DuPont de Nemours, Inc. (NYSE:DD) Shares Purchased by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 2.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,304 shares of the basic materials company’s stock after acquiring an additional 208 shares during the period. Farther Finance Advisors LLC’s holdings in DuPont de Nemours were worth $557,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DD. Hager Investment Management Services LLC acquired a new position in DuPont de Nemours during the fourth quarter worth $26,000. Byrne Asset Management LLC acquired a new position in DuPont de Nemours during the fourth quarter worth $29,000. Vision Financial Markets LLC acquired a new stake in DuPont de Nemours in the fourth quarter valued at $31,000. Golden State Wealth Management LLC acquired a new stake in DuPont de Nemours in the fourth quarter valued at $33,000. Finally, Noble Wealth Management PBC acquired a new stake in DuPont de Nemours in the fourth quarter valued at $35,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

DD has been the topic of several research reports. Citigroup upped their target price on DuPont de Nemours from $88.00 to $95.00 and gave the company a “buy” rating in a report on Thursday, February 13th. Royal Bank of Canada lowered their target price on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a 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 on the stock in a report on Friday, January 17th. BMO Capital Markets upped their target price on DuPont de Nemours from $105.00 to $112.00 and gave the company an “outperform” rating in a report on Thursday, February 13th. Finally, StockNews.com lowered DuPont de Nemours from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $99.17.

DuPont de Nemours Stock Performance

NYSE DD opened at $77.16 on Monday. The business’s 50-day moving average price is $78.19 and its 200 day moving average price is $81.11. DuPont de Nemours, Inc. has a twelve month low of $72.38 and a twelve month high of $90.06. The company has a market capitalization of $32.25 billion, a PE ratio of 46.20, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29. 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 the consensus estimate 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 predict that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a dividend of $0.41 per share. The ex-dividend date of this dividend is Monday, March 3rd. This is an increase from DuPont de Nemours’s previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a yield of 2.13%. DuPont de Nemours’s dividend payout ratio is 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.