Tag: DD

Bank of New York Mellon Corp lessened its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 7.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 4,275,096 shares of the basic materials company’s stock after selling 327,350 shares during the period. Bank of New York Mellon Corp owned 0.93% of DuPont de Nemours worth $306,824,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Metis Global Partners LLC boosted its holdings in DuPont de Nemours by 33.0% in the first quarter. Metis Global Partners LLC now owns 17,547 shares of the basic materials company’s stock valued at $1,259,000 after acquiring an additional 4,351 shares during the last quarter. Personal CFO Solutions LLC boosted its holdings in DuPont de Nemours by 8.1% in the first quarter. Personal CFO Solutions LLC now owns 5,868 shares of the basic materials company’s stock valued at $421,000 after acquiring an additional 441 shares during the last quarter. Venturi Wealth Management LLC bought a new position in DuPont de Nemours in the first quarter valued at about $73,000. Signaturefd LLC boosted its holdings in DuPont de Nemours by 7.6% in the first quarter. Signaturefd LLC now owns 5,726 shares of the basic materials company’s stock valued at $411,000 after acquiring an additional 405 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its holdings in DuPont de Nemours by 1,767.8% in the fourth quarter. Pacer Advisors Inc. now owns 19,070 shares of the basic materials company’s stock valued at $1,309,000 after acquiring an additional 18,049 shares during the last quarter. Institutional investors own 76.00% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. BMO Capital Markets reduced their target price on DuPont de Nemours from $103.00 to $84.00 in a report on Wednesday, May 3rd. Citigroup raised their target price on DuPont de Nemours from $72.00 to $75.00 and gave the stock a “neutral” rating in a report on Wednesday, July 19th. StockNews.com began coverage on DuPont de Nemours in a research report on Thursday, May 18th. They set a “hold” rating on the stock. Mizuho raised their price target on DuPont de Nemours from $81.00 to $86.00 and gave the stock a “buy” rating in a research report on Thursday, August 3rd. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $73.00 price target on shares of DuPont de Nemours in a research report on Thursday, August 3rd. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $79.50.

Get Our Latest Stock Analysis on DuPont de Nemours

Insider Transactions at DuPont de Nemours

In other news, insider Michael G. Goss sold 2,374 shares of DuPont de Nemours stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $65.46, for a total transaction of $155,402.04. Following the completion of the transaction, the insider now directly owns 13,345 shares in the company, valued at approximately $873,563.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider Michael G. Goss sold 2,374 shares of DuPont de Nemours stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $65.46, for a total transaction of $155,402.04. Following the completion of the transaction, the insider now directly owns 13,345 shares in the company, valued at approximately $873,563.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael G. Goss sold 7,919 shares of DuPont de Nemours stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $77.36, for a total value of $612,613.84. Following the transaction, the insider now owns 13,363 shares of the company’s stock, valued at $1,033,761.68. The disclosure for this sale can be found here. 0.38% of the stock is currently owned by corporate insiders.

DuPont de Nemours Stock Up 0.2 %

DD stock opened at $76.32 on Friday. The company has a quick ratio of 2.35, a current ratio of 2.98 and a debt-to-equity ratio of 0.29. The business has a 50 day moving average price of $72.68 and a two-hundred day moving average price of $71.15. The company has a market cap of $35.04 billion, a price-to-earnings ratio of 7.87, a P/E/G ratio of 2.27 and a beta of 1.41. DuPont de Nemours, Inc. has a twelve month low of $49.52 and a twelve month high of $78.74.

DuPont de Nemours (NYSE:DD – Get Free Report) last posted its quarterly earnings results on Wednesday, August 2nd. The basic materials company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.02. The firm had revenue of $3.09 billion during the quarter, compared to the consensus estimate of $3.03 billion. DuPont de Nemours had a return on equity of 6.11% and a net margin of 37.09%. The business’s revenue was down 6.9% compared to the same quarter last year. During the same period last year, the company earned $0.88 earnings per share. Analysts anticipate that DuPont de Nemours, Inc. will post 3.45 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Monday, July 31st will be paid a dividend of $0.36 per share. The ex-dividend date is Friday, July 28th. This represents a $1.44 annualized dividend and a dividend yield of 1.89%. DuPont de Nemours’s dividend payout ratio is currently 14.85%.

DuPont de Nemours Company 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 addressing various steps of the manufacturing process.

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Metis Global Partners LLC grew its position in DuPont de Nemours, Inc. (NYSE:DD – Get Rating) by 74.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 13,196 shares of the basic materials company’s stock after buying an additional 5,630 shares during the quarter. Metis Global Partners LLC’s holdings in DuPont de Nemours were worth $906,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of DD. Fairfield Bush & CO. bought a new stake in shares of DuPont de Nemours in the first quarter valued at about $50,000. United Bank boosted its position in DuPont de Nemours by 7.6% during the first quarter. United Bank now owns 11,482 shares of the basic materials company’s stock valued at $845,000 after purchasing an additional 810 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in DuPont de Nemours during the first quarter valued at approximately $195,000. Blair William & Co. IL boosted its position in DuPont de Nemours by 0.9% during the first quarter. Blair William & Co. IL now owns 94,648 shares of the basic materials company’s stock valued at $6,964,000 after purchasing an additional 866 shares during the last quarter. Finally, Prudential PLC acquired a new position in DuPont de Nemours during the first quarter valued at approximately $821,000. 71.91% of the stock is currently owned by institutional investors.

DuPont de Nemours Price Performance

DuPont de Nemours stock opened at $65.03 on Wednesday. The stock’s fifty day moving average price is $70.45 and its two-hundred day moving average price is $69.61. DuPont de Nemours, Inc. has a one year low of $49.52 and a one year high of $78.40. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.02 and a quick ratio of 2.40. The firm has a market cap of $29.85 billion, a PE ratio of 5.46, a price-to-earnings-growth ratio of 2.15 and a beta of 1.41.

DuPont de Nemours (NYSE:DD – Get Rating) last posted its quarterly earnings data on Tuesday, February 7th. The basic materials company reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.10. DuPont de Nemours had a return on equity of 6.45% and a net margin of 44.54%. The firm had revenue of $3.10 billion for the quarter, compared to analyst estimates of $3.09 billion. During the same quarter last year, the company earned $1.08 EPS. The company’s revenue was down 27.9% on a year-over-year basis. As a group, research analysts expect that DuPont de Nemours, Inc. will post 3.71 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 15th. Stockholders of record on Wednesday, May 31st will be paid a $0.36 dividend. The ex-dividend date is Tuesday, May 30th. This represents a $1.44 annualized dividend and a dividend yield of 2.21%. DuPont de Nemours’s payout ratio is 12.08%.

Wall Street Analyst Weigh In

Several research analysts recently commented on DD shares. Royal Bank of Canada increased their price target on DuPont de Nemours from $85.00 to $92.00 and gave the company an “outperform” rating in a research report on Thursday, February 9th. Barclays reduced their price target on DuPont de Nemours from $80.00 to $76.00 and set an “equal weight” rating for the company in a research report on Monday, April 10th. StockNews.com started coverage on DuPont de Nemours in a research report on Thursday, March 16th. They issued a “hold” rating for the company. Wells Fargo & Company raised their price objective on DuPont de Nemours from $77.00 to $85.00 and gave the company an “overweight” rating in a research report on Wednesday, February 8th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on DuPont de Nemours from $80.00 to $82.00 and gave the company a “hold” rating in a research report on Thursday, February 9th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $80.86.

DuPont de Nemours Profile

(Get Rating)

DuPont de Nemours, Inc operates as a holding company engaged in the development of specialty materials, chemicals, and agricultural products. It operates through the following segments: Electronics & Industrial, Water & Protection, and Corporate & Others. The Electronics & Industrial segment supplies differentiated materials and systems for a broad range of consumer electronics including mobile devices, television monitors, personal computers and electronics used in a variety of industries.

Further Reading

Want to see what other hedge funds are holding DD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DuPont de Nemours, Inc. (NYSE:DD – Get Rating).

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