SG Americas Securities LLC Decreases Stock Holdings in DuPont de Nemours, Inc. (NYSE:DD)

SG Americas Securities LLC lessened its position in shares of DuPont de Nemours, Inc. (NYSE:DDFree Report) by 75.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,351 shares of the basic materials company’s stock after selling 51,067 shares during the quarter. SG Americas Securities LLC’s holdings in DuPont de Nemours were worth $1,258,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. State Street Corp raised its position in DuPont de Nemours by 0.5% during the 2nd quarter. State Street Corp now owns 18,536,772 shares of the basic materials company’s stock worth $1,324,267,000 after buying an additional 95,396 shares during the last quarter. Moneta Group Investment Advisors LLC raised its holdings in shares of DuPont de Nemours by 114,597.6% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 11,970,989 shares of the basic materials company’s stock worth $821,569,000 after purchasing an additional 11,960,552 shares during the last quarter. Invesco Ltd. lifted its position in DuPont de Nemours by 6.7% during the third quarter. Invesco Ltd. now owns 10,119,827 shares of the basic materials company’s stock valued at $754,838,000 after purchasing an additional 639,246 shares during the period. Nuveen Asset Management LLC boosted its holdings in DuPont de Nemours by 19.6% in the second quarter. Nuveen Asset Management LLC now owns 7,704,546 shares of the basic materials company’s stock valued at $550,413,000 after purchasing an additional 1,261,028 shares during the last quarter. Finally, Morgan Stanley grew its position in DuPont de Nemours by 6.9% during the 4th quarter. Morgan Stanley now owns 7,696,931 shares of the basic materials company’s stock worth $528,241,000 after purchasing an additional 498,633 shares during the period. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Up 0.2 %

NYSE:DD opened at $76.67 on Friday. DuPont de Nemours, Inc. has a 52 week low of $61.14 and a 52 week high of $78.74. The stock’s fifty day moving average is $69.73 and its two-hundred day moving average is $72.00. The stock has a market capitalization of $32.02 billion, a price-to-earnings ratio of 82.44, a price-to-earnings-growth ratio of 2.53 and a beta of 1.39. The company has a quick ratio of 1.73, a current ratio of 2.43 and a debt-to-equity ratio of 0.32.

DuPont de Nemours (NYSE:DDGet Free Report) last posted its earnings results on Tuesday, February 6th. The basic materials company reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.02. The firm had revenue of $2.90 billion for the quarter, compared to analyst estimates of $2.92 billion. DuPont de Nemours had a return on equity of 6.12% and a net margin of 3.51%. DuPont de Nemours’s revenue was down 6.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.89 EPS. Research analysts anticipate that DuPont de Nemours, Inc. will post 3.46 EPS for the current year.

DuPont de Nemours Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were issued a $0.38 dividend. The ex-dividend date was Wednesday, February 28th. This is a positive change from DuPont de Nemours’s previous quarterly dividend of $0.36. This represents a $1.52 dividend on an annualized basis and a yield of 1.98%. DuPont de Nemours’s dividend payout ratio (DPR) is 163.44%.

Insider Buying and Selling

In other DuPont de Nemours news, insider Michael G. Goss sold 2,354 shares of the 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 sale, the insider now directly owns 15,587 shares of the company’s stock, valued at approximately $1,134,733.60. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.38% of the company’s stock.

Analysts Set New Price Targets

DD has been the topic of a number of analyst reports. Barclays dropped their price objective 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. JPMorgan Chase & Co. lifted their price objective on shares of DuPont de Nemours from $76.00 to $85.00 and gave the company an “overweight” rating in a report on Friday, March 22nd. BMO Capital Markets lowered shares of DuPont de Nemours from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from $80.00 to $72.00 in a research note on Wednesday, January 24th. Mizuho reduced their price target on DuPont de Nemours from $80.00 to $76.00 and set a “buy” rating for the company in a report on Wednesday, February 7th. Finally, TheStreet lowered DuPont de Nemours from a “b-” rating to a “c” rating in a report on Tuesday, February 6th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $76.60.

Read Our Latest Report on DuPont de Nemours

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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