DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Sei Investments Co.

Sei Investments Co. decreased its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 12.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 317,987 shares of the basic materials company’s stock after selling 45,546 shares during the period. Sei Investments Co.’s holdings in DuPont de Nemours were worth $24,249,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in DD. Lake Street Advisors Group LLC grew its stake in shares of DuPont de Nemours by 3.2% during the fourth quarter. Lake Street Advisors Group LLC now owns 4,231 shares of the basic materials company’s stock worth $323,000 after purchasing an additional 132 shares in the last quarter. Global Trust Asset Management LLC boosted its position in shares of DuPont de Nemours by 1.5% during the 4th quarter. Global Trust Asset Management LLC now owns 9,227 shares of the basic materials company’s stock worth $704,000 after acquiring an additional 133 shares in the last quarter. Avior Wealth Management LLC increased its holdings in shares of DuPont de Nemours by 22.7% in the 4th quarter. Avior Wealth Management LLC now owns 741 shares of the basic materials company’s stock valued at $57,000 after acquiring an additional 137 shares during the last quarter. Howard Capital Management Inc. increased its holdings in shares of DuPont de Nemours by 5.4% in the 4th quarter. Howard Capital Management Inc. now owns 2,809 shares of the basic materials company’s stock valued at $214,000 after acquiring an additional 144 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich raised its position in shares of DuPont de Nemours by 7.4% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,117 shares of the basic materials company’s stock worth $178,000 after acquiring an additional 146 shares in the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Trading Down 0.0 %

Shares of DD stock opened at $76.45 on Thursday. The company has a market capitalization of $31.96 billion, a P/E ratio of 45.78, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.22. The business’s 50 day moving average is $78.54 and its two-hundred day moving average is $80.81. DuPont de Nemours, Inc. has a twelve month low of $72.38 and a twelve month high of $90.06.

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

DuPont de Nemours Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were given a $0.41 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.15%. This is an increase from DuPont de Nemours’s previous quarterly dividend of $0.38. DuPont de Nemours’s dividend payout ratio (DPR) is presently 98.20%.

Wall Street Analyst Weigh In

DD has been the subject of a number of research analyst reports. Royal Bank of Canada dropped their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a research note on Monday, February 10th. Citigroup increased their target price on shares of DuPont de Nemours from $88.00 to $95.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. Barclays raised shares of DuPont de Nemours from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $85.00 to $89.00 in a research report on Thursday, February 13th. BMO Capital Markets raised their price objective on DuPont de Nemours from $105.00 to $112.00 and gave the stock an “outperform” rating in a report on Thursday, February 13th. Finally, JPMorgan Chase & Co. reduced their target price on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a report on Wednesday, January 15th. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, DuPont de Nemours has an average rating of “Moderate Buy” and an average price target of $99.17.

DuPont de Nemours Company 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.