DuPont de Nemours, Inc. (NYSE:DD) Stock Holdings Trimmed by Legal & General Group Plc

Legal & General Group Plc trimmed its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 21.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,945,816 shares of the basic materials company's stock after selling 794,387 shares during the quarter. Legal & General Group Plc owned about 0.70% of DuPont de Nemours worth $224,618,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Level Four Advisory Services LLC increased its position in shares of DuPont de Nemours by 2.8% in the fourth quarter. Level Four Advisory Services LLC now owns 4,679 shares of the basic materials company's stock valued at $357,000 after buying an additional 129 shares in the last quarter. Lake Street Advisors Group LLC raised its position 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% during 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 purchasing an additional 133 shares in the last quarter. Avior Wealth Management LLC grew its position in shares of DuPont de Nemours by 22.7% in the fourth quarter. Avior Wealth Management LLC now owns 741 shares of the basic materials company's stock valued at $57,000 after purchasing an additional 137 shares during the period. Finally, Howard Capital Management Inc. increased its stake in shares of DuPont de Nemours by 5.4% during the fourth 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 in the last quarter. Hedge funds and other institutional investors own 73.96% of the company's stock.

DuPont de Nemours Trading Down 0.2 %

Shares of DD stock traded down $0.11 on Tuesday, reaching $60.86. 792,512 shares of the stock were exchanged, compared to its average volume of 2,359,115. DuPont de Nemours, Inc. has a 1-year low of $53.77 and a 1-year high of $90.06. The stock has a market cap of $25.47 billion, a P/E ratio of 36.44, a price-to-earnings-growth ratio of 2.15 and a beta of 1.25. The company has a quick ratio of 0.88, a current ratio of 1.33 and a debt-to-equity ratio of 0.22. The firm has a 50 day moving average of $74.82 and a two-hundred day moving average of $78.85.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. On average, research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were given a $0.41 dividend. This is a boost 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 2.69%. The ex-dividend date of this dividend was Monday, March 3rd. DuPont de Nemours's dividend payout ratio is presently 98.20%.

Analyst Ratings Changes

DD has been the subject of several research reports. UBS Group cut 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. Barclays raised DuPont de Nemours from an "underweight" rating to an "equal weight" rating and increased their price objective for the company from $85.00 to $89.00 in a research note on Thursday, February 13th. Mizuho lowered their target price on shares of DuPont de Nemours from $100.00 to $80.00 and set an "outperform" rating on the stock in a research note on Tuesday. Citigroup reduced their target price on shares of 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. Finally, Wells Fargo & Company lowered their price target on shares of DuPont de Nemours from $105.00 to $81.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 9th. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price 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.