Northwest Capital Management Inc Trims Stake in DuPont de Nemours, Inc. (NYSE:DD)

Northwest Capital Management Inc lowered its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 87.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 500 shares of the basic materials company's stock after selling 3,333 shares during the quarter. Northwest Capital Management Inc's holdings in DuPont de Nemours were worth $37,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Level Four Advisory Services LLC boosted its position in DuPont de Nemours by 2.8% in the 4th quarter. Level Four Advisory Services LLC now owns 4,679 shares of the basic materials company's stock valued at $357,000 after buying an additional 129 shares during the period. Hancock Whitney Corp boosted its position in DuPont de Nemours by 2.6% in the 4th quarter. Hancock Whitney Corp now owns 5,625 shares of the basic materials company's stock valued at $429,000 after buying an additional 143 shares during the period. Freedom Investment Management Inc. boosted its position in DuPont de Nemours by 3.4% in the 4th quarter. Freedom Investment Management Inc. now owns 4,920 shares of the basic materials company's stock valued at $375,000 after buying an additional 164 shares during the period. Legacy Financial Advisors Inc. boosted its position in DuPont de Nemours by 5.2% in the 4th quarter. Legacy Financial Advisors Inc. now owns 3,348 shares of the basic materials company's stock valued at $255,000 after buying an additional 166 shares during the period. Finally, Thoroughbred Financial Services LLC boosted its position in DuPont de Nemours by 2.1% in the 4th quarter. Thoroughbred Financial Services LLC now owns 8,249 shares of the basic materials company's stock valued at $628,000 after buying an additional 167 shares during the period. Hedge funds and other institutional investors own 73.96% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on DD. Barclays lowered their price target on shares of DuPont de Nemours from $89.00 to $73.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 29th. JPMorgan Chase & Co. upped their price target on shares of DuPont de Nemours from $78.00 to $93.00 and gave the stock an "overweight" rating in a research report on Friday, May 16th. Wells Fargo & Company lowered their price target on shares of DuPont de Nemours from $105.00 to $81.00 and set an "overweight" rating for the company in a research report on Wednesday, April 9th. 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 research report on Monday, May 5th. Finally, Bank of America raised shares of DuPont de Nemours from an "underperform" rating to a "neutral" rating and lowered their price target for the stock from $80.00 to $75.00 in a research report on Tuesday, April 15th. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat.com, DuPont de Nemours has an average rating of "Moderate Buy" and a consensus target price of $86.92.

DuPont de Nemours Trading Down 0.8%

NYSE DD opened at $75.49 on Friday. The company has a fifty day simple moving average of $69.00 and a two-hundred day simple moving average of $72.02. The stock has a market cap of $31.59 billion, a P/E ratio of -397.32, a P/E/G ratio of 2.16 and a beta of 1.04. DuPont de Nemours, Inc. has a 12-month low of $53.77 and a 12-month high of $90.06. The company has a current ratio of 1.40, a quick ratio of 0.91 and a debt-to-equity ratio of 0.23.

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

DuPont de Nemours Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, August 29th will be paid a $0.41 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.17%. DuPont de Nemours's 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.

Want to see what other hedge funds are holding DD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DuPont de Nemours, Inc. (NYSE:DD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.