DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. cut its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 2.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 814,344 shares of the basic materials company's stock after selling 21,350 shares during the quarter. PNC Financial Services Group Inc. owned 0.19% of DuPont de Nemours worth $62,094,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Choreo LLC raised its position in DuPont de Nemours by 23.4% in the fourth quarter. Choreo LLC now owns 43,307 shares of the basic materials company's stock valued at $3,296,000 after purchasing an additional 8,205 shares during the last quarter. Merit Financial Group LLC raised its position in DuPont de Nemours by 36.4% during the 4th quarter. Merit Financial Group LLC now owns 18,496 shares of the basic materials company's stock worth $1,410,000 after purchasing an additional 4,939 shares during the last quarter. Jennison Associates LLC raised its position in DuPont de Nemours by 2.0% during the 3rd quarter. Jennison Associates LLC now owns 491,028 shares of the basic materials company's stock worth $43,756,000 after purchasing an additional 9,730 shares during the last quarter. Grandfield & Dodd LLC raised its position in DuPont de Nemours by 72.0% during the 4th quarter. Grandfield & Dodd LLC now owns 7,538 shares of the basic materials company's stock worth $575,000 after purchasing an additional 3,155 shares during the last quarter. Finally, Principal Financial Group Inc. raised its position in DuPont de Nemours by 4.6% during the 3rd quarter. Principal Financial Group Inc. now owns 490,704 shares of the basic materials company's stock worth $43,727,000 after purchasing an additional 21,435 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors.

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DuPont de Nemours Price Performance

DD stock traded down $1.30 during trading on Monday, hitting $76.85. The stock had a trading volume of 2,055,721 shares, compared to its average volume of 2,102,947. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.33 and a quick ratio of 0.88. DuPont de Nemours, Inc. has a twelve month low of $71.34 and a twelve month high of $90.06. The stock has a market capitalization of $32.13 billion, a P/E ratio of 46.02, a PEG ratio of 2.15 and a beta of 1.29. The company's 50-day moving average price is $78.17 and its two-hundred day moving average price is $81.28.

DuPont de Nemours (NYSE:DD - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (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%. As a group, research analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.13%. This is a positive change from DuPont de Nemours's previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Monday, March 3rd. DuPont de Nemours's dividend payout ratio (DPR) is presently 98.20%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on DD shares. Barclays raised shares of DuPont de Nemours from an "underweight" rating to an "equal weight" rating and lifted their target price for the stock from $85.00 to $89.00 in a research note on Thursday, February 13th. Citigroup upped their price target on DuPont de Nemours from $88.00 to $95.00 and gave the stock a "buy" rating in a report on Thursday, February 13th. Royal Bank of Canada reduced their target price on DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating for the company in a report on Monday, February 10th. BMO Capital Markets raised their price target on shares of DuPont de Nemours from $105.00 to $112.00 and gave the stock an "outperform" rating in a research note on Thursday, February 13th. Finally, JPMorgan Chase & Co. reduced their target price on shares of DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating for the company in a research note on Wednesday, January 15th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $99.17.

DuPont de Nemours Company 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.