DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Crowley Wealth Management Inc.

Crowley Wealth Management Inc. lessened its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 19.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,065 shares of the basic materials company’s stock after selling 258 shares during the period. Crowley Wealth Management Inc.’s holdings in DuPont de Nemours were worth $80,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Level Four Advisory Services LLC boosted its position in shares of DuPont de Nemours by 2.8% in the fourth quarter. Level Four Advisory Services LLC now owns 4,679 shares of the basic materials company’s stock worth $357,000 after buying an additional 129 shares during the period. Lake Street Advisors Group LLC boosted its position in shares of DuPont de Nemours by 3.2% in the fourth quarter. Lake Street Advisors Group LLC now owns 4,231 shares of the basic materials company’s stock worth $323,000 after buying an additional 132 shares during the period. Hancock Whitney Corp lifted its stake in shares of DuPont de Nemours by 2.6% in the fourth quarter. Hancock Whitney Corp now owns 5,625 shares of the basic materials company’s stock worth $429,000 after acquiring an additional 143 shares in the last quarter. Howard Capital Management Inc. lifted its stake in shares of DuPont de Nemours by 5.4% in the fourth quarter. Howard Capital Management Inc. now owns 2,809 shares of the basic materials company’s stock worth $214,000 after acquiring an additional 144 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich lifted its stake in shares of DuPont de Nemours by 7.4% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,117 shares of the basic materials company’s stock worth $178,000 after acquiring an additional 146 shares in the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Price Performance

DD opened at $68.45 on Friday. The stock has a market cap of $28.65 billion, a price-to-earnings ratio of 40.99, a PEG ratio of 2.15 and a beta of 1.05. DuPont de Nemours, Inc. has a 1 year low of $53.77 and a 1 year high of $90.06. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.22. The stock has a fifty day moving average price of $65.41 and a 200 day moving average price of $73.58.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings data on Friday, May 2nd. The basic materials company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.08. The firm had revenue of $3.07 billion during the quarter, compared to analysts’ expectations of $3.05 billion. DuPont de Nemours had a return on equity of 7.12% and a net margin of 5.47%. The business’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.79 earnings per share. Analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Friday, May 30th will be issued a dividend of $0.41 per share. The ex-dividend date is Friday, May 30th. This represents a $1.64 annualized dividend and a yield of 2.40%. DuPont de Nemours’s dividend payout ratio (DPR) is currently -863.16%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Bank of America upgraded DuPont de Nemours from an “underperform” rating to a “neutral” rating and cut their price target for the stock from $80.00 to $75.00 in a research note on Tuesday, April 15th. UBS Group boosted their price target on DuPont de Nemours from $79.00 to $85.00 and gave the stock a “buy” rating in a research note on Wednesday, May 21st. Wall Street Zen cut DuPont de Nemours from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Wells Fargo & Company cut their price objective on DuPont de Nemours from $105.00 to $81.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 9th. Finally, Royal Bank of Canada cut their price objective on DuPont de Nemours from $101.00 to $90.00 and set an “outperform” rating on the stock in a research note on Thursday, April 24th. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and a consensus price target of $85.92.

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.