DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Fullcircle Wealth LLC

Fullcircle Wealth LLC trimmed its position in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 37.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,358 shares of the basic materials company's stock after selling 4,965 shares during the period. Fullcircle Wealth LLC's holdings in DuPont de Nemours were worth $702,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Principal Financial Group Inc. raised its stake in DuPont de Nemours by 4.6% during the third quarter. Principal Financial Group Inc. now owns 490,704 shares of the basic materials company's stock worth $43,727,000 after acquiring an additional 21,435 shares in the last quarter. Bangor Savings Bank grew its holdings in shares of DuPont de Nemours by 22.6% during the 4th quarter. Bangor Savings Bank now owns 1,075 shares of the basic materials company's stock valued at $82,000 after purchasing an additional 198 shares during the last quarter. Diversified Trust Co grew its holdings in shares of DuPont de Nemours by 27.5% during the 4th quarter. Diversified Trust Co now owns 8,436 shares of the basic materials company's stock valued at $643,000 after purchasing an additional 1,820 shares during the last quarter. ST Germain D J Co. Inc. increased its position in DuPont de Nemours by 5.9% during the 4th quarter. ST Germain D J Co. Inc. now owns 5,296 shares of the basic materials company's stock worth $404,000 after purchasing an additional 294 shares in the last quarter. Finally, Hilltop National Bank lifted its stake in DuPont de Nemours by 6.1% in the 4th quarter. Hilltop National Bank now owns 17,303 shares of the basic materials company's stock valued at $1,319,000 after purchasing an additional 996 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Price Performance

DD stock traded up $0.52 during trading on Friday, reaching $66.77. The company's stock had a trading volume of 1,742,290 shares, compared to its average volume of 2,417,237. The company's fifty day moving average is $68.36 and its 200-day moving average is $75.98. DuPont de Nemours, Inc. has a 1 year low of $53.77 and a 1 year high of $90.06. The company has a market capitalization of $27.94 billion, a P/E ratio of 39.98, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. The company has a quick ratio of 0.88, a current ratio of 1.33 and a debt-to-equity ratio of 0.22.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted its 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 return on equity of 7.12% and a net margin of 5.47%. The company's quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.79 EPS. On average, research 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. Shareholders of record on Friday, May 30th will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.46%. The ex-dividend date is Friday, May 30th. DuPont de Nemours's dividend payout ratio (DPR) is presently -863.16%.

Analysts Set New Price Targets

A number of analysts have recently commented on DD shares. Wells Fargo & Company cut their price target 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. JPMorgan Chase & Co. reduced their price target on DuPont de Nemours from $101.00 to $76.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Royal Bank of Canada reduced their target price on DuPont de Nemours from $101.00 to $90.00 and set an "outperform" rating on the stock in a report on Thursday, April 24th. UBS Group reduced their price objective on shares of DuPont de Nemours from $103.00 to $75.00 and set a "buy" rating on the stock in a research note on Tuesday, April 15th. Finally, Morgan Stanley lowered their price objective on 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. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $85.07.

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.