DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Sei Investments Co.

Sei Investments Co. lessened its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 12.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 317,987 shares of the basic materials company's stock after selling 45,546 shares during the period. Sei Investments Co. owned approximately 0.08% of DuPont de Nemours worth $24,249,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. State Street Corp grew its stake in shares of DuPont de Nemours by 2.4% during the third quarter. State Street Corp now owns 16,983,109 shares of the basic materials company's stock valued at $1,513,365,000 after buying an additional 399,728 shares during the last quarter. Geode Capital Management LLC increased its stake in DuPont de Nemours by 1.0% in the third quarter. Geode Capital Management LLC now owns 9,952,115 shares of the basic materials company's stock worth $883,821,000 after purchasing an additional 100,198 shares during the period. Franklin Resources Inc. lifted its position in shares of DuPont de Nemours by 9.8% during the third 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 last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of DuPont de Nemours by 3.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,868,586 shares of the basic materials company's stock valued at $218,730,000 after purchasing an additional 91,108 shares during the period. Finally, Boston Partners grew its holdings in shares of DuPont de Nemours by 32.7% in the fourth quarter. Boston Partners now owns 2,213,133 shares of the basic materials company's stock worth $168,759,000 after purchasing an additional 545,087 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

Shares of DuPont de Nemours stock traded down $1.96 during trading hours on Friday, reaching $74.00. The stock had a trading volume of 3,562,384 shares, compared to its average volume of 2,221,329. The firm has a market capitalization of $30.94 billion, a PE ratio of 44.31, a PEG ratio of 2.15 and a beta of 1.29. The stock's 50 day moving average is $78.45 and its 200 day moving average is $80.75. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.22. DuPont de Nemours, Inc. has a twelve month low of $72.38 and a twelve month high of $90.06.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a return on equity of 7.12% and a net margin of 5.47%. Equities 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 business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were given a $0.41 dividend. This is a positive change from DuPont de Nemours's previous quarterly dividend of $0.38. The ex-dividend date was Monday, March 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.22%. DuPont de Nemours's dividend payout ratio (DPR) is 98.20%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on DD shares. Wells Fargo & Company decreased their price objective on shares of DuPont de Nemours from $107.00 to $105.00 and set an "overweight" rating for the company in a report on Wednesday, February 12th. StockNews.com downgraded shares of DuPont de Nemours from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. UBS Group increased their price objective on DuPont de Nemours from $102.00 to $103.00 and gave the stock a "buy" rating in a research note on Tuesday, February 25th. Wolfe Research raised DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 target price for the company in a research report on Friday, January 17th. Finally, Barclays raised DuPont de Nemours from an "underweight" rating to an "equal weight" rating and increased their price target for the stock from $85.00 to $89.00 in a research report on Thursday, February 13th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average 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.