DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS reduced its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 2.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 88,870 shares of the basic materials company’s stock after selling 2,015 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in DuPont de Nemours were worth $6,776,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in DD. United Bank increased its position in DuPont de Nemours by 2.7% in the 3rd quarter. United Bank now owns 11,015 shares of the basic materials company’s stock valued at $982,000 after acquiring an additional 290 shares during the period. Empowered Funds LLC increased its position in DuPont de Nemours by 7.5% in the 3rd quarter. Empowered Funds LLC now owns 12,145 shares of the basic materials company’s stock valued at $1,082,000 after acquiring an additional 850 shares during the period. Thrivent Financial for Lutherans increased its position in DuPont de Nemours by 128.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 60,872 shares of the basic materials company’s stock valued at $5,423,000 after acquiring an additional 34,182 shares during the period. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in DuPont de Nemours in the 3rd quarter valued at approximately $971,000. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its position in DuPont de Nemours by 14.1% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 56,335 shares of the basic materials company’s stock valued at $5,020,000 after acquiring an additional 6,964 shares during the period. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Stock Performance

DD opened at $75.25 on Friday. The firm has a market cap of $31.46 billion, a PE ratio of 45.06, a P/E/G ratio of 2.15 and a beta of 1.29. The company has a quick ratio of 0.88, a current ratio of 1.33 and a debt-to-equity ratio of 0.22. The business has a fifty day simple moving average of $78.46 and a 200-day simple moving average of $80.90. DuPont de Nemours, Inc. has a fifty-two week low of $72.38 and a fifty-two week high of $90.06.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.15. DuPont de Nemours had a return on equity of 7.12% and a net margin of 5.47%. As a group, equities analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.41 per share. This is an increase from DuPont de Nemours’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.18%. DuPont de Nemours’s payout ratio is currently 98.20%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. StockNews.com cut DuPont de Nemours from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. UBS Group lifted their price target on DuPont de Nemours from $102.00 to $103.00 and gave the company a “buy” rating in a research report on Tuesday, February 25th. Citigroup lifted their price target on DuPont de Nemours from $88.00 to $95.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. Wells Fargo & Company lowered their price target on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 12th. Finally, BMO Capital Markets lifted their price target on DuPont de Nemours from $105.00 to $112.00 and gave the company an “outperform” rating in a research report on Thursday, February 13th. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $99.17.

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.