Boston Trust Walden Corp Buys New Position in DuPont de Nemours, Inc. (NYSE:DD)

Boston Trust Walden Corp bought a new stake in shares of DuPont de Nemours, Inc. (NYSE:DD) in the 3rd quarter, Holdings Channel.com reports. The firm bought 2,370 shares of the basic materials company’s stock, valued at approximately $211,000.

Other large investors have also bought and sold shares of the company. Palisade Asset Management LLC bought a new position in DuPont de Nemours during the first quarter valued at about $25,000. ESL Trust Services LLC acquired a new position in shares of DuPont de Nemours in the 1st quarter valued at $26,000. Denver PWM LLC acquired a new position in shares of DuPont de Nemours in the 2nd quarter valued at $28,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of DuPont de Nemours in the 2nd quarter valued at $27,000. Finally, Fortitude Family Office LLC boosted its position in shares of DuPont de Nemours by 46.6% in the 2nd quarter. Fortitude Family Office LLC now owns 412 shares of the basic materials company’s stock valued at $33,000 after purchasing an additional 131 shares during the period. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Down 1.1 %

DD opened at $83.30 on Monday. DuPont de Nemours, Inc. has a fifty-two week low of $61.14 and a fifty-two week high of $90.06. The business has a 50-day moving average of $83.85 and a 200-day moving average of $80.62. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.21 and a quick ratio of 1.44. The company has a market capitalization of $34.83 billion, a PE ratio of 101.59, a price-to-earnings-growth ratio of 2.26 and a beta of 1.34.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings results on Wednesday, July 31st. The basic materials company reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.12. DuPont de Nemours had a return on equity of 6.31% and a net margin of 5.30%. The company had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.05 billion. During the same period last year, the business earned $0.85 EPS. The business’s quarterly revenue was up 2.5% on a year-over-year basis. Equities research analysts forecast that DuPont de Nemours, Inc. will post 3.76 EPS for the current fiscal year.

DuPont de Nemours Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date of this dividend is Friday, November 29th. DuPont de Nemours’s payout ratio is 185.37%.

Analyst Upgrades and Downgrades

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