DuPont de Nemours (NYSE:DD) Price Target Raised to $51.00

DuPont de Nemours (NYSE:DD) had its target price boosted by KeyCorp from $45.00 to $51.00 in a report published on Friday,Benzinga reports. The firm currently has an overweight rating on the basic materials company’s stock.

Other analysts have also recently issued research reports about the stock. UBS Group raised their target price on shares of DuPont de Nemours from $46.00 to $49.00 and gave the stock a “buy” rating in a research note on Wednesday, January 7th. Mizuho boosted their price target on shares of DuPont de Nemours from $44.00 to $46.00 and gave the stock an “outperform” rating in a research note on Thursday, December 18th. BMO Capital Markets reduced their price objective on shares of DuPont de Nemours from $104.00 to $50.00 and set an “outperform” rating for the company in a research report on Monday, November 3rd. Morgan Stanley dropped their target price on DuPont de Nemours from $80.00 to $44.00 in a research report on Monday, November 10th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on DuPont de Nemours from $90.00 to $46.00 and set a “buy” rating for the company in a report on Tuesday, November 25th. Ten analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, DuPont de Nemours currently has an average rating of “Moderate Buy” and an average target price of $44.61.

DuPont de Nemours Trading Up 0.9%

Shares of DuPont de Nemours stock opened at $43.80 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.63 and a current ratio of 2.00. The company has a market capitalization of $18.35 billion, a P/E ratio of -23.81, a PEG ratio of 3.25 and a beta of 1.08. DuPont de Nemours has a 1 year low of $22.50 and a 1 year high of $44.15. The company’s fifty day moving average is $40.23 and its two-hundred day moving average is $34.77.

DuPont de Nemours (NYSE:DD) last announced its earnings results on Monday, July 11th. The basic materials company reported $0.29 earnings per share for the quarter. The business had revenue of $3.02 billion during the quarter. DuPont de Nemours had a negative net margin of 6.17% and a positive return on equity of 7.81%. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. Analysts forecast that DuPont de Nemours will post 4.38 earnings per share for the current year.

DuPont de Nemours Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Friday, November 28th were issued a $0.20 dividend. 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 is currently -43.48%.

DuPont de Nemours declared that its board has authorized a stock repurchase plan on Thursday, November 6th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the basic materials company to purchase up to 12.2% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

Insiders Place Their Bets

In other news, CEO Lori Koch sold 9,011 shares of DuPont de Nemours stock in a transaction on Friday, November 28th. The stock was 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 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 transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Erik T. Hoover sold 6,005 shares of the business’s stock in a transaction dated 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 sale, the senior vice president owned 112,101 shares in the company, valued at $4,460,498.79. This represents a 5.08% 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.

Institutional Trading of DuPont de Nemours

A number of large investors have recently made changes to their positions in DD. Norges Bank purchased a new position in shares of DuPont de Nemours during the second quarter valued at approximately $313,306,000. Vanguard Group Inc. raised its holdings in DuPont de Nemours by 6.7% in the 3rd 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 during the last quarter. Invesco Ltd. lifted its stake in shares of DuPont de Nemours by 28.2% during the 3rd quarter. Invesco Ltd. now owns 8,828,110 shares of the basic materials company’s stock worth $687,710,000 after purchasing an additional 1,942,589 shares during the period. Mondrian Investment Partners LTD acquired a new stake in shares of DuPont de Nemours during the third quarter worth $138,503,000. Finally, Ilex Capital Partners UK LLP grew its position in shares of DuPont de Nemours by 175.8% in the second quarter. Ilex Capital Partners UK LLP now owns 2,043,299 shares of the basic materials company’s stock valued at $140,150,000 after purchasing an additional 1,302,341 shares during the period. Institutional investors and hedge funds 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.