Imprint Wealth LLC Sells 282 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Imprint Wealth LLC lowered its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 9.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,835 shares of the basic materials company’s stock after selling 282 shares during the period. Imprint Wealth LLC’s holdings in DuPont de Nemours were worth $216,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Peoples Bank KS purchased a new position in DuPont de Nemours during the third quarter valued at approximately $25,000. Cornerstone Planning Group LLC purchased a new position in DuPont de Nemours in the 2nd quarter worth approximately $25,000. Strategic Investment Solutions Inc. IL purchased a new position in DuPont de Nemours in the 1st quarter worth approximately $26,000. Carmel Capital Partners LLC purchased a new position in DuPont de Nemours in the 3rd quarter worth approximately $36,000. Finally, AlphaMark Advisors LLC purchased a new position in DuPont de Nemours in the 4th quarter worth approximately $41,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Insider Buying and Selling

In related news, insider Michael G. Goss sold 2,354 shares of the stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $72.80, for a total value of $171,371.20. Following the completion of the transaction, the insider now directly owns 15,587 shares in the company, valued at approximately $1,134,733.60. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.56% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. BMO Capital Markets cut shares of DuPont de Nemours from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $80.00 to $72.00 in a research note on Wednesday, January 24th. 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. JPMorgan Chase & Co. upped their price objective on shares of DuPont de Nemours from $76.00 to $85.00 and gave the company an “overweight” rating in a research note on Friday, March 22nd. Citigroup upped their price target 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. Finally, Barclays lowered their price target on shares of DuPont de Nemours from $74.00 to $70.00 and set an “equal weight” rating for the company in a report on Monday, February 12th. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, DuPont de Nemours currently has a consensus rating of “Hold” and an average target price of $77.90.

DuPont de Nemours Stock Down 1.2 %

Shares of NYSE DD opened at $72.58 on Wednesday. The company has a current ratio of 2.43, a quick ratio of 1.73 and a debt-to-equity ratio of 0.32. DuPont de Nemours, Inc. has a 12 month low of $61.14 and a 12 month high of $78.74. The firm has a market capitalization of $30.34 billion, a PE ratio of 78.04, a price-to-earnings-growth ratio of 2.43 and a beta of 1.40. The firm has a fifty day simple moving average of $72.27 and a two-hundred day simple moving average of $72.11.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings results on Tuesday, February 6th. The basic materials company reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.02. The company had revenue of $2.90 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the business earned $0.89 EPS. Equities analysts expect that DuPont de Nemours, Inc. will post 3.48 earnings per share for the current year.

DuPont de Nemours Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were paid a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 2.09%. This is a positive change from DuPont de Nemours’s previous quarterly dividend of $0.36. The ex-dividend date was Wednesday, February 28th. DuPont de Nemours’s dividend payout ratio (DPR) is presently 163.44%.

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.