DuPont de Nemours (NYSE:DD) Stock Price Expected to Rise, Citigroup Analyst Says

DuPont de Nemours (NYSE:DD) had its target price upped by investment analysts at Citigroup from $47.00 to $50.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the basic materials company’s stock. Citigroup’s target price indicates a potential upside of 14.21% from the company’s previous close.

Several other equities research analysts also recently weighed in on the company. Wolfe Research upped their price target on DuPont de Nemours from $44.00 to $49.00 and gave the stock an “outperform” rating in a report on Friday, January 16th. Mizuho boosted their price objective on DuPont de Nemours from $44.00 to $46.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Zacks Research upgraded shares of DuPont de Nemours from a “strong sell” rating to a “hold” rating in a research note on Friday, January 9th. Morgan Stanley decreased their price target on shares of DuPont de Nemours from $80.00 to $44.00 in a research note on Monday, November 10th. Finally, Wall Street Zen upgraded shares of DuPont de Nemours to a “hold” rating in a report on Saturday, January 10th. Ten analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $45.99.

DuPont de Nemours Trading Up 0.9%

NYSE:DD opened at $43.78 on Wednesday. The company has a market capitalization of $18.34 billion, a P/E ratio of -23.79, a PEG ratio of 3.22 and a beta of 1.08. The company has a current ratio of 2.00, a quick ratio of 1.63 and a debt-to-equity ratio of 0.30. DuPont de Nemours has a 12 month low of $22.50 and a 12 month high of $44.96. The firm has a fifty day simple moving average of $40.94 and a 200-day simple moving average of $35.54.

DuPont de Nemours (NYSE:DD) last issued its earnings results on Thursday, November 6th. The basic materials company reported $1.09 EPS for the quarter, beating 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 positive return on equity of 7.81% and a negative net margin of 6.17%.DuPont de Nemours’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.18 earnings per share. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. On average, equities research analysts anticipate that DuPont de Nemours will post 4.38 earnings per share for the current year.

DuPont de Nemours announced that its board has initiated a stock buyback program on Thursday, November 6th that permits the company to buyback $2.00 billion in outstanding shares. This buyback authorization permits the basic materials company to purchase up to 12.2% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Insider Activity at DuPont de Nemours

In related 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 value of $355,574.06. Following the transaction, the chief executive officer owned 288,326 shares in the company, valued at approximately $11,377,343.96. This trade represents a 3.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 value of $238,938.95. Following the sale, the senior vice president owned 112,101 shares of the company’s stock, valued at $4,460,498.79. The trade was a 5.08% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.61% of the company’s stock.

Institutional Trading of DuPont de Nemours

A number of hedge funds have recently made changes to their positions in DD. Norges Bank acquired a new stake in shares of DuPont de Nemours during the second quarter worth approximately $313,306,000. Vanguard Group Inc. boosted its stake in 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 valued at $3,962,560,000 after acquiring an additional 3,203,044 shares during the last quarter. Invesco Ltd. grew its holdings in 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 acquiring an additional 1,942,589 shares in the last quarter. Mondrian Investment Partners LTD acquired a new position in DuPont de Nemours during the 3rd quarter worth $138,503,000. Finally, Ilex Capital Partners UK LLP increased its position in shares of DuPont de Nemours by 175.8% in the 2nd 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 during the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

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.