Ausdal Financial Partners Inc. Has $433,000 Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Ausdal Financial Partners Inc. boosted its stake in DuPont de Nemours, Inc. (NYSE:DD) by 140.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,678 shares of the basic materials company’s stock after buying an additional 3,321 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in DuPont de Nemours were worth $433,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of DD. Hager Investment Management Services LLC acquired a new stake in shares of DuPont de Nemours in the 4th quarter valued at $26,000. Byrne Asset Management LLC acquired a new position in DuPont de Nemours in the fourth quarter valued at about $29,000. Vision Financial Markets LLC bought a new stake in DuPont de Nemours during the fourth quarter worth about $31,000. Golden State Wealth Management LLC acquired a new stake in shares of DuPont de Nemours during the fourth quarter worth approximately $33,000. Finally, Noble Wealth Management PBC bought a new position in shares of DuPont de Nemours in the fourth quarter valued at approximately $35,000. 73.96% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Wells Fargo & Company dropped their price target on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating for the company in a report 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 for the company in a research note on Friday, January 17th. BMO Capital Markets upped their price target on shares of DuPont de Nemours from $105.00 to $112.00 and gave the stock an “outperform” rating in a research report on Thursday, February 13th. UBS Group raised their price objective on shares of DuPont de Nemours from $102.00 to $103.00 and gave the company a “buy” rating in a research report on Tuesday, February 25th. Finally, Barclays upgraded shares of DuPont de Nemours from an “underweight” rating to an “equal weight” rating and upped their target price for the stock from $85.00 to $89.00 in a research report on Thursday, February 13th. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $99.17.

DuPont de Nemours Trading Down 0.6 %

Shares of NYSE DD opened at $76.00 on Friday. The company’s 50 day simple moving average is $78.52 and its 200 day simple moving average is $80.78. 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 $72.38 and a fifty-two week high of $90.06. The firm has a market capitalization of $31.77 billion, a P/E ratio of 45.51, a P/E/G ratio of 2.15 and a beta of 1.29.

DuPont de Nemours (NYSE:DD) last posted its quarterly 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%. On average, analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.41 per share. The ex-dividend date was Monday, March 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.16%. This is a boost from DuPont de Nemours’s previous quarterly dividend of $0.38. DuPont de Nemours’s dividend payout ratio (DPR) is 98.20%.

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.