DuPont de Nemours, Inc. (NYSE:DD) Shares Purchased by National Pension Service

National Pension Service grew its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 14.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 606,672 shares of the basic materials company’s stock after acquiring an additional 77,759 shares during the quarter. National Pension Service’s holdings in DuPont de Nemours were worth $54,061,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. ESL Trust Services LLC acquired a new stake in DuPont de Nemours in the 1st quarter valued at approximately $26,000. Denver PWM LLC acquired a new stake in DuPont de Nemours in the second quarter worth approximately $28,000. Strategic Investment Solutions Inc. IL acquired a new stake in DuPont de Nemours in the second quarter worth approximately $27,000. Fortitude Family Office LLC increased its position in shares of DuPont de Nemours by 46.6% during the 2nd quarter. Fortitude Family Office LLC now owns 412 shares of the basic materials company’s stock valued at $33,000 after purchasing an additional 131 shares during the period. Finally, Quarry LP bought a new stake in shares of DuPont de Nemours in the 2nd quarter worth $37,000. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Trading Up 4.7 %

NYSE:DD opened at $85.67 on Wednesday. The company has a market capitalization of $35.78 billion, a P/E ratio of 56.36, a P/E/G ratio of 2.18 and a beta of 1.35. The stock’s 50 day moving average price is $84.15 and its 200 day moving average price is $81.01. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.44 and a current ratio of 2.21. DuPont de Nemours, Inc. has a 52 week low of $61.14 and a 52 week high of $90.06.

DuPont de Nemours Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be issued a dividend of $0.38 per share. The ex-dividend date is Friday, November 29th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.77%. DuPont de Nemours’s dividend payout ratio is currently 100.00%.

Wall Street Analyst Weigh In

A number of analysts recently commented on DD shares. Morgan Stanley boosted their target price on shares of DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a report on Monday, October 21st. Citigroup reduced their target price on DuPont de Nemours from $95.00 to $94.00 and set a “buy” rating for the company in a report on Friday, July 12th. Deutsche Bank Aktiengesellschaft lifted their price target on DuPont de Nemours from $92.00 to $98.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st. Barclays downgraded shares of DuPont de Nemours from an “equal weight” rating to an “underweight” rating and dropped their target price for the stock from $88.00 to $84.00 in a research report on Monday, October 7th. Finally, Royal Bank of Canada upped their price target on shares of DuPont de Nemours from $87.00 to $102.00 and gave the company an “outperform” rating in a research report on Monday, August 5th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, DuPont de Nemours has an average rating of “Moderate Buy” and a consensus price target of $94.83.

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.