Financial Counselors Inc. Has $1.26 Million Stock Position in DuPont de Nemours, Inc. (NYSE:DD)

Financial Counselors Inc. lifted its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,503 shares of the basic materials company’s stock after purchasing an additional 185 shares during the period. Financial Counselors Inc.’s holdings in DuPont de Nemours were worth $1,258,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of DD. TIAA Trust National Association lifted its holdings in DuPont de Nemours by 11.3% in the 4th quarter. TIAA Trust National Association now owns 16,925 shares of the basic materials company’s stock worth $1,291,000 after purchasing an additional 1,716 shares during the last quarter. Modern Wealth Management LLC lifted its stake in shares of DuPont de Nemours by 44.2% in the fourth quarter. Modern Wealth Management LLC now owns 3,518 shares of the basic materials company’s stock worth $268,000 after buying an additional 1,079 shares during the last quarter. CoreFirst Bank & Trust bought a new stake in shares of DuPont de Nemours during the 4th quarter worth $80,000. Prudential Financial Inc. grew its stake in DuPont de Nemours by 337.5% in the 4th quarter. Prudential Financial Inc. now owns 1,278,583 shares of the basic materials company’s stock valued at $97,492,000 after buying an additional 986,366 shares during the last quarter. Finally, Congress Wealth Management LLC DE raised its holdings in DuPont de Nemours by 0.8% in the 4th quarter. Congress Wealth Management LLC DE now owns 91,862 shares of the basic materials company’s stock worth $6,970,000 after acquiring an additional 708 shares during the period. 73.96% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have issued reports on DD. StockNews.com cut shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a report on Friday, February 28th. 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. BMO Capital Markets upped their price target on DuPont de Nemours from $105.00 to $112.00 and gave the stock an “outperform” rating in a report on Thursday, February 13th. JPMorgan Chase & Co. lowered their price objective on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 15th. Finally, Wolfe Research upgraded shares of DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 target price for the company in a research note on Friday, January 17th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $99.17.

DuPont de Nemours Trading Down 0.6 %

Shares of DD stock opened at $76.00 on Friday. The firm has a fifty day moving average of $78.52 and a 200-day moving average of $80.78. The stock has a market cap of $31.77 billion, a price-to-earnings ratio of 45.51, a P/E/G ratio of 2.15 and a beta of 1.29. DuPont de Nemours, Inc. has a 52-week low of $72.38 and a 52-week high of $90.06. 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 announced its quarterly earnings results on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.15. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. On average, equities research analysts forecast that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were paid a $0.41 dividend. This is a positive change 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 2.16%. DuPont de Nemours’s payout ratio is currently 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.