Financial Counselors Inc. Has $1.26 Million Stake in DuPont de Nemours, Inc. (NYSE:DD)

Financial Counselors Inc. lifted its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 1.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,503 shares of the basic materials company’s stock after acquiring an additional 185 shares during the quarter. Financial Counselors Inc.’s holdings in DuPont de Nemours were worth $1,258,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Hager Investment Management Services LLC bought a new stake in shares of DuPont de Nemours during the fourth quarter worth $26,000. Byrne Asset Management LLC bought a new stake in DuPont de Nemours during the 4th quarter worth about $29,000. Vision Financial Markets LLC acquired a new stake in DuPont de Nemours in the 4th quarter valued at about $31,000. Golden State Wealth Management LLC bought a new position in shares of DuPont de Nemours in the fourth quarter worth about $33,000. Finally, FSA Wealth Management LLC acquired a new position in shares of DuPont de Nemours during the third quarter worth approximately $39,000. 73.96% of the stock is currently owned by institutional investors.

DuPont de Nemours Stock Down 0.6 %

DuPont de Nemours stock opened at $76.00 on Friday. The firm has a market capitalization of $31.77 billion, a price-to-earnings ratio of 45.51, a PEG ratio of 2.15 and a beta of 1.29. 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.

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 for the quarter, topping analysts’ consensus estimates of $0.98 by $0.15. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. As a group, sell-side 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 was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were issued a $0.41 dividend. This is an increase from DuPont de Nemours’s previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a dividend yield of 2.16%. The ex-dividend date was Monday, March 3rd. DuPont de Nemours’s dividend payout ratio is 98.20%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Wells Fargo & Company lowered their price target on shares of DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating for the company in a report on Wednesday, February 12th. StockNews.com downgraded DuPont de Nemours from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. UBS Group raised their price target on DuPont de Nemours from $102.00 to $103.00 and gave the company a “buy” rating in a report on Tuesday, February 25th. Royal Bank of Canada dropped 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. Finally, Wolfe Research raised shares of 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. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $99.17.

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.