DuPont de Nemours, Inc. (NYSE:DD) Shares Bought by Metis Global Partners LLC

Metis Global Partners LLC boosted its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 5.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,067 shares of the basic materials company’s stock after acquiring an additional 680 shares during the period. Metis Global Partners LLC’s holdings in DuPont de Nemours were worth $1,073,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hager Investment Management Services LLC acquired a new position in DuPont de Nemours during the 4th quarter worth approximately $26,000. Byrne Asset Management LLC acquired a new position in DuPont de Nemours during the 4th quarter worth approximately $29,000. Ashton Thomas Securities LLC acquired a new position in DuPont de Nemours during the 3rd quarter worth approximately $38,000. Golden State Wealth Management LLC acquired a new position in DuPont de Nemours during the 4th quarter worth approximately $33,000. Finally, FSA Wealth Management LLC acquired a new position in DuPont de Nemours during the 3rd quarter worth approximately $39,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

Shares of DD opened at $78.69 on Tuesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.88 and a current ratio of 1.33. The stock has a market capitalization of $32.90 billion, a P/E ratio of 47.12, a P/E/G ratio of 2.15 and a beta of 1.34. The company’s fifty day moving average is $78.04 and its two-hundred day moving average is $81.35. DuPont de Nemours, Inc. has a 1 year low of $68.81 and a 1 year high of $90.06.

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 net margin of 5.47% and a return on equity of 7.12%. On average, sell-side analysts predict that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid a $0.41 dividend. This is a boost from DuPont de Nemours’s previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a yield of 2.08%. The ex-dividend date of this dividend is Monday, March 3rd. DuPont de Nemours’s payout ratio is currently 98.20%.

Wall Street Analysts Forecast Growth

DD has been the subject of several recent analyst reports. Citigroup boosted their price objective on shares of DuPont de Nemours from $88.00 to $95.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. JPMorgan Chase & Co. reduced their price objective on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research report on Wednesday, January 15th. UBS Group boosted their price objective on shares of DuPont de Nemours from $102.00 to $103.00 and gave the stock a “buy” rating in a research report on Tuesday, February 25th. StockNews.com downgraded shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a research report on Friday. Finally, Barclays upgraded shares of DuPont de Nemours from an “underweight” rating to an “equal weight” rating and upped their price target for the company from $85.00 to $89.00 in a research report on Thursday, February 13th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $99.17.

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.