Robeco Institutional Asset Management B.V. Has $73.72 Million Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Robeco Institutional Asset Management B.V. raised its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 17.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 827,235 shares of the basic materials company’s stock after purchasing an additional 121,310 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.20% of DuPont de Nemours worth $73,715,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Jacobs Levy Equity Management Inc. increased its stake in DuPont de Nemours by 403.2% in the first quarter. Jacobs Levy Equity Management Inc. now owns 1,421,685 shares of the basic materials company’s stock valued at $109,001,000 after acquiring an additional 1,139,156 shares during the last quarter. Zurich Insurance Group Ltd FI bought a new position in shares of DuPont de Nemours in the 2nd quarter valued at $83,540,000. Renaissance Technologies LLC acquired a new position in shares of DuPont de Nemours during the 2nd quarter worth $67,665,000. Ceredex Value Advisors LLC lifted its position in shares of DuPont de Nemours by 95.0% during the 2nd quarter. Ceredex Value Advisors LLC now owns 1,165,164 shares of the basic materials company’s stock worth $93,784,000 after buying an additional 567,732 shares during the last quarter. Finally, Canada Pension Plan Investment Board boosted its stake in DuPont de Nemours by 34.0% in the first quarter. Canada Pension Plan Investment Board now owns 1,542,045 shares of the basic materials company’s stock valued at $118,229,000 after buying an additional 391,400 shares in the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Trading Down 0.8 %

Shares of DD opened at $81.85 on Tuesday. The firm has a market cap of $34.19 billion, a P/E ratio of 53.85, a price-to-earnings-growth ratio of 2.19 and a beta of 1.35. DuPont de Nemours, Inc. has a fifty-two week low of $61.14 and a fifty-two week high of $90.06. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.44 and a current ratio of 2.21. The business has a 50-day moving average of $84.15 and a 200 day moving average of $81.01.

DuPont de Nemours Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be given a dividend of $0.38 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $1.52 annualized dividend and a dividend yield of 1.86%. DuPont de Nemours’s dividend payout ratio is currently 100.00%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft upped their price objective on shares of DuPont de Nemours from $92.00 to $98.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Royal Bank of Canada upped their price target on shares of DuPont de Nemours from $87.00 to $102.00 and gave the stock an “outperform” rating in a report on Monday, August 5th. Morgan Stanley raised their price objective on DuPont de Nemours from $88.00 to $94.00 and gave the company an “equal weight” rating in a report on Monday, October 21st. Barclays cut DuPont de Nemours from an “equal weight” rating to an “underweight” rating and lowered their target price for the stock from $88.00 to $84.00 in a report on Monday, October 7th. Finally, Citigroup reduced their price target on DuPont de Nemours from $95.00 to $94.00 and set a “buy” rating on the stock in a report on Friday, July 12th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, DuPont de Nemours currently has an average rating of “Moderate Buy” and an average price target of $94.83.

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.