Strs Ohio Acquires 20,101 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Strs Ohio grew its position in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 2.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 995,743 shares of the basic materials company's stock after buying an additional 20,101 shares during the quarter. Strs Ohio owned approximately 0.23% of DuPont de Nemours worth $76,602,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. City State Bank grew its stake in shares of DuPont de Nemours by 3.9% during the fourth quarter. City State Bank now owns 3,529 shares of the basic materials company's stock valued at $271,000 after purchasing an additional 132 shares during the last quarter. Laurel Wealth Advisors LLC grew its stake in shares of DuPont de Nemours by 5.3% during the third quarter. Laurel Wealth Advisors LLC now owns 2,803 shares of the basic materials company's stock valued at $209,000 after purchasing an additional 142 shares during the last quarter. Ballast Inc. grew its stake in shares of DuPont de Nemours by 1.0% during the third quarter. Ballast Inc. now owns 14,119 shares of the basic materials company's stock valued at $1,053,000 after purchasing an additional 143 shares during the last quarter. Personal CFO Solutions LLC grew its stake in shares of DuPont de Nemours by 2.4% during the third quarter. Personal CFO Solutions LLC now owns 6,174 shares of the basic materials company's stock valued at $461,000 after purchasing an additional 147 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC grew its stake in shares of DuPont de Nemours by 0.4% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 36,787 shares of the basic materials company's stock valued at $2,744,000 after purchasing an additional 160 shares during the last quarter. 73.96% of the stock is owned by institutional investors.

Insider Buying and Selling at DuPont de Nemours

In other news, insider Michael G. Goss sold 2,354 shares of DuPont de Nemours stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $72.80, for a total value of $171,371.20. Following the completion of the transaction, the insider now owns 15,587 shares of the company's stock, valued at approximately $1,134,733.60. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.38% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Mizuho decreased their price target on shares of DuPont de Nemours from $80.00 to $76.00 and set a "buy" rating on the stock in a research note on Wednesday, February 7th. Bank of America cut shares of DuPont de Nemours from a "buy" rating to an "underperform" rating and raised their price objective for the company from $78.00 to $80.00 in a research note on Tuesday, January 16th. JPMorgan Chase & Co. raised their price objective on shares of DuPont de Nemours from $76.00 to $85.00 and gave the company an "overweight" rating in a research note on Friday, March 22nd. Barclays reduced their price objective on shares of DuPont de Nemours from $74.00 to $70.00 and set an "equal weight" rating on the stock in a research note on Monday, February 12th. Finally, Citigroup raised their price objective on shares of DuPont de Nemours from $73.00 to $80.00 and gave the company a "neutral" rating in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, DuPont de Nemours presently has a consensus rating of "Hold" and a consensus target price of $77.90.

DuPont de Nemours Stock Down 3.2 %

DD stock traded down $2.44 during midday trading on Friday, hitting $73.80. The company's stock had a trading volume of 3,193,117 shares, compared to its average volume of 1,967,555. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.43 and a quick ratio of 1.73. DuPont de Nemours, Inc. has a twelve month low of $61.14 and a twelve month high of $78.74. The company's fifty day moving average price is $71.88 and its 200 day moving average price is $72.14. The stock has a market capitalization of $30.85 billion, a P/E ratio of 79.36, a PEG ratio of 2.44 and a beta of 1.40.

DuPont de Nemours (NYSE:DD - Get Free Report) last issued its quarterly earnings results on Tuesday, February 6th. The basic materials company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.02. DuPont de Nemours had a net margin of 3.51% and a return on equity of 6.12%. The firm had revenue of $2.90 billion for the quarter, compared to analyst estimates of $2.92 billion. During the same period in the previous year, the business earned $0.89 EPS. The company's revenue was down 6.6% compared to the same quarter last year. As a group, equities research analysts predict that DuPont de Nemours, Inc. will post 3.48 EPS for the current year.

DuPont de Nemours Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were paid a $0.38 dividend. This is a positive change from DuPont de Nemours's previous quarterly dividend of $0.36. This represents a $1.52 annualized dividend and a yield of 2.06%. The ex-dividend date was Wednesday, February 28th. DuPont de Nemours's payout ratio is presently 163.44%.

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.