Kohmann Bosshard Financial Services LLC Invests $62,000 in DuPont de Nemours, Inc. (NYSE:DD)

Kohmann Bosshard Financial Services LLC purchased a new position in DuPont de Nemours, Inc. (NYSE:DD) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 814 shares of the basic materials company’s stock, valued at approximately $62,000.

Several other large investors have also recently made changes to their positions in DD. Hager Investment Management Services LLC bought a new position in shares of DuPont de Nemours in the 4th quarter worth $26,000. Byrne Asset Management LLC bought a new position in shares of DuPont de Nemours in the 4th quarter worth $29,000. Golden State Wealth Management LLC bought a new position in shares of DuPont de Nemours in the 4th quarter worth $33,000. Noble Wealth Management PBC bought a new position in shares of DuPont de Nemours in the 4th quarter worth $35,000. Finally, R Squared Ltd bought a new position in shares of DuPont de Nemours in the 4th quarter worth $37,000. 73.96% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on DD shares. UBS Group boosted their target price on DuPont de Nemours from $102.00 to $103.00 and gave the stock a “buy” rating in a research note on Tuesday, February 25th. Wells Fargo & Company dropped their target price on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 12th. Wolfe Research upgraded DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 target price on the stock in a research note on Friday, January 17th. Royal Bank of Canada dropped their target price on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a research note on Monday, February 10th. Finally, Barclays upgraded DuPont de Nemours from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $85.00 to $89.00 in a research note on Thursday, February 13th. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $99.17.

DuPont de Nemours Stock Down 3.8 %

DuPont de Nemours stock opened at $78.69 on Tuesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.88 and a current ratio of 1.33. The business’s 50-day simple moving average is $78.04 and its two-hundred day simple moving average is $81.35. The company has a market cap of $32.90 billion, a PE ratio of 47.12, a PEG ratio of 2.15 and a beta of 1.34. DuPont de Nemours, Inc. has a fifty-two week low of $68.81 and a fifty-two week high of $90.06.

DuPont de Nemours (NYSE:DD) last issued its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, topping 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%. Equities analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be issued a $0.41 dividend. This is a boost from DuPont de Nemours’s previous quarterly dividend of $0.38. The ex-dividend date is Monday, March 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.08%. DuPont de Nemours’s dividend payout ratio is presently 98.20%.

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.