DuPont de Nemours (NYSE:DD) Reaches New 1-Year High Following Analyst Upgrade

DuPont de Nemours, Inc. (NYSE:DD) hit a new 52-week high on Thursday after Citigroup raised their price target on the stock from $47.00 to $50.00. Citigroup currently has a buy rating on the stock. DuPont de Nemours traded as high as $44.62 and last traded at $44.5870, with a volume of 1294109 shares traded. The stock had previously closed at $43.38.

Several other analysts have also recently weighed in on the stock. BMO Capital Markets dropped 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 note on Monday, November 3rd. Wolfe Research lifted their price target on shares of DuPont de Nemours from $44.00 to $49.00 and gave the company an “outperform” rating in a research report on Friday, January 16th. Wells Fargo & Company cut their price target on DuPont de Nemours from $100.00 to $50.00 and set an “overweight” rating for the company in a research note on Friday, November 7th. Morgan Stanley lowered their price objective on DuPont de Nemours from $80.00 to $44.00 in a research note on Monday, November 10th. Finally, Wall Street Zen raised DuPont de Nemours to a “hold” rating in a report on Saturday, January 10th. Ten research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $45.99.

Insider Activity

In other news, SVP Erik T. Hoover sold 6,005 shares of the company’s stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $39.79, for a total value of $238,938.95. Following the completion of the transaction, the senior vice president owned 112,101 shares of the company’s stock, valued at $4,460,498.79. This represents a 5.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Lori Koch sold 9,011 shares of DuPont de Nemours stock in a transaction that occurred 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 sale, the chief executive officer owned 288,326 shares in the company, valued at approximately $11,377,343.96. This represents a 3.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.61% of the company’s stock.

Institutional Investors Weigh In On DuPont de Nemours

Institutional investors have recently modified their holdings of the company. Princeton Global Asset Management LLC lifted its holdings in DuPont de Nemours by 64.4% in the second quarter. Princeton Global Asset Management LLC now owns 365 shares of the basic materials company’s stock valued at $25,000 after buying an additional 143 shares during the period. Salomon & Ludwin LLC raised its position in shares of DuPont de Nemours by 186.5% in the 3rd quarter. Salomon & Ludwin LLC now owns 318 shares of the basic materials company’s stock worth $25,000 after acquiring an additional 207 shares in the last quarter. Palisade Asset Management LLC acquired a new position in shares of DuPont de Nemours in the 3rd quarter valued at about $26,000. Financial Life Planners bought a new stake in shares of DuPont de Nemours during the 3rd quarter valued at about $27,000. Finally, Imprint Wealth LLC acquired a new stake in DuPont de Nemours during the third quarter worth approximately $27,000. 73.96% of the stock is owned by institutional investors.

DuPont de Nemours Stock Up 0.8%

The firm has a market cap of $18.50 billion, a price-to-earnings ratio of -24.00, a PEG ratio of 3.25 and a beta of 1.08. The firm has a 50 day moving average of $41.03 and a 200 day moving average of $35.63. The company has a quick ratio of 1.63, a current ratio of 2.00 and a debt-to-equity ratio of 0.30.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings results on Thursday, November 6th. The basic materials company reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.05. The firm had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.12 billion. DuPont de Nemours had a positive return on equity of 7.81% and a negative net margin of 6.17%.The company’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.18 EPS. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. As a group, sell-side analysts predict that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Friday, November 28th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Friday, November 28th. DuPont de Nemours’s payout ratio is -43.48%.

DuPont de Nemours declared that its Board of Directors has authorized a stock repurchase plan on Thursday, November 6th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the basic materials company to reacquire up to 12.2% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its shares are undervalued.

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.