DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Truist Financial Corp

Truist Financial Corp cut its holdings in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 13.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 183,128 shares of the basic materials company's stock after selling 27,301 shares during the period. Truist Financial Corp's holdings in DuPont de Nemours were worth $13,964,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Fortitude Family Office LLC increased its position in DuPont de Nemours by 32.0% during the third quarter. Fortitude Family Office LLC now owns 544 shares of the basic materials company's stock worth $48,000 after purchasing an additional 132 shares during the last quarter. Global Trust Asset Management LLC increased its holdings in shares of DuPont de Nemours by 1.5% during the 4th quarter. Global Trust Asset Management LLC now owns 9,227 shares of the basic materials company's stock worth $704,000 after buying an additional 133 shares during the last quarter. Avior Wealth Management LLC increased its holdings in shares of DuPont de Nemours by 22.7% during the 4th quarter. Avior Wealth Management LLC now owns 741 shares of the basic materials company's stock worth $57,000 after buying an additional 137 shares during the last quarter. Focus Financial Network Inc. raised its position in shares of DuPont de Nemours by 3.7% in the 3rd quarter. Focus Financial Network Inc. now owns 3,973 shares of the basic materials company's stock worth $354,000 after buying an additional 143 shares during the period. Finally, Busey Bank boosted its holdings in DuPont de Nemours by 4.7% in the third quarter. Busey Bank now owns 3,243 shares of the basic materials company's stock valued at $289,000 after acquiring an additional 145 shares during the last quarter. Hedge funds and other institutional investors own 73.96% of the company's stock.

DuPont de Nemours Stock Up 0.2 %

Shares of DD stock traded up $0.17 during trading hours on Monday, hitting $81.82. 2,192,447 shares of the company were exchanged, compared to its average volume of 2,528,344. The stock has a market capitalization of $34.20 billion, a price-to-earnings ratio of 48.99, a P/E/G ratio of 2.15 and a beta of 1.34. DuPont de Nemours, Inc. has a one year low of $68.21 and a one year high of $90.06. The business's 50-day simple moving average is $77.72 and its two-hundred day simple moving average is $81.27. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.88 and a current ratio of 1.33.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its earnings results 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%. Sell-side analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS 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 issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.00%. This is a boost from DuPont de Nemours's previous quarterly dividend of $0.38. The ex-dividend date is Monday, March 3rd. DuPont de Nemours's dividend payout ratio is 91.02%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Wells Fargo & Company cut their price objective on DuPont de Nemours from $107.00 to $105.00 and set an "overweight" rating on the stock in a report on Wednesday, February 12th. Citigroup raised their price target on shares of DuPont de Nemours from $88.00 to $95.00 and gave the company a "buy" rating in a report on Thursday, February 13th. BMO Capital Markets boosted their price objective 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. Barclays upgraded shares of DuPont de Nemours from an "underweight" rating to an "equal weight" rating and lifted their target price for the company from $85.00 to $89.00 in a report on Thursday, February 13th. Finally, JPMorgan Chase & Co. lowered their price target on DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating for the company in a report on Wednesday, January 15th. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $98.75.

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.