New York State Common Retirement Fund Sells 45,691 Shares of DuPont de Nemours, Inc. (NYSE:DD)

New York State Common Retirement Fund trimmed its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 11.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 350,832 shares of the basic materials company’s stock after selling 45,691 shares during the quarter. New York State Common Retirement Fund’s holdings in DuPont de Nemours were worth $26,990,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. City State Bank raised its stake in DuPont de Nemours by 3.9% during the fourth quarter. City State Bank now owns 3,529 shares of the basic materials company’s stock valued at $271,000 after purchasing an additional 132 shares in the last quarter. Laurel Wealth Advisors LLC raised its stake in DuPont de Nemours by 5.3% during the third quarter. Laurel Wealth Advisors LLC now owns 2,803 shares of the basic materials company’s stock valued at $209,000 after purchasing an additional 142 shares in the last quarter. Personal CFO Solutions LLC raised its stake in DuPont de Nemours by 2.4% during the third quarter. Personal CFO Solutions LLC now owns 6,174 shares of the basic materials company’s stock valued at $461,000 after purchasing an additional 147 shares in the last quarter. Cary Street Partners Investment Advisory LLC raised its stake in DuPont de Nemours by 0.4% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 36,787 shares of the basic materials company’s stock valued at $2,744,000 after purchasing an additional 160 shares in the last quarter. Finally, Financial Counselors Inc. increased its position in DuPont de Nemours by 1.0% during the third quarter. Financial Counselors Inc. now owns 16,139 shares of the basic materials company’s stock valued at $1,204,000 after acquiring an additional 164 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors.

Insider Activity at DuPont de Nemours

In other DuPont de Nemours news, insider Michael G. Goss sold 2,354 shares of the firm’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $72.80, for a total transaction of $171,371.20. Following the completion of the transaction, the insider now directly owns 15,587 shares of the company’s stock, valued at approximately $1,134,733.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.56% of the stock is currently owned by insiders.

DuPont de Nemours Trading Up 0.3 %

NYSE DD opened at $73.71 on Friday. The company’s 50-day moving average price is $73.23 and its 200-day moving average price is $72.12. The company has a current ratio of 2.43, a quick ratio of 1.73 and a debt-to-equity ratio of 0.32. The stock has a market cap of $30.82 billion, a PE ratio of 79.26, a PEG ratio of 2.42 and a beta of 1.40. DuPont de Nemours, Inc. has a 12 month low of $61.14 and a 12 month high of $78.74.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data on Tuesday, February 6th. The basic materials company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.85 by $0.02. The firm had revenue of $2.90 billion during the quarter, compared to analyst estimates of $2.92 billion. DuPont de Nemours had a net margin of 3.51% and a return on equity of 6.12%. DuPont de Nemours’s revenue was down 6.6% on a year-over-year basis. During the same period last year, the firm posted $0.89 EPS. Equities research analysts forecast that DuPont de Nemours, Inc. will post 3.49 earnings per share for the current year.

DuPont de Nemours Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Investors of record on Friday, May 31st will be given a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 2.06%. The ex-dividend date is Thursday, May 30th. DuPont de Nemours’s payout ratio is currently 163.44%.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Wells Fargo & Company boosted their price objective on shares of DuPont de Nemours from $69.00 to $80.00 and gave the company an “equal weight” rating in a research report on Thursday, April 11th. JPMorgan Chase & Co. boosted their price objective on shares of DuPont de Nemours from $76.00 to $85.00 and gave the company an “overweight” rating in a research report on Friday, March 22nd. Royal Bank of Canada boosted their price objective on shares of DuPont de Nemours from $75.00 to $83.00 and gave the company an “outperform” rating in a research report on Wednesday, February 7th. Citigroup boosted their price objective on shares of DuPont de Nemours from $73.00 to $80.00 and gave the company a “neutral” rating in a research report on Wednesday, April 10th. Finally, Wolfe Research assumed coverage on shares of DuPont de Nemours in a research report on Friday, March 1st. They set a “peer perform” rating on the stock. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $77.90.

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.