DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Signaturefd LLC

Signaturefd LLC lessened its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 4.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,217 shares of the basic materials company’s stock after selling 316 shares during the quarter. Signaturefd LLC’s holdings in DuPont de Nemours were worth $478,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in DD. AE Wealth Management LLC lifted its position in shares of DuPont de Nemours by 12.2% during the third quarter. AE Wealth Management LLC now owns 22,459 shares of the basic materials company’s stock worth $1,675,000 after purchasing an additional 2,435 shares in the last quarter. Impact Partnership Wealth LLC purchased a new stake in shares of DuPont de Nemours during the third quarter worth approximately $50,000. DAVENPORT & Co LLC increased its stake in shares of DuPont de Nemours by 3.3% during the third quarter. DAVENPORT & Co LLC now owns 10,588 shares of the basic materials company’s stock worth $790,000 after buying an additional 338 shares during the period. Avior Wealth Management LLC increased its stake in shares of DuPont de Nemours by 3,270.7% during the third quarter. Avior Wealth Management LLC now owns 2,528 shares of the basic materials company’s stock worth $189,000 after buying an additional 2,453 shares during the period. Finally, Exchange Traded Concepts LLC increased its stake in shares of DuPont de Nemours by 51.8% during the third quarter. Exchange Traded Concepts LLC now owns 2,811 shares of the basic materials company’s stock worth $210,000 after buying an additional 959 shares during the period. Institutional investors and hedge funds own 73.96% of the company’s stock.

Insider Buying and Selling

In related news, insider Michael G. Goss sold 2,354 shares of the stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $72.80, for a total transaction of $171,371.20. Following the completion of the sale, the insider now directly owns 15,587 shares of the company’s stock, valued at $1,134,733.60. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.56% of the company’s stock.

DuPont de Nemours Price Performance

DD stock opened at $73.96 on Thursday. The company has a market capitalization of $30.92 billion, a P/E ratio of 79.53, a PEG ratio of 2.42 and a beta of 1.40. DuPont de Nemours, Inc. has a twelve month low of $61.14 and a twelve month high of $78.74. The business has a 50 day simple moving average of $73.03 and a 200-day simple moving average of $72.12. The company has a current ratio of 2.43, a quick ratio of 1.73 and a debt-to-equity ratio of 0.32.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings data on Tuesday, February 6th. The basic materials company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.02. DuPont de Nemours had a return on equity of 6.12% and a net margin of 3.51%. The business had revenue of $2.90 billion during the quarter, compared to the consensus estimate of $2.92 billion. During the same period in the prior year, the company earned $0.89 earnings per share. The company’s revenue was down 6.6% compared to the same quarter last year. As a group, equities analysts anticipate that DuPont de Nemours, Inc. will post 3.49 EPS for the current year.

DuPont de Nemours Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Investors of record on Friday, May 31st will be issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 2.06%. The ex-dividend date is Thursday, May 30th. DuPont de Nemours’s dividend payout ratio is presently 163.44%.

Analyst Ratings Changes

DD has been the topic of a number of recent research reports. TheStreet lowered shares of DuPont de Nemours from a “b-” rating to a “c” rating in a research note on Tuesday, February 6th. Mizuho cut their target price on shares of DuPont de Nemours from $80.00 to $76.00 and set a “buy” rating on the stock in a research note on Wednesday, February 7th. Barclays cut their target price on shares of DuPont de Nemours from $74.00 to $70.00 and set an “equal weight” rating on the stock in a research note on Monday, February 12th. Wells Fargo & Company upped their target price on shares of DuPont de Nemours from $69.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 11th. Finally, Royal Bank of Canada increased their price target on shares of DuPont de Nemours from $75.00 to $83.00 and gave the company an “outperform” rating in a research note on Wednesday, February 7th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $77.90.

DuPont de Nemours Profile

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.