DuPont de Nemours (NYSE:DD) Stock Price Target Cut by Citigroup

DuPont de Nemours (NYSE:DD) had its price target dropped by stock analysts at Citigroup from $170.00 to $162.00 in a research note issued on Wednesday, Benzinga reports. The firm presently has a “buy” rating on the basic materials company’s stock. Citigroup’s target price would suggest a potential upside of 23.70% from the stock’s current price.

A number of other equities analysts also recently commented on the stock. Zacks Research downgraded shares of DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. UBS Group decreased their target price on DuPont de Nemours from $178.00 to $172.00 and set a “buy” rating on the stock in a research report on Monday. JPMorgan Chase & Co. lifted their price objective on DuPont de Nemours from $171.00 to $172.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Royal Bank Of Canada dropped their price objective on shares of DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating for the company in a research note on Friday, August 7th. Finally, The Goldman Sachs Group cut their target price on shares of DuPont de Nemours from $159.00 to $153.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 30th. Twelve research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $165.27.

DuPont de Nemours Stock Performance

NYSE:DD traded down $2.32 during mid-day trading on Wednesday, reaching $130.96. 343,407 shares of the stock were exchanged, compared to its average volume of 1,379,245. The company has a 50 day simple moving average of $135.07 and a 200-day simple moving average of $138.44. The stock has a market capitalization of $17.68 billion, a P/E ratio of 290.86, a P/E/G ratio of 1.19 and a beta of 1.05. DuPont de Nemours has a 1 year low of $92.49 and a 1 year high of $157.98. The company has a quick ratio of 1.82, a current ratio of 2.43 and a debt-to-equity ratio of 0.23.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.76 by $0.12. The firm had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.81 billion. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. DuPont de Nemours’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.12 EPS. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. Analysts anticipate that DuPont de Nemours will post 7.27 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. State Street Corp boosted its holdings in shares of DuPont de Nemours by 140.3% in the 2nd quarter. State Street Corp now owns 44,941,824 shares of the basic materials company’s stock valued at $6,095,909,000 after buying an additional 26,238,300 shares during the period. Auto Owners Insurance Co lifted its holdings in DuPont de Nemours by 4,275.8% in the fourth quarter. Auto Owners Insurance Co now owns 17,552,405 shares of the basic materials company’s stock worth $70,561,000 after acquiring an additional 17,151,278 shares during the last quarter. Bank of America Corp DE boosted its stake in DuPont de Nemours by 22.0% in the first quarter. Bank of America Corp DE now owns 4,629,671 shares of the basic materials company’s stock valued at $212,039,000 after acquiring an additional 835,572 shares during the period. Bank of New York Mellon Corp raised its position in shares of DuPont de Nemours by 10.0% during the 1st quarter. Bank of New York Mellon Corp now owns 3,706,596 shares of the basic materials company’s stock worth $169,762,000 after purchasing an additional 336,780 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of DuPont de Nemours by 4.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,509,831 shares of the basic materials company’s stock worth $160,688,000 after purchasing an additional 163,210 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors.

DuPont de Nemours Company Profile

DuPont de Nemours, Inc is a science and technology company that develops engineered materials, specialty chemicals and other performance solutions for industrial and consumer markets. Its products are used in areas including electronics and semiconductor manufacturing, water purification, healthcare, transportation, construction, aerospace, worker safety and industrial processing.

DuPont’s portfolio includes well-known brands and materials such as Kevlar aramid fiber, Nomex flame-resistant materials, Tyvek protective materials, Kapton polyimide film, Vespel high-performance parts and Corian solid-surface materials.