DuPont de Nemours (NYSE:DD) Given New $60.00 Price Target at Royal Bank Of Canada

DuPont de Nemours (NYSE:DD) had its price objective increased by Royal Bank Of Canada from $51.00 to $60.00 in a research report sent to investors on Tuesday morning, Marketbeat reports. Royal Bank Of Canada currently has an outperform rating on the basic materials company’s stock.

Several other brokerages also recently issued reports on DD. UBS Group increased their price objective on shares of DuPont de Nemours from $49.00 to $56.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. JPMorgan Chase & Co. raised their price target on shares of DuPont de Nemours from $48.00 to $50.00 and gave the company an “overweight” rating in a report on Friday, January 16th. Citigroup lifted their price target on shares of DuPont de Nemours from $50.00 to $59.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Morgan Stanley lowered their target price on DuPont de Nemours from $80.00 to $44.00 in a research note on Monday, November 10th. Finally, Wolfe Research increased their price target on DuPont de Nemours from $49.00 to $54.00 and gave the company an “outperform” rating in a report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $51.06.

DuPont de Nemours Stock Up 1.2%

Shares of DuPont de Nemours stock opened at $50.80 on Tuesday. DuPont de Nemours has a twelve month low of $22.50 and a twelve month high of $52.66. The stock has a market cap of $21.28 billion, a price-to-earnings ratio of -27.31, a price-to-earnings-growth ratio of 1.26 and a beta of 1.10. The company has a current ratio of 2.42, a quick ratio of 1.91 and a debt-to-equity ratio of 0.22. The company has a fifty day moving average price of $43.69 and a 200 day moving average price of $37.59.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings data on Tuesday, February 10th. The basic materials company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.03. DuPont de Nemours had a positive return on equity of 7.37% and a negative net margin of 7.03%.The company had revenue of $1.69 billion for the quarter, compared to analysts’ expectations of $1.69 billion. During the same quarter in the previous year, the firm posted $1.13 earnings per share. The firm’s quarterly revenue was up .2% on a year-over-year basis. DuPont de Nemours has set its FY 2026 guidance at 2.250-2.300 EPS and its Q1 2026 guidance at 0.480-0.480 EPS. Equities research analysts forecast that DuPont de Nemours will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours declared that its Board of Directors has approved a stock repurchase program on Thursday, November 6th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the basic materials company to buy up to 12.2% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In other news, SVP Erik T. Hoover sold 6,005 shares of the firm’s stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $39.79, for a total value of $238,938.95. Following the transaction, the senior vice president directly owned 112,101 shares in the company, valued at approximately $4,460,498.79. This trade represents a 5.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Lori Koch sold 9,011 shares of DuPont de Nemours stock in a transaction dated 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 transaction, the chief executive officer directly owned 288,326 shares of the company’s stock, valued at $11,377,343.96. This trade 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 insiders.

Hedge Funds Weigh In On DuPont de Nemours

A number of large investors have recently bought and sold shares of DD. Vanguard Group Inc. raised its position in shares of DuPont de Nemours by 6.7% during the 3rd quarter. Vanguard Group Inc. now owns 50,867,267 shares of the basic materials company’s stock worth $3,962,560,000 after purchasing an additional 3,203,044 shares during the period. State Street Corp grew its stake in DuPont de Nemours by 1.2% during the 4th quarter. State Street Corp now owns 18,412,070 shares of the basic materials company’s stock worth $740,165,000 after buying an additional 215,928 shares during the last quarter. Geode Capital Management LLC increased its position in DuPont de Nemours by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 11,019,892 shares of the basic materials company’s stock worth $441,285,000 after buying an additional 74,355 shares during the period. Nuveen LLC lifted its stake in DuPont de Nemours by 18.9% in the fourth quarter. Nuveen LLC now owns 10,662,674 shares of the basic materials company’s stock valued at $428,639,000 after buying an additional 1,695,097 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of DuPont de Nemours by 12,133.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 9,614,878 shares of the basic materials company’s stock valued at $365,921,000 after acquiring an additional 9,536,283 shares during the period. 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.