DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Loring Wolcott & Coolidge Fiduciary Advisors LLP MA

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA cut its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 1.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,264 shares of the basic materials company’s stock after selling 340 shares during the quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in DuPont de Nemours were worth $2,559,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in DD. Peoples Bank KS purchased a new stake in shares of DuPont de Nemours during the third quarter worth approximately $25,000. Carmel Capital Partners LLC purchased a new stake in DuPont de Nemours in the 3rd quarter valued at $36,000. AlphaMark Advisors LLC purchased a new stake in DuPont de Nemours in the 4th quarter valued at $41,000. Grove Bank & Trust grew its holdings in DuPont de Nemours by 55.1% in the 4th quarter. Grove Bank & Trust now owns 529 shares of the basic materials company’s stock valued at $41,000 after buying an additional 188 shares in the last quarter. Finally, Arlington Trust Co LLC purchased a new stake in DuPont de Nemours in the 4th quarter valued at $44,000. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

DuPont de Nemours Stock Down 0.2 %

Shares of DD traded down $0.18 during mid-day trading on Tuesday, reaching $73.73. The company’s stock had a trading volume of 713,490 shares, compared to its average volume of 3,042,573. DuPont de Nemours, Inc. has a 12-month low of $61.14 and a 12-month high of $78.74. The stock has a market cap of $30.82 billion, a PE ratio of 79.47, a price-to-earnings-growth ratio of 2.44 and a beta of 1.40. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.43 and a quick ratio of 1.73. The company’s 50 day moving average is $72.76 and its 200 day moving average is $72.12.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings results on Tuesday, February 6th. The basic materials company reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.02. The firm had revenue of $2.90 billion for the quarter, compared to the consensus estimate of $2.92 billion. DuPont de Nemours had a return on equity of 6.12% and a net margin of 3.51%. The firm’s quarterly revenue was down 6.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.89 EPS. Equities analysts anticipate that DuPont de Nemours, Inc. will post 3.49 EPS for the current fiscal year.

DuPont de Nemours Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Investors of record on Friday, May 31st will be paid a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, May 30th. This represents a $1.52 dividend on an annualized basis and a yield of 2.06%. DuPont de Nemours’s dividend payout ratio is presently 163.44%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on DD shares. Wolfe Research started coverage on DuPont de Nemours in a research note on Friday, March 1st. They issued a “peer perform” rating on the stock. Mizuho decreased their target price on DuPont de Nemours from $80.00 to $76.00 and set a “buy” rating on the stock in a research note on Wednesday, February 7th. Bank of America lowered DuPont de Nemours from a “buy” rating to an “underperform” rating and increased their target price for the stock from $78.00 to $80.00 in a research note on Tuesday, January 16th. BMO Capital Markets lowered DuPont de Nemours from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $80.00 to $72.00 in a research note on Wednesday, January 24th. Finally, TheStreet lowered DuPont de Nemours from a “b-” rating to a “c” rating in a research note on Tuesday, February 6th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $77.90.

Insider Buying and Selling

In other DuPont de Nemours news, insider Michael G. Goss sold 2,354 shares of the stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $72.80, for a total transaction of $171,371.20. Following the completion of the sale, the insider now directly owns 15,587 shares of the company’s stock, valued at approximately $1,134,733.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.56% of the stock is currently owned by company insiders.

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.