Coldstream Capital Management Inc. Grows Stock Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Coldstream Capital Management Inc. grew its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 28.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,685 shares of the basic materials company’s stock after acquiring an additional 2,784 shares during the quarter. Coldstream Capital Management Inc.’s holdings in DuPont de Nemours were worth $976,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Northwest Financial Advisors acquired a new position in shares of DuPont de Nemours during the fourth quarter valued at about $25,000. AlphaMark Advisors LLC acquired a new position in DuPont de Nemours in the 4th quarter worth approximately $41,000. Grove Bank & Trust increased its holdings in DuPont de Nemours by 55.1% in the 4th quarter. Grove Bank & Trust now owns 529 shares of the basic materials company’s stock worth $41,000 after buying an additional 188 shares during the period. Arlington Trust Co LLC acquired a new position in DuPont de Nemours in the 4th quarter worth approximately $44,000. Finally, Private Wealth Management Group LLC acquired a new position in DuPont de Nemours in the 4th quarter worth approximately $44,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

Insider Activity

In other DuPont de Nemours news, insider Michael G. Goss sold 2,354 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $72.80, for a total value of $171,371.20. Following the transaction, the insider now owns 15,587 shares in the company, valued at approximately $1,134,733.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other DuPont de Nemours news, insider Michael G. Goss sold 2,354 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $72.80, for a total value of $171,371.20. Following the transaction, the insider now owns 15,587 shares in the company, valued at approximately $1,134,733.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael G. Goss sold 1,339 shares of the firm’s stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $78.33, for a total value of $104,883.87. Following the completion of the transaction, the insider now owns 14,012 shares in the company, valued at approximately $1,097,559.96. The disclosure for this sale can be found here. Insiders have sold 22,193 shares of company stock worth $1,726,655 in the last quarter. Corporate insiders own 0.56% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on DD. TheStreet downgraded shares of DuPont de Nemours from a “b-” rating to a “c” rating in a report on Tuesday, February 6th. BMO Capital Markets downgraded shares of DuPont de Nemours from an “outperform” rating to a “market perform” rating and cut their price target for the stock from $80.00 to $72.00 in a report on Wednesday, January 24th. Citigroup increased their price target on shares of DuPont de Nemours from $73.00 to $80.00 and gave the stock a “neutral” rating in a report on Wednesday, April 10th. Wolfe Research began coverage on shares of DuPont de Nemours in a research note on Friday, March 1st. They set a “peer perform” rating on the stock. Finally, Royal Bank of Canada raised their price objective on shares of DuPont de Nemours from $75.00 to $83.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 7th. One research 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 company currently has a consensus rating of “Hold” and a consensus target price of $82.10.

DuPont de Nemours Trading Down 0.4 %

Shares of NYSE:DD opened at $79.52 on Wednesday. DuPont de Nemours, Inc. has a 1 year low of $61.14 and a 1 year high of $80.41. The firm has a market capitalization of $33.25 billion, a price-to-earnings ratio of 96.98, a price-to-earnings-growth ratio of 2.30 and a beta of 1.39. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.33 and a quick ratio of 1.61. The business’s 50 day moving average price is $75.97 and its 200-day moving average price is $72.70.

DuPont de Nemours (NYSE:DD) last announced its earnings results on Wednesday, May 1st. The basic materials company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.14. DuPont de Nemours had a return on equity of 6.07% and a net margin of 2.75%. The firm had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.81 billion. During the same quarter last year, the firm posted $0.84 EPS. The business’s revenue was down 2.9% on a year-over-year basis. On average, equities research analysts forecast that DuPont de Nemours, Inc. will post 3.64 earnings per share for the current fiscal year.

DuPont de Nemours Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Friday, May 31st will be given a dividend of $0.38 per share. The ex-dividend date of this dividend is Friday, May 31st. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.91%. DuPont de Nemours’s dividend payout ratio (DPR) is 185.37%.

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.