DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Stock Yards Bank & Trust Co.

Stock Yards Bank & Trust Co. decreased its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 16.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,085 shares of the basic materials company’s stock after selling 1,406 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in DuPont de Nemours were worth $540,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. State Street Corp increased its position in DuPont de Nemours by 2.4% in the third quarter. State Street Corp now owns 16,983,109 shares of the basic materials company’s stock worth $1,513,365,000 after buying an additional 399,728 shares during the period. Geode Capital Management LLC boosted its stake in DuPont de Nemours by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 9,952,115 shares of the basic materials company’s stock valued at $883,821,000 after purchasing an additional 100,198 shares during the period. Franklin Resources Inc. grew its position in DuPont de Nemours by 9.8% in the 3rd quarter. Franklin Resources Inc. now owns 6,410,485 shares of the basic materials company’s stock worth $556,751,000 after purchasing an additional 570,703 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of DuPont de Nemours by 1.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,777,478 shares of the basic materials company’s stock valued at $247,501,000 after buying an additional 39,189 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its holdings in DuPont de Nemours by 22.7% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,976,736 shares of the basic materials company’s stock worth $176,147,000 after buying an additional 365,796 shares in the last quarter. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Trading Down 1.0 %

Shares of DD opened at $76.04 on Tuesday. The business’s 50-day moving average price is $78.28 and its 200 day moving average price is $81.18. The company has a current ratio of 2.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $31.78 billion, a P/E ratio of 40.02, a P/E/G ratio of 1.68 and a beta of 1.34. DuPont de Nemours, Inc. has a 1-year low of $61.20 and a 1-year high of $90.06.

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 (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.15. The firm had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.20 billion. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The business’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.92 EPS. Analysts expect that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on DD. JPMorgan Chase & Co. reduced their price target on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research report on Wednesday, January 15th. Citigroup decreased 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 report on Wednesday, December 18th. BMO Capital Markets dropped their price target on shares of DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating on the stock in a research report on Thursday, January 16th. Barclays raised their price objective on shares of DuPont de Nemours from $84.00 to $85.00 and gave the company an “underweight” rating in a research note on Wednesday, November 6th. Finally, Royal Bank of Canada upped their target price on DuPont de Nemours from $102.00 to $104.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $98.00.

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.