DuPont de Nemours, Inc. (NYSE:DD) Shares Acquired by Callan Capital LLC

Callan Capital LLC increased its position in DuPont de Nemours, Inc. (NYSE:DD) by 32.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,289 shares of the basic materials company’s stock after buying an additional 1,783 shares during the quarter. Callan Capital LLC’s holdings in DuPont de Nemours were worth $556,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of DD. Wolverine Asset Management LLC lifted its holdings in shares of DuPont de Nemours by 55.6% during the fourth quarter. Wolverine Asset Management LLC now owns 7,000 shares of the basic materials company’s stock valued at $534,000 after purchasing an additional 2,500 shares during the last quarter. Concurrent Investment Advisors LLC lifted its holdings in shares of DuPont de Nemours by 9.4% during the fourth quarter. Concurrent Investment Advisors LLC now owns 16,810 shares of the basic materials company’s stock valued at $1,282,000 after purchasing an additional 1,445 shares during the last quarter. Handelsbanken Fonder AB lifted its holdings in shares of DuPont de Nemours by 25.8% during the fourth quarter. Handelsbanken Fonder AB now owns 162,843 shares of the basic materials company’s stock valued at $12,417,000 after purchasing an additional 33,348 shares during the last quarter. Ieq Capital LLC lifted its holdings in shares of DuPont de Nemours by 118.3% during the fourth quarter. Ieq Capital LLC now owns 54,893 shares of the basic materials company’s stock valued at $4,186,000 after purchasing an additional 29,746 shares during the last quarter. Finally, Private Advisor Group LLC lifted its holdings in shares of DuPont de Nemours by 4.9% during the fourth quarter. Private Advisor Group LLC now owns 73,896 shares of the basic materials company’s stock valued at $5,635,000 after purchasing an additional 3,432 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

Shares of DD stock opened at $81.67 on Friday. 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 fifty-two week low of $68.21 and a fifty-two week high of $90.06. The stock’s 50-day moving average is $77.68 and its two-hundred day moving average is $81.22. The firm has a market cap of $34.14 billion, a P/E ratio of 48.90, a PEG ratio of 2.15 and a beta of 1.34.

DuPont de Nemours (NYSE:DD) last issued its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a return on equity of 7.12% and a net margin of 5.47%. Analysts predict that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be given a $0.41 dividend. This is a positive change from DuPont de Nemours’s previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a yield of 2.01%. DuPont de Nemours’s dividend payout ratio is presently 91.02%.

Wall Street Analysts Forecast Growth

DD has been the subject of several analyst reports. BMO Capital Markets upped their target price on DuPont de Nemours from $105.00 to $112.00 and gave the company an “outperform” rating in a report on Thursday, February 13th. Royal Bank of Canada reduced their target price on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a report on Monday, February 10th. Barclays raised DuPont de Nemours from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $85.00 to $89.00 in a report on Thursday, February 13th. StockNews.com raised DuPont de Nemours from a “hold” rating to a “buy” rating in a research report on Thursday. Finally, Citigroup upped their price target on DuPont de Nemours from $88.00 to $95.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, DuPont de Nemours presently has a consensus rating of “Moderate Buy” and a consensus price target of $98.75.

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.