DuPont de Nemours, Inc. (NYSE:DD) Stock Holdings Decreased by Richwood Investment Advisors LLC

Richwood Investment Advisors LLC reduced its position in DuPont de Nemours, Inc. (NYSE:DD) by 3.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 3,498 shares of the basic materials company’s stock after selling 138 shares during the quarter. Richwood Investment Advisors LLC’s holdings in DuPont de Nemours were worth $267,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Lake Street Advisors Group LLC increased its position in shares of DuPont de Nemours by 3.2% in the fourth quarter. Lake Street Advisors Group LLC now owns 4,231 shares of the basic materials company’s stock worth $323,000 after acquiring an additional 132 shares in the last quarter. Global Trust Asset Management LLC increased its position in shares of DuPont de Nemours by 1.5% in the fourth quarter. Global Trust Asset Management LLC now owns 9,227 shares of the basic materials company’s stock worth $704,000 after acquiring an additional 133 shares in the last quarter. Avior Wealth Management LLC increased its position in shares of DuPont de Nemours by 22.7% in the fourth quarter. Avior Wealth Management LLC now owns 741 shares of the basic materials company’s stock worth $57,000 after acquiring an additional 137 shares in the last quarter. Howard Capital Management Inc. increased its position in shares of DuPont de Nemours by 5.4% in the fourth quarter. Howard Capital Management Inc. now owns 2,809 shares of the basic materials company’s stock worth $214,000 after acquiring an additional 144 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich increased its position in shares of DuPont de Nemours by 7.4% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,117 shares of the basic materials company’s stock worth $178,000 after acquiring an additional 146 shares in the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

DuPont de Nemours Price Performance

NYSE DD opened at $75.25 on Friday. The company has a quick ratio of 0.88, a current ratio of 1.33 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $31.46 billion, a PE ratio of 45.06, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29. The company has a 50 day moving average price of $78.46 and a two-hundred day moving average price of $80.90. DuPont de Nemours, Inc. has a 12-month low of $72.38 and a 12-month high of $90.06.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, topping 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%. As a group, equities analysts predict that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were issued a dividend of $0.41 per share. This is an increase from DuPont de Nemours’s previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a dividend yield of 2.18%. The ex-dividend date was Monday, March 3rd. DuPont de Nemours’s dividend payout ratio is currently 98.20%.

Analyst Ratings Changes

A number of research analysts recently commented on DD shares. StockNews.com downgraded shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Citigroup boosted their price objective on shares of DuPont de Nemours from $88.00 to $95.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. Barclays raised shares of DuPont de Nemours from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $85.00 to $89.00 in a research report on Thursday, February 13th. BMO Capital Markets boosted their price objective on shares of DuPont de Nemours from $105.00 to $112.00 and gave the company an “outperform” rating in a research report on Thursday, February 13th. Finally, Royal Bank of Canada lowered their price objective on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a research report on Monday, February 10th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, DuPont de Nemours has an average 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.