Teachers Retirement System of The State of Kentucky Has $2.72 Million Stock Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Teachers Retirement System of The State of Kentucky cut its position in DuPont de Nemours, Inc. (NYSE:DDGet Rating) by 4.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,001 shares of the basic materials company’s stock after selling 1,610 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in DuPont de Nemours were worth $2,723,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in DD. Parkside Financial Bank & Trust boosted its stake in DuPont de Nemours by 7.8% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,045 shares of the basic materials company’s stock valued at $165,000 after purchasing an additional 148 shares during the last quarter. Edge Capital Group LLC boosted its stake in DuPont de Nemours by 2.3% during the 1st quarter. Edge Capital Group LLC now owns 6,807 shares of the basic materials company’s stock valued at $501,000 after purchasing an additional 151 shares during the last quarter. Summit Financial Group Inc. boosted its stake in DuPont de Nemours by 1.5% during the 1st quarter. Summit Financial Group Inc. now owns 10,474 shares of the basic materials company’s stock valued at $770,000 after purchasing an additional 154 shares during the last quarter. Fortitude Advisory Group L.L.C. boosted its stake in DuPont de Nemours by 6.6% during the 1st quarter. Fortitude Advisory Group L.L.C. now owns 2,536 shares of the basic materials company’s stock valued at $187,000 after purchasing an additional 158 shares during the last quarter. Finally, Glassman Wealth Services boosted its stake in DuPont de Nemours by 19.1% during the 4th quarter. Glassman Wealth Services now owns 1,053 shares of the basic materials company’s stock valued at $85,000 after purchasing an additional 169 shares during the last quarter. 72.43% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Stock Up 2.5 %

DD opened at $55.33 on Tuesday. The company has a fifty day moving average price of $57.99 and a 200-day moving average price of $63.45. The firm has a market capitalization of $27.71 billion, a P/E ratio of 15.20, a price-to-earnings-growth ratio of 1.74 and a beta of 1.43. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.55 and a quick ratio of 2.12. DuPont de Nemours, Inc. has a one year low of $52.56 and a one year high of $85.16.

DuPont de Nemours (NYSE:DDGet Rating) last released its quarterly earnings results on Tuesday, August 2nd. The basic materials company reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.13. The firm had revenue of $3.32 billion during the quarter, compared to analyst estimates of $3.26 billion. DuPont de Nemours had a net margin of 12.35% and a return on equity of 7.54%. The business’s revenue for the quarter was down 19.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.06 EPS. Equities research analysts expect that DuPont de Nemours, Inc. will post 3.35 earnings per share for the current fiscal year.

DuPont de Nemours Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 15th. Investors of record on Friday, July 29th were given a $0.33 dividend. The ex-dividend date was Thursday, July 28th. This represents a $1.32 annualized dividend and a yield of 2.39%. DuPont de Nemours’s dividend payout ratio (DPR) is presently 36.26%.

Analyst Ratings Changes

Several equities analysts have commented on DD shares. Wells Fargo & Company dropped their target price on shares of DuPont de Nemours from $83.00 to $72.00 and set an “overweight” rating on the stock in a research report on Friday, July 8th. Jefferies Financial Group cut shares of DuPont de Nemours from a “buy” rating to a “hold” rating and dropped their target price for the stock from $92.00 to $60.00 in a research report on Thursday, June 16th. UBS Group dropped their target price on shares of DuPont de Nemours from $96.00 to $87.00 in a research report on Wednesday, July 13th. KeyCorp dropped their target price on shares of DuPont de Nemours from $96.00 to $82.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 20th. Finally, Bank of America lowered their price target on shares of DuPont de Nemours from $77.00 to $73.00 in a report on Wednesday, July 13th. Four research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $79.00.

About DuPont de Nemours

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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 three segments: Electronics & Industrial, Mobility & Materials, and Water & Protection. The Electronics & Industrial segment supplies materials and printing systems to the advanced printing industry; and materials and solutions for the fabrication of semiconductors and integrated circuits addressing front-end and back-end of the manufacturing process.

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Institutional Ownership by Quarter for DuPont de Nemours (NYSE:DD)

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