DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Intrust Bank NA

Intrust Bank NA decreased its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 4.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 3,939 shares of the basic materials company’s stock after selling 164 shares during the period. Intrust Bank NA’s holdings in DuPont de Nemours were worth $300,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of DD. Hager Investment Management Services LLC bought a new position in shares of DuPont de Nemours during the fourth quarter worth about $26,000. Byrne Asset Management LLC acquired a new position in DuPont de Nemours during the 4th quarter valued at about $29,000. Vision Financial Markets LLC bought a new position in DuPont de Nemours in the 4th quarter worth about $31,000. Golden State Wealth Management LLC acquired a new stake in shares of DuPont de Nemours in the fourth quarter valued at approximately $33,000. Finally, FSA Wealth Management LLC bought a new stake in shares of DuPont de Nemours during the third quarter valued at approximately $39,000. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Down 2.6 %

NYSE DD opened at $74.00 on Monday. The company has a market capitalization of $30.94 billion, a P/E ratio of 44.31, a PEG ratio of 2.15 and a beta of 1.29. DuPont de Nemours, Inc. has a 12 month low of $72.38 and a 12 month high of $90.06. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.33 and a quick ratio of 0.88. The company’s 50 day simple moving average is $78.45 and its 200 day simple moving average is $80.75.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings results 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 return on equity of 7.12% and a net margin of 5.47%. Equities research analysts expect that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were given a $0.41 dividend. This is a positive change 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 2.22%. DuPont de Nemours’s dividend payout ratio (DPR) is 98.20%.

Analyst Upgrades and Downgrades

DD has been the topic of several analyst reports. UBS Group raised their target price 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 raised their price target on DuPont de Nemours from $88.00 to $95.00 and gave the company a “buy” rating in a report on Thursday, February 13th. Wolfe Research raised shares of DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price objective for the company in a report on Friday, January 17th. Royal Bank of Canada lowered their target price 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. Finally, StockNews.com downgraded shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, DuPont de Nemours presently has an average rating of “Moderate Buy” and an average price target of $99.17.

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.