DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Clifford Swan Investment Counsel LLC

Clifford Swan Investment Counsel LLC lessened its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 0.5% in the 4th quarter, HoldingsChannel reports. The fund owned 310,578 shares of the basic materials company’s stock after selling 1,502 shares during the period. DuPont de Nemours accounts for about 0.9% of Clifford Swan Investment Counsel LLC’s portfolio, making the stock its 29th biggest holding. Clifford Swan Investment Counsel LLC’s holdings in DuPont de Nemours were worth $23,893,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Stratos Wealth Partners LTD. lifted its position in shares of DuPont de Nemours by 25.3% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 10,113 shares of the basic materials company’s stock worth $754,000 after purchasing an additional 2,044 shares during the last quarter. Brown Advisory Inc. raised its stake in DuPont de Nemours by 0.3% in the third quarter. Brown Advisory Inc. now owns 347,416 shares of the basic materials company’s stock valued at $25,914,000 after buying an additional 957 shares in the last quarter. Cutler Investment Counsel LLC lifted its holdings in DuPont de Nemours by 0.3% during the 3rd quarter. Cutler Investment Counsel LLC now owns 110,944 shares of the basic materials company’s stock worth $8,275,000 after buying an additional 382 shares during the last quarter. Everhart Financial Group Inc. lifted its holdings in DuPont de Nemours by 8.4% during the 3rd quarter. Everhart Financial Group Inc. now owns 4,452 shares of the basic materials company’s stock worth $332,000 after buying an additional 345 shares during the last quarter. Finally, Lindbrook Capital LLC boosted its position in shares of DuPont de Nemours by 12.8% during the 3rd quarter. Lindbrook Capital LLC now owns 2,845 shares of the basic materials company’s stock worth $212,000 after acquiring an additional 322 shares in the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

DuPont de Nemours Stock Performance

Shares of NYSE DD traded down $0.08 during midday trading on Friday, reaching $77.67. 2,391,431 shares of the company were exchanged, compared to its average volume of 2,373,408. The stock has a market cap of $32.47 billion, a P/E ratio of 94.72, a PEG ratio of 2.48 and a beta of 1.39. DuPont de Nemours, Inc. has a 1 year low of $61.14 and a 1 year high of $79.19. The stock has a fifty day simple moving average of $73.93 and a 200 day simple moving average of $72.08. The company has a current ratio of 2.33, a quick ratio of 1.73 and a debt-to-equity ratio of 0.32.

DuPont de Nemours (NYSE:DD) last announced its earnings results on Wednesday, May 1st. The basic materials company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.14. DuPont de Nemours had a return on equity of 6.07% and a net margin of 2.75%. The company had revenue of $2.93 billion for the quarter, compared to the consensus estimate of $2.81 billion. During the same period last year, the business posted $0.84 EPS. The company’s revenue was down 2.9% on a year-over-year basis. On average, research analysts forecast that DuPont de Nemours, Inc. will post 3.61 earnings per share for the current fiscal year.

DuPont de Nemours Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Friday, May 31st will be given a dividend of $0.38 per share. The ex-dividend date of this dividend is Friday, May 31st. This represents a $1.52 dividend on an annualized basis and a yield of 1.96%. DuPont de Nemours’s payout ratio is currently 185.37%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on DD. StockNews.com upgraded DuPont de Nemours from a “sell” rating to a “hold” rating in a research note on Wednesday, February 14th. Mizuho upped their target price on shares of DuPont de Nemours from $76.00 to $83.00 and gave the company a “buy” rating in a report on Thursday. Royal Bank of Canada increased their target price on shares of DuPont de Nemours from $75.00 to $83.00 and gave the company an “outperform” rating in a research report on Wednesday, February 7th. BMO Capital Markets cut shares of DuPont de Nemours from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $80.00 to $72.00 in a research report on Wednesday, January 24th. Finally, TheStreet lowered DuPont de Nemours from a “b-” rating to a “c” rating in a report on Tuesday, February 6th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat, DuPont de Nemours presently has a consensus rating of “Hold” and an average target price of $80.00.

Insider Transactions at DuPont de Nemours

In other news, insider Michael G. Goss sold 2,354 shares of the business’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $72.80, for a total transaction of $171,371.20. Following the transaction, the insider now directly owns 15,587 shares in the company, valued at $1,134,733.60. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company 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.