DuPont de Nemours, Inc. (NYSE:DD) Shares Acquired by Schroder Investment Management Group

Schroder Investment Management Group raised its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 194.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,145,108 shares of the basic materials company’s stock after purchasing an additional 756,604 shares during the quarter. Schroder Investment Management Group owned 0.27% of DuPont de Nemours worth $86,971,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of DD. Norges Bank bought a new position in DuPont de Nemours during the 4th quarter valued at $146,605,000. Prudential Financial Inc. lifted its position in shares of DuPont de Nemours by 337.5% during the fourth quarter. Prudential Financial Inc. now owns 1,278,583 shares of the basic materials company’s stock worth $97,492,000 after purchasing an additional 986,366 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in DuPont de Nemours by 431.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,058,446 shares of the basic materials company’s stock worth $80,707,000 after purchasing an additional 859,333 shares in the last quarter. Raymond James Financial Inc. bought a new stake in DuPont de Nemours in the fourth quarter valued at about $50,063,000. Finally, Franklin Resources Inc. raised its stake in DuPont de Nemours by 9.8% during the third quarter. Franklin Resources Inc. now owns 6,410,485 shares of the basic materials company’s stock valued at $556,751,000 after buying an additional 570,703 shares in the last quarter. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

DuPont de Nemours Trading Down 2.6 %

Shares of DD stock opened at $74.00 on Monday. DuPont de Nemours, Inc. has a 1 year low of $72.38 and a 1 year high of $90.06. The firm has a market capitalization of $30.94 billion, a PE ratio of 44.31, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29. The stock has a fifty day moving average of $78.45 and a two-hundred day moving average of $80.75. 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 posted its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share for the quarter, topping 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 expect that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were issued a dividend of $0.41 per share. This is a boost from DuPont de Nemours’s previous quarterly dividend of $0.38. The ex-dividend date was Monday, March 3rd. This represents a $1.64 annualized dividend and a yield of 2.22%. DuPont de Nemours’s payout ratio is presently 98.20%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on DD shares. UBS Group boosted their price target on DuPont de Nemours from $102.00 to $103.00 and gave the company a “buy” rating in a report on Tuesday, February 25th. JPMorgan Chase & Co. lowered their price objective 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 Wednesday, January 15th. Wells Fargo & Company decreased their target price on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating for the company in a research note on Wednesday, February 12th. BMO Capital Markets increased their price target on DuPont de Nemours from $105.00 to $112.00 and gave the stock an “outperform” rating in a research report on Thursday, February 13th. Finally, StockNews.com lowered DuPont de Nemours from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average 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.