DuPont de Nemours (NYSE:DD) Upgraded at Barclays

Barclays upgraded shares of DuPont de Nemours (NYSE:DD – Free Report) to a strong-buy rating in a research report report published on Monday,Zacks reports.

Several other brokerages have also recently issued reports on DD. The Goldman Sachs Group decreased 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 report on Wednesday, September 30th. JPMorgan Chase & Co. downgraded shares of DuPont de Nemours from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $172.00 to $145.00 in a report on Friday, October 9th. UBS Group dropped their price target on DuPont de Nemours from $178.00 to $172.00 and set a “buy” rating for the company in a research report on Monday, October 5th. Citigroup reduced their price objective on DuPont de Nemours from $170.00 to $162.00 and set a “buy” rating on the stock in a research note on Wednesday, October 7th. Finally, Royal Bank Of Canada reduced their price objective on DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating on the stock in a research note on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, DuPont de Nemours presently has a consensus rating of “Moderate Buy” and a consensus target price of $163.00.

Read Our Latest Research Report on DuPont de Nemours

DuPont de Nemours Trading Down 0.9%

Shares of DD opened at $128.41 on Monday. The company’s fifty day moving average is $133.78 and its 200 day moving average is $138.29. DuPont de Nemours has a fifty-two week low of $97.34 and a fifty-two week high of $157.98. The stock has a market capitalization of $17.34 billion, a PE ratio of 285.42, a P/E/G ratio of 1.18 and a beta of 1.05. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.82 and a current ratio of 2.43.

DuPont de Nemours (NYSE:DD – Get Free Report) last released its quarterly 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 net margin of 0.67% and a return on equity of 6.92%. The company had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the prior year, the firm earned $1.12 earnings per share. DuPont de Nemours’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. Sell-side analysts expect that DuPont de Nemours will post 7.26 earnings per share for the current fiscal year.

DuPont de Nemours Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be given a $0.60 dividend. The ex-dividend date is Monday, November 30th. This represents a $2.40 dividend on an annualized basis and a yield of 1.9%. DuPont de Nemours’s dividend payout ratio (DPR) is currently 533.33%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Nalls Sherbakoff Group LLC purchased a new stake in shares of DuPont de Nemours during the fourth quarter valued at $29,000. Elevation Wealth Partners LLC grew its holdings in shares of DuPont de Nemours by 168.5% in the second quarter. Elevation Wealth Partners LLC now owns 239 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 150 shares during the last quarter. Bangor Savings Bank purchased a new position in DuPont de Nemours in the 3rd quarter worth about $36,000. Grove Bank & Trust purchased a new position in DuPont de Nemours in the 3rd quarter worth about $40,000. Finally, Coastline Trust Co purchased a new position in DuPont de Nemours in the 3rd quarter worth about $44,000. Institutional investors own 73.96% of the company’s stock.

About DuPont de Nemours

(Get Free Report)

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.

Recommended Stories

Analyst Recommendations for DuPont de Nemours (NYSE:DD)

Receive News & Ratings for DuPont de Nemours Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DuPont de Nemours and related companies with MarketBeat.com's FREE daily email newsletter.