DuPont de Nemours, Inc. (NYSE:DD) Shares Purchased by Congress Wealth Management LLC DE

Congress Wealth Management LLC DE increased its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 0.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 91,862 shares of the basic materials company’s stock after buying an additional 708 shares during the quarter. Congress Wealth Management LLC DE’s holdings in DuPont de Nemours were worth $6,970,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of DD. United Bank lifted its holdings in shares of DuPont de Nemours by 2.7% in the 3rd quarter. United Bank now owns 11,015 shares of the basic materials company’s stock valued at $982,000 after buying an additional 290 shares during the period. Cerity Partners LLC lifted its holdings in DuPont de Nemours by 40.3% in the third quarter. Cerity Partners LLC now owns 108,427 shares of the basic materials company’s stock valued at $9,662,000 after acquiring an additional 31,164 shares during the period. Larson Financial Group LLC boosted its position in DuPont de Nemours by 87.5% in the 3rd quarter. Larson Financial Group LLC now owns 812 shares of the basic materials company’s stock worth $72,000 after purchasing an additional 379 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in shares of DuPont de Nemours by 25.7% during the 3rd quarter. Daiwa Securities Group Inc. now owns 61,328 shares of the basic materials company’s stock worth $5,465,000 after purchasing an additional 12,546 shares during the period. Finally, Fisher Asset Management LLC lifted its stake in shares of DuPont de Nemours by 16.2% in the 3rd quarter. Fisher Asset Management LLC now owns 4,900 shares of the basic materials company’s stock valued at $437,000 after purchasing an additional 684 shares during the period. 73.96% of the stock is owned by hedge funds and other institutional investors.

DuPont de Nemours Trading Down 0.8 %

NYSE:DD opened at $76.46 on Wednesday. DuPont de Nemours, Inc. has a 12-month low of $72.38 and a 12-month high of $90.06. The firm has a market cap of $31.96 billion, a PE ratio of 45.78, 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. The stock has a fifty day moving average price of $78.53 and a 200 day moving average price of $80.84.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, beating 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%. Sell-side analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.14%. This is a positive change from DuPont de Nemours’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, March 3rd. DuPont de Nemours’s dividend payout ratio (DPR) is presently 98.20%.

Wall Street Analysts Forecast Growth

DD has been the topic of several analyst reports. 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. 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 report on Monday, February 10th. Wells Fargo & Company lowered their price target on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 12th. UBS Group boosted their price objective on DuPont de Nemours from $102.00 to $103.00 and gave the company a “buy” rating in a research report on Tuesday, February 25th. Finally, StockNews.com cut shares of 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 stock. According to MarketBeat, DuPont de Nemours presently has a consensus rating of “Moderate Buy” and an average price target of $99.17.

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.