Headlands Technologies LLC Has $154,000 Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Headlands Technologies LLC increased its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 126.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,015 shares of the basic materials company’s stock after purchasing an additional 1,127 shares during the period. Headlands Technologies LLC’s holdings in DuPont de Nemours were worth $154,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Hager Investment Management Services LLC acquired a new position in shares of DuPont de Nemours during the 4th quarter valued at about $26,000. Byrne Asset Management LLC acquired a new position in DuPont de Nemours during the fourth quarter valued at approximately $29,000. Vision Financial Markets LLC bought a new position in shares of DuPont de Nemours in the fourth quarter valued at approximately $31,000. Golden State Wealth Management LLC acquired a new stake in shares of DuPont de Nemours in the fourth quarter worth $33,000. Finally, Noble Wealth Management PBC bought a new stake in shares of DuPont de Nemours during the 4th quarter worth $35,000. 73.96% of the stock is owned by institutional investors and hedge funds.

DuPont de Nemours Trading Down 13.0 %

Shares of DD stock opened at $58.96 on Friday. The firm has a fifty day moving average of $77.71 and a 200-day moving average of $80.36. The stock has a market cap of $24.65 billion, a price-to-earnings ratio of 35.30, a P/E/G ratio of 2.15 and a beta of 1.25. DuPont de Nemours, Inc. has a 52-week low of $56.18 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 posted its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share for the quarter, beating 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 announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were issued a $0.41 dividend. The ex-dividend date was Monday, March 3rd. This is a boost from DuPont de Nemours’s previous quarterly dividend of $0.38. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.78%. DuPont de Nemours’s dividend payout ratio is presently 98.20%.

Analyst Ratings Changes

Several research analysts recently commented on DD shares. Wolfe Research upgraded shares of 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. Royal Bank of Canada cut their price objective on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research report on Monday, February 10th. StockNews.com lowered DuPont de Nemours from a “buy” rating to a “hold” rating in a report on Friday, February 28th. UBS Group increased 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, Barclays upgraded shares of DuPont de Nemours from an “underweight” rating to an “equal weight” rating and raised their price objective for the stock from $85.00 to $89.00 in a research note on Thursday, February 13th. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $99.17.

DuPont de Nemours 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.