Banque Cantonale Vaudoise Purchases 9,176 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Banque Cantonale Vaudoise grew its position in DuPont de Nemours, Inc. (NYSE:DDFree Report) by 59.4% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 24,612 shares of the basic materials company’s stock after buying an additional 9,176 shares during the period. Banque Cantonale Vaudoise’s holdings in DuPont de Nemours were worth $1,887,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Northwest Financial Advisors bought a new stake in shares of DuPont de Nemours in the 4th quarter valued at about $25,000. Cassady Schiller Wealth Management LLC boosted its stake in DuPont de Nemours by 153.5% in the 4th quarter. Cassady Schiller Wealth Management LLC now owns 431 shares of the basic materials company’s stock worth $33,000 after purchasing an additional 261 shares in the last quarter. Neo Ivy Capital Management acquired a new stake in DuPont de Nemours in the 4th quarter worth approximately $40,000. Grove Bank & Trust boosted its stake in DuPont de Nemours by 55.1% in the 4th quarter. Grove Bank & Trust now owns 529 shares of the basic materials company’s stock worth $41,000 after purchasing an additional 188 shares in the last quarter. Finally, AlphaMark Advisors LLC acquired a new stake in DuPont de Nemours in the 4th quarter worth approximately $41,000. 73.96% of the stock is currently owned by institutional investors.

DuPont de Nemours Stock Performance

Shares of NYSE:DD traded down $0.44 during trading on Friday, hitting $79.43. 742,753 shares of the stock traded hands, compared to its average volume of 2,898,689. The company has a quick ratio of 1.61, a current ratio of 2.33 and a debt-to-equity ratio of 0.32. The company has a market cap of $33.21 billion, a price-to-earnings ratio of 97.42, a P/E/G ratio of 2.52 and a beta of 1.36. The company has a fifty day moving average price of $78.12 and a two-hundred day moving average price of $74.20. DuPont de Nemours, Inc. has a 52-week low of $61.14 and a 52-week high of $82.63.

DuPont de Nemours (NYSE:DDGet Free Report) last posted its earnings results on Wednesday, May 1st. The basic materials company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.14. The firm had revenue of $2.93 billion during the quarter, compared to analyst estimates of $2.81 billion. DuPont de Nemours had a net margin of 2.75% and a return on equity of 6.07%. The business’s quarterly revenue was down 2.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.84 EPS. As a group, equities analysts predict that DuPont de Nemours, Inc. will post 3.63 EPS for the current year.

DuPont de Nemours Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Friday, May 31st were issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.91%. The ex-dividend date of this dividend was Friday, May 31st. DuPont de Nemours’s dividend payout ratio (DPR) is 185.37%.

Analyst Ratings Changes

DD has been the subject of a number of recent analyst reports. Jefferies Financial Group upgraded shares of DuPont de Nemours from a “hold” rating to a “buy” rating and lifted their target price for the stock from $78.00 to $101.00 in a research note on Friday, May 17th. Mizuho lifted their target price on shares of DuPont de Nemours from $83.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, May 23rd. BMO Capital Markets upgraded shares of DuPont de Nemours from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from $83.00 to $96.00 in a research note on Thursday, May 23rd. UBS Group lifted their target price on shares of DuPont de Nemours from $93.00 to $98.00 and gave the stock a “buy” rating in a research note on Wednesday, May 29th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of DuPont de Nemours from $85.00 to $88.00 and gave the company an “overweight” rating in a research note on Thursday, May 2nd. One analyst has rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $91.09.

Check Out Our Latest Stock Report on DD

Insider Activity

In other news, insider Leland Weaver sold 18,500 shares of DuPont de Nemours stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $78.40, for a total transaction of $1,450,400.00. Following the completion of the transaction, the insider now directly owns 24,476 shares of the company’s stock, valued at approximately $1,918,918.40. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other DuPont de Nemours news, insider Michael G. Goss sold 1,339 shares of the company’s stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $78.33, for a total transaction of $104,883.87. Following the completion of the transaction, the insider now directly owns 14,012 shares in the company, valued at $1,097,559.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Leland Weaver sold 18,500 shares of the company’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $78.40, for a total transaction of $1,450,400.00. Following the transaction, the insider now owns 24,476 shares of the company’s stock, valued at $1,918,918.40. The disclosure for this sale can be found here. Insiders own 0.56% of the company’s stock.

About DuPont de Nemours

(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.

Read More

Want to see what other hedge funds are holding DD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DuPont de Nemours, Inc. (NYSE:DDFree Report).

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

Receive News & Ratings for DuPont de Nemours Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DuPont de Nemours and related companies with MarketBeat.com's FREE daily email newsletter.