DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Haverford Trust Co

Haverford Trust Co decreased its position in DuPont de Nemours, Inc. (NYSE:DD) by 4.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 136,837 shares of the basic materials company’s stock after selling 6,727 shares during the quarter. Haverford Trust Co’s holdings in DuPont de Nemours were worth $12,194,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of DD. Empowered Funds LLC lifted its holdings in shares of DuPont de Nemours by 130.4% during the first quarter. Empowered Funds LLC now owns 10,121 shares of the basic materials company’s stock valued at $776,000 after purchasing an additional 5,728 shares during the last quarter. Sei Investments Co. raised its position in DuPont de Nemours by 8.5% during the first quarter. Sei Investments Co. now owns 333,297 shares of the basic materials company’s stock valued at $25,553,000 after buying an additional 26,092 shares during the period. Qsemble Capital Management LP acquired a new position in DuPont de Nemours during the first quarter valued at $299,000. Edmond DE Rothschild Holding S.A. raised its position in DuPont de Nemours by 66.7% during the first quarter. Edmond DE Rothschild Holding S.A. now owns 5,000 shares of the basic materials company’s stock valued at $383,000 after buying an additional 2,000 shares during the period. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its position in DuPont de Nemours by 86.3% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 155,781 shares of the basic materials company’s stock valued at $11,944,000 after buying an additional 72,158 shares during the period. Institutional investors and hedge funds own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

DD has been the topic of several recent analyst reports. Royal Bank of Canada upped their price target on DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Wells Fargo & Company upped their price target on DuPont de Nemours from $105.00 to $107.00 and gave the company an “overweight” rating in a research report on Wednesday, November 6th. Barclays upped their target price on DuPont de Nemours from $84.00 to $85.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft upped their target price on DuPont de Nemours from $92.00 to $98.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Finally, Morgan Stanley upped their target price on DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a research report on Monday, October 21st. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, DuPont de Nemours has a consensus rating of “Moderate Buy” and a consensus price target of $95.42.

DuPont de Nemours Price Performance

Shares of NYSE:DD opened at $82.31 on Wednesday. The business has a 50 day moving average price of $84.30 and a 200 day moving average price of $81.46. DuPont de Nemours, Inc. has a twelve month low of $61.14 and a twelve month high of $90.06. The company has a market cap of $34.40 billion, a price-to-earnings ratio of 43.32, a PEG ratio of 2.00 and a beta of 1.35. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.15. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The firm had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $3.20 billion. During the same period in the prior year, the business posted $0.92 earnings per share. The business’s revenue was up 4.4% compared to the same quarter last year. Research analysts predict that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current year.

DuPont de Nemours Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date of this dividend is Friday, November 29th. DuPont de Nemours’s dividend payout ratio (DPR) is 80.00%.

DuPont de Nemours Company 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.