Addison Capital Co lifted its stake in shares of DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 4.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,865 shares of the basic materials company’s stock after buying an additional 502 shares during the quarter. Addison Capital Co’s holdings in DuPont de Nemours were worth $961,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Vermillion Wealth Management Inc. bought a new stake in DuPont de Nemours during the 4th quarter valued at approximately $28,000. JNBA Financial Advisors lifted its stake in shares of DuPont de Nemours by 132.5% in the 1st quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 216 shares during the period. Valley National Advisers Inc. lifted its stake in shares of DuPont de Nemours by 145.0% in the 1st quarter. Valley National Advisers Inc. now owns 419 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 248 shares during the period. Pinney & Scofield Inc. bought a new stake in shares of DuPont de Nemours during the fourth quarter valued at approximately $36,000. Finally, WPG Advisers LLC purchased a new stake in DuPont de Nemours in the first quarter worth $35,000. 73.96% of the stock is currently owned by hedge funds and other institutional investors.
DuPont de Nemours Price Performance
Shares of NYSE DD opened at $76.12 on Thursday. The firm has a market cap of $31.87 billion, a P/E ratio of -161.95, a PEG ratio of 1.91 and a beta of 1.07. DuPont de Nemours, Inc. has a twelve month low of $53.77 and a twelve month high of $90.06. The company has a quick ratio of 0.94, a current ratio of 1.41 and a debt-to-equity ratio of 0.23. The company has a 50 day moving average of $74.63 and a 200 day moving average of $71.13.
DuPont de Nemours Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 29th will be given a $0.41 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $1.64 dividend on an annualized basis and a yield of 2.2%. DuPont de Nemours’s payout ratio is -348.94%.
Insider Transactions at DuPont de Nemours
In other news, SVP Steven P. Larrabee sold 25,000 shares of the firm’s stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $76.50, for a total transaction of $1,912,500.00. Following the sale, the senior vice president owned 48,585 shares of the company’s stock, valued at $3,716,752.50. This trade represents a 33.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.61% of the company’s stock.
Analyst Ratings Changes
Several brokerages have commented on DD. KeyCorp raised their price objective on DuPont de Nemours from $87.00 to $92.00 and gave the company an “overweight” rating in a research report on Wednesday, August 6th. Wells Fargo & Company lifted their price target on shares of DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a research report on Monday, July 14th. UBS Group boosted their price objective on shares of DuPont de Nemours from $87.00 to $89.00 and gave the stock a “buy” rating in a research note on Monday, July 21st. Royal Bank Of Canada raised their target price on shares of DuPont de Nemours from $93.00 to $94.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. Finally, Citigroup boosted their price target on DuPont de Nemours from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, July 3rd. Nine equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $88.25.
Check Out Our Latest Stock Analysis on DuPont de Nemours
About DuPont de Nemours
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.
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