DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Guggenheim Capital LLC

Guggenheim Capital LLC trimmed its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 73.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,187 shares of the basic materials company's stock after selling 40,159 shares during the period. Guggenheim Capital LLC's holdings in DuPont de Nemours were worth $1,082,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Level Four Advisory Services LLC grew its position in DuPont de Nemours by 2.8% during the 4th quarter. Level Four Advisory Services LLC now owns 4,679 shares of the basic materials company's stock worth $357,000 after purchasing an additional 129 shares during the period. Lake Street Advisors Group LLC grew its holdings in DuPont de Nemours by 3.2% during the fourth quarter. Lake Street Advisors Group LLC now owns 4,231 shares of the basic materials company's stock worth $323,000 after acquiring an additional 132 shares during the period. Global Trust Asset Management LLC lifted its holdings in DuPont de Nemours by 1.5% in the fourth quarter. Global Trust Asset Management LLC now owns 9,227 shares of the basic materials company's stock valued at $704,000 after acquiring an additional 133 shares during the period. Avior Wealth Management LLC boosted its position in DuPont de Nemours by 22.7% in the 4th quarter. Avior Wealth Management LLC now owns 741 shares of the basic materials company's stock worth $57,000 after purchasing an additional 137 shares in the last quarter. Finally, Howard Capital Management Inc. grew its stake in shares of DuPont de Nemours by 5.4% during the 4th quarter. Howard Capital Management Inc. now owns 2,809 shares of the basic materials company's stock worth $214,000 after purchasing an additional 144 shares during the period. Institutional investors and hedge funds own 73.96% of the company's stock.

Analysts Set New Price Targets

DD has been the topic of several analyst reports. Royal Bank of Canada dropped their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating on the stock in a research report on Monday, February 10th. UBS Group cut their price target 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. Citigroup cut their price objective on DuPont de Nemours from $95.00 to $74.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Wolfe Research upgraded DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 target price on the stock in a research report on Friday, January 17th. Finally, Mizuho cut their price target on shares of DuPont de Nemours from $100.00 to $80.00 and set an "outperform" rating for the company in a report on Tuesday, April 15th. Four equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $87.71.

DuPont de Nemours Trading Up 3.0 %

DD opened at $61.89 on Wednesday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.33 and a quick ratio of 0.88. The company's 50 day simple moving average is $72.53 and its two-hundred day simple moving average is $77.76. The firm has a market capitalization of $25.90 billion, a price-to-earnings ratio of 37.06, a price-to-earnings-growth ratio of 2.15 and a beta of 1.25. DuPont de Nemours, Inc. has a 1-year low of $53.77 and a 1-year high of $90.06.

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

DuPont de Nemours Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.41 per share. The ex-dividend date was Monday, March 3rd. This is an increase from DuPont de Nemours's previous quarterly dividend of $0.38. This represents a $1.64 dividend on an annualized basis and a yield of 2.65%. DuPont de Nemours's payout ratio is 98.20%.

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.

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