DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Ceredex Value Advisors LLC

Ceredex Value Advisors LLC decreased its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 26.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 888,692 shares of the basic materials company's stock after selling 321,780 shares during the period. DuPont de Nemours accounts for about 1.4% of Ceredex Value Advisors LLC's investment portfolio, making the stock its 13th biggest position. Ceredex Value Advisors LLC owned approximately 0.21% of DuPont de Nemours worth $67,763,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of DD. Vanguard Group Inc. lifted its holdings in shares of DuPont de Nemours by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 46,596,215 shares of the basic materials company's stock worth $3,552,961,000 after buying an additional 353,010 shares during the period. Franklin Resources Inc. lifted its stake in DuPont de Nemours by 7.5% in the fourth quarter. Franklin Resources Inc. now owns 6,894,207 shares of the basic materials company's stock worth $525,683,000 after acquiring an additional 483,722 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in DuPont de Nemours by 3.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,868,586 shares of the basic materials company's stock worth $218,730,000 after acquiring an additional 91,108 shares in the last quarter. FMR LLC grew its holdings in DuPont de Nemours by 3.2% during the 4th quarter. FMR LLC now owns 2,828,397 shares of the basic materials company's stock worth $215,665,000 after acquiring an additional 88,479 shares in the last quarter. Finally, Boston Partners increased its position in DuPont de Nemours by 32.7% during the 4th quarter. Boston Partners now owns 2,213,133 shares of the basic materials company's stock valued at $168,759,000 after purchasing an additional 545,087 shares during the period. Institutional investors own 73.96% of the company's stock.

DuPont de Nemours Stock Performance

DD stock traded up $0.88 during trading on Friday, reaching $60.13. The company had a trading volume of 2,748,962 shares, compared to its average volume of 2,379,287. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.88 and a current ratio of 1.33. DuPont de Nemours, Inc. has a twelve month low of $53.77 and a twelve month high of $90.06. The company has a market cap of $25.16 billion, a price-to-earnings ratio of 36.01, a price-to-earnings-growth ratio of 2.15 and a beta of 1.25. The firm has a 50-day simple moving average of $73.41 and a 200-day simple moving average of $78.13.

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

DuPont de Nemours Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.73%. This is a boost from DuPont de Nemours's previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, March 3rd. DuPont de Nemours's dividend payout ratio (DPR) is presently 98.20%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Citigroup dropped their price objective on shares of DuPont de Nemours from $95.00 to $74.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. JPMorgan Chase & Co. dropped their target price on DuPont de Nemours from $101.00 to $76.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Mizuho reduced their price target on DuPont de Nemours from $100.00 to $80.00 and set an "outperform" rating for the company in a research report on Tuesday, April 15th. UBS Group decreased their price objective on DuPont de Nemours from $103.00 to $75.00 and set a "buy" rating for the company in a research note on Tuesday, April 15th. Finally, StockNews.com lowered DuPont de Nemours from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Four research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $87.71.

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.