DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by US Bancorp DE

US Bancorp DE trimmed its position in shares of DuPont de Nemours, Inc. (NYSE:DDFree Report) by 2.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 285,521 shares of the basic materials company’s stock after selling 8,310 shares during the period. US Bancorp DE owned approximately 0.07% of DuPont de Nemours worth $21,965,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Northwest Financial Advisors purchased a new stake in DuPont de Nemours during the 4th quarter worth $25,000. AlphaMark Advisors LLC purchased a new stake in DuPont de Nemours during the 4th quarter worth $41,000. Grove Bank & Trust boosted its position in DuPont de Nemours by 55.1% during the 4th quarter. Grove Bank & Trust now owns 529 shares of the basic materials company’s stock worth $41,000 after purchasing an additional 188 shares during the period. Arlington Trust Co LLC purchased a new stake in DuPont de Nemours during the 4th quarter worth $44,000. Finally, Private Wealth Management Group LLC purchased a new stake in DuPont de Nemours during the 4th quarter worth $44,000. 73.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Leland Weaver sold 18,500 shares of the stock in a transaction dated 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 sale, the insider now owns 24,476 shares in the company, valued at $1,918,918.40. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, insider Leland Weaver sold 18,500 shares of the stock in a transaction dated 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 sale, the insider now owns 24,476 shares in the company, valued at $1,918,918.40. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Michael G. Goss sold 1,339 shares of the stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $78.33, for a total transaction of $104,883.87. Following the sale, the insider now owns 14,012 shares in the company, valued at approximately $1,097,559.96. The disclosure for this sale can be found here. Insiders have sold a total of 22,193 shares of company stock worth $1,726,655 over the last quarter. 0.56% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on DD shares. StockNews.com raised shares of DuPont de Nemours from a “sell” rating to a “hold” rating in a research report on Wednesday, February 14th. Citigroup upped their price objective on shares of DuPont de Nemours from $73.00 to $80.00 and gave the company a “neutral” rating in a research report on Wednesday, April 10th. Jefferies Financial Group raised shares of DuPont de Nemours from a “hold” rating to a “buy” rating and upped their price objective for the company from $78.00 to $101.00 in a research report on Friday, May 17th. TheStreet cut shares of DuPont de Nemours from a “b-” rating to a “c” rating in a research report on Tuesday, February 6th. Finally, Mizuho upped their price objective on shares of DuPont de Nemours from $83.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $88.50.

Check Out Our Latest Analysis on DD

DuPont de Nemours Stock Performance

Shares of DD stock opened at $81.12 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.61 and a current ratio of 2.33. DuPont de Nemours, Inc. has a one year low of $61.14 and a one year high of $81.29. The company’s 50-day simple moving average is $76.32 and its 200-day simple moving average is $72.89. The stock has a market capitalization of $33.92 billion, a price-to-earnings ratio of 98.93, a PEG ratio of 2.34 and a beta of 1.39.

DuPont de Nemours (NYSE:DDGet Free Report) last issued its quarterly earnings results on Wednesday, May 1st. The basic materials company reported $0.79 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 analysts’ expectations of $2.81 billion. During the same quarter last year, the company posted $0.84 earnings per share. The company’s quarterly revenue was down 2.9% compared to the same quarter last year. Equities analysts anticipate that DuPont de Nemours, Inc. will post 3.64 earnings per share for the current fiscal year.

DuPont de Nemours Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Investors of record on Friday, May 31st will be paid a dividend of $0.38 per share. The ex-dividend date of this dividend is Friday, May 31st. This represents a $1.52 annualized dividend and a yield of 1.87%. DuPont de Nemours’s dividend payout ratio (DPR) is 185.37%.

DuPont de Nemours Profile

(Free Report)

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.

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Institutional Ownership by Quarter for DuPont de Nemours (NYSE:DD)

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