DuPont de Nemours, Inc. (NYSE:DD) Holdings Boosted by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. grew its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 9.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,229 shares of the basic materials company’s stock after purchasing an additional 292 shares during the quarter. Koshinski Asset Management Inc.’s holdings in DuPont de Nemours were worth $241,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Level Four Advisory Services LLC grew its position in 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 worth $357,000 after purchasing an additional 129 shares during the last quarter. Hancock Whitney Corp grew its holdings in DuPont de Nemours by 2.6% in the 4th quarter. Hancock Whitney Corp now owns 5,625 shares of the basic materials company’s stock worth $429,000 after buying an additional 143 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich grew its holdings in DuPont de Nemours by 7.4% in the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,117 shares of the basic materials company’s stock worth $178,000 after buying an additional 146 shares in the last quarter. Freedom Investment Management Inc. increased its position in DuPont de Nemours by 3.4% in the 4th quarter. Freedom Investment Management Inc. now owns 4,920 shares of the basic materials company’s stock valued at $375,000 after acquiring an additional 164 shares during the period. Finally, Legacy Financial Advisors Inc. raised its stake in DuPont de Nemours by 5.2% during the 4th quarter. Legacy Financial Advisors Inc. now owns 3,348 shares of the basic materials company’s stock valued at $255,000 after acquiring an additional 166 shares in the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Stock Performance

DD opened at $73.80 on Friday. The business has a fifty day simple moving average of $67.96 and a 200-day simple moving average of $72.14. The firm has a market cap of $30.89 billion, a PE ratio of -388.42, a P/E/G ratio of 2.07 and a beta of 1.04. The company has a quick ratio of 0.91, a current ratio of 1.40 and a debt-to-equity ratio of 0.23. DuPont de Nemours, Inc. has a fifty-two week low of $53.77 and a fifty-two week high of $90.06.

DuPont de Nemours (NYSE:DD) last released its earnings results on Friday, May 2nd. The basic materials company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.08. The company had revenue of $3.07 billion during the quarter, compared to analyst estimates of $3.05 billion. DuPont de Nemours had a positive return on equity of 7.58% and a negative net margin of 0.60%. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.79 earnings per share. As a group, equities analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be given a dividend of $0.41 per share. The ex-dividend date is Friday, August 29th. This represents a $1.64 dividend on an annualized basis and a yield of 2.22%. DuPont de Nemours’s payout ratio is -863.16%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on DD shares. UBS Group raised their price target on DuPont de Nemours from $79.00 to $85.00 and gave the company a “buy” rating in a report on Wednesday, May 21st. Barclays dropped their price target on shares of DuPont de Nemours from $89.00 to $73.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 29th. JPMorgan Chase & Co. raised their price objective on shares of DuPont de Nemours from $78.00 to $93.00 and gave the company an “overweight” rating in a research note on Friday, May 16th. KeyCorp boosted their target price on DuPont de Nemours from $81.00 to $85.00 and gave the stock an “overweight” rating in a report on Monday, May 5th. Finally, Mizuho decreased their price target on DuPont de Nemours from $100.00 to $80.00 and set an “outperform” rating for the company in a research note on Tuesday, April 15th. Four analysts have rated the stock with a hold rating and ten have issued 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 target price of $86.77.

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.