Vontobel Holding Ltd. Has $537,000 Stock Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Vontobel Holding Ltd. lowered its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 2.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,029 shares of the basic materials company’s stock after selling 167 shares during the quarter. Vontobel Holding Ltd.’s holdings in DuPont de Nemours were worth $537,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in DD. Legal & General Group Plc grew its stake in shares of DuPont de Nemours by 0.7% during the second quarter. Legal & General Group Plc now owns 3,863,144 shares of the basic materials company’s stock valued at $310,945,000 after purchasing an additional 25,857 shares during the last quarter. Mondrian Investment Partners LTD raised its position in shares of DuPont de Nemours by 9.5% during the first quarter. Mondrian Investment Partners LTD now owns 1,799,860 shares of the basic materials company’s stock worth $137,995,000 after acquiring an additional 156,339 shares during the last quarter. Canada Pension Plan Investment Board boosted its holdings in DuPont de Nemours by 34.0% in the first quarter. Canada Pension Plan Investment Board now owns 1,542,045 shares of the basic materials company’s stock valued at $118,229,000 after acquiring an additional 391,400 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its position in DuPont de Nemours by 403.2% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,421,685 shares of the basic materials company’s stock valued at $109,001,000 after purchasing an additional 1,139,156 shares during the period. Finally, Ceredex Value Advisors LLC boosted its stake in shares of DuPont de Nemours by 95.0% in the 2nd quarter. Ceredex Value Advisors LLC now owns 1,165,164 shares of the basic materials company’s stock valued at $93,784,000 after purchasing an additional 567,732 shares during the last quarter. 73.96% of the stock is owned by institutional investors.

DuPont de Nemours Price Performance

Shares of NYSE DD opened at $84.87 on Tuesday. The company has a fifty day moving average price of $83.48 and a 200 day moving average price of $80.40. The firm has a market cap of $35.48 billion, a PE ratio of 103.50, a PEG ratio of 2.26 and a beta of 1.34. The company has a current ratio of 2.21, a quick ratio of 1.44 and a debt-to-equity ratio of 0.30. DuPont de Nemours, Inc. has a 1-year low of $61.14 and a 1-year high of $90.06.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings data on Wednesday, July 31st. The basic materials company reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.12. The business had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.05 billion. DuPont de Nemours had a return on equity of 6.31% and a net margin of 5.30%. DuPont de Nemours’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period last year, the company earned $0.85 earnings per share. Research analysts predict that DuPont de Nemours, Inc. will post 3.76 earnings per share for the current fiscal year.

DuPont de Nemours Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.79%. The ex-dividend date is Friday, November 29th. DuPont de Nemours’s payout ratio is 185.37%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on DD. Deutsche Bank Aktiengesellschaft increased their price objective on shares of DuPont de Nemours from $92.00 to $98.00 and gave the company a “buy” rating in a report on Thursday, August 1st. Morgan Stanley increased their price target on DuPont de Nemours from $88.00 to $94.00 and gave the company an “equal weight” rating in a research note on Monday. Barclays cut DuPont de Nemours from an “equal weight” rating to an “underweight” rating and decreased their price objective for the stock from $88.00 to $84.00 in a research note on Monday, October 7th. Royal Bank of Canada raised their target price on DuPont de Nemours from $87.00 to $102.00 and gave the stock an “outperform” rating in a report on Monday, August 5th. Finally, Citigroup lowered their price target on DuPont de Nemours from $95.00 to $94.00 and set a “buy” rating for the company in a research note on Friday, July 12th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the stock. According to MarketBeat, DuPont de Nemours presently has a consensus rating of “Moderate Buy” and a consensus target price of $94.83.

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.