Savant Capital LLC Acquires 1,615 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Savant Capital LLC grew its stake in DuPont de Nemours, Inc. (NYSE:DD) by 11.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,568 shares of the basic materials company’s stock after purchasing an additional 1,615 shares during the quarter. Savant Capital LLC’s holdings in DuPont de Nemours were worth $1,198,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of DD. Invesco Ltd. lifted its position in shares of DuPont de Nemours by 6.7% during the 3rd quarter. Invesco Ltd. now owns 10,119,827 shares of the basic materials company’s stock valued at $754,838,000 after acquiring an additional 639,246 shares during the period. Northern Trust Corp grew its stake in shares of DuPont de Nemours by 2.0% during the third quarter. Northern Trust Corp now owns 5,245,939 shares of the basic materials company’s stock worth $391,295,000 after buying an additional 104,141 shares during the last quarter. Empower Advisory Group LLC boosted its holdings in shares of DuPont de Nemours by 1.3% during the 3rd quarter. Empower Advisory Group LLC now owns 1,266,212 shares of the basic materials company’s stock valued at $94,447,000 after acquiring an additional 16,293 shares in the last quarter. Strs Ohio grew its position in DuPont de Nemours by 2.1% during the 4th quarter. Strs Ohio now owns 995,743 shares of the basic materials company’s stock worth $76,602,000 after acquiring an additional 20,101 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its holdings in DuPont de Nemours by 12.7% in the 4th quarter. Russell Investments Group Ltd. now owns 900,919 shares of the basic materials company’s stock worth $69,339,000 after purchasing an additional 101,685 shares in the last quarter. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Price Performance

Shares of NYSE DD opened at $77.71 on Friday. The stock has a fifty day moving average of $73.77 and a 200-day moving average of $72.11. The stock has a market cap of $32.49 billion, a PE ratio of 94.77, a price-to-earnings-growth ratio of 2.48 and a beta of 1.39. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.73 and a current ratio of 2.33. DuPont de Nemours, Inc. has a fifty-two week low of $61.14 and a fifty-two week high of $79.19.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings data on Wednesday, May 1st. The basic materials company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.14. DuPont de Nemours had a return on equity of 6.07% and a net margin of 2.75%. The firm had revenue of $2.93 billion during the quarter, compared to analyst estimates of $2.81 billion. During the same quarter in the prior year, the firm posted $0.84 earnings per share. The business’s quarterly revenue was down 2.9% compared to the same quarter last year. Equities research analysts anticipate that DuPont de Nemours, Inc. will post 3.59 earnings per share for the current year.

DuPont de Nemours Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Friday, May 31st will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date is Thursday, May 30th. DuPont de Nemours’s payout ratio is 185.37%.

Analysts Set New Price Targets

Several research firms have recently weighed in on DD. TheStreet cut DuPont de Nemours from a “b-” rating to a “c” rating in a report on Tuesday, February 6th. Bank of America cut DuPont de Nemours from a “buy” rating to an “underperform” rating and increased their price target for the stock from $78.00 to $80.00 in a report on Tuesday, January 16th. Royal Bank of Canada lifted their price target on shares of DuPont de Nemours from $75.00 to $83.00 and gave the company an “outperform” rating in a research report on Wednesday, February 7th. Wells Fargo & Company boosted their price objective on DuPont de Nemours from $69.00 to $80.00 and gave the stock an “equal weight” rating in a report on Thursday, April 11th. Finally, Mizuho upped their price target on DuPont de Nemours from $76.00 to $83.00 and gave the stock a “buy” rating in a report on Thursday. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $80.00.

Insider Transactions at DuPont de Nemours

In related news, insider Michael G. Goss sold 2,354 shares of the company’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $72.80, for a total transaction of $171,371.20. Following the completion of the transaction, the insider now owns 15,587 shares in the company, valued at $1,134,733.60. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.56% of the company’s stock.

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.