DuPont de Nemours, Inc. (NYSE:DD) Shares Purchased by Secure Asset Management LLC

Secure Asset Management LLC raised its stake in shares of DuPont de Nemours, Inc. (NYSE:DDFree Report) by 10.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,171 shares of the basic materials company’s stock after buying an additional 394 shares during the period. Secure Asset Management LLC’s holdings in DuPont de Nemours were worth $321,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Miracle Mile Advisors LLC grew its stake in shares of DuPont de Nemours by 7.2% in the 4th quarter. Miracle Mile Advisors LLC now owns 13,200 shares of the basic materials company’s stock worth $1,015,000 after purchasing an additional 881 shares during the last quarter. BLB&B Advisors LLC grew its stake in shares of DuPont de Nemours by 10.1% in the 4th quarter. BLB&B Advisors LLC now owns 3,277 shares of the basic materials company’s stock worth $252,000 after purchasing an additional 300 shares during the last quarter. AlphaMark Advisors LLC acquired a new position in shares of DuPont de Nemours in the 4th quarter worth approximately $41,000. Blue Trust Inc. grew its stake in shares of DuPont de Nemours by 6.0% in the 4th quarter. Blue Trust Inc. now owns 9,572 shares of the basic materials company’s stock worth $714,000 after purchasing an additional 542 shares during the last quarter. Finally, Peak Financial Management Inc. acquired a new position in shares of DuPont de Nemours in the 4th quarter worth approximately $204,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

Insiders Place Their Bets

In other DuPont de Nemours news, insider Michael G. Goss sold 2,354 shares of the firm’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $72.80, for a total transaction of $171,371.20. Following the sale, the insider now directly owns 15,587 shares in the company, valued at approximately $1,134,733.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.50% of the company’s stock.

DuPont de Nemours Stock Performance

DuPont de Nemours stock opened at $76.67 on Monday. The company has a market cap of $32.02 billion, a PE ratio of 82.44, a PEG ratio of 2.54 and a beta of 1.40. The company’s 50-day moving average is $69.73 and its two-hundred day moving average is $71.97. The company has a current ratio of 2.43, a quick ratio of 1.73 and a debt-to-equity ratio of 0.32. DuPont de Nemours, Inc. has a 1 year low of $61.14 and a 1 year high of $78.74.

DuPont de Nemours (NYSE:DDGet Free Report) last announced its earnings results on Tuesday, February 6th. The basic materials company reported $0.87 EPS for the quarter, topping the consensus estimate of $0.85 by $0.02. The firm had revenue of $2.90 billion for the quarter, compared to the consensus estimate of $2.92 billion. DuPont de Nemours had a net margin of 3.51% and a return on equity of 6.12%. The business’s quarterly revenue was down 6.6% on a year-over-year basis. During the same period last year, the company posted $0.89 EPS. Equities analysts anticipate that DuPont de Nemours, Inc. will post 3.46 earnings per share for the current year.

DuPont de Nemours Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were issued a dividend of $0.38 per share. This is an increase from DuPont de Nemours’s previous quarterly dividend of $0.36. This represents a $1.52 annualized dividend and a yield of 1.98%. The ex-dividend date of this dividend was Wednesday, February 28th. DuPont de Nemours’s dividend payout ratio (DPR) is 163.44%.

Analyst Upgrades and Downgrades

Several brokerages have commented on DD. Royal Bank of Canada raised their target price on shares of DuPont de Nemours from $75.00 to $83.00 and gave the stock an “outperform” rating in a report on Wednesday, February 7th. Barclays decreased their target price on shares of DuPont de Nemours from $74.00 to $70.00 and set an “equal weight” rating for the company in a report on Monday, February 12th. StockNews.com upgraded shares of DuPont de Nemours from a “sell” rating to a “hold” rating in a report on Wednesday, February 14th. Mizuho decreased their price target on shares of DuPont de Nemours from $80.00 to $76.00 and set a “buy” rating for the company in a report on Wednesday, February 7th. Finally, BMO Capital Markets cut shares of DuPont de Nemours from an “outperform” rating to a “market perform” rating and decreased their price target for the stock from $80.00 to $72.00 in a report on Wednesday, January 24th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $76.60.

Get Our Latest Analysis on DuPont de Nemours

DuPont de Nemours Profile

(Free Report)

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.

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

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