DuPont de Nemours, Inc. (NYSE:DD) Shares Acquired by Register Financial Advisors LLC

Register Financial Advisors LLC increased its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 8.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,738 shares of the basic materials company’s stock after acquiring an additional 1,038 shares during the quarter. Register Financial Advisors LLC’s holdings in DuPont de Nemours were worth $977,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of DuPont de Nemours by 7.1% in the 4th quarter. Vanguard Group Inc. now owns 48,045,648 shares of the basic materials company’s stock worth $3,696,152,000 after purchasing an additional 3,168,740 shares during the last quarter. Norges Bank acquired a new position in shares of DuPont de Nemours during the fourth quarter valued at $111,980,000. Great Lakes Advisors LLC grew its position in shares of DuPont de Nemours by 156.6% during the fourth quarter. Great Lakes Advisors LLC now owns 737,964 shares of the basic materials company’s stock worth $56,772,000 after acquiring an additional 450,422 shares during the last quarter. Nuance Investments LLC bought a new position in shares of DuPont de Nemours during the fourth quarter worth about $24,785,000. Finally, International Assets Investment Management LLC increased its holdings in shares of DuPont de Nemours by 9,558.5% in the 4th quarter. International Assets Investment Management LLC now owns 285,118 shares of the basic materials company’s stock worth $21,934,000 after acquiring an additional 282,166 shares during the period. Institutional investors own 73.96% of the company’s stock.

Analyst Ratings Changes

DD has been the subject of several recent analyst reports. Citigroup upgraded shares of DuPont de Nemours from a “neutral” rating to a “buy” rating and upped their target price for the stock from $85.00 to $95.00 in a research report on Tuesday, May 28th. Mizuho raised their target price on DuPont de Nemours from $83.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, May 23rd. JPMorgan Chase & Co. lifted their target price on DuPont de Nemours from $85.00 to $88.00 and gave the company an “overweight” rating in a research note on Thursday, May 2nd. Wells Fargo & Company raised DuPont de Nemours from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $80.00 to $103.00 in a research note on Friday, May 24th. Finally, Barclays lifted their price objective on shares of DuPont de Nemours from $81.00 to $85.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 28th. One research analyst has rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $91.09.

DuPont de Nemours Price Performance

Shares of NYSE DD traded up $0.51 during midday trading on Friday, reaching $80.49. The company’s stock had a trading volume of 3,191,972 shares, compared to its average volume of 2,932,878. DuPont de Nemours, Inc. has a one year low of $61.14 and a one year high of $82.63. The company has a market cap of $33.65 billion, a price-to-earnings ratio of 98.13, a price-to-earnings-growth ratio of 2.50 and a beta of 1.36. The company has a 50 day moving average price of $78.81 and a 200 day moving average price of $74.52. The company has a current ratio of 2.33, a quick ratio of 1.61 and a debt-to-equity ratio of 0.32.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings results on Wednesday, May 1st. The basic materials company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.14. DuPont de Nemours had a return on equity of 6.07% and a net margin of 2.75%. The company had revenue of $2.93 billion for the quarter, compared to analysts’ expectations of $2.81 billion. During the same quarter in the prior year, the company earned $0.84 earnings per share. The firm’s revenue was down 2.9% on a year-over-year basis. On average, equities research analysts expect that DuPont de Nemours, Inc. will post 3.63 EPS for the current year.

DuPont de Nemours Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 16th. Investors of record on Friday, August 30th will be given a $0.38 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.89%. DuPont de Nemours’s dividend payout ratio (DPR) is 185.37%.

Insider Buying and Selling

In other news, insider Leland Weaver sold 18,500 shares of DuPont de Nemours stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $78.40, for a total value of $1,450,400.00. Following the transaction, the insider now directly owns 24,476 shares of the company’s stock, valued at $1,918,918.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, insider Leland Weaver sold 18,500 shares of the firm’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $78.40, for a total value of $1,450,400.00. Following the completion of the sale, the insider now owns 24,476 shares of the company’s stock, valued at $1,918,918.40. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Michael G. Goss sold 1,339 shares of the company’s stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $78.33, for a total value of $104,883.87. Following the transaction, the insider now directly owns 14,012 shares in the company, valued at $1,097,559.96. The disclosure for this sale can be found here. 0.56% of the stock is currently owned by company insiders.

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.