DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Bank of New Hampshire

Bank of New Hampshire lowered its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 13.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,314 shares of the basic materials company’s stock after selling 213 shares during the period. Bank of New Hampshire’s holdings in DuPont de Nemours were worth $100,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Zurich Insurance Group Ltd FI purchased a new position in shares of DuPont de Nemours during the 2nd quarter worth $83,540,000. Renaissance Technologies LLC purchased a new position in DuPont de Nemours during the second quarter worth about $67,665,000. Franklin Resources Inc. increased its position in shares of DuPont de Nemours by 9.8% during the third quarter. Franklin Resources Inc. now owns 6,410,485 shares of the basic materials company’s stock valued at $556,751,000 after acquiring an additional 570,703 shares during the last quarter. Zacks Investment Management purchased a new stake in shares of DuPont de Nemours in the 3rd quarter valued at approximately $42,810,000. Finally, Two Sigma Advisers LP lifted its holdings in shares of DuPont de Nemours by 48.3% in the 3rd quarter. Two Sigma Advisers LP now owns 1,415,900 shares of the basic materials company’s stock worth $126,171,000 after acquiring an additional 461,400 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on DD. Wells Fargo & Company boosted their target price 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. StockNews.com raised DuPont de Nemours from a “hold” rating to a “buy” rating in a research note on Tuesday, December 24th. Citigroup lowered their target price on DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating for the company in a report on Wednesday, December 18th. Barclays increased their price target on shares of DuPont de Nemours from $84.00 to $85.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 6th. Finally, Morgan Stanley lifted their price objective on shares of DuPont de Nemours from $88.00 to $94.00 and gave the company an “equal weight” rating in a report on Monday, October 21st. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $95.25.

DuPont de Nemours Stock Down 0.3 %

Shares of NYSE DD opened at $75.06 on Wednesday. The business has a 50-day moving average of $80.93 and a two-hundred day moving average of $81.69. The company has a market capitalization of $31.37 billion, a price-to-earnings ratio of 39.51, a price-to-earnings-growth ratio of 1.97 and a beta of 1.35. DuPont de Nemours, Inc. has a 1 year low of $61.14 and a 1 year high of $90.06. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.28 and a quick ratio of 1.49.

DuPont de Nemours (NYSE:DD) last posted its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $3.20 billion. During the same quarter in the previous year, the business earned $0.92 earnings per share. The firm’s revenue was up 4.4% compared to the same quarter last year. On average, analysts forecast that DuPont de Nemours, Inc. will post 3.89 earnings per share for the current fiscal year.

DuPont de Nemours Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were given a $0.38 dividend. The ex-dividend date was Friday, November 29th. This represents a $1.52 dividend on an annualized basis and a yield of 2.03%. DuPont de Nemours’s dividend payout ratio (DPR) is presently 80.00%.

About DuPont de Nemours

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.