Robeco Institutional Asset Management B.V. Buys 165,671 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Robeco Institutional Asset Management B.V. increased its stake in DuPont de Nemours, Inc. (NYSE:DD) by 20.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 992,906 shares of the basic materials company’s stock after buying an additional 165,671 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.24% of DuPont de Nemours worth $75,709,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Assenagon Asset Management S.A. raised its position in DuPont de Nemours by 431.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,058,446 shares of the basic materials company’s stock worth $80,707,000 after purchasing an additional 859,333 shares during the period. Franklin Resources Inc. grew its stake in shares of DuPont de Nemours by 9.8% during the third quarter. Franklin Resources Inc. now owns 6,410,485 shares of the basic materials company’s stock valued at $556,751,000 after buying an additional 570,703 shares during the last quarter. Zacks Investment Management purchased a new stake in shares of DuPont de Nemours in the third quarter worth approximately $42,810,000. Two Sigma Advisers LP lifted its stake in shares of DuPont de Nemours by 48.3% during the 3rd quarter. Two Sigma Advisers LP now owns 1,415,900 shares of the basic materials company’s stock worth $126,171,000 after acquiring an additional 461,400 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of DuPont de Nemours by 164.9% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 718,019 shares of the basic materials company’s stock worth $63,983,000 after acquiring an additional 446,948 shares during the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

DuPont de Nemours Trading Up 0.2 %

Shares of NYSE DD opened at $76.48 on Thursday. The stock has a market capitalization of $31.97 billion, a P/E ratio of 40.25, a price-to-earnings-growth ratio of 1.70 and a beta of 1.35. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.28 and a quick ratio of 1.49. The business has a fifty day moving average price of $78.71 and a 200 day moving average price of $81.28. DuPont de Nemours, Inc. has a 1-year low of $61.14 and a 1-year high of $90.06.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings data on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.15. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The firm had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.20 billion. During the same quarter last year, the firm earned $0.92 EPS. The business’s quarterly revenue was up 4.4% on a year-over-year basis. Equities research analysts expect that DuPont de Nemours, Inc. will post 3.91 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on DD. Royal Bank of Canada lifted their target price on DuPont de Nemours from $102.00 to $104.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. BMO Capital Markets lowered their price objective on shares of DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating for the company in a research report on Thursday, January 16th. Barclays raised their target price on shares of DuPont de Nemours from $84.00 to $85.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 6th. Wells Fargo & Company boosted their price target on DuPont de Nemours from $105.00 to $107.00 and gave the company an “overweight” rating in a report on Wednesday, November 6th. Finally, Morgan Stanley increased their price objective on DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a research note on Monday, October 21st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $98.00.

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.