KeyCorp Issues Positive Forecast for DuPont de Nemours (NYSE:DD) Stock Price

DuPont de Nemours (NYSE:DD) had its price target hoisted by KeyCorp from $92.00 to $93.00 in a research report released on Monday morning,MarketScreener reports. They currently have an overweight rating on the basic materials company’s stock.

A number of other research analysts have also recently issued reports on DD. Citigroup lifted their target price on shares of DuPont de Nemours from $75.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, July 3rd. Mizuho lifted their target price on shares of DuPont de Nemours from $80.00 to $85.00 and gave the company an “outperform” rating in a research note on Tuesday, July 15th. Wells Fargo & Company lifted their target price on shares of DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, July 14th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $94.00 target price on shares of DuPont de Nemours in a research note on Friday. Finally, BMO Capital Markets cut their target price on shares of DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating for the company in a research note on Friday. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $88.33.

DuPont de Nemours Stock Up 0.3%

NYSE DD opened at $78.33 on Monday. The company has a current ratio of 1.41, a quick ratio of 0.94 and a debt-to-equity ratio of 0.23. The stock’s 50 day moving average is $75.11 and its two-hundred day moving average is $70.87. The company has a market capitalization of $32.80 billion, a price-to-earnings ratio of -166.66, a PEG ratio of 1.95 and a beta of 1.07. 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 released its quarterly earnings data on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.06. The company had revenue of $3.26 billion for the quarter, compared to the consensus estimate of $3.23 billion. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%.The company’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.97 earnings per share. DuPont de Nemours has set its FY 2025 guidance at 4.400-4.400 EPS. Q3 2025 guidance at 1.150-1.150 EPS. Equities analysts forecast that DuPont de Nemours will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were given a dividend of $0.41 per share. The ex-dividend date 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 on Monday, September 15th. The shares were 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 in the company, valued at approximately $2,977,604.45. The trade was a 52.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last three months, insiders have sold 74,208 shares of company stock worth $5,714,861. Insiders own 0.61% of the company’s stock.

Hedge Funds Weigh In On DuPont de Nemours

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of DuPont de Nemours by 1.6% in the 2nd quarter. Vanguard Group Inc. now owns 47,664,223 shares of the basic materials company’s stock valued at $3,269,289,000 after buying an additional 769,600 shares during the period. State Street Corp grew its holdings in shares of DuPont de Nemours by 4.8% in the 2nd quarter. State Street Corp now owns 18,363,975 shares of the basic materials company’s stock valued at $1,259,585,000 after buying an additional 842,852 shares during the period. Geode Capital Management LLC boosted its stake in DuPont de Nemours by 4.8% in the 2nd quarter. Geode Capital Management LLC now owns 10,782,760 shares of the basic materials company’s stock worth $736,487,000 after purchasing an additional 496,691 shares during the period. Nuveen LLC acquired a new position in DuPont de Nemours in the 1st quarter worth $531,037,000. Finally, Norges Bank acquired a new position in DuPont de Nemours in the 2nd quarter worth $313,306,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

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.