SYM FINANCIAL Corp Buys Shares of 2,738 DuPont de Nemours, Inc. (NYSE:DD)

SYM FINANCIAL Corp bought a new stake in shares of DuPont de Nemours, Inc. (NYSE:DD) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,738 shares of the basic materials company’s stock, valued at approximately $205,000.

Several other large investors have also modified their holdings of the business. Level Four Advisory Services LLC boosted its holdings in shares of DuPont de Nemours by 2.8% in the fourth quarter. Level Four Advisory Services LLC now owns 4,679 shares of the basic materials company’s stock valued at $357,000 after purchasing an additional 129 shares during the period. Hancock Whitney Corp lifted its stake in DuPont de Nemours by 2.6% in the fourth quarter. Hancock Whitney Corp now owns 5,625 shares of the basic materials company’s stock worth $429,000 after acquiring an additional 143 shares during the period. Freedom Investment Management Inc. lifted its stake in DuPont de Nemours by 3.4% in the fourth quarter. Freedom Investment Management Inc. now owns 4,920 shares of the basic materials company’s stock worth $375,000 after acquiring an additional 164 shares during the period. Legacy Financial Advisors Inc. lifted its stake in DuPont de Nemours by 5.2% in the fourth quarter. Legacy Financial Advisors Inc. now owns 3,348 shares of the basic materials company’s stock worth $255,000 after acquiring an additional 166 shares during the period. Finally, Thoroughbred Financial Services LLC lifted its stake in DuPont de Nemours by 2.1% in the fourth quarter. Thoroughbred Financial Services LLC now owns 8,249 shares of the basic materials company’s stock worth $628,000 after acquiring an additional 167 shares during the period. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Trading Down 1.2%

DD stock opened at $76.60 on Thursday. The company has a current ratio of 1.40, a quick ratio of 0.91 and a debt-to-equity ratio of 0.23. DuPont de Nemours, Inc. has a 12-month low of $53.77 and a 12-month high of $90.06. The stock has a market cap of $32.06 billion, a price-to-earnings ratio of -403.16, a PEG ratio of 2.20 and a beta of 1.04. The business’s 50-day moving average is $70.30 and its 200 day moving average is $71.97.

DuPont de Nemours (NYSE:DD) last issued its earnings results on Friday, May 2nd. The basic materials company reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.08. The business had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.05 billion. DuPont de Nemours had a positive return on equity of 7.58% and a negative net margin of 0.60%. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.79 EPS. On average, sell-side analysts anticipate that DuPont de Nemours, Inc. will post 4.38 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, September 15th. Shareholders of record on Friday, August 29th will be given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date is Friday, August 29th. DuPont de Nemours’s payout ratio is -863.16%.

Analyst Ratings Changes

DD has been the subject of a number of research reports. Wells Fargo & Company upped their price objective on shares of DuPont de Nemours from $81.00 to $90.00 and gave the stock an “overweight” rating in a research note on Monday, July 14th. UBS Group upped their target price on DuPont de Nemours from $87.00 to $89.00 and gave the stock a “buy” rating in a report on Monday. Royal Bank Of Canada lowered their target price on DuPont de Nemours from $101.00 to $90.00 and set an “outperform” rating for the company in a report on Thursday, April 24th. Mizuho upped their price objective on shares of DuPont de Nemours from $80.00 to $85.00 and gave the company an “outperform” rating in a report on Tuesday, July 15th. Finally, Citigroup upped their target price on DuPont de Nemours from $75.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, July 3rd. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, DuPont de Nemours has a consensus rating of “Moderate Buy” and an average price target of $88.31.

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.