7,049 DuPont de Nemours, Inc. $DD Shares Acquired by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP lifted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 44,056.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,065 shares of the basic materials company’s stock after acquiring an additional 7,049 shares during the period. Fulcrum Asset Management LLP’s holdings in DuPont de Nemours were worth $919,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Missouri Trust & Investment Co raised its holdings in shares of DuPont de Nemours by 17.6% in the third quarter. Missouri Trust & Investment Co now owns 15,022 shares of the basic materials company’s stock valued at $1,952,000 after buying an additional 2,247 shares during the last quarter. Bryn Mawr Trust Advisors LLC boosted its stake in shares of DuPont de Nemours by 1.2% during the third quarter. Bryn Mawr Trust Advisors LLC now owns 19,125 shares of the basic materials company’s stock worth $2,484,000 after buying an additional 227 shares during the period. Landmark Wealth Management LLC purchased a new position in shares of DuPont de Nemours during the third quarter worth about $420,000. Candriam S.C.A. grew its holdings in shares of DuPont de Nemours by 41.3% during the third quarter. Candriam S.C.A. now owns 23,936 shares of the basic materials company’s stock worth $3,120,000 after buying an additional 6,998 shares during the last quarter. Finally, Ethic Inc. grew its holdings in shares of DuPont de Nemours by 2.1% during the third quarter. Ethic Inc. now owns 26,899 shares of the basic materials company’s stock worth $3,494,000 after buying an additional 566 shares during the last quarter. 73.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have commented on DD shares. Wells Fargo & Company upped their price objective on DuPont de Nemours from $166.00 to $170.00 and gave the company an “overweight” rating in a research note on Thursday, November 5th. Weiss Ratings reiterated a “sell (d+)” rating on shares of DuPont de Nemours in a research note on Friday, October 30th. UBS Group boosted their target price on DuPont de Nemours from $172.00 to $182.00 and gave the company a “buy” rating in a report on Wednesday, November 4th. JPMorgan Chase & Co. cut DuPont de Nemours from an “overweight” rating to a “neutral” rating and cut their price target for the stock from $172.00 to $145.00 in a research note on Friday, October 9th. Finally, Royal Bank Of Canada increased their price target on DuPont de Nemours from $160.00 to $173.00 and gave the stock an “outperform” rating in a report on Thursday, November 5th. Twelve research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and an average price target of $165.88.

Insider Activity

In other news, SVP Erik Hoover sold 4,203 shares of the firm’s stock in a transaction that occurred on Monday, November 9th. The stock was sold at an average price of $150.82, for a total value of $633,896.46. Following the completion of the sale, the senior vice president directly owned 38,798 shares of the company’s stock, valued at $5,851,514.36. This trade represents a 9.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Edward D. Breen sold 89,845 shares of DuPont de Nemours stock in a transaction that occurred on Thursday, November 5th. The shares were sold at an average price of $146.41, for a total value of $13,154,206.45. Following the completion of the sale, the director owned 127,276 shares in the company, valued at approximately $18,634,479.16. This trade represents a 41.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 96,359 shares of company stock valued at $14,137,411 in the last three months. 0.96% of the stock is currently owned by company insiders.

DuPont de Nemours Trading Down 0.5%

Shares of DuPont de Nemours stock opened at $154.76 on Friday. The firm has a market cap of $20.51 billion, a price-to-earnings ratio of 69.40, a price-to-earnings-growth ratio of 1.35 and a beta of 1.06. DuPont de Nemours, Inc. has a 52-week low of $111.15 and a 52-week high of $159.48. The company’s 50-day simple moving average is $134.92 and its 200-day simple moving average is $139.27. The company has a quick ratio of 1.74, a current ratio of 2.36 and a debt-to-equity ratio of 0.23.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data on Tuesday, November 3rd. The basic materials company reported $2.09 EPS for the quarter, beating analysts’ consensus estimates of $1.87 by $0.22. DuPont de Nemours had a net margin of 4.26% and a return on equity of 6.85%. The firm had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.84 billion. During the same quarter last year, the firm earned $1.09 earnings per share. The firm’s revenue was up 4.1% compared to the same quarter last year. As a group, equities research analysts anticipate that DuPont de Nemours, Inc. will post 7.51 earnings per share for the current year.

DuPont de Nemours Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, November 30th. DuPont de Nemours’s dividend payout ratio is 107.62%.

About DuPont de Nemours

DuPont de Nemours is a science and materials company that develops products for customers in markets including construction, healthcare, water treatment, transportation and worker safety. Its offerings include protective materials such as Kevlar, Nomex and Tyvek, as well as Corian surface materials and technologies used in water purification and separation. The company traces its roots to 1802, when E. I. du Pont established a gunpowder mill in Delaware. Over time, DuPont expanded into a broad range of chemical and advanced-materials businesses.