Royal Bank Of Canada Has Lowered Expectations for DuPont de Nemours (NYSE:DD) Stock Price

DuPont de Nemours (NYSE:DD) had its price objective reduced by stock analysts at Royal Bank Of Canada from $60.00 to $56.00 in a research note issued to investors on Friday, MarketBeat reports. The brokerage currently has an “outperform” rating on the basic materials company’s stock. Royal Bank Of Canada’s price objective points to a potential upside of 20.91% from the company’s previous close.

Other equities analysts have also recently issued reports about the stock. BMO Capital Markets raised their price target on shares of DuPont de Nemours from $25.10 to $60.00 and gave the stock an “outperform” rating in a research note on Monday, April 13th. Deutsche Bank Aktiengesellschaft raised their price target on shares of DuPont de Nemours from $46.00 to $58.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. Wells Fargo & Company raised their price target on shares of DuPont de Nemours from $50.00 to $55.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. Citigroup decreased their price target on shares of DuPont de Nemours from $59.00 to $56.00 and set a “buy” rating for the company in a research note on Monday, April 13th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of DuPont de Nemours in a research note on Friday, March 27th. Twelve equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $52.44.

DuPont de Nemours Stock Performance

Shares of DD stock opened at $46.32 on Friday. The company has a market capitalization of $18.98 billion, a P/E ratio of -24.90, a price-to-earnings-growth ratio of 1.70 and a beta of 1.09. DuPont de Nemours has a 52 week low of $26.76 and a 52 week high of $52.66. The company’s 50 day moving average price is $46.89 and its two-hundred day moving average price is $42.57. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.91 and a current ratio of 2.42.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings results on Tuesday, February 10th. The basic materials company reported $0.46 earnings per share for the quarter, topping the consensus estimate 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 negative net margin of 7.03% and a positive return on equity of 7.37%. The business’s quarterly revenue was up .2% on a year-over-year basis. During the same period last year, the business earned $1.13 EPS. 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. On average, analysts expect that DuPont de Nemours will post 2.26 earnings per share for the current fiscal year.

Hedge Funds Weigh In On DuPont de Nemours

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Oppenheimer & Co. Inc. boosted its position in DuPont de Nemours by 39.2% during the third quarter. Oppenheimer & Co. Inc. now owns 104,565 shares of the basic materials company’s stock worth $8,146,000 after purchasing an additional 29,473 shares during the period. Xponance Inc. boosted its position in DuPont de Nemours by 113.6% during the third quarter. Xponance Inc. now owns 134,797 shares of the basic materials company’s stock worth $10,501,000 after purchasing an additional 71,695 shares during the period. Citigroup Inc. boosted its position in DuPont de Nemours by 20.2% during the third quarter. Citigroup Inc. now owns 572,650 shares of the basic materials company’s stock worth $44,609,000 after purchasing an additional 96,062 shares during the period. Bank of New York Mellon Corp boosted its position in DuPont de Nemours by 0.9% during the third quarter. Bank of New York Mellon Corp now owns 3,169,908 shares of the basic materials company’s stock worth $246,936,000 after purchasing an additional 29,543 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in DuPont de Nemours by 3.8% during the third quarter. Dimensional Fund Advisors LP now owns 3,337,753 shares of the basic materials company’s stock worth $259,974,000 after purchasing an additional 121,216 shares during the period. 73.96% of the stock is owned by institutional investors.

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.