Fort Washington Investment Advisors Inc. OH Sells 154,646 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Fort Washington Investment Advisors Inc. OH trimmed its stake in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 9.2% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,532,878 shares of the basic materials company's stock after selling 154,646 shares during the period. Fort Washington Investment Advisors Inc. OH owned 0.37% of DuPont de Nemours worth $114,475,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Aster Capital Management DIFC Ltd raised its stake in shares of DuPont de Nemours by 479.4% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 365 shares of the basic materials company's stock valued at $28,000 after acquiring an additional 302 shares in the last quarter. Vermillion Wealth Management Inc. bought a new position in DuPont de Nemours in the 4th quarter worth approximately $28,000. Vision Financial Markets LLC bought a new position in DuPont de Nemours in the 4th quarter worth approximately $31,000. Golden State Wealth Management LLC bought a new position in DuPont de Nemours in the 4th quarter worth approximately $33,000. Finally, Covestor Ltd increased its position in DuPont de Nemours by 78.8% in the 4th quarter. Covestor Ltd now owns 447 shares of the basic materials company's stock worth $34,000 after buying an additional 197 shares during the period. 73.96% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on DD. Barclays decreased their price objective on DuPont de Nemours from $89.00 to $73.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 29th. Wells Fargo & Company decreased their price objective on DuPont de Nemours from $105.00 to $81.00 and set an "overweight" rating on the stock in a report on Wednesday, April 9th. Wall Street Zen lowered DuPont de Nemours from a "buy" rating to a "hold" rating in a report on Friday, February 28th. BMO Capital Markets lifted 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. lifted their price objective on DuPont de Nemours from $78.00 to $93.00 and gave the stock an "overweight" rating in a report on Friday, May 16th. Four investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $85.92.

DuPont de Nemours Price Performance

DuPont de Nemours stock traded down $0.95 on Thursday, reaching $68.45. The company's stock had a trading volume of 1,566,564 shares, compared to its average volume of 2,431,113. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.88 and a current ratio of 1.33. The company has a market cap of $28.65 billion, a price-to-earnings ratio of 40.99, a PEG ratio of 2.15 and a beta of 1.05. The business's fifty day moving average price is $65.19 and its 200 day moving average price is $73.69. DuPont de Nemours, Inc. has a twelve month low of $53.77 and a twelve month high of $90.06.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted its quarterly earnings data on Friday, May 2nd. The basic materials company reported $1.03 EPS for the quarter, topping analysts' consensus estimates of $0.95 by $0.08. The company had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.05 billion. DuPont de Nemours had a return on equity of 7.12% and a net margin of 5.47%. The business's revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.79 earnings per share. Equities analysts expect 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 announced a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Friday, May 30th will be given a dividend of $0.41 per share. The ex-dividend date is Friday, May 30th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.40%. DuPont de Nemours's payout ratio is currently -863.16%.

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.