Zacks Research lowered shares of DuPont de Nemours (NYSE:DD – Free Report) from a strong-buy rating to a hold rating in a research note published on Monday,Zacks.com reports.
DD has been the subject of a number of other research reports. BMO Capital Markets upped their price objective on DuPont de Nemours from $25.10 to $60.00 and gave the company an “outperform” rating in a research report on Monday, April 13th. Wall Street Zen raised DuPont de Nemours to a “hold” rating in a report on Saturday, January 10th. Royal Bank Of Canada boosted their price target on DuPont de Nemours from $51.00 to $60.00 and gave the company an “outperform” rating in a report on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft boosted their price target on DuPont de Nemours from $46.00 to $58.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. Finally, UBS Group boosted their price target on DuPont de Nemours from $49.00 to $56.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Twelve 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. Based on data from MarketBeat.com, DuPont de Nemours has a consensus rating of “Moderate Buy” and an average price target of $52.70.
Read Our Latest Stock Analysis on DuPont de Nemours
DuPont de Nemours Stock Down 1.6%
DuPont de Nemours (NYSE:DD – Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The basic materials company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.03. The company had revenue of ($1,871.00) million during the quarter, compared to analysts’ expectations of $1.69 billion. DuPont de Nemours had a positive return on equity of 7.37% and a negative net margin of 7.03%.DuPont de Nemours’s revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.13 earnings per share. 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. As a group, sell-side analysts predict that DuPont de Nemours will post 2.3 EPS for the current year.
DuPont de Nemours Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Friday, May 15th. DuPont de Nemours’s payout ratio is currently -43.01%.
Hedge Funds Weigh In On DuPont de Nemours
A number of hedge funds have recently made changes to their positions in DD. Auto Owners Insurance Co boosted its stake in shares of DuPont de Nemours by 4,275.8% in the fourth quarter. Auto Owners Insurance Co now owns 17,552,405 shares of the basic materials company’s stock worth $70,561,000 after acquiring an additional 17,151,278 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of DuPont de Nemours by 12,133.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 9,614,878 shares of the basic materials company’s stock worth $365,921,000 after acquiring an additional 9,536,283 shares during the period. Invesco Ltd. boosted its stake in shares of DuPont de Nemours by 64.4% in the fourth quarter. Invesco Ltd. now owns 14,514,600 shares of the basic materials company’s stock worth $583,487,000 after acquiring an additional 5,686,490 shares during the period. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in shares of DuPont de Nemours by 242.4% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 7,491,426 shares of the basic materials company’s stock worth $301,155,000 after acquiring an additional 5,303,219 shares during the period. Finally, Eurizon Capital SGR S.p.A. bought a new position in shares of DuPont de Nemours in the fourth quarter worth about $130,394,000. 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.
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