5,820 Shares in DuPont de Nemours, Inc. (NYSE:DD) Purchased by Sowell Financial Services LLC

Sowell Financial Services LLC purchased a new stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 5,820 shares of the basic materials company's stock, valued at approximately $435,000.

Other institutional investors have also recently made changes to their positions in the company. Level Four Advisory Services LLC raised its stake in shares of DuPont de Nemours by 2.8% in the fourth quarter. Level Four Advisory Services LLC now owns 4,679 shares of the basic materials company's stock worth $357,000 after buying an additional 129 shares during the period. Lake Street Advisors Group LLC increased its holdings in DuPont de Nemours by 3.2% in the 4th quarter. Lake Street Advisors Group LLC now owns 4,231 shares of the basic materials company's stock worth $323,000 after acquiring an additional 132 shares in the last quarter. Hancock Whitney Corp raised its stake in DuPont de Nemours by 2.6% during the 4th quarter. Hancock Whitney Corp now owns 5,625 shares of the basic materials company's stock worth $429,000 after acquiring an additional 143 shares during the period. Howard Capital Management Inc. lifted its holdings in DuPont de Nemours by 5.4% during the fourth quarter. Howard Capital Management Inc. now owns 2,809 shares of the basic materials company's stock valued at $214,000 after purchasing an additional 144 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich boosted its position in shares of DuPont de Nemours by 7.4% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,117 shares of the basic materials company's stock worth $178,000 after purchasing an additional 146 shares during the period. Institutional investors own 73.96% of the company's stock.

DuPont de Nemours Price Performance

DD stock traded up $1.25 during trading on Tuesday, hitting $68.25. 1,967,368 shares of the company's stock traded hands, compared to its average volume of 2,430,372. DuPont de Nemours, Inc. has a 52 week low of $53.77 and a 52 week high of $90.06. The stock has a market capitalization of $28.56 billion, a price-to-earnings ratio of -359.21, a P/E/G ratio of 1.88 and a beta of 1.05. The business has a fifty day simple moving average of $66.56 and a 200 day simple moving average of $72.65. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.91 and a current ratio of 1.40.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its quarterly earnings results on Friday, May 2nd. The basic materials company reported $1.03 EPS for the quarter, beating analysts' consensus estimates of $0.95 by $0.08. The firm had revenue of $3.07 billion during the quarter, compared to the consensus estimate 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 firm's revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.79 EPS. As a group, research analysts expect that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Friday, May 30th were issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date was Friday, May 30th. DuPont de Nemours's dividend payout ratio (DPR) is -863.16%.

Wall Street Analysts Forecast Growth

DD has been the topic of several recent analyst reports. Wall Street Zen downgraded shares of DuPont de Nemours from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Mizuho decreased their price target on DuPont de Nemours from $100.00 to $80.00 and set an "outperform" rating on the stock in a report on Tuesday, April 15th. JPMorgan Chase & Co. boosted their price objective on DuPont de Nemours from $78.00 to $93.00 and gave the company an "overweight" rating in a research report on Friday, May 16th. Royal Bank Of Canada cut their target price on DuPont de Nemours from $101.00 to $90.00 and set an "outperform" rating for the company in a research report on Thursday, April 24th. Finally, Bank of America raised 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 report on Tuesday, April 15th. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat, DuPont de Nemours 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.