BMO Capital Markets Lowers DuPont de Nemours (NYSE:DD) Price Target to $104.00

DuPont de Nemours (NYSE:DD) had its target price dropped by BMO Capital Markets from $107.00 to $104.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has an “outperform” rating on the basic materials company’s stock. BMO Capital Markets’ price objective indicates a potential upside of 32.87% from the company’s current price.

DD has been the subject of a number of other reports. Mizuho upped their price target on DuPont de Nemours from $80.00 to $85.00 and gave the company an “outperform” rating in a report on Tuesday, July 15th. UBS Group upped their price target on DuPont de Nemours from $87.00 to $89.00 and gave the company a “buy” rating in a report on Monday, July 21st. Citigroup upped their price target on DuPont de Nemours from $75.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, July 3rd. Wells Fargo & Company upped their price target on DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, July 14th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $94.00 price target on shares of DuPont de Nemours in a report on Friday. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, DuPont de Nemours presently has a consensus rating of “Moderate Buy” and an average target price of $87.58.

DuPont de Nemours Stock Up 0.2%

Shares of NYSE:DD opened at $78.27 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.41 and a quick ratio of 0.94. The firm has a market capitalization of $32.77 billion, a PE ratio of -166.53, a price-to-earnings-growth ratio of 1.94 and a beta of 1.07. The firm’s 50-day moving average is $75.05 and its two-hundred day moving average is $70.92. DuPont de Nemours has a 1 year low of $53.77 and a 1 year high of $90.06.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data on Tuesday, August 5th. The basic materials company reported $1.12 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.23 billion. During the same period in the previous year, the company posted $0.97 earnings per share. 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. Analysts predict that DuPont de Nemours will post 4.38 EPS for the current year.

Insider Activity at DuPont de Nemours

In related news, SVP Steven P. Larrabee sold 43,208 shares of the firm’s stock in a transaction dated 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 sale, the senior vice president directly owned 38,585 shares in the company, valued at approximately $2,977,604.45. This trade represents a 52.83% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In the last quarter, insiders sold 74,208 shares of company stock worth $5,714,861. Company insiders own 0.61% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DD. Brighton Jones LLC boosted its position in DuPont de Nemours by 19.6% during the 4th quarter. Brighton Jones LLC now owns 5,012 shares of the basic materials company’s stock valued at $382,000 after purchasing an additional 822 shares during the period. Twinbeech Capital LP bought a new stake in shares of DuPont de Nemours in the 4th quarter worth $386,000. Waverly Advisors LLC raised its stake in shares of DuPont de Nemours by 17.5% in the 4th quarter. Waverly Advisors LLC now owns 14,690 shares of the basic materials company’s stock worth $1,120,000 after buying an additional 2,186 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of DuPont de Nemours by 18.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,746,267 shares of the basic materials company’s stock worth $209,403,000 after buying an additional 433,668 shares in the last quarter. Finally, Sunbelt Securities Inc. raised its position in shares of DuPont de Nemours by 2.5% during the fourth quarter. Sunbelt Securities Inc. now owns 11,020 shares of the basic materials company’s stock worth $837,000 after purchasing an additional 265 shares during the period. Institutional investors and hedge funds 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.