DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by CHICAGO TRUST Co NA

CHICAGO TRUST Co NA lowered its position in DuPont de Nemours, Inc. (NYSE:DD) by 1.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,826 shares of the basic materials company’s stock after selling 276 shares during the quarter. CHICAGO TRUST Co NA’s holdings in DuPont de Nemours were worth $1,664,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brookstone Capital Management raised its position in DuPont de Nemours by 2.8% during the fourth quarter. Brookstone Capital Management now owns 91,817 shares of the basic materials company’s stock worth $7,001,000 after acquiring an additional 2,525 shares during the last quarter. Trust Co. of Toledo NA OH increased its stake in shares of DuPont de Nemours by 4.4% during the 4th quarter. Trust Co. of Toledo NA OH now owns 18,973 shares of the basic materials company’s stock worth $1,447,000 after purchasing an additional 792 shares in the last quarter. Fiduciary Alliance LLC acquired a new position in shares of DuPont de Nemours during the 4th quarter worth approximately $249,000. Czech National Bank lifted its stake in DuPont de Nemours by 6.6% in the 4th quarter. Czech National Bank now owns 90,621 shares of the basic materials company’s stock valued at $6,910,000 after buying an additional 5,573 shares in the last quarter. Finally, Harbor Capital Advisors Inc. grew its holdings in DuPont de Nemours by 2.5% during the 4th quarter. Harbor Capital Advisors Inc. now owns 13,018 shares of the basic materials company’s stock valued at $993,000 after buying an additional 321 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Stock Up 1.5 %

DD stock traded up $1.08 during mid-day trading on Monday, hitting $73.78. 475,240 shares of the company were exchanged, compared to its average volume of 2,242,276. The firm has a fifty day simple moving average of $80.38 and a 200 day simple moving average of $81.55. The company has a market capitalization of $30.84 billion, a PE ratio of 38.83, a price-to-earnings-growth ratio of 1.95 and a beta of 1.34. DuPont de Nemours, Inc. has a twelve month low of $61.14 and a twelve month high of $90.06. The company has a current ratio of 2.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.29.

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 for the quarter, beating the consensus estimate of $1.03 by $0.15. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The firm had revenue of $3.19 billion during the quarter, compared to analyst estimates of $3.20 billion. During the same period in the previous year, the company earned $0.92 earnings per share. DuPont de Nemours’s quarterly revenue was up 4.4% on a year-over-year basis. On average, research analysts forecast that DuPont de Nemours, Inc. will post 3.89 earnings per share for the current fiscal year.

DuPont de Nemours Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date was Friday, November 29th. DuPont de Nemours’s dividend payout ratio is presently 80.00%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Barclays upped their price objective on DuPont de Nemours from $84.00 to $85.00 and gave the company an “underweight” rating in a research report on Wednesday, November 6th. Morgan Stanley upped their target price on shares of DuPont de Nemours from $88.00 to $94.00 and gave the company an “equal weight” rating in a report on Monday, October 21st. Royal Bank of Canada lifted their price target on shares of DuPont de Nemours from $102.00 to $104.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. StockNews.com raised shares of DuPont de Nemours from a “hold” rating to a “buy” rating in a research note on Tuesday, December 24th. Finally, Citigroup lowered their target price on shares of DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating for the company in a research note on Wednesday, December 18th. Two analysts have rated the stock with a sell rating, two have given a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $95.25.

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.