Nicolet Advisory Services LLC Purchases 208 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Nicolet Advisory Services LLC boosted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 5.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,980 shares of the basic materials company’s stock after buying an additional 208 shares during the period. Nicolet Advisory Services LLC’s holdings in DuPont de Nemours were worth $289,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Level Four Advisory Services LLC raised its holdings in shares of DuPont de Nemours by 2.8% in the 4th quarter. Level Four Advisory Services LLC now owns 4,679 shares of the basic materials company’s stock valued at $357,000 after acquiring an additional 129 shares in the last quarter. Lake Street Advisors Group LLC increased its position in shares of DuPont de Nemours by 3.2% in the fourth quarter. Lake Street Advisors Group LLC now owns 4,231 shares of the basic materials company’s stock worth $323,000 after purchasing an additional 132 shares during the last quarter. Global Trust Asset Management LLC lifted its position in DuPont de Nemours by 1.5% during the fourth quarter. Global Trust Asset Management LLC now owns 9,227 shares of the basic materials company’s stock valued at $704,000 after purchasing an additional 133 shares during the last quarter. Avior Wealth Management LLC lifted its position in DuPont de Nemours by 22.7% during the fourth quarter. Avior Wealth Management LLC now owns 741 shares of the basic materials company’s stock valued at $57,000 after purchasing an additional 137 shares during the last quarter. Finally, Howard Capital Management Inc. grew its stake in DuPont de Nemours by 5.4% in the 4th quarter. Howard Capital Management Inc. now owns 2,809 shares of the basic materials company’s stock worth $214,000 after buying an additional 144 shares in the last quarter. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on DD shares. BMO Capital Markets lifted their price objective on shares of DuPont de Nemours from $105.00 to $112.00 and gave the stock an “outperform” rating in a report on Thursday, February 13th. Royal Bank of Canada cut their price objective 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. Wells Fargo & Company decreased their price objective on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating on the stock in a report on Wednesday, February 12th. StockNews.com lowered DuPont de Nemours from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Finally, UBS Group lifted their price target on shares of DuPont de Nemours from $102.00 to $103.00 and gave the stock a “buy” rating in a research note on Tuesday, February 25th. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $99.17.

DuPont de Nemours Price Performance

DD stock opened at $58.96 on Friday. The stock has a market capitalization of $24.65 billion, a price-to-earnings ratio of 35.30, a PEG ratio of 2.15 and a beta of 1.25. The firm’s 50-day moving average price is $77.71 and its two-hundred day moving average price is $80.38. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.22. DuPont de Nemours, Inc. has a 12-month low of $56.18 and a 12-month high of $90.06.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (EPS) 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, equities 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 was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were issued a $0.41 dividend. The ex-dividend date of this dividend was Monday, March 3rd. 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 2.78%. DuPont de Nemours’s dividend payout ratio (DPR) is 98.20%.

DuPont de Nemours Company 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.