Bank of New Hampshire Sells 607 Shares of DuPont de Nemours, Inc. (NYSE:DD) (2024)

Posted by Defense World Staff on Jun 22nd, 2024

Bank of New Hampshire decreased its position in shares of DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 28.4% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,527 shares of the basic materials company’s stock after selling 607 shares during the quarter. Bank of New Hampshire’s holdings in DuPont de Nemours were worth $117,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in DD. Northwest Financial Advisors purchased a new stake in shares of DuPont de Nemours in the 4th quarter valued at about $25,000. Cassady Schiller Wealth Management LLC raised its holdings in shares of DuPont de Nemours by 153.5% in the 4th quarter. Cassady Schiller Wealth Management LLC now owns 431 shares of the basic materials company’s stock valued at $33,000 after acquiring an additional 261 shares in the last quarter. Neo Ivy Capital Management purchased a new stake in shares of DuPont de Nemours in the 4th quarter valued at about $40,000. AlphaMark Advisors LLC purchased a new stake in shares of DuPont de Nemours in the 4th quarter valued at about $41,000. Finally, Grove Bank & Trust raised its holdings in shares of DuPont de Nemours by 55.1% in the 4th quarter. Grove Bank & Trust now owns 529 shares of the basic materials company’s stock valued at $41,000 after acquiring an additional 188 shares in the last quarter. Institutional investors own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on DD shares. Citigroup raised DuPont de Nemours from a “neutral” rating to a “buy” rating and raised their price objective for the company from $85.00 to $95.00 in a report on Tuesday, May 28th. BMO Capital Markets raised DuPont de Nemours from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $83.00 to $96.00 in a report on Thursday, May 23rd. UBS Group raised their price objective on DuPont de Nemours from $93.00 to $98.00 and gave the company a “buy” rating in a report on Wednesday, May 29th. JPMorgan Chase & Co. raised their price objective on DuPont de Nemours from $85.00 to $88.00 and gave the company an “overweight” rating in a report on Thursday, May 2nd. Finally, Wells Fargo & Company raised DuPont de Nemours from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $80.00 to $103.00 in a report on Friday, May 24th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, DuPont de Nemours currently has an average rating of “Moderate Buy” and a consensus price target of $91.09.

Get Our Latest Analysis on DuPont de Nemours

DuPont de Nemours Stock Down 0.1 %

Shares of NYSE:DD opened at $79.83 on Friday. The stock has a fifty day simple moving average of $78.12 and a two-hundred day simple moving average of $74.20. The stock has a market capitalization of $33.38 billion, a price-to-earnings ratio of 97.35, a PEG ratio of 2.49 and a beta of 1.36. DuPont de Nemours, Inc. has a 12-month low of $61.14 and a 12-month high of $82.63. The company has a current ratio of 2.33, a quick ratio of 1.61 and a debt-to-equity ratio of 0.32.

DuPont de Nemours (NYSE:DD – Get Free Report) last announced its quarterly earnings data 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. The business had revenue of $2.93 billion during the quarter, compared to analysts’ expectations of $2.81 billion. DuPont de Nemours had a return on equity of 6.07% and a net margin of 2.75%. The firm’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.84 earnings per share. On average, research analysts anticipate that DuPont de Nemours, Inc. will post 3.63 earnings per share for the current fiscal year.

DuPont de Nemours Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Friday, May 31st were paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date of this dividend was Friday, May 31st. DuPont de Nemours’s payout ratio is 185.37%.

Insider Buying and Selling at DuPont de Nemours

In other DuPont de Nemours news, insider Michael G. Goss sold 1,339 shares of DuPont de Nemours stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $78.33, for a total transaction of $104,883.87. Following the completion of the transaction, the insider now owns 14,012 shares in the company, valued at $1,097,559.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Michael G. Goss sold 1,339 shares of the business’s stock in a transaction on Thursday, May 9th. The stock was 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 $1,097,559.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Leland Weaver sold 18,500 shares of the business’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $78.40, for a total value of $1,450,400.00. Following the completion of the transaction, the insider now owns 24,476 shares of the company’s stock, valued at approximately $1,918,918.40. The disclosure for this sale can be found here. 0.56% of the stock is owned by company insiders.

DuPont de Nemours Company Profile

(Free Report)

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.

Bank of New Hampshire Sells 607 Shares of DuPont de Nemours, Inc. (NYSE:DD) (2024)

Analyst Upgrades and Downgrades

DuPont de Nemours Stock Down 0.1 %

DuPont de Nemours Announces Dividend

Insider Buying and Selling at DuPont de Nemours

DuPont de Nemours Company Profile

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