Runnymede Capital Advisors Inc. Purchases Shares of 882 DuPont de Nemours, Inc. (NYSE:DD)

Runnymede Capital Advisors Inc. bought a new position in DuPont de Nemours, Inc. (NYSE:DD) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 882 shares of the basic materials company’s stock, valued at approximately $67,000.

Other institutional investors also recently modified their holdings of the company. Hager Investment Management Services LLC bought a new stake in shares of DuPont de Nemours during the fourth quarter worth approximately $26,000. Byrne Asset Management LLC bought a new stake in shares of DuPont de Nemours during the fourth quarter worth approximately $29,000. Vision Financial Markets LLC bought a new stake in shares of DuPont de Nemours during the fourth quarter worth approximately $31,000. Golden State Wealth Management LLC bought a new stake in shares of DuPont de Nemours during the fourth quarter worth approximately $33,000. Finally, Noble Wealth Management PBC bought a new stake in shares of DuPont de Nemours during the fourth quarter worth approximately $35,000. 73.96% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. BMO Capital Markets boosted their price target on shares of DuPont de Nemours from $105.00 to $112.00 and gave the stock an “outperform” rating in a research note on Thursday, February 13th. UBS Group boosted their price target on shares of DuPont de Nemours from $102.00 to $103.00 and gave the stock a “buy” rating in a research note on Tuesday, February 25th. StockNews.com downgraded shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Wells Fargo & Company lowered their target price on shares of DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating for the company in a research note on Wednesday, February 12th. Finally, JPMorgan Chase & Co. lowered their target price on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research note on Wednesday, January 15th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, DuPont de Nemours currently has an average rating of “Moderate Buy” and an average target price of $99.17.

DuPont de Nemours Stock Down 2.2 %

DuPont de Nemours stock opened at $75.25 on Friday. The stock has a market capitalization of $31.46 billion, a PE ratio of 45.06, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29. DuPont de Nemours, Inc. has a twelve month low of $72.38 and a twelve month high of $90.06. 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 company has a 50 day moving average of $78.46 and a 200-day moving average of $80.90.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. On average, equities research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were issued a dividend of $0.41 per share. This is a boost from DuPont de Nemours’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.64 annualized dividend and a yield of 2.18%. DuPont de Nemours’s dividend payout ratio is presently 98.20%.

About DuPont de Nemours

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.