DuPont de Nemours, Inc. (NYSE:DD) Shares Acquired by Wiley BROS. Aintree Capital LLC

Wiley BROS. Aintree Capital LLC raised its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 7.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,800 shares of the basic materials company’s stock after acquiring an additional 312 shares during the period. Wiley BROS. Aintree Capital LLC’s holdings in DuPont de Nemours were worth $343,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in DD. Fayez Sarofim & Co increased its stake in DuPont de Nemours by 0.7% in the 4th quarter. Fayez Sarofim & Co now owns 23,363 shares of the basic materials company’s stock valued at $1,603,000 after buying an additional 152 shares during the period. Raymond James Trust N.A. increased its stake in DuPont de Nemours by 0.8% in the 1st quarter. Raymond James Trust N.A. now owns 19,653 shares of the basic materials company’s stock valued at $1,411,000 after buying an additional 159 shares during the period. 1620 Investment Advisors Inc. increased its stake in DuPont de Nemours by 3.1% in the 1st quarter. 1620 Investment Advisors Inc. now owns 5,296 shares of the basic materials company’s stock valued at $380,000 after buying an additional 161 shares during the period. Balentine LLC increased its stake in DuPont de Nemours by 1.3% in the 1st quarter. Balentine LLC now owns 12,293 shares of the basic materials company’s stock valued at $882,000 after buying an additional 161 shares during the period. Finally, Cardinal Capital Management increased its stake in DuPont de Nemours by 0.7% in the 1st quarter. Cardinal Capital Management now owns 25,548 shares of the basic materials company’s stock valued at $1,834,000 after buying an additional 165 shares during the period. 76.25% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have commented on DD shares. StockNews.com started coverage on shares of DuPont de Nemours in a research report on Thursday, August 17th. They set a “hold” rating on the stock. Royal Bank of Canada boosted their target price on shares of DuPont de Nemours from $81.00 to $90.00 and gave the stock an “outperform” rating in a research report on Thursday, August 3rd. Mizuho boosted their target price on shares of DuPont de Nemours from $81.00 to $86.00 and gave the stock a “buy” rating in a research report on Thursday, August 3rd. Citigroup boosted their target price on shares of DuPont de Nemours from $72.00 to $75.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 19th. Finally, TheStreet lowered shares of DuPont de Nemours from a “b-” rating to a “c+” rating in a research report on Monday, July 10th. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $79.50.

Insider Activity

In other news, SVP Raj Ratnakar sold 15,838 shares of the company’s stock in a transaction dated Friday, August 25th. The shares were sold at an average price of $74.56, for a total transaction of $1,180,881.28. Following the completion of the transaction, the senior vice president now owns 31,720 shares of the company’s stock, valued at approximately $2,365,043.20. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, SVP Raj Ratnakar sold 15,838 shares of the company’s stock in a transaction dated Friday, August 25th. The shares were sold at an average price of $74.56, for a total transaction of $1,180,881.28. Following the completion of the transaction, the senior vice president now owns 31,720 shares of the company’s stock, valued at approximately $2,365,043.20. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Michael G. Goss sold 7,919 shares of the company’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $77.36, for a total transaction of $612,613.84. Following the transaction, the insider now directly owns 13,363 shares of the company’s stock, valued at approximately $1,033,761.68. The disclosure for this sale can be found here. Insiders sold a total of 74,390 shares of company stock valued at $5,713,502 in the last 90 days. 0.38% of the stock is currently owned by insiders.

DuPont de Nemours Trading Up 1.2 %

NYSE:DD traded up $0.92 on Thursday, reaching $75.10. The stock had a trading volume of 201,485 shares, compared to its average volume of 3,057,471. The company has a market cap of $34.48 billion, a price-to-earnings ratio of 7.65, a P/E/G ratio of 2.25 and a beta of 1.40. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.98 and a quick ratio of 2.35. The firm’s fifty day moving average is $75.30 and its two-hundred day moving average is $71.32. DuPont de Nemours, Inc. has a 12-month low of $49.52 and a 12-month high of $78.74.

DuPont de Nemours (NYSE:DD) last released its earnings results on Wednesday, August 2nd. The basic materials company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.02. The company had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.03 billion. DuPont de Nemours had a net margin of 37.09% and a return on equity of 6.11%. The firm’s quarterly revenue was down 6.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.88 EPS. Equities analysts expect that DuPont de Nemours, Inc. will post 3.45 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Monday, July 31st will be issued a $0.36 dividend. The ex-dividend date of this dividend is Friday, July 28th. This represents a $1.44 dividend on an annualized basis and a yield of 1.92%. DuPont de Nemours’s dividend payout ratio (DPR) is 14.85%.

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 addressing various steps of the manufacturing process.