Schnieders Capital Management LLC Has $332,000 Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Schnieders Capital Management LLC reduced its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 8.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,313 shares of the basic materials company’s stock after selling 389 shares during the quarter. Schnieders Capital Management LLC’s holdings in DuPont de Nemours were worth $332,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Invesco Ltd. grew its stake in shares of DuPont de Nemours by 6.7% during the 3rd quarter. Invesco Ltd. now owns 10,119,827 shares of the basic materials company’s stock worth $754,838,000 after acquiring an additional 639,246 shares in the last quarter. Northern Trust Corp grew its stake in shares of DuPont de Nemours by 2.0% in the third quarter. Northern Trust Corp now owns 5,245,939 shares of the basic materials company’s stock valued at $391,295,000 after buying an additional 104,141 shares in the last quarter. Empower Advisory Group LLC grew its stake in shares of DuPont de Nemours by 1.3% in the third quarter. Empower Advisory Group LLC now owns 1,266,212 shares of the basic materials company’s stock valued at $94,447,000 after buying an additional 16,293 shares in the last quarter. Strs Ohio grew its stake in shares of DuPont de Nemours by 2.1% in the fourth quarter. Strs Ohio now owns 995,743 shares of the basic materials company’s stock valued at $76,602,000 after buying an additional 20,101 shares in the last quarter. Finally, California Public Employees Retirement System grew its stake in shares of DuPont de Nemours by 4.3% in the third quarter. California Public Employees Retirement System now owns 899,442 shares of the basic materials company’s stock valued at $67,089,000 after buying an additional 37,388 shares in the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Michael G. Goss sold 2,354 shares of the company’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $72.80, for a total transaction of $171,371.20. Following the completion of the sale, the insider now owns 15,587 shares of the company’s stock, valued at $1,134,733.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.56% of the stock is currently owned by company insiders.

DuPont de Nemours Stock Performance

Shares of DuPont de Nemours stock traded up $0.16 during trading on Wednesday, reaching $73.96. The company’s stock had a trading volume of 1,518,466 shares, compared to its average volume of 3,029,637. The business’s 50-day moving average price is $72.90 and its 200-day moving average price is $72.11. The firm has a market cap of $30.92 billion, a PE ratio of 79.36, a P/E/G ratio of 2.42 and a beta of 1.40. DuPont de Nemours, Inc. has a 52 week low of $61.14 and a 52 week high of $78.74. The company has a quick ratio of 1.73, a current ratio of 2.43 and a debt-to-equity ratio of 0.32.

DuPont de Nemours (NYSE:DD) last announced its earnings results on Tuesday, February 6th. The basic materials company reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.02. The company had revenue of $2.90 billion during the quarter, compared to analysts’ expectations of $2.92 billion. DuPont de Nemours had a net margin of 3.51% and a return on equity of 6.12%. DuPont de Nemours’s quarterly revenue was down 6.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.89 earnings per share. Equities analysts forecast that DuPont de Nemours, Inc. will post 3.49 earnings per share for the current year.

DuPont de Nemours Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Investors of record on Friday, May 31st will be given a dividend of $0.38 per share. The ex-dividend date is Thursday, May 30th. This represents a $1.52 annualized dividend and a yield of 2.06%. DuPont de Nemours’s dividend payout ratio is 163.44%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Wolfe Research assumed coverage on shares of DuPont de Nemours in a research note on Friday, March 1st. They issued a “peer perform” rating for the company. Royal Bank of Canada raised their target price on shares of DuPont de Nemours from $75.00 to $83.00 and gave the company an “outperform” rating in a research note on Wednesday, February 7th. Mizuho reduced their price objective on shares of DuPont de Nemours from $80.00 to $76.00 and set a “buy” rating for the company in a research report on Wednesday, February 7th. Bank of America downgraded shares of DuPont de Nemours from a “buy” rating to an “underperform” rating and upped their price objective for the company from $78.00 to $80.00 in a report on Tuesday, January 16th. Finally, Citigroup upped their price objective on shares of DuPont de Nemours from $73.00 to $80.00 and gave the company a “neutral” rating in a report on Wednesday, April 10th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $77.90.

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.