,227 shares of the basic materials company’s stock valued at $704,000 after acquiring an additional 133 shares in the last quarter. Avior Wealth Management LLC lifted its stake in DuPont de Nemours by 22.7% during the fourth quarter. Avior Wealth Management LLC now owns 741 shares of the basic materials company’s stock worth $57,000 after purchasing an additional 137 shares during the last quarter. Howard Capital Management Inc. boosted its holdings in DuPont de Nemours by 5.4% in the fourth quarter. Howard Capital Management Inc. now owns 2,809 shares of the basic materials company’s stock worth $214,000 after purchasing an additional 144 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich increased its stake in DuPont de Nemours by 7.4% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,117 shares of the basic materials company’s stock valued at $178,000 after purchasing an additional 146 shares during the last quarter. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Down 2.2 %

DD stock opened at $75.25 on Friday. The firm’s 50-day moving average is $78.46 and its two-hundred day moving average is $80.91. The company has a market capitalization of $31.46 billion, a price-to-earnings ratio of 45.06, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29. DuPont de Nemours, Inc. has a 52 week low of $72.38 and a 52 week high of $90.06. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.22.

DuPont de Nemours (NYSE:DD) last released its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.15. DuPont de Nemours had a return on equity of 7.12% and a net margin of 5.47%. On average, analysts forecast that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were given a $0.41 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost from DuPont de Nemours’s previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a yield of 2.18%. DuPont de Nemours’s payout ratio is 98.20%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on DD shares. StockNews.com downgraded shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. 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 note on Friday, January 17th. Wells Fargo & Company cut their price target 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. 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 research note on Thursday, February 13th. Finally, UBS Group raised their target price on DuPont de Nemours from $102.00 to $103.00 and gave the company a “buy” rating in a research note on Tuesday, February 25th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and a consensus price target of $99.17.

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.