National Bank of Canada FI Has $29.60 Million Stock Holdings in DuPont de Nemours, Inc. (NYSE:DD)

National Bank of Canada FI lowered its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 21.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 388,211 shares of the basic materials company’s stock after selling 103,525 shares during the quarter. National Bank of Canada FI’s holdings in DuPont de Nemours were worth $29,603,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of DD. Choreo LLC grew its holdings in shares of DuPont de Nemours by 23.4% in the 4th quarter. Choreo LLC now owns 43,307 shares of the basic materials company’s stock valued at $3,296,000 after buying an additional 8,205 shares during the period. Merit Financial Group LLC grew its stake in DuPont de Nemours by 36.4% in the fourth quarter. Merit Financial Group LLC now owns 18,496 shares of the basic materials company’s stock valued at $1,410,000 after acquiring an additional 4,939 shares during the period. Grandfield & Dodd LLC increased its holdings in shares of DuPont de Nemours by 72.0% in the fourth quarter. Grandfield & Dodd LLC now owns 7,538 shares of the basic materials company’s stock worth $575,000 after acquiring an additional 3,155 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of DuPont de Nemours by 3.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,868,586 shares of the basic materials company’s stock worth $218,730,000 after purchasing an additional 91,108 shares during the period. Finally, Principal Financial Group Inc. lifted its holdings in shares of DuPont de Nemours by 4.6% during the 3rd quarter. Principal Financial Group Inc. now owns 490,704 shares of the basic materials company’s stock valued at $43,727,000 after purchasing an additional 21,435 shares in the last quarter. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Trading Up 0.5 %

NYSE DD opened at $75.27 on Thursday. DuPont de Nemours, Inc. has a 12 month low of $72.38 and a 12 month high of $90.06. 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 50 day moving average of $78.28 and a 200-day moving average of $80.63. The company has a market cap of $31.47 billion, a PE ratio of 45.07, a PEG ratio of 2.15 and a beta of 1.29.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, beating analysts’ consensus estimates 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, equities research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.18%. This is a boost from DuPont de Nemours’s previous quarterly dividend of $0.38. The ex-dividend date was Monday, March 3rd. DuPont de Nemours’s dividend payout ratio (DPR) is presently 98.20%.

Wall Street Analyst Weigh In

DD has been the subject of a number of research reports. Barclays raised DuPont de Nemours from an “underweight” rating to an “equal weight” rating and increased their target price for the stock from $85.00 to $89.00 in a research note on Thursday, February 13th. StockNews.com lowered shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Citigroup upped their target price 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. BMO Capital Markets increased their target price on DuPont de Nemours from $105.00 to $112.00 and gave the stock an “outperform” rating in a report on Thursday, February 13th. Finally, Royal Bank of Canada reduced their price objective on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research report on Monday, February 10th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target 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.