Nebula Research & Development LLC Makes New $245,000 Investment in DuPont de Nemours, Inc. (NYSE:DD)

Nebula Research & Development LLC acquired a new stake in DuPont de Nemours, Inc. (NYSE:DD) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 3,208 shares of the basic materials company’s stock, valued at approximately $245,000.

Other institutional investors have also modified their holdings of the company. Hager Investment Management Services LLC purchased a new position in DuPont de Nemours in the fourth quarter valued at approximately $26,000. Aster Capital Management DIFC Ltd grew its position in shares of DuPont de Nemours by 479.4% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 365 shares of the basic materials company’s stock valued at $28,000 after buying an additional 302 shares during the last quarter. Byrne Asset Management LLC purchased a new position in shares of DuPont de Nemours in the 4th quarter valued at $29,000. Vision Financial Markets LLC acquired a new stake in DuPont de Nemours during the 4th quarter worth $31,000. Finally, Golden State Wealth Management LLC purchased a new stake in DuPont de Nemours in the fourth quarter valued at $33,000. 73.96% of the stock is owned by hedge funds and other institutional investors.

DuPont de Nemours Trading Down 0.0 %

Shares of DuPont de Nemours stock opened at $65.98 on Friday. The company has a quick ratio of 0.88, a current ratio of 1.33 and a debt-to-equity ratio of 0.22. The firm has a market cap of $27.61 billion, a price-to-earnings ratio of 39.51, a price-to-earnings-growth ratio of 2.15 and a beta of 1.25. DuPont de Nemours, Inc. has a 52-week low of $53.77 and a 52-week high of $90.06. The company’s 50-day simple moving average is $70.10 and its 200-day simple moving average is $76.83.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings results on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, beating 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%. As a group, equities research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Friday, May 30th will be paid a dividend of $0.41 per share. The ex-dividend date is Friday, May 30th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.49%. DuPont de Nemours’s dividend payout ratio (DPR) is presently 98.20%.

Wall Street Analyst Weigh In

DD has been the topic of a number of research analyst reports. StockNews.com cut DuPont de Nemours from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Royal Bank of Canada cut their price target on DuPont de Nemours from $101.00 to $90.00 and set an “outperform” rating on the stock in a research report on Thursday, April 24th. Wolfe Research raised DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price objective for the company in a report on Friday, January 17th. Citigroup cut their target price on shares of DuPont de Nemours from $95.00 to $74.00 and set a “buy” rating on the stock in a report on Tuesday, April 8th. Finally, UBS Group decreased their price target on shares of DuPont de Nemours from $103.00 to $75.00 and set a “buy” rating for the company in a research note on Tuesday, April 15th. Four research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat.com, DuPont de Nemours currently has an average rating of “Moderate Buy” and a consensus price target of $85.79.

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.