Mn Services Vermogensbeheer B.V. Acquires 2,800 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Mn Services Vermogensbeheer B.V. grew its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 3.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 75,100 shares of the basic materials company’s stock after acquiring an additional 2,800 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in DuPont de Nemours were worth $5,726,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Hager Investment Management Services LLC bought a new position in shares of DuPont de Nemours during the fourth quarter valued at $26,000. Byrne Asset Management LLC acquired a new stake in shares of DuPont de Nemours during the fourth quarter worth $29,000. Golden State Wealth Management LLC acquired a new stake in shares of DuPont de Nemours during the fourth quarter worth $33,000. R Squared Ltd acquired a new stake in shares of DuPont de Nemours during the fourth quarter worth $37,000. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of DuPont de Nemours during the third quarter worth $38,000. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Up 1.0 %

Shares of NYSE:DD opened at $81.75 on Friday. The business’s 50 day simple moving average is $78.00 and its two-hundred day simple moving average is $81.34. The firm has a market cap of $34.18 billion, a P/E ratio of 48.95, a PEG ratio of 2.15 and a beta of 1.34. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.88 and a current ratio of 1.33. DuPont de Nemours, Inc. has a 52-week low of $68.21 and a 52-week high of $90.06.

DuPont de Nemours (NYSE:DD) last posted its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.15. DuPont de Nemours had a return on equity of 7.12% and a net margin of 5.47%. As a group, research analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date is Monday, March 3rd. This is a positive change from DuPont de Nemours’s previous quarterly dividend of $0.38. DuPont de Nemours’s dividend payout ratio (DPR) is currently 98.20%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on DD shares. 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 research report on Friday, January 17th. StockNews.com cut shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a research report on Friday. Royal Bank of Canada decreased their price objective on shares of 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. Barclays raised shares of DuPont de Nemours from an “underweight” rating to an “equal weight” rating and lifted their price target for the company from $85.00 to $89.00 in a research note on Thursday, February 13th. Finally, Wells Fargo & Company cut their price objective on shares of DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 12th. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, DuPont de Nemours presently has a consensus rating of “Moderate Buy” and a consensus target price of $99.17.

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.