Ausdal Financial Partners Inc. Has $433,000 Position in DuPont de Nemours, Inc. (NYSE:DD)

Ausdal Financial Partners Inc. lifted its stake in DuPont de Nemours, Inc. (NYSE:DD) by 140.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,678 shares of the basic materials company’s stock after acquiring an additional 3,321 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in DuPont de Nemours were worth $433,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its position in DuPont de Nemours by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 46,596,215 shares of the basic materials company’s stock valued at $3,552,961,000 after acquiring an additional 353,010 shares in the last quarter. State Street Corp raised its holdings in shares of DuPont de Nemours by 2.4% during the 3rd quarter. State Street Corp now owns 16,983,109 shares of the basic materials company’s stock valued at $1,513,365,000 after purchasing an additional 399,728 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of DuPont de Nemours by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 9,952,115 shares of the basic materials company’s stock valued at $883,821,000 after purchasing an additional 100,198 shares in the last quarter. Franklin Resources Inc. lifted its stake in shares of DuPont de Nemours by 9.8% in the 3rd quarter. Franklin Resources Inc. now owns 6,410,485 shares of the basic materials company’s stock valued at $556,751,000 after purchasing an additional 570,703 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in DuPont de Nemours by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,868,586 shares of the basic materials company’s stock worth $218,730,000 after purchasing an additional 91,108 shares in the last quarter. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

DuPont de Nemours Stock Down 0.6 %

NYSE DD opened at $76.00 on Friday. DuPont de Nemours, Inc. has a twelve month low of $72.38 and a twelve month high of $90.06. The stock has a market cap of $31.77 billion, a PE ratio of 45.51, a PEG ratio of 2.15 and a beta of 1.29. The firm has a 50-day simple moving average of $78.52 and a 200 day simple moving average of $80.78. 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 announced its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 EPS 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, research analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were paid a $0.41 dividend. This is a boost from DuPont de Nemours’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.16%. DuPont de Nemours’s dividend payout ratio is currently 98.20%.

Analyst Upgrades and Downgrades

DD has been the subject of a number of analyst reports. Royal Bank of Canada reduced their price target on 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. Wolfe Research raised 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. JPMorgan Chase & Co. dropped their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 15th. Wells Fargo & Company decreased their price objective on shares of DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating for the company in a report on Wednesday, February 12th. Finally, Citigroup lifted their target price on shares of DuPont de Nemours from $88.00 to $95.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $99.17.

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.