Gotham Asset Management LLC Purchases 46,535 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Gotham Asset Management LLC lifted its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 42.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 155,230 shares of the basic materials company’s stock after purchasing an additional 46,535 shares during the period. Gotham Asset Management LLC’s holdings in DuPont de Nemours were worth $11,836,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Level Four Advisory Services LLC lifted its position in DuPont de Nemours by 2.8% during the 4th quarter. Level Four Advisory Services LLC now owns 4,679 shares of the basic materials company’s stock worth $357,000 after buying an additional 129 shares in the last quarter. Lake Street Advisors Group LLC raised its holdings in DuPont de Nemours by 3.2% during 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 raised its holdings in DuPont de Nemours by 1.5% during 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 raised its holdings in DuPont de Nemours by 22.7% during 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. Finally, Hancock Whitney Corp raised its holdings in DuPont de Nemours by 2.6% during the fourth quarter. Hancock Whitney Corp now owns 5,625 shares of the basic materials company’s stock worth $429,000 after acquiring an additional 143 shares in the last quarter. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Up 0.8%

Shares of DD opened at $66.77 on Monday. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $27.94 billion, a PE ratio of 39.98, a P/E/G ratio of 2.15 and a beta of 1.07. The firm’s 50 day moving average is $68.36 and its 200-day moving average is $75.93. DuPont de Nemours, Inc. has a 12 month low of $53.77 and a 12 month high of $90.06.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings data on Friday, May 2nd. The basic materials company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.08. The firm had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.05 billion. DuPont de Nemours had a return on equity of 7.12% and a net margin of 5.47%. The company’s revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the company earned $0.79 EPS. Equities research analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Friday, May 30th will be given a dividend of $0.41 per share. The ex-dividend date is Friday, May 30th. This represents a $1.64 annualized dividend and a yield of 2.46%. DuPont de Nemours’s dividend payout ratio is -863.16%.

Analyst Ratings Changes

DD has been the topic of a number of analyst reports. Barclays dropped their price objective on DuPont de Nemours from $89.00 to $73.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 29th. Wells Fargo & Company dropped their price target on shares of DuPont de Nemours from $105.00 to $81.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 9th. KeyCorp boosted their price objective on shares of DuPont de Nemours from $81.00 to $85.00 and gave the stock an “overweight” rating in a research note on Monday, May 5th. Mizuho reduced their price target on DuPont de Nemours from $100.00 to $80.00 and set an “outperform” rating for the company in a report on Tuesday, April 15th. Finally, StockNews.com cut DuPont de Nemours from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $85.07.

About DuPont de Nemours

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.