DuPont de Nemours, Inc. (NYSE:DD) Shares Purchased by Howard Capital Management Inc.

Howard Capital Management Inc. increased its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 5.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,809 shares of the basic materials company’s stock after purchasing an additional 144 shares during the period. Howard Capital Management Inc.’s holdings in DuPont de Nemours were worth $214,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of DD. Hager Investment Management Services LLC acquired a new position in shares of DuPont de Nemours during the 4th quarter worth about $26,000. Byrne Asset Management LLC acquired a new position in shares of DuPont de Nemours during the 4th quarter worth about $29,000. Golden State Wealth Management LLC acquired a new position in shares of DuPont de Nemours during the 4th quarter worth about $33,000. R Squared Ltd acquired a new position in shares of DuPont de Nemours during the 4th quarter worth about $37,000. Finally, Ashton Thomas Securities LLC acquired a new position in shares of DuPont de Nemours during the 3rd quarter worth about $38,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Stock Up 0.0 %

Shares of NYSE DD opened at $81.85 on Wednesday. The company has a 50 day simple moving average of $77.75 and a 200-day simple moving average of $81.30. The company has a market capitalization of $34.22 billion, a P/E ratio of 49.01, a P/E/G ratio of 2.15 and a beta of 1.34. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.33 and a quick ratio of 0.88. DuPont de Nemours, Inc. has a 1 year low of $68.21 and a 1 year 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 for the quarter, topping 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 predict that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a dividend of $0.41 per share. The ex-dividend date is Monday, March 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.00%. This is a boost from DuPont de Nemours’s previous quarterly dividend of $0.38. DuPont de Nemours’s dividend payout ratio (DPR) is presently 91.02%.

Analysts Set New Price Targets

A number of analysts have commented on DD shares. Wells Fargo & Company cut their price objective on shares of DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating for the company in a report on Wednesday, February 12th. UBS Group increased their price objective on shares of DuPont de Nemours from $102.00 to $103.00 and gave the company a “buy” rating in a report on Tuesday. BMO Capital Markets increased their price objective on shares of DuPont de Nemours from $105.00 to $112.00 and gave the company an “outperform” rating in a report on Thursday, February 13th. Wolfe Research upgraded shares of DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price objective for the company in a report on Friday, January 17th. Finally, Citigroup increased their price objective on shares of DuPont de Nemours from $88.00 to $95.00 and gave the company a “buy” rating in a report on Thursday, February 13th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $99.17.

DuPont de Nemours 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.