DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by St. James Investment Company LLC

St. James Investment Company LLC lessened its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 7.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 472,452 shares of the basic materials company’s stock after selling 38,363 shares during the period. DuPont de Nemours accounts for approximately 5.9% of St. James Investment Company LLC’s portfolio, making the stock its 5th largest holding. St. James Investment Company LLC owned approximately 0.11% of DuPont de Nemours worth $36,346,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Peoples Bank KS acquired a new position in shares of DuPont de Nemours in the third quarter valued at approximately $25,000. Cornerstone Planning Group LLC acquired a new position in shares of DuPont de Nemours in the second quarter valued at approximately $25,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of DuPont de Nemours in the first quarter valued at approximately $26,000. Carmel Capital Partners LLC acquired a new position in shares of DuPont de Nemours in the third quarter valued at approximately $36,000. Finally, AlphaMark Advisors LLC acquired a new position in shares of DuPont de Nemours in the fourth quarter valued at approximately $41,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on DD shares. Wolfe Research started coverage on shares of DuPont de Nemours in a research report on Friday, March 1st. They set a “peer perform” rating for the company. Barclays dropped their price target on shares of DuPont de Nemours from $74.00 to $70.00 and set an “equal weight” rating for the company in a research report on Monday, February 12th. StockNews.com raised shares of DuPont de Nemours from a “sell” rating to a “hold” rating in a research report on Wednesday, February 14th. TheStreet lowered shares of DuPont de Nemours from a “b-” rating to a “c” rating in a research report on Tuesday, February 6th. Finally, Royal Bank of Canada increased their price objective on shares of DuPont de Nemours from $75.00 to $83.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 7th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $77.90.

DuPont de Nemours Stock Down 0.5 %

NYSE DD traded down $0.37 during trading hours on Tuesday, reaching $73.07. 745,209 shares of the company traded hands, compared to its average volume of 3,111,589. DuPont de Nemours, Inc. has a 12 month low of $61.14 and a 12 month high of $78.74. The company has a current ratio of 2.43, a quick ratio of 1.73 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $30.55 billion, a PE ratio of 78.97, a PEG ratio of 2.44 and a beta of 1.40. The company has a 50 day moving average of $72.13 and a two-hundred day moving average of $72.13.

DuPont de Nemours (NYSE:DD) last issued its earnings results on Tuesday, February 6th. The basic materials company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.02. The company had revenue of $2.90 billion for the quarter, compared to analysts’ expectations of $2.92 billion. DuPont de Nemours had a net margin of 3.51% and a return on equity of 6.12%. The firm’s revenue was down 6.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.89 earnings per share. As a group, equities analysts expect that DuPont de Nemours, Inc. will post 3.48 earnings per share for the current year.

DuPont de Nemours Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.08%. This is a boost from DuPont de Nemours’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend was Wednesday, February 28th. DuPont de Nemours’s dividend payout ratio is 163.44%.

Insider Buying and Selling

In related news, insider Michael G. Goss sold 2,354 shares of the stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $72.80, for a total value of $171,371.20. Following the sale, the insider now owns 15,587 shares of the company’s stock, valued at approximately $1,134,733.60. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.56% of the company’s stock.

About DuPont de Nemours

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.