DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Handelsbanken Fonder AB

Handelsbanken Fonder AB cut its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 3.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 157,536 shares of the basic materials company's stock after selling 5,307 shares during the quarter. Handelsbanken Fonder AB's holdings in DuPont de Nemours were worth $11,765,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of DD. Brighton Jones LLC grew its holdings in shares of DuPont de Nemours by 19.6% during the 4th quarter. Brighton Jones LLC now owns 5,012 shares of the basic materials company's stock valued at $382,000 after purchasing an additional 822 shares during the last quarter. Essex Financial Services Inc. boosted its position in DuPont de Nemours by 47.1% during the fourth quarter. Essex Financial Services Inc. now owns 10,390 shares of the basic materials company's stock valued at $792,000 after buying an additional 3,328 shares during the period. Stonebridge Financial Group LLC bought a new position in shares of DuPont de Nemours during the fourth quarter valued at about $60,000. Capital Advisors Inc. OK grew its stake in shares of DuPont de Nemours by 4.5% during the fourth quarter. Capital Advisors Inc. OK now owns 6,163 shares of the basic materials company's stock valued at $470,000 after buying an additional 265 shares during the last quarter. Finally, Gladstone Institutional Advisory LLC increased its holdings in shares of DuPont de Nemours by 168.0% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 37,767 shares of the basic materials company's stock worth $2,880,000 after buying an additional 23,677 shares during the period. 73.96% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on DD shares. KeyCorp increased their target price on shares of DuPont de Nemours from $81.00 to $85.00 and gave the stock an "overweight" rating in a report on Monday, May 5th. Wall Street Zen lowered DuPont de Nemours from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Mizuho cut their price objective on DuPont de Nemours from $100.00 to $80.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 15th. Wells Fargo & Company reduced their target price on DuPont de Nemours from $105.00 to $81.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 9th. Finally, Morgan Stanley decreased their target price on 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. Four investment 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 currently has an average rating of "Moderate Buy" and an average price target of $85.92.

DuPont de Nemours Stock Up 1.5%

NYSE:DD traded up $1.02 during trading hours on Monday, reaching $67.89. The company's stock had a trading volume of 857,947 shares, compared to its average volume of 2,427,903. 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 capitalization of $28.41 billion, a P/E ratio of 40.66, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. The stock has a 50 day moving average price of $65.65 and a two-hundred day moving average price of $73.31. DuPont de Nemours, Inc. has a 12 month low of $53.77 and a 12 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 the consensus estimate of $0.95 by $0.08. The firm had revenue of $3.07 billion during the quarter, compared to analyst estimates of $3.05 billion. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. DuPont de Nemours's revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.79 EPS. Equities analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The company also recently declared 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 of this dividend is Friday, May 30th. This represents a $1.64 annualized dividend and a dividend yield of 2.42%. DuPont de Nemours's dividend payout ratio is currently -863.16%.

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.