DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by TD Private Client Wealth LLC

TD Private Client Wealth LLC trimmed its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 2.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 5,354 shares of the basic materials company’s stock after selling 142 shares during the period. TD Private Client Wealth LLC’s holdings in DuPont de Nemours were worth $477,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Arete Wealth Advisors LLC boosted its stake in DuPont de Nemours by 39.4% during the third quarter. Arete Wealth Advisors LLC now owns 13,819 shares of the basic materials company’s stock worth $1,226,000 after buying an additional 3,903 shares during the period. Empire Financial Management Company LLC lifted its holdings in shares of DuPont de Nemours by 294.3% in the 3rd quarter. Empire Financial Management Company LLC now owns 20,632 shares of the basic materials company’s stock worth $1,839,000 after acquiring an additional 15,400 shares during the last quarter. Coldstream Capital Management Inc. boosted its position in shares of DuPont de Nemours by 12.3% during the 3rd quarter. Coldstream Capital Management Inc. now owns 12,197 shares of the basic materials company’s stock worth $1,085,000 after purchasing an additional 1,340 shares during the period. Geode Capital Management LLC increased its holdings in DuPont de Nemours by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 9,952,115 shares of the basic materials company’s stock valued at $883,821,000 after purchasing an additional 100,198 shares during the last quarter. Finally, M&T Bank Corp increased its holdings in DuPont de Nemours by 0.7% in the 3rd quarter. M&T Bank Corp now owns 1,734,503 shares of the basic materials company’s stock valued at $154,562,000 after purchasing an additional 11,870 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Stock Down 0.9 %

Shares of DuPont de Nemours stock opened at $80.84 on Friday. DuPont de Nemours, Inc. has a 52-week low of $61.14 and a 52-week high of $90.06. The company has a 50 day moving average of $83.71 and a 200 day moving average of $82.12. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $33.79 billion, a P/E ratio of 42.55, a P/E/G ratio of 1.97 and a beta of 1.34.

DuPont de Nemours (NYSE:DD) last issued its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.15. The firm had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.20 billion. DuPont de Nemours had a net margin of 6.35% and a return on equity of 6.64%. The company’s revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.92 earnings per share. As a group, research analysts forecast that DuPont de Nemours, Inc. will post 3.89 EPS for the current fiscal year.

DuPont de Nemours Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date of this dividend is Friday, November 29th. DuPont de Nemours’s dividend payout ratio (DPR) is 80.00%.

Wall Street Analyst Weigh In

A number of research firms have commented on DD. Barclays upped their price target on DuPont de Nemours from $84.00 to $85.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 6th. Wells Fargo & Company increased their target price on DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 6th. StockNews.com downgraded DuPont de Nemours from a “buy” rating to a “hold” rating in a research report on Tuesday, December 10th. Royal Bank of Canada increased their price target on shares of DuPont de Nemours from $102.00 to $104.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Finally, Morgan Stanley raised their price objective on shares of DuPont de Nemours from $88.00 to $94.00 and gave the company an “equal weight” rating in a research note on Monday, October 21st. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $95.42.

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.