DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by M&T Bank Corp

M&T Bank Corp trimmed its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 0.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,724,523 shares of the basic materials company's stock after selling 9,980 shares during the period. M&T Bank Corp owned about 0.41% of DuPont de Nemours worth $131,495,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Lake Street Advisors Group LLC boosted 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 purchasing an additional 132 shares in the last quarter. Global Trust Asset Management LLC boosted its position 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 worth $704,000 after purchasing an additional 133 shares in the last quarter. Avior Wealth Management LLC boosted its position in DuPont de Nemours by 22.7% during the fourth 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. Howard Capital Management Inc. boosted its position in 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. Finally, Wealthcare Advisory Partners LLC boosted its position in DuPont de Nemours by 5.5% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 2,995 shares of the basic materials company's stock worth $228,000 after purchasing an additional 156 shares in the last quarter. 73.96% of the stock is owned by institutional investors and hedge funds.

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DuPont de Nemours Trading Down 0.7 %

DuPont de Nemours stock traded down $0.55 during trading on Friday, reaching $78.21. 2,160,623 shares of the company were exchanged, compared to its average volume of 2,103,511. DuPont de Nemours, Inc. has a 52-week low of $71.29 and a 52-week high of $90.06. The company has a market capitalization of $32.70 billion, a P/E ratio of 46.83, a PEG ratio of 2.15 and a beta of 1.29. 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 stock's 50 day simple moving average is $78.12 and its two-hundred day simple moving average is $81.30.

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 EPS 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%. On average, equities research analysts expect that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.41 per share. This is a boost from DuPont de Nemours's previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.64 annualized dividend and a yield of 2.10%. DuPont de Nemours's dividend payout ratio (DPR) is 98.20%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. UBS Group increased their price target on DuPont de Nemours from $102.00 to $103.00 and gave the stock a "buy" rating in a research report on Tuesday, February 25th. StockNews.com downgraded DuPont de Nemours from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Royal Bank of Canada decreased their target price on 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. Citigroup raised their target price on DuPont de Nemours from $88.00 to $95.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. Finally, BMO Capital Markets raised their target price on DuPont de Nemours from $105.00 to $112.00 and gave the company an "outperform" rating in a research report on Thursday, February 13th. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $99.17.

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.