Radnor Capital Management LLC Has $1.75 Million Stock Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Radnor Capital Management LLC boosted its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 4.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,587 shares of the basic materials company’s stock after purchasing an additional 791 shares during the period. Radnor Capital Management LLC’s holdings in DuPont de Nemours were worth $1,745,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Catalina Capital Group LLC grew its stake in shares of DuPont de Nemours by 7.2% in the 3rd quarter. Catalina Capital Group LLC now owns 3,395 shares of the basic materials company’s stock valued at $303,000 after purchasing an additional 228 shares during the period. Crestwood Advisors Group LLC grew its stake in shares of DuPont de Nemours by 8.7% in the 3rd quarter. Crestwood Advisors Group LLC now owns 4,480 shares of the basic materials company’s stock valued at $399,000 after purchasing an additional 360 shares during the period. Amalgamated Bank grew its stake in shares of DuPont de Nemours by 0.3% in the 3rd quarter. Amalgamated Bank now owns 84,117 shares of the basic materials company’s stock valued at $7,496,000 after purchasing an additional 242 shares during the period. Central Bank & Trust Co. grew its position in DuPont de Nemours by 11.9% during the 3rd quarter. Central Bank & Trust Co. now owns 15,640 shares of the basic materials company’s stock worth $1,394,000 after acquiring an additional 1,665 shares during the last quarter. Finally, Quintet Private Bank Europe S.A. grew its position in DuPont de Nemours by 13.3% during the 3rd quarter. Quintet Private Bank Europe S.A. now owns 3,067 shares of the basic materials company’s stock worth $273,000 after acquiring an additional 360 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Royal Bank of Canada increased their price target on DuPont de Nemours from $87.00 to $102.00 and gave the company an “outperform” rating in a research note on Monday, August 5th. Morgan Stanley increased their price target on 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. Deutsche Bank Aktiengesellschaft upped their price objective on shares of DuPont de Nemours from $92.00 to $98.00 and gave the company a “buy” rating in a research report on Thursday, August 1st. Barclays cut shares of DuPont de Nemours from an “equal weight” rating to an “underweight” rating and lowered their price objective for the company from $88.00 to $84.00 in a research report on Monday, October 7th. Finally, Citigroup lowered their target price on DuPont de Nemours from $95.00 to $94.00 and set a “buy” rating for the company in a report on Friday, July 12th. Two analysts have rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $94.83.

DuPont de Nemours Stock Performance

Shares of NYSE:DD opened at $85.67 on Wednesday. The company’s 50 day simple moving average is $84.15 and its 200 day simple moving average is $81.01. The stock has a market capitalization of $35.78 billion, a price-to-earnings ratio of 56.36, a price-to-earnings-growth ratio of 2.18 and a beta of 1.35. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.21 and a quick ratio of 1.44. DuPont de Nemours, Inc. has a 1 year low of $61.14 and a 1 year high of $90.06.

DuPont de Nemours (NYSE:DD) last posted its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share for the quarter, topping 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 5.30% and a return on equity of 6.31%. The company’s revenue was up 4.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.92 earnings per share. As a group, research analysts predict that DuPont de Nemours, Inc. will post 3.76 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be issued a $0.38 dividend. The ex-dividend date is Friday, November 29th. This represents a $1.52 annualized dividend and a yield of 1.77%. DuPont de Nemours’s payout ratio is 100.00%.

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.