One Capital Management LLC Sells 770 Shares of DuPont de Nemours, Inc. (NYSE:DD)

One Capital Management LLC lowered its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 0.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 126,208 shares of the basic materials company’s stock after selling 770 shares during the period. One Capital Management LLC’s holdings in DuPont de Nemours were worth $9,623,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Hager Investment Management Services LLC purchased a new stake in shares of DuPont de Nemours during the fourth quarter valued at $26,000. Byrne Asset Management LLC bought a new stake in shares of DuPont de Nemours in the fourth quarter valued at about $29,000. Vision Financial Markets LLC bought a new position in DuPont de Nemours in the fourth quarter worth about $31,000. Golden State Wealth Management LLC bought a new position in DuPont de Nemours in the fourth quarter worth about $33,000. Finally, Noble Wealth Management PBC purchased a new stake in shares of DuPont de Nemours during the fourth quarter worth about $35,000. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

DuPont de Nemours stock opened at $79.57 on Thursday. The firm has a market capitalization of $33.26 billion, a P/E ratio of 47.65, a PEG ratio of 2.15 and a beta of 1.29. The stock has a fifty day moving average price of $78.09 and a 200 day moving average price of $81.32. DuPont de Nemours, Inc. has a 52 week low of $69.23 and a 52 week high of $90.06. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.22.

DuPont de Nemours (NYSE:DD) last issued its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a return on equity of 7.12% and a net margin of 5.47%. Equities research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.41 per share. The ex-dividend date is Monday, March 3rd. This represents a $1.64 annualized dividend and a yield of 2.06%. This is a boost from DuPont de Nemours’s previous quarterly dividend of $0.38. DuPont de Nemours’s dividend payout ratio is presently 98.20%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on DD. Barclays upgraded DuPont de Nemours from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $85.00 to $89.00 in a research report on Thursday, February 13th. Citigroup upped their target price on DuPont de Nemours from $88.00 to $95.00 and gave the stock a “buy” rating in a research note on Thursday, February 13th. BMO Capital Markets upped their target price on DuPont de Nemours from $105.00 to $112.00 and gave the stock an “outperform” rating in a research note on Thursday, February 13th. Royal Bank of Canada reduced their price objective on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research note on Monday, February 10th. Finally, StockNews.com downgraded DuPont de Nemours from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $99.17.

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.