DuPont de Nemours (NYSE:DD – Free Report) had its price target hoisted by JPMorgan Chase & Co. from $171.00 to $172.00 in a research note released on Monday morning,Benzinga reports. The firm currently has an overweight rating on the basic materials company’s stock.
Several other equities research analysts also recently issued reports on DD. Deutsche Bank Aktiengesellschaft raised their price objective on shares of DuPont de Nemours from $174.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. BMO Capital Markets lifted their target price on DuPont de Nemours from $75.30 to $180.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Weiss Ratings reissued a “sell (d+)” rating on shares of DuPont de Nemours in a report on Monday, August 3rd. Royal Bank Of Canada dropped their target price on DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating for the company in a report on Friday, August 7th. Finally, UBS Group lifted their price target on shares of DuPont de Nemours from $175.00 to $178.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Twelve investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and a consensus price target of $166.60.
Get Our Latest Analysis on DuPont de Nemours
DuPont de Nemours Price Performance
DuPont de Nemours (NYSE:DD – Get Free Report) last released its earnings results on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.12. DuPont de Nemours had a return on equity of 6.92% and a net margin of 0.67%.The firm had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same quarter last year, the firm posted $1.12 EPS. The company’s revenue was up 4.0% on a year-over-year basis. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. Research analysts anticipate that DuPont de Nemours will post 7.27 EPS for the current year.
DuPont de Nemours Cuts Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a dividend of $0.60 per share. The ex-dividend date is Monday, August 31st. This represents a $2.40 annualized dividend and a dividend yield of 1.7%. DuPont de Nemours’s payout ratio is currently 533.33%.
Institutional Investors Weigh In On DuPont de Nemours
A number of institutional investors and hedge funds have recently modified their holdings of DD. Davis Asset Management L.P. acquired a new stake in shares of DuPont de Nemours during the second quarter worth $83,000. X Square Capital LLC bought a new stake in DuPont de Nemours in the second quarter valued at approximately $428,000. Great Lakes Advisors LLC acquired a new stake in DuPont de Nemours in the second quarter worth $2,235,000. Commerzbank Aktiengesellschaft FI acquired a new stake in DuPont de Nemours in the second quarter worth $237,000. Finally, Trust Co. of Vermont bought a new position in shares of DuPont de Nemours during the second quarter worth $420,000. 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.
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