DuPont de Nemours, Inc. (NYSE:DD) Holdings Decreased by Fullcircle Wealth LLC

Fullcircle Wealth LLC decreased its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 22.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,323 shares of the basic materials company’s stock after selling 3,935 shares during the quarter. Fullcircle Wealth LLC’s holdings in DuPont de Nemours were worth $1,118,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Palisade Asset Management LLC purchased a new position in DuPont de Nemours in the first quarter valued at about $25,000. ESL Trust Services LLC purchased a new position in DuPont de Nemours in the first quarter valued at about $26,000. Strategic Investment Solutions Inc. IL purchased a new position in DuPont de Nemours in the second quarter valued at about $27,000. Denver PWM LLC purchased a new position in DuPont de Nemours in the second quarter valued at about $28,000. Finally, Fortitude Family Office LLC grew its stake in DuPont de Nemours by 46.6% in the second quarter. Fortitude Family Office LLC now owns 412 shares of the basic materials company’s stock valued at $33,000 after purchasing an additional 131 shares in the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

Shares of NYSE DD traded down $0.49 during trading hours on Friday, hitting $82.50. 1,690,501 shares of the company’s stock were exchanged, compared to its average volume of 2,484,003. DuPont de Nemours, Inc. has a 1-year low of $61.14 and a 1-year high of $90.06. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.21 and a quick ratio of 1.44. The stock has a market capitalization of $34.46 billion, a price-to-earnings ratio of 54.26, a PEG ratio of 2.20 and a beta of 1.34. The company’s 50-day moving average price is $84.15 and its 200-day moving average price is $80.84.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings results on Wednesday, July 31st. The basic materials company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.85 by $0.12. The firm had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $3.05 billion. DuPont de Nemours had a return on equity of 6.31% and a net margin of 5.30%. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.85 EPS. On average, sell-side analysts expect that DuPont de Nemours, Inc. will post 3.76 earnings per share for the current fiscal year.

DuPont de Nemours Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be issued a $0.38 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $1.52 annualized dividend and a yield of 1.84%. DuPont de Nemours’s dividend payout ratio (DPR) is 100.00%.

Analyst Upgrades and Downgrades

DD has been the topic of a number of recent research reports. Royal Bank of Canada boosted their target price on DuPont de Nemours from $87.00 to $102.00 and gave the company an “outperform” rating in a research note on Monday, August 5th. Morgan Stanley upped their price target on DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a research note on Monday, October 21st. Barclays downgraded DuPont de Nemours from an “equal weight” rating to an “underweight” rating and decreased their price target for the stock from $88.00 to $84.00 in a research note on Monday, October 7th. Citigroup decreased their price target on DuPont de Nemours from $95.00 to $94.00 and set a “buy” rating for the company in a research note on Friday, July 12th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on DuPont de Nemours from $92.00 to $98.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, DuPont de Nemours presently has an average rating of “Moderate Buy” and an average price target of $94.83.

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.