Brokerages Set DuPont de Nemours, Inc. (NYSE:DD) Price Target at $88.25

Shares of DuPont de Nemours, Inc. (NYSE:DD) have earned a consensus recommendation of “Moderate Buy” from the twelve brokerages that are presently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12-month target price among analysts that have covered the stock in the last year is $88.25.

Several brokerages recently commented on DD. Royal Bank Of Canada boosted their price target on DuPont de Nemours from $93.00 to $94.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. Mizuho boosted their price target on DuPont de Nemours from $80.00 to $85.00 and gave the company an “outperform” rating in a research note on Tuesday, July 15th. Citigroup boosted their price target on DuPont de Nemours from $75.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, July 3rd. UBS Group boosted their price target on DuPont de Nemours from $87.00 to $89.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Finally, Wells Fargo & Company boosted their price target on DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, July 14th.

DuPont de Nemours Trading Up 1.8%

NYSE:DD opened at $78.16 on Tuesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.41 and a quick ratio of 0.94. DuPont de Nemours has a fifty-two week low of $53.77 and a fifty-two week high of $90.06. The stock’s 50-day moving average is $74.99 and its two-hundred day moving average is $70.98. The stock has a market cap of $32.73 billion, a PE ratio of -166.29, a price-to-earnings-growth ratio of 1.91 and a beta of 1.07.

DuPont de Nemours (NYSE:DD) last released its earnings results on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.06. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%.The company had revenue of $3.26 billion for the quarter, compared to analysts’ expectations of $3.23 billion. During the same quarter in the previous year, the business posted $0.97 EPS. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. DuPont de Nemours has set its FY 2025 guidance at 4.400-4.400 EPS. Q3 2025 guidance at 1.150-1.150 EPS. As a group, equities research analysts forecast that DuPont de Nemours will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were paid a $0.41 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. DuPont de Nemours’s payout ratio is presently -348.94%.

Insider Activity at DuPont de Nemours

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $77.17, for a total transaction of $3,334,361.36. Following the completion of the sale, the senior vice president owned 38,585 shares of the company’s stock, valued at $2,977,604.45. This represents a 52.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last three months, insiders sold 74,208 shares of company stock valued at $5,714,861. Insiders own 0.61% of the company’s stock.

Institutional Investors Weigh In On DuPont de Nemours

A number of large investors have recently added to or reduced their stakes in DD. Princeton Global Asset Management LLC boosted its position in DuPont de Nemours by 64.4% during the second quarter. Princeton Global Asset Management LLC now owns 365 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 143 shares during the period. Vermillion Wealth Management Inc. bought a new stake in DuPont de Nemours during the fourth quarter worth approximately $28,000. JNBA Financial Advisors boosted its position in DuPont de Nemours by 132.5% during the first quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 216 shares during the period. Valley National Advisers Inc. boosted its position in DuPont de Nemours by 145.0% during the first quarter. Valley National Advisers Inc. now owns 419 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 248 shares during the period. Finally, WPG Advisers LLC bought a new stake in DuPont de Nemours during the first quarter worth approximately $35,000. Institutional investors own 73.96% of the company’s stock.

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.