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

DuPont de Nemours (NYSE:DD) had its target price hoisted by Citigroup from $47.00 to $50.00 in a report published on Wednesday morning,Benzinga reports. The brokerage currently has a buy rating on the basic materials company’s stock.

Several other research firms have also commented on DD. UBS Group upped their price target on shares of DuPont de Nemours from $46.00 to $49.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. Wolfe Research upped their target price on shares of DuPont de Nemours from $44.00 to $49.00 and gave the company an “outperform” rating in a report on Friday, January 16th. Wall Street Zen upgraded shares of DuPont de Nemours to a “hold” rating in a research note on Saturday, January 10th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of DuPont de Nemours from $90.00 to $46.00 and set a “buy” rating for the company in a research report on Tuesday, November 25th. Finally, Royal Bank Of Canada raised their target price on DuPont de Nemours from $48.00 to $51.00 and gave the stock an “outperform” rating in a report on Wednesday. Ten equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $45.99.

DuPont de Nemours Stock Performance

DD stock opened at $43.36 on Wednesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.00 and a quick ratio of 1.63. DuPont de Nemours has a 1 year low of $22.50 and a 1 year high of $44.17. The company has a market cap of $18.17 billion, a P/E ratio of -23.57, a price-to-earnings-growth ratio of 3.13 and a beta of 1.08. The stock’s fifty day moving average price is $40.88 and its 200-day moving average price is $35.48.

DuPont de Nemours (NYSE:DD) last posted its earnings results on Thursday, November 6th. The basic materials company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.04 by $0.05. The company had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $3.12 billion. DuPont de Nemours had a positive return on equity of 7.81% and a negative net margin of 6.17%.DuPont de Nemours’s revenue was down 2.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.18 earnings per share. 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 earnings per share for the current year.

DuPont de Nemours declared that its board has authorized a share repurchase program on Thursday, November 6th that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the basic materials company to reacquire up to 12.2% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

DuPont de Nemours Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 28th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Friday, November 28th. DuPont de Nemours’s payout ratio is presently -43.48%.

Insider Activity at DuPont de Nemours

In other DuPont de Nemours news, SVP Erik T. Hoover sold 6,005 shares of the stock in a transaction that occurred on Friday, November 28th. The shares were sold at an average price of $39.79, for a total transaction of $238,938.95. Following the completion of the sale, the senior vice president directly owned 112,101 shares of the company’s stock, valued at $4,460,498.79. This trade represents a 5.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Lori Koch sold 9,011 shares of DuPont de Nemours stock in a transaction on Friday, November 28th. The shares were sold at an average price of $39.46, for a total transaction of $355,574.06. Following the completion of the sale, the chief executive officer owned 288,326 shares in the company, valued at approximately $11,377,343.96. This represents a 3.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.61% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On DuPont de Nemours

Large investors have recently made changes to their positions in the company. Franklin Street Advisors Inc. NC boosted its stake in DuPont de Nemours by 11.7% during the fourth quarter. Franklin Street Advisors Inc. NC now owns 7,136 shares of the basic materials company’s stock valued at $287,000 after buying an additional 746 shares during the last quarter. Oak Thistle LLC bought a new position in shares of DuPont de Nemours during the 4th quarter valued at approximately $1,886,000. Greenleaf Trust increased its position in DuPont de Nemours by 2.5% in the fourth quarter. Greenleaf Trust now owns 14,988 shares of the basic materials company’s stock worth $603,000 after purchasing an additional 372 shares during the last quarter. Azzad Asset Management Inc. ADV increased its position in DuPont de Nemours by 17.1% in the fourth quarter. Azzad Asset Management Inc. ADV now owns 46,145 shares of the basic materials company’s stock worth $1,855,000 after purchasing an additional 6,754 shares during the last quarter. Finally, Register Financial Advisors LLC raised its stake in DuPont de Nemours by 57.9% during the fourth quarter. Register Financial Advisors LLC now owns 29,288 shares of the basic materials company’s stock valued at $1,177,000 after purchasing an additional 10,738 shares in the last quarter. 73.96% of the stock is owned by institutional investors.

About DuPont de Nemours

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.