DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC decreased its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 98.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,716 shares of the basic materials company's stock after selling 248,248 shares during the period. International Assets Investment Management LLC's holdings in DuPont de Nemours were worth $205,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DD. Diversified Trust Co lifted its stake in DuPont de Nemours by 27.5% during the 4th quarter. Diversified Trust Co now owns 8,436 shares of the basic materials company's stock valued at $643,000 after acquiring an additional 1,820 shares during the period. Bangor Savings Bank lifted its position in DuPont de Nemours by 22.6% during the fourth quarter. Bangor Savings Bank now owns 1,075 shares of the basic materials company's stock valued at $82,000 after purchasing an additional 198 shares during the period. Principal Financial Group Inc. lifted its position in DuPont de Nemours by 4.6% during the third quarter. Principal Financial Group Inc. now owns 490,704 shares of the basic materials company's stock valued at $43,727,000 after purchasing an additional 21,435 shares during the period. Garden State Investment Advisory Services LLC purchased a new stake in DuPont de Nemours in the third quarter valued at $203,000. Finally, Franklin Resources Inc. grew its position in DuPont de Nemours by 9.8% during the 3rd quarter. Franklin Resources Inc. now owns 6,410,485 shares of the basic materials company's stock worth $556,751,000 after purchasing an additional 570,703 shares during the period. Institutional investors and hedge funds own 73.96% of the company's stock.

DuPont de Nemours Price Performance

DuPont de Nemours stock traded up $0.88 during midday trading on Tuesday, reaching $75.31. The company had a trading volume of 2,899,728 shares, compared to its average volume of 2,559,654. DuPont de Nemours, Inc. has a 12-month low of $61.14 and a 12-month high of $90.06. The firm's fifty day simple moving average is $80.02 and its 200-day simple moving average is $81.47. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.28 and a quick ratio of 1.49. The company has a market capitalization of $31.48 billion, a P/E ratio of 39.64, a P/E/G ratio of 1.95 and a beta of 1.35.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share for the quarter, beating 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 business had revenue of $3.19 billion for the quarter, compared to the consensus estimate of $3.20 billion. During the same quarter last year, the business posted $0.92 earnings per share. The business's quarterly revenue was up 4.4% compared to the same quarter last year. As a group, equities analysts anticipate that DuPont de Nemours, Inc. will post 3.89 EPS for the current year.

DuPont de Nemours Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date was Friday, November 29th. DuPont de Nemours's dividend payout ratio (DPR) is 80.00%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Wells Fargo & Company upped their target price on DuPont de Nemours from $105.00 to $107.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 6th. StockNews.com lowered DuPont de Nemours from a "buy" rating to a "hold" rating in a research report on Monday. Morgan Stanley lifted their target price 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. Royal Bank of Canada increased their price target on shares of DuPont de Nemours from $102.00 to $104.00 and gave the stock an "outperform" rating in a report on Thursday, November 7th. Finally, Barclays lifted their price objective on shares of DuPont de Nemours from $84.00 to $85.00 and gave the company an "underweight" rating in a report on Wednesday, November 6th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $95.25.

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.