DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Aull & Monroe Investment Management Corp

Aull & Monroe Investment Management Corp lessened its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 7.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,466 shares of the basic materials company’s stock after selling 383 shares during the quarter. Aull & Monroe Investment Management Corp’s holdings in DuPont de Nemours were worth $341,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in DD. Hager Investment Management Services LLC purchased a new position in shares of DuPont de Nemours during the 4th quarter valued at approximately $26,000. Byrne Asset Management LLC acquired a new stake in shares of DuPont de Nemours during the 4th quarter worth about $29,000. Vision Financial Markets LLC acquired a new position in DuPont de Nemours in the 4th quarter valued at about $31,000. Golden State Wealth Management LLC acquired a new position in shares of DuPont de Nemours during the fourth quarter worth about $33,000. Finally, Noble Wealth Management PBC purchased a new stake in DuPont de Nemours during the fourth quarter worth approximately $35,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. reduced their price objective on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research note on Wednesday, January 15th. UBS Group upped their target price on DuPont de Nemours from $102.00 to $103.00 and gave the company a “buy” rating in a report on Tuesday, February 25th. Wolfe Research upgraded DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price objective on the stock in a research report on Friday, January 17th. Barclays upgraded DuPont de Nemours from an “underweight” rating to an “equal weight” rating and increased their target price for the stock from $85.00 to $89.00 in a research report on Thursday, February 13th. Finally, Citigroup raised their price objective on DuPont de Nemours from $88.00 to $95.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, DuPont de Nemours has an average rating of “Moderate Buy” and an average price target of $99.17.

DuPont de Nemours Stock Up 2.4 %

DD opened at $79.57 on Thursday. The business has a 50 day moving average of $78.09 and a 200-day moving average of $81.32. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $33.26 billion, a price-to-earnings ratio of 47.65, a P/E/G ratio of 2.15 and a beta of 1.29. DuPont de Nemours, Inc. has a 1-year low of $69.23 and a 1-year high of $90.06.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a return on equity of 7.12% and a net margin of 5.47%. As a group, sell-side analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.06%. This is a boost from DuPont de Nemours’s previous quarterly dividend of $0.38. DuPont de Nemours’s dividend payout ratio (DPR) is 98.20%.

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.