Bryn Mawr Capital Management LLC Has $5.73 Million Position in DuPont de Nemours, Inc. (NYSE:DD)

Bryn Mawr Capital Management LLC grew its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 21.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 74,539 shares of the basic materials company’s stock after acquiring an additional 13,088 shares during the period. Bryn Mawr Capital Management LLC’s holdings in DuPont de Nemours were worth $5,734,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of DD. Peoples Bank KS acquired a new stake in DuPont de Nemours during the 3rd quarter worth about $25,000. Carmel Capital Partners LLC acquired a new stake in DuPont de Nemours during the 3rd quarter worth about $36,000. AlphaMark Advisors LLC acquired a new stake in DuPont de Nemours during the 4th quarter worth about $41,000. Grove Bank & Trust grew its holdings in DuPont de Nemours by 55.1% during the 4th quarter. Grove Bank & Trust now owns 529 shares of the basic materials company’s stock worth $41,000 after acquiring an additional 188 shares during the period. Finally, Arlington Trust Co LLC acquired a new stake in DuPont de Nemours during the 4th quarter worth about $44,000. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Price Performance

DD stock opened at $73.71 on Friday. The company has a market capitalization of $30.82 billion, a P/E ratio of 79.26, a price-to-earnings-growth ratio of 2.41 and a beta of 1.40. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.73 and a current ratio of 2.43. DuPont de Nemours, Inc. has a 52-week low of $61.14 and a 52-week high of $78.74. The business has a 50-day simple moving average of $73.23 and a two-hundred day simple moving average of $72.12.

DuPont de Nemours (NYSE:DD) last posted its earnings results on Tuesday, February 6th. The basic materials company reported $0.87 EPS for the quarter, topping the consensus estimate of $0.85 by $0.02. DuPont de Nemours had a net margin of 3.51% and a return on equity of 6.12%. The firm had revenue of $2.90 billion for the quarter, compared to analysts’ expectations of $2.92 billion. During the same quarter last year, the firm earned $0.89 EPS. The company’s quarterly revenue was down 6.6% compared to the same quarter last year. Research analysts expect that DuPont de Nemours, Inc. will post 3.49 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Shareholders 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 dividend yield of 2.06%. DuPont de Nemours’s dividend payout ratio is currently 163.44%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. TheStreet downgraded DuPont de Nemours from a “b-” rating to a “c” rating in a research note on Tuesday, February 6th. StockNews.com upgraded DuPont de Nemours from a “sell” rating to a “hold” rating in a research note on Wednesday, February 14th. Mizuho reduced their target price on DuPont de Nemours from $80.00 to $76.00 and set a “buy” rating for the company in a research note on Wednesday, February 7th. Barclays reduced their target price on DuPont de Nemours from $74.00 to $70.00 and set an “equal weight” rating for the company in a research note on Monday, February 12th. Finally, Bank of America downgraded DuPont de Nemours from a “buy” rating to an “underperform” rating and raised their target price for the company from $78.00 to $80.00 in a research note on Tuesday, January 16th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $77.90.

Insiders Place Their Bets

In other DuPont de Nemours news, insider Michael G. Goss sold 2,354 shares of DuPont de Nemours stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $72.80, for a total transaction of $171,371.20. Following the transaction, the insider now owns 15,587 shares of the company’s stock, valued at approximately $1,134,733.60. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.56% of the company’s stock.

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.