TD Asset Management Inc Increases Position in DuPont de Nemours, Inc. (NYSE:DD) by 16.4% in 4th Quarter
Are you interested in the latest news surrounding DuPont de Nemours, Inc. (NYSE:DD)? Well, you’re in luck! TD Asset Management Inc recently increased its position in the company by 16.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. This institutional investor now owns 186,804 shares of DuPont de Nemours, Inc., worth $14,371,000.
But that’s not all – other hedge funds have also been making moves with their positions in the company. Northwest Financial Advisors, Cassady Schiller Wealth Management LLC, Grove Bank & Trust, AlphaMark Advisors LLC, and Arlington Trust Co LLC have all recently bought stakes in DuPont de Nemours. In fact, 73.96% of the stock is currently owned by institutional investors.
In terms of analyst ratings, DuPont de Nemours has been receiving mixed reviews. While some analysts have upgraded the stock to a “buy” rating, others have downgraded it to a “hold” or even a “sell” rating. Despite this, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $91.09.
DuPont de Nemours stock has seen a slight decrease of 1.9% recently, opening at $80.63 on Tuesday. However, the company recently reported earnings that exceeded analysts’ expectations, with a return on equity of 6.07% and a net margin of 2.75%. Additionally, DuPont de Nemours announced a quarterly dividend of $0.38 per share, with a yield of 1.89%.
In terms of insider trading, there have been recent sales of company stock by insiders, including Leland Weaver and Michael G. Goss. These transactions have been disclosed with the SEC, providing transparency to investors.
Overall, DuPont de Nemours, Inc. provides technology-based materials and solutions globally, with a focus on the Electronics & Industrial segment. While the stock may have its ups and downs, it remains a key player in the industry.
If you’re interested in staying up-to-date on the latest news and analysis of DuPont de Nemours, be sure to check out MarketBeat for more information. And don’t forget to sign up for alerts to receive instant updates on the company’s performance.