JPMorgan Chase & Co. Raises DuPont de Nemours (NYSE:DD) Price Target to $50.00

DuPont de Nemours (NYSE:DDGet Free Report) had its target price upped by stock analysts at JPMorgan Chase & Co. from $48.00 to $50.00 in a research note issued on Friday,Benzinga reports. The firm currently has an “overweight” rating on the basic materials company’s stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 16.60% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the company. Morgan Stanley reduced their price objective on DuPont de Nemours from $80.00 to $44.00 in a research note on Monday, November 10th. Citigroup upped their price target on shares of DuPont de Nemours from $38.90 to $47.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Mizuho raised their price objective on shares of DuPont de Nemours from $44.00 to $46.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. BMO Capital Markets dropped their price objective on shares of DuPont de Nemours from $104.00 to $50.00 and set an “outperform” rating on the stock in a research note on Monday, November 3rd. Finally, Royal Bank Of Canada decreased their target price on shares of DuPont de Nemours from $100.00 to $48.00 and set an “outperform” rating for the company in a research note on Tuesday, November 18th. Ten equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and a consensus target price of $45.53.

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DuPont de Nemours Trading Down 1.2%

Shares of DuPont de Nemours stock opened at $42.88 on Friday. The company has a fifty day simple moving average of $40.74 and a 200-day simple moving average of $35.23. DuPont de Nemours has a 12-month low of $22.50 and a 12-month high of $44.17. The company has a current ratio of 2.00, a quick ratio of 1.63 and a debt-to-equity ratio of 0.30. The stock has a market cap of $17.97 billion, a price-to-earnings ratio of -23.30, a PEG ratio of 3.18 and a beta of 1.08.

DuPont de Nemours (NYSE:DDGet Free Report) last issued its quarterly earnings data on Thursday, November 6th. The basic materials company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.05. DuPont de Nemours had a positive return on equity of 7.81% and a negative net margin of 6.17%.The company had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same quarter last year, the company posted $1.18 earnings per share. The business’s quarterly revenue was down 2.9% compared to the same quarter last year. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. On average, equities analysts forecast that DuPont de Nemours will post 4.38 EPS for the current fiscal year.

DuPont de Nemours announced that its Board of Directors has authorized a share buyback plan on Thursday, November 6th that allows the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization allows the basic materials company to reacquire up to 12.2% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In related news, SVP Erik T. Hoover sold 6,005 shares of the company’s stock in a transaction on Friday, November 28th. The stock was sold at an average price of $39.79, for a total transaction of $238,938.95. Following the transaction, the senior vice president owned 112,101 shares of the company’s stock, valued at $4,460,498.79. This represents a 5.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Lori Koch sold 9,011 shares of the stock in a transaction on Friday, November 28th. The stock was sold at an average price of $39.46, for a total value of $355,574.06. Following the completion of the transaction, the chief executive officer owned 288,326 shares of the company’s stock, valued at $11,377,343.96. The trade was a 3.03% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.61% of the company’s stock.

Hedge Funds Weigh In On DuPont de Nemours

Large investors have recently made changes to their positions in the stock. Princeton Global Asset Management LLC grew 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 buying an additional 143 shares during the period. Salomon & Ludwin LLC lifted its position in shares of DuPont de Nemours by 186.5% during the 3rd quarter. Salomon & Ludwin LLC now owns 318 shares of the basic materials company’s stock valued at $25,000 after acquiring an additional 207 shares during the period. Palisade Asset Management LLC purchased a new stake in shares of DuPont de Nemours during the 3rd quarter worth approximately $26,000. Financial Life Planners acquired a new stake in shares of DuPont de Nemours in the 3rd quarter worth approximately $27,000. Finally, Imprint Wealth LLC purchased a new position in DuPont de Nemours in the 3rd quarter valued at approximately $27,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Company Profile

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DuPont de Nemours (NYSE: DD) is a global science and engineering company that develops and supplies specialty materials, chemicals and industrial biosciences for a wide range of markets. Headquartered in Wilmington, Delaware, the company traces its origins to 1802 and has evolved through more than two centuries of innovation. In recent history DuPont participated in a major combination with Dow Chemical and subsequent reorganization that refocused the company on differentiated, specialty businesses built around science-based solutions.

DuPont’s operations center on advanced materials and technologies used by manufacturers and OEMs in industries such as transportation, electronics, construction, industrial manufacturing and worker safety.

Further Reading

Analyst Recommendations for DuPont de Nemours (NYSE:DD)

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