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

DuPont de Nemours (NYSE:DDFree Report) had its price target boosted by Citigroup from $47.00 to $50.00 in a research note issued to investors on Tuesday,MarketScreener reports. They currently have a buy rating on the basic materials company’s stock.

A number of other equities analysts have also weighed in on the stock. Morgan Stanley dropped their price target on shares of DuPont de Nemours from $80.00 to $44.00 in a research report on Monday, November 10th. Wolfe Research lifted their target price on shares of DuPont de Nemours from $44.00 to $49.00 and gave the company an “outperform” rating in a research note on Friday, January 16th. KeyCorp upped their target price on shares of DuPont de Nemours from $45.00 to $51.00 and gave the stock an “overweight” rating in a report on Friday, January 9th. Deutsche Bank Aktiengesellschaft cut their price target on DuPont de Nemours from $90.00 to $46.00 and set a “buy” rating for the company in a research note on Tuesday, November 25th. Finally, Wells Fargo & Company lowered their price objective on DuPont de Nemours from $100.00 to $50.00 and set an “overweight” rating on the stock in a research report on Friday, November 7th. Ten investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $45.99.

Read Our Latest Stock Analysis on DuPont de Nemours

DuPont de Nemours Stock Performance

Shares of DD opened at $45.30 on Tuesday. The business has a 50-day simple moving average of $41.90 and a two-hundred day simple moving average of $36.34. The company has a quick ratio of 1.63, a current ratio of 2.00 and a debt-to-equity ratio of 0.30. DuPont de Nemours has a 52 week low of $22.50 and a 52 week high of $45.88. The stock has a market cap of $18.98 billion, a price-to-earnings ratio of -24.62, a PEG ratio of 3.29 and a beta of 1.10.

DuPont de Nemours (NYSE:DDGet Free Report) last posted its quarterly earnings data 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 firm had revenue of $3.07 billion for the quarter, compared to analysts’ expectations 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 quarterly revenue was down 2.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.18 EPS. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. On average, analysts expect that DuPont de Nemours will post 4.38 EPS for the current year.

DuPont de Nemours announced that its Board of Directors has initiated a stock buyback program on Thursday, November 6th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the basic materials company to repurchase up to 12.2% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

DuPont de Nemours Cuts Dividend

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

Insider Transactions at DuPont de Nemours

In related news, SVP Erik T. Hoover sold 6,005 shares of the stock in a transaction that occurred 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 completion of 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Lori Koch sold 9,011 shares of DuPont de Nemours stock in a transaction that occurred 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 sale, the chief executive officer directly owned 288,326 shares in the company, valued at approximately $11,377,343.96. The trade was a 3.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.61% of the stock is currently owned by insiders.

Institutional Investors Weigh In On DuPont de Nemours

A number of hedge funds have recently bought and sold shares of the business. Salomon & Ludwin LLC increased its holdings in shares of DuPont de Nemours by 186.5% in the 3rd quarter. Salomon & Ludwin LLC now owns 318 shares of the basic materials company’s stock worth $25,000 after buying an additional 207 shares during the last quarter. Palisade Asset Management LLC purchased a new position in DuPont de Nemours in the third quarter worth about $26,000. Financial Life Planners bought a new stake in DuPont de Nemours during the third quarter worth approximately $27,000. Imprint Wealth LLC purchased a new stake in DuPont de Nemours during the third quarter valued at approximately $27,000. Finally, Princeton Global Asset Management LLC lifted its stake in shares of DuPont de Nemours by 64.4% in the 2nd quarter. Princeton Global Asset Management LLC now owns 365 shares of the basic materials company’s stock valued at $25,000 after purchasing an additional 143 shares during the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for DuPont de Nemours (NYSE:DD)

Receive News & Ratings for DuPont de Nemours Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DuPont de Nemours and related companies with MarketBeat.com's FREE daily email newsletter.