Catalyst Financial Partners LLC Buys 177 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Catalyst Financial Partners LLC grew its stake in DuPont de Nemours, Inc. (NYSE:DD) by 6.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 3,004 shares of the basic materials company’s stock after acquiring an additional 177 shares during the period. Catalyst Financial Partners LLC’s holdings in DuPont de Nemours were worth $231,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of DD. Invesco Ltd. raised its holdings in DuPont de Nemours by 6.7% in the 3rd quarter. Invesco Ltd. now owns 10,119,827 shares of the basic materials company’s stock valued at $754,838,000 after acquiring an additional 639,246 shares in the last quarter. Northern Trust Corp grew its holdings in shares of DuPont de Nemours by 2.0% during the 3rd quarter. Northern Trust Corp now owns 5,245,939 shares of the basic materials company’s stock valued at $391,295,000 after purchasing an additional 104,141 shares during the last quarter. Empower Advisory Group LLC grew its holdings in shares of DuPont de Nemours by 1.3% during the 3rd quarter. Empower Advisory Group LLC now owns 1,266,212 shares of the basic materials company’s stock valued at $94,447,000 after purchasing an additional 16,293 shares during the last quarter. Strs Ohio grew its holdings in shares of DuPont de Nemours by 2.1% during the 4th quarter. Strs Ohio now owns 995,743 shares of the basic materials company’s stock valued at $76,602,000 after purchasing an additional 20,101 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of DuPont de Nemours by 12.7% during the 4th quarter. Russell Investments Group Ltd. now owns 900,919 shares of the basic materials company’s stock valued at $69,339,000 after purchasing an additional 101,685 shares during the last quarter. 73.96% of the stock is owned by institutional investors.

DuPont de Nemours Trading Down 1.3 %

Shares of DuPont de Nemours stock traded down $1.06 on Wednesday, reaching $78.23. 2,401,009 shares of the company’s stock were exchanged, compared to its average volume of 3,006,706. The company has a market capitalization of $32.71 billion, a P/E ratio of 96.11, a price-to-earnings-growth ratio of 2.26 and a beta of 1.39. DuPont de Nemours, Inc. has a 52 week low of $61.14 and a 52 week high of $79.63. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.61 and a current ratio of 2.33. The firm’s 50-day moving average is $74.29 and its two-hundred day moving average is $72.16.

DuPont de Nemours (NYSE:DD) last issued its earnings results on Wednesday, May 1st. The basic materials company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.14. DuPont de Nemours had a net margin of 2.75% and a return on equity of 6.07%. The business had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.81 billion. During the same period in the prior year, the firm earned $0.84 earnings per share. DuPont de Nemours’s revenue was down 2.9% on a year-over-year basis. Sell-side analysts predict that DuPont de Nemours, Inc. will post 3.61 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Friday, May 31st will be issued a $0.38 dividend. The ex-dividend date is Friday, May 31st. This represents a $1.52 annualized dividend and a yield of 1.94%. DuPont de Nemours’s payout ratio is currently 185.37%.

Insider Buying and Selling at DuPont de Nemours

In related news, insider Michael G. Goss sold 2,354 shares of the company’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $72.80, for a total value of $171,371.20. Following the sale, the insider now owns 15,587 shares in the company, valued at approximately $1,134,733.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, insider Leland Weaver sold 18,500 shares of the firm’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $78.40, for a total transaction of $1,450,400.00. Following the completion of the sale, the insider now owns 24,476 shares in the company, valued at approximately $1,918,918.40. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Michael G. Goss sold 2,354 shares of the company’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $72.80, for a total value of $171,371.20. Following the completion of the transaction, the insider now owns 15,587 shares in the company, valued at approximately $1,134,733.60. The disclosure for this sale can be found here. Insiders own 0.56% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on DD. Barclays upped their target price on DuPont de Nemours from $70.00 to $81.00 and gave the stock an “equal weight” rating in a report on Thursday, May 2nd. Royal Bank of Canada increased their price objective on DuPont de Nemours from $75.00 to $83.00 and gave the company an “outperform” rating in a report on Wednesday, February 7th. Wells Fargo & Company lifted their target price on DuPont de Nemours from $69.00 to $80.00 and gave the stock an “equal weight” rating in a report on Thursday, April 11th. JPMorgan Chase & Co. increased their price target on DuPont de Nemours from $85.00 to $88.00 and gave the company an “overweight” rating in a research note on Thursday, May 2nd. Finally, StockNews.com upgraded DuPont de Nemours from a “sell” rating to a “hold” rating in a research report on Wednesday, February 14th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $80.00.

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.