DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC reduced its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 4.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 456,564 shares of the basic materials company’s stock after selling 21,927 shares during the quarter. O Shaughnessy Asset Management LLC owned 0.11% of DuPont de Nemours worth $34,813,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in DD. Hager Investment Management Services LLC bought a new stake in shares of DuPont de Nemours in the 4th quarter valued at approximately $26,000. Byrne Asset Management LLC acquired a new stake in DuPont de Nemours during the fourth quarter worth about $29,000. Vision Financial Markets LLC bought a new position in DuPont de Nemours in the fourth quarter worth about $31,000. Golden State Wealth Management LLC acquired a new position in DuPont de Nemours in the fourth quarter valued at approximately $33,000. Finally, Noble Wealth Management PBC bought a new position in shares of DuPont de Nemours during the fourth quarter valued at approximately $35,000. 73.96% of the stock is owned by institutional investors and hedge funds.

DuPont de Nemours Trading Down 2.6 %

NYSE DD opened at $74.00 on Friday. The firm’s 50 day moving average price is $78.45 and its two-hundred day moving average price is $80.75. The stock has a market cap of $30.94 billion, a price-to-earnings ratio of 44.31, a PEG ratio of 2.15 and a beta of 1.29. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.88 and a current ratio of 1.33. DuPont de Nemours, Inc. has a twelve month low of $72.38 and a twelve month high of $90.06.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.15. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. Equities analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.22%. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change from DuPont de Nemours’s previous quarterly dividend of $0.38. DuPont de Nemours’s payout ratio is presently 98.20%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Wells Fargo & Company reduced their price objective on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating for the company in a research report on Wednesday, February 12th. JPMorgan Chase & Co. lowered their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research report on Wednesday, January 15th. Wolfe Research upgraded shares of DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price objective on the stock in a research report on Friday, January 17th. UBS Group raised their target price on DuPont de Nemours from $102.00 to $103.00 and gave the company a “buy” rating in a research report on Tuesday, February 25th. Finally, BMO Capital Markets boosted their price target on shares of DuPont de Nemours from $105.00 to $112.00 and gave the stock an “outperform” rating in a research report on Thursday, February 13th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $99.17.

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.