DuPont de Nemours (NYSE:DD) Price Target Raised to $49.00

DuPont de Nemours (NYSE:DD) had its price target increased by UBS Group from $46.00 to $49.00 in a report published on Wednesday,Benzinga reports. The firm currently has a buy rating on the basic materials company’s stock.

A number of other brokerages have also recently issued reports on DD. KeyCorp decreased their target price on DuPont de Nemours from $93.00 to $44.00 and set an “overweight” rating for the company in a research report on Wednesday, November 5th. JPMorgan Chase & Co. decreased their price objective on DuPont de Nemours from $104.00 to $48.00 and set an “overweight” rating for the company in a report on Tuesday, November 11th. Citigroup raised their target price on shares of DuPont de Nemours from $38.90 to $47.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. BMO Capital Markets reduced their price target 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. Finally, 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. Ten research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $44.61.

DuPont de Nemours Stock Up 0.9%

Shares of NYSE:DD opened at $43.80 on Wednesday. The firm has a 50 day simple moving average of $40.23 and a 200-day simple moving average of $34.69. DuPont de Nemours has a twelve month low of $22.50 and a twelve month high of $44.15. The company has a current ratio of 2.00, a quick ratio of 1.63 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $18.35 billion, a PE ratio of -23.81, a P/E/G ratio of 3.22 and a beta of 1.08.

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

DuPont de Nemours Cuts Dividend

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

DuPont de Nemours declared that its Board of Directors has initiated a share repurchase 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 stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

Insider Transactions at DuPont de Nemours

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

Institutional Investors Weigh In On DuPont de Nemours

A number of institutional investors and hedge funds have recently modified their holdings of the company. Brighton Jones LLC grew its holdings in DuPont de Nemours by 19.6% in the fourth quarter. Brighton Jones LLC now owns 5,012 shares of the basic materials company’s stock valued at $382,000 after purchasing an additional 822 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in DuPont de Nemours by 6.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 43,529 shares of the basic materials company’s stock valued at $3,251,000 after acquiring an additional 2,695 shares during the last quarter. UniSuper Management Pty Ltd grew its stake in DuPont de Nemours by 3.4% in the 1st quarter. UniSuper Management Pty Ltd now owns 40,067 shares of the basic materials company’s stock valued at $2,992,000 after acquiring an additional 1,300 shares during the last quarter. Ashton Thomas Private Wealth LLC increased its holdings in DuPont de Nemours by 7.1% during the 1st quarter. Ashton Thomas Private Wealth LLC now owns 16,614 shares of the basic materials company’s stock valued at $1,241,000 after acquiring an additional 1,095 shares in the last quarter. Finally, Arete Wealth Advisors LLC raised its position in DuPont de Nemours by 4.5% during the first quarter. Arete Wealth Advisors LLC now owns 6,533 shares of the basic materials company’s stock worth $488,000 after acquiring an additional 279 shares during the last quarter. 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.