DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Houlihan Financial Resource Group Ltd.

Houlihan Financial Resource Group Ltd. lessened its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 19.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,057 shares of the basic materials company’s stock after selling 1,652 shares during the quarter. Houlihan Financial Resource Group Ltd.’s holdings in DuPont de Nemours were worth $629,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of DD. Mesirow Financial Investment Management Inc. lifted its stake in DuPont de Nemours by 70.0% in the third quarter. Mesirow Financial Investment Management Inc. now owns 13,328 shares of the basic materials company’s stock valued at $1,188,000 after buying an additional 5,486 shares during the last quarter. RKL Wealth Management LLC purchased a new stake in DuPont de Nemours in the 3rd quarter valued at $214,000. Atria Investments Inc increased its stake in DuPont de Nemours by 16.6% in the third quarter. Atria Investments Inc now owns 31,358 shares of the basic materials company’s stock valued at $2,794,000 after purchasing an additional 4,460 shares during the period. Bridges Investment Management Inc. acquired a new stake in shares of DuPont de Nemours during the third quarter worth about $215,000. Finally, Klingman & Associates LLC grew its holdings in shares of DuPont de Nemours by 62.3% during the third quarter. Klingman & Associates LLC now owns 4,039 shares of the basic materials company’s stock worth $360,000 after buying an additional 1,551 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Trading Down 2.8 %

NYSE DD opened at $84.17 on Friday. The company has a market cap of $35.18 billion, a P/E ratio of 44.30, a P/E/G ratio of 2.14 and a beta of 1.35. DuPont de Nemours, Inc. has a 12 month low of $61.14 and a 12 month high of $90.06. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.28 and a quick ratio of 1.44. The company has a 50-day moving average of $84.31 and a 200-day moving average of $81.28.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.15. DuPont de Nemours had a net margin of 6.35% and a return on equity of 6.64%. The company had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.20 billion. During the same period in the previous year, the company earned $0.92 EPS. The business’s quarterly revenue was up 4.4% compared to the same quarter last year. As a group, equities analysts predict that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current year.

DuPont de Nemours Dividend Announcement

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

Analyst Ratings Changes

DD has been the topic of several analyst reports. Barclays lifted their target price on DuPont de Nemours from $84.00 to $85.00 and gave the company an “underweight” rating in a research note on Wednesday. Royal Bank of Canada lifted their price objective on shares of DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a research report on Thursday. Wells Fargo & Company raised 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. Deutsche Bank Aktiengesellschaft boosted their price target on shares of DuPont de Nemours from $92.00 to $98.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st. Finally, Morgan Stanley lifted their price objective on DuPont de Nemours from $88.00 to $94.00 and gave the company an “equal weight” rating in a report on Monday, October 21st. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target 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.