DuPont de Nemours (NYSE:DD) Sets New 1-Year High After Analyst Upgrade

DuPont de Nemours, Inc. (NYSE:DD)’s share price reached a new 52-week high on Tuesday after Citigroup raised their price target on the stock from $47.00 to $50.00. Citigroup currently has a buy rating on the stock. DuPont de Nemours traded as high as $45.88 and last traded at $45.5690, with a volume of 1122889 shares changing hands. The stock had previously closed at $44.43.

A number of other analysts have also commented on DD. Royal Bank Of Canada increased their price objective on DuPont de Nemours from $48.00 to $51.00 and gave the company an “outperform” rating in a research note on Wednesday, January 21st. BMO Capital Markets decreased their price target 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. Morgan Stanley cut their price objective on shares of DuPont de Nemours from $80.00 to $44.00 in a research report on Monday, November 10th. JPMorgan Chase & Co. upped their price objective on shares of DuPont de Nemours from $48.00 to $50.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. Finally, Wall Street Zen raised shares of DuPont de Nemours to a “hold” rating in a research note on Saturday, January 10th. Ten analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, DuPont de Nemours presently has a consensus rating of “Moderate Buy” and a consensus price target of $45.99.

Insiders Place Their Bets

In other news, CEO Lori Koch sold 9,011 shares of the business’s 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 directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Erik T. Hoover sold 6,005 shares of DuPont de Nemours stock in a transaction on Friday, November 28th. The shares were sold at an average price of $39.79, for a total value of $238,938.95. Following the completion of the transaction, the senior vice president owned 112,101 shares in the company, valued at $4,460,498.79. The trade was a 5.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.61% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Norges Bank purchased a new stake in shares of DuPont de Nemours during the 2nd quarter valued at about $313,306,000. Vanguard Group Inc. grew its position in DuPont de Nemours by 6.7% in the third 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. grew its position in DuPont de Nemours by 28.2% in the third 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 in the last quarter. Mondrian Investment Partners LTD purchased a new stake in shares of DuPont de Nemours during the third quarter valued at approximately $138,503,000. Finally, Ilex Capital Partners UK LLP lifted its position in shares of DuPont de Nemours by 175.8% during 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 in the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Stock Up 1.9%

The firm’s 50 day moving average price is $41.90 and its two-hundred day moving average price is $36.34. The firm has a market capitalization of $18.98 billion, a PE ratio of -24.62, a P/E/G ratio of 3.29 and a beta of 1.10. 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 (NYSE:DD) last issued its quarterly earnings data on Thursday, November 6th. The basic materials company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.05. The firm had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.12 billion. DuPont de Nemours had a negative net margin of 6.17% and a positive return on equity of 7.81%. The firm’s revenue was down 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.18 EPS. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. As a group, research analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Friday, November 28th were issued a dividend of $0.20 per share. 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 payout ratio is currently -43.48%.

DuPont de Nemours declared that its Board of Directors has initiated 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 repurchase up to 12.2% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

DuPont de Nemours Company Profile

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.