DuPont de Nemours, Inc. (NYSE:DD) Shares Acquired by Bokf Na

Bokf Na increased its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 3.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,624 shares of the basic materials company’s stock after purchasing an additional 271 shares during the period. Bokf Na’s holdings in DuPont de Nemours were worth $627,000 as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

Several equities analysts recently commented on DD shares. Citigroup dropped their target price 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. BMO Capital Markets increased their price objective on shares of DuPont de Nemours from $105.00 to $112.00 and gave the stock an “outperform” rating in a report on Thursday, February 13th. KeyCorp boosted their target price on shares of DuPont de Nemours from $81.00 to $85.00 and gave the company an “overweight” rating in a report on Monday, May 5th. Bank of America raised shares of DuPont de Nemours from an “underperform” rating to a “neutral” rating and cut their price target for the stock from $80.00 to $75.00 in a research note on Tuesday, April 15th. Finally, Wells Fargo & Company lowered their price objective on shares of DuPont de Nemours from $105.00 to $81.00 and set an “overweight” rating for the company in a research note on Wednesday, April 9th. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, DuPont de Nemours has an average rating of “Moderate Buy” and a consensus price target of $85.07.

DuPont de Nemours Stock Performance

DuPont de Nemours stock opened at $66.77 on Friday. The firm has a market capitalization of $27.94 billion, a PE ratio of 39.98, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. DuPont de Nemours, Inc. has a one year low of $53.77 and a one year high of $90.06. The stock’s 50 day moving average price is $68.36 and its 200 day moving average price is $76.04. 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 earnings results on Friday, May 2nd. The basic materials company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.08. The business had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.05 billion. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.79 earnings per share. As a group, sell-side analysts expect that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Friday, May 30th will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.46%. The ex-dividend date of this dividend is Friday, May 30th. DuPont de Nemours’s payout ratio is -863.16%.

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.