Private Trust Co. NA Purchases 282 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Private Trust Co. NA raised its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 5.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,691 shares of the basic materials company’s stock after acquiring an additional 282 shares during the period. Private Trust Co. NA’s holdings in DuPont de Nemours were worth $507,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in DD. Advisors Asset Management Inc. bought a new stake in DuPont de Nemours in the first quarter worth $389,000. Lazard Asset Management LLC boosted its holdings in DuPont de Nemours by 31.0% during the 1st quarter. Lazard Asset Management LLC now owns 7,373 shares of the basic materials company’s stock valued at $564,000 after acquiring an additional 1,744 shares during the period. Price T Rowe Associates Inc. MD grew its position in DuPont de Nemours by 2.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 587,254 shares of the basic materials company’s stock worth $45,025,000 after acquiring an additional 12,646 shares during the last quarter. Tidal Investments LLC increased its stake in DuPont de Nemours by 22.8% in the 1st quarter. Tidal Investments LLC now owns 9,161 shares of the basic materials company’s stock worth $702,000 after purchasing an additional 1,700 shares during the period. Finally, Plato Investment Management Ltd bought a new stake in DuPont de Nemours in the first quarter valued at approximately $165,000. 73.96% of the stock is owned by hedge funds and other institutional investors.

DuPont de Nemours Trading Up 0.0 %

NYSE DD opened at $83.88 on Thursday. The firm has a market capitalization of $35.06 billion, a PE ratio of 44.15, a P/E/G ratio of 2.02 and a beta of 1.35. The stock’s 50 day moving average is $84.71 and its 200 day moving average is $81.84. DuPont de Nemours, Inc. has a twelve month low of $61.14 and a twelve month high of $90.06. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29.

DuPont de Nemours (NYSE:DD) last announced its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.15. The firm had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $3.20 billion. DuPont de Nemours had a net margin of 6.35% and a return on equity of 6.64%. The company’s quarterly revenue was up 4.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.92 EPS. Research analysts forecast that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current fiscal year.

DuPont de Nemours Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be issued a dividend of $0.38 per share. The ex-dividend date is Friday, November 29th. This represents a $1.52 annualized dividend and a dividend yield of 1.81%. DuPont de Nemours’s payout ratio is 80.00%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on DD. Wells Fargo & Company lifted their target price on shares of DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 6th. Morgan Stanley upped their price objective on shares of DuPont de Nemours from $88.00 to $94.00 and gave the company an “equal weight” rating in a research note on Monday, October 21st. Barclays raised their target price on DuPont de Nemours from $84.00 to $85.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 6th. Royal Bank of Canada upped their price target on DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on DuPont de Nemours from $92.00 to $98.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $95.42.

DuPont de Nemours Company 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.