DuPont de Nemours, Inc. (NYSE:DD) Shares Acquired by Howard Capital Management Inc.

Howard Capital Management Inc. grew its position in DuPont de Nemours, Inc. (NYSE:DD) by 5.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 2,809 shares of the basic materials company’s stock after acquiring an additional 144 shares during the period. Howard Capital Management Inc.’s holdings in DuPont de Nemours were worth $214,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hager Investment Management Services LLC acquired a new stake in shares of DuPont de Nemours in the 4th quarter valued at $26,000. Byrne Asset Management LLC acquired a new stake in shares of DuPont de Nemours in the 4th quarter valued at $29,000. Ashton Thomas Securities LLC acquired a new stake in shares of DuPont de Nemours in the 3rd quarter valued at $38,000. Golden State Wealth Management LLC acquired a new stake in shares of DuPont de Nemours in the 4th quarter valued at $33,000. Finally, FSA Wealth Management LLC acquired a new stake in DuPont de Nemours during the 3rd quarter worth $39,000. 73.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DD has been the topic of several research analyst reports. UBS Group lifted their price target on shares of DuPont de Nemours from $102.00 to $103.00 and gave the stock a “buy” rating in a research note on Tuesday. BMO Capital Markets lifted their price target on shares of DuPont de Nemours from $105.00 to $112.00 and gave the stock an “outperform” rating in a research note on Thursday, February 13th. Barclays upgraded shares of DuPont de Nemours from an “underweight” rating to an “equal weight” rating and lifted their price target for the stock from $85.00 to $89.00 in a research note on Thursday, February 13th. Royal Bank of Canada cut their price target 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 Monday, February 10th. Finally, Citigroup lifted their price target on shares of DuPont de Nemours from $88.00 to $95.00 and gave the stock a “buy” rating in a research note on Thursday, February 13th. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and an average price target of $99.17.

DuPont de Nemours Trading Up 0.0 %

NYSE DD opened at $81.85 on Wednesday. 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 firm has a market cap of $34.22 billion, a PE ratio of 49.01, a P/E/G ratio of 2.15 and a beta of 1.34. DuPont de Nemours, Inc. has a one year low of $68.21 and a one year high of $90.06. The firm’s fifty day moving average is $77.75 and its two-hundred day moving average is $81.30.

DuPont de Nemours (NYSE:DD) last issued its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share 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%. Analysts expect 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 announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a $0.41 dividend. This is an increase from DuPont de Nemours’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.00%. DuPont de Nemours’s payout ratio is presently 91.02%.

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.