Dorsey & Whitney Trust CO LLC Purchases 683 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Dorsey & Whitney Trust CO LLC lifted its position in DuPont de Nemours, Inc. (NYSE:DDFree Report) by 24.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,425 shares of the basic materials company’s stock after buying an additional 683 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in DuPont de Nemours were worth $263,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in DD. Northwest Financial Advisors purchased a new stake in DuPont de Nemours during the fourth quarter valued at approximately $25,000. Cassady Schiller Wealth Management LLC increased its holdings in DuPont de Nemours by 153.5% during the fourth quarter. Cassady Schiller Wealth Management LLC now owns 431 shares of the basic materials company’s stock valued at $33,000 after buying an additional 261 shares during the last quarter. AlphaMark Advisors LLC purchased a new stake in DuPont de Nemours during the fourth quarter valued at approximately $41,000. Grove Bank & Trust increased its holdings in DuPont de Nemours by 55.1% during the fourth quarter. Grove Bank & Trust now owns 529 shares of the basic materials company’s stock valued at $41,000 after buying an additional 188 shares during the last quarter. Finally, Arlington Trust Co LLC purchased a new stake in DuPont de Nemours during the fourth quarter valued at approximately $44,000. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Price Performance

DuPont de Nemours stock opened at $82.16 on Monday. The firm has a 50-day moving average price of $77.04 and a 200-day moving average price of $73.36. The firm has a market capitalization of $34.35 billion, a PE ratio of 100.20, a price-to-earnings-growth ratio of 2.56 and a beta of 1.36. The company has a current ratio of 2.33, a quick ratio of 1.61 and a debt-to-equity ratio of 0.32. DuPont de Nemours, Inc. has a 12-month low of $61.14 and a 12-month high of $82.63.

DuPont de Nemours (NYSE:DDGet Free Report) last announced its quarterly earnings data on Wednesday, May 1st. The basic materials company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.14. The company had revenue of $2.93 billion during the quarter, compared to analyst estimates of $2.81 billion. DuPont de Nemours had a net margin of 2.75% and a return on equity of 6.07%. The firm’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same quarter last year, the business posted $0.84 EPS. As a group, equities research analysts forecast that DuPont de Nemours, Inc. will post 3.63 EPS for the current year.

DuPont de Nemours Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Friday, May 31st will be given a $0.38 dividend. The ex-dividend date is Friday, May 31st. This represents a $1.52 annualized dividend and a yield of 1.85%. DuPont de Nemours’s dividend payout ratio (DPR) is 185.37%.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. UBS Group upped their target price on shares of DuPont de Nemours from $93.00 to $98.00 and gave the company a “buy” rating in a report on Wednesday, May 29th. Barclays increased their price objective on shares of DuPont de Nemours from $81.00 to $85.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 28th. Wolfe Research initiated coverage on shares of DuPont de Nemours in a research note on Friday, March 1st. They issued a “peer perform” rating for the company. Jefferies Financial Group raised shares of DuPont de Nemours from a “hold” rating to a “buy” rating and increased their price objective for the stock from $78.00 to $101.00 in a research note on Friday, May 17th. Finally, Citigroup raised shares of DuPont de Nemours from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $85.00 to $95.00 in a research note on Tuesday, May 28th. One research analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $91.09.

View Our Latest Stock Report on DD

Insider Buying and Selling at DuPont de Nemours

In other news, insider Leland Weaver sold 18,500 shares of the business’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $78.40, for a total value of $1,450,400.00. Following the completion of the sale, the insider now owns 24,476 shares in the company, valued at approximately $1,918,918.40. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, insider Michael G. Goss sold 2,354 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $72.80, for a total transaction of $171,371.20. Following the completion of the transaction, the insider now owns 15,587 shares in the company, valued at approximately $1,134,733.60. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Leland Weaver sold 18,500 shares of the business’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $78.40, for a total transaction of $1,450,400.00. Following the transaction, the insider now owns 24,476 shares of the company’s stock, valued at approximately $1,918,918.40. The disclosure for this sale can be found here. Insiders sold a total of 22,193 shares of company stock valued at $1,726,655 in the last three months. Company insiders own 0.56% of the company’s stock.

About DuPont de Nemours

(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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