DuPont de Nemours, Inc. (NYSE:DD) Shares Acquired by Insigneo Advisory Services LLC

Insigneo Advisory Services LLC grew its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 3.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,350 shares of the basic materials company’s stock after purchasing an additional 170 shares during the period. Insigneo Advisory Services LLC’s holdings in DuPont de Nemours were worth $408,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Hager Investment Management Services LLC acquired a new stake in DuPont de Nemours during the 4th quarter valued at $26,000. Aster Capital Management DIFC Ltd raised its position in DuPont de Nemours by 479.4% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 365 shares of the basic materials company’s stock valued at $28,000 after buying an additional 302 shares during the period. Byrne Asset Management LLC purchased a new stake in DuPont de Nemours in the 4th quarter worth about $29,000. Vision Financial Markets LLC acquired a new stake in DuPont de Nemours during the 4th quarter worth about $31,000. Finally, Golden State Wealth Management LLC purchased a new position in DuPont de Nemours during the 4th quarter valued at about $33,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Wolfe Research upgraded shares of 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. Barclays raised shares of DuPont de Nemours from an “underweight” rating to an “equal weight” rating and upped their price target for the stock from $85.00 to $89.00 in a research note on Thursday, February 13th. Bank of America upgraded DuPont de Nemours from an “underperform” rating to a “neutral” rating and cut their price objective for the stock from $80.00 to $75.00 in a report on Tuesday. BMO Capital Markets boosted their target price on DuPont de Nemours from $105.00 to $112.00 and gave the company an “outperform” rating in a research note on Thursday, February 13th. Finally, Citigroup cut their price target on DuPont de Nemours from $95.00 to $74.00 and set a “buy” rating for the company in a research note on Tuesday, April 8th. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $87.71.

DuPont de Nemours Stock Up 1.5 %

DD stock opened at $60.13 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.33 and a quick ratio of 0.88. The company has a 50-day moving average of $73.83 and a two-hundred day moving average of $78.39. The stock has a market capitalization of $25.16 billion, a price-to-earnings ratio of 36.01, a price-to-earnings-growth ratio of 2.15 and a beta of 1.25. DuPont de Nemours, Inc. has a 52-week low of $53.77 and a 52-week high of $90.06.

DuPont de Nemours (NYSE:DD) last released its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, beating 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%. As a group, equities research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were issued a $0.41 dividend. The ex-dividend date was Monday, March 3rd. This is an increase from DuPont de Nemours’s previous quarterly dividend of $0.38. This represents a $1.64 dividend on an annualized basis and a yield of 2.73%. DuPont de Nemours’s dividend payout ratio is 98.20%.

About DuPont de Nemours

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.