Pine Valley Investments Ltd Liability Co Has $778,000 Stock Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Pine Valley Investments Ltd Liability Co lifted its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 27.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,200 shares of the basic materials company’s stock after purchasing an additional 2,216 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in DuPont de Nemours were worth $778,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Allspring Global Investments Holdings LLC increased its holdings in DuPont de Nemours by 2.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 20,126 shares of the basic materials company’s stock valued at $1,793,000 after buying an additional 540 shares during the period. International Assets Investment Management LLC boosted its position in shares of DuPont de Nemours by 4,211.4% during the 3rd quarter. International Assets Investment Management LLC now owns 250,964 shares of the basic materials company’s stock worth $22,363,000 after acquiring an additional 245,143 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in DuPont de Nemours by 31.6% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 26,456 shares of the basic materials company’s stock valued at $2,369,000 after acquiring an additional 6,353 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in DuPont de Nemours by 7.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 99,246 shares of the basic materials company’s stock valued at $8,844,000 after purchasing an additional 6,635 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale raised its position in DuPont de Nemours by 1.5% during the third quarter. DekaBank Deutsche Girozentrale now owns 62,530 shares of the basic materials company’s stock valued at $5,577,000 after purchasing an additional 933 shares in the last quarter. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Price Performance

Shares of NYSE:DD opened at $81.46 on Thursday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.88 and a current ratio of 1.33. DuPont de Nemours, Inc. has a 52 week low of $68.21 and a 52 week high of $90.06. The firm has a market cap of $34.05 billion, a PE ratio of 48.78, a price-to-earnings-growth ratio of 2.15 and a beta of 1.34. The firm’s fifty day moving average is $77.83 and its 200-day moving average is $81.30.

DuPont de Nemours (NYSE:DD) last announced its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, topping 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%. Sell-side analysts predict that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be issued a $0.41 dividend. The ex-dividend date is Monday, March 3rd. This is a boost from DuPont de Nemours’s previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a yield of 2.01%. DuPont de Nemours’s dividend payout ratio is presently 91.02%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. UBS Group lifted their price target on DuPont de Nemours from $102.00 to $103.00 and gave the company a “buy” rating in a research note on Tuesday. Wolfe Research upgraded 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 report on Friday, January 17th. BMO Capital Markets increased their target price on shares of DuPont de Nemours from $105.00 to $112.00 and gave the stock an “outperform” rating in a report on Thursday, February 13th. JPMorgan Chase & Co. reduced their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 15th. Finally, Citigroup upped their price objective on shares of DuPont de Nemours from $88.00 to $95.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price 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.