DuPont de Nemours, Inc. (NYSE:DD) Shares Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC raised its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 334.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 256,053 shares of the basic materials company's stock after acquiring an additional 197,115 shares during the quarter. Sequoia Financial Advisors LLC owned approximately 0.06% of DuPont de Nemours worth $19,122,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Ritholtz Wealth Management grew its holdings in shares of DuPont de Nemours by 48.8% in the first quarter. Ritholtz Wealth Management now owns 4,462 shares of the basic materials company's stock valued at $333,000 after purchasing an additional 1,464 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in DuPont de Nemours in the 4th quarter valued at approximately $1,343,000. Grandfield & Dodd LLC grew its stake in shares of DuPont de Nemours by 72.0% in the fourth quarter. Grandfield & Dodd LLC now owns 7,538 shares of the basic materials company's stock worth $575,000 after acquiring an additional 3,155 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of DuPont de Nemours by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,868,586 shares of the basic materials company's stock worth $218,730,000 after acquiring an additional 91,108 shares in the last quarter. Finally, Daiwa Securities Group Inc. increased its position in shares of DuPont de Nemours by 7.0% during the fourth quarter. Daiwa Securities Group Inc. now owns 65,616 shares of the basic materials company's stock worth $5,003,000 after acquiring an additional 4,288 shares during the period. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

DuPont de Nemours Stock Up 2.0%

NYSE:DD traded up $1.39 during midday trading on Thursday, hitting $69.38. 2,206,460 shares of the company were exchanged, compared to its average volume of 2,426,198. DuPont de Nemours, Inc. has a fifty-two week low of $53.77 and a fifty-two week high of $90.06. The company has a market capitalization of $29.04 billion, a PE ratio of -365.16, a price-to-earnings-growth ratio of 1.94 and a beta of 1.05. The company has a current ratio of 1.40, a quick ratio of 0.91 and a debt-to-equity ratio of 0.23. The company has a fifty day simple moving average of $66.89 and a 200 day simple moving average of $72.58.

DuPont de Nemours (NYSE:DD - Get Free Report) last issued its quarterly earnings data on Friday, May 2nd. The basic materials company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.08. DuPont de Nemours had a positive return on equity of 7.58% and a negative net margin of 0.60%. The company had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same quarter last year, the company posted $0.79 earnings per share. The business's quarterly revenue was up 4.6% compared to the same quarter last year. As a group, equities analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 29th will be paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date is Friday, August 29th. DuPont de Nemours's dividend payout ratio is currently -863.16%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on DD shares. Bank of America upgraded DuPont de Nemours from an "underperform" rating to a "neutral" rating and decreased their target price for the company from $80.00 to $75.00 in a report on Tuesday, April 15th. Barclays cut their target price on shares of DuPont de Nemours from $89.00 to $73.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 29th. Wall Street Zen downgraded shares of DuPont de Nemours from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Morgan Stanley lowered their price target on shares of DuPont de Nemours from $94.00 to $80.00 and set an "equal weight" rating for the company in a report on Monday, May 5th. Finally, UBS Group raised their price objective on shares of DuPont de Nemours from $79.00 to $85.00 and gave the company a "buy" rating in a report on Wednesday, May 21st. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $85.92.

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.