Royal Bank Of Canada Issues Positive Forecast for DuPont de Nemours (NYSE:DD) Stock Price

DuPont de Nemours (NYSE:DD) had its price target hoisted by Royal Bank Of Canada from $48.00 to $51.00 in a research report sent to investors on Wednesday,MarketScreener reports. The brokerage currently has an outperform rating on the basic materials company’s stock.

DD has been the topic of a number of other reports. Wall Street Zen upgraded shares of DuPont de Nemours to a “hold” rating in a research note on Saturday, January 10th. Morgan Stanley lowered their price target on shares of DuPont de Nemours from $80.00 to $44.00 in a report on Monday, November 10th. BMO Capital Markets reduced their price objective on DuPont de Nemours from $104.00 to $50.00 and set an “outperform” rating for the company in a report on Monday, November 3rd. Wells Fargo & Company decreased their target price on DuPont de Nemours from $100.00 to $50.00 and set an “overweight” rating for the company in a research report on Friday, November 7th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of DuPont de Nemours in a research report on Monday, December 22nd. Ten research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $45.99.

DuPont de Nemours Stock Performance

Shares of DuPont de Nemours stock opened at $43.36 on Wednesday. The business’s fifty day simple moving average is $40.88 and its 200 day simple moving average is $35.48. The company has a current ratio of 2.00, a quick ratio of 1.63 and a debt-to-equity ratio of 0.30. DuPont de Nemours has a 12 month low of $22.50 and a 12 month high of $44.17. The firm has a market capitalization 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.

DuPont de Nemours (NYSE:DD) last announced its earnings results on Thursday, November 6th. The basic materials company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.05. The firm had revenue of $3.07 billion during the quarter, compared to analyst estimates of $3.12 billion. DuPont de Nemours had a positive return on equity of 7.81% and a negative net margin of 6.17%.The business’s revenue was down 2.9% compared to the same quarter last year. During the same period last year, the firm posted $1.18 EPS. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. As a group, analysts anticipate that DuPont de Nemours will post 4.38 EPS for the current year.

DuPont de Nemours Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Friday, November 28th were paid a $0.20 dividend. The ex-dividend date was Friday, November 28th. This represents a $0.80 annualized dividend and a yield of 1.8%. DuPont de Nemours’s dividend payout ratio (DPR) is currently -43.48%.

DuPont de Nemours declared that its board has authorized a share buyback plan on Thursday, November 6th that authorizes the company to buyback $2.00 billion in shares. This buyback authorization authorizes the basic materials company to buy up to 12.2% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

Insider Activity

In other news, CEO Lori Koch sold 9,011 shares of the stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $39.46, for a total value of $355,574.06. Following the sale, the chief executive officer directly owned 288,326 shares of the company’s stock, valued at approximately $11,377,343.96. This represents a 3.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Erik T. Hoover sold 6,005 shares of the business’s 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 transaction, the senior vice president directly owned 112,101 shares of the company’s stock, valued at approximately $4,460,498.79. This represents a 5.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.61% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Norges Bank bought a new stake in DuPont de Nemours during the second quarter valued at $313,306,000. Vanguard Group Inc. raised its holdings in shares of DuPont de Nemours by 6.7% in the 3rd quarter. Vanguard Group Inc. now owns 50,867,267 shares of the basic materials company’s stock valued at $3,962,560,000 after acquiring an additional 3,203,044 shares in the last quarter. Invesco Ltd. boosted its position in shares of DuPont de Nemours by 28.2% during the 3rd quarter. Invesco Ltd. now owns 8,828,110 shares of the basic materials company’s stock valued at $687,710,000 after acquiring an additional 1,942,589 shares during the last quarter. Mondrian Investment Partners LTD purchased a new position in shares of DuPont de Nemours during the third quarter worth about $138,503,000. Finally, Ilex Capital Partners UK LLP increased its position in shares of DuPont de Nemours by 175.8% in the second quarter. Ilex Capital Partners UK LLP now owns 2,043,299 shares of the basic materials company’s stock worth $140,150,000 after purchasing an additional 1,302,341 shares during the last quarter. Institutional investors own 73.96% of the company’s stock.

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.