The Goldman Sachs Group Has Lowered Expectations for DuPont de Nemours (NYSE:DD) Stock Price

DuPont de Nemours (NYSE:DD) had its target price lowered by stock analysts at The Goldman Sachs Group from $159.00 to $153.00 in a research report issued to clients and investors on Wednesday. The brokerage presently has a “neutral” rating on the basic materials company’s stock. The Goldman Sachs Group’s price target would indicate a potential upside of 17.69% from the company’s current price.

Several other research firms have also recently weighed in on DD. Weiss Ratings restated a “sell (d+)” rating on shares of DuPont de Nemours in a report on Monday, August 3rd. JPMorgan Chase & Co. upped their price target on shares of DuPont de Nemours from $171.00 to $172.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Zacks Research downgraded shares of DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 17th. UBS Group lifted their target price on DuPont de Nemours from $175.00 to $178.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Finally, Citigroup raised their price target on DuPont de Nemours from $168.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Twelve research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $166.20.

DuPont de Nemours Price Performance

Shares of DuPont de Nemours stock opened at $130.00 on Wednesday. The business has a 50 day moving average of $135.91 and a 200 day moving average of $138.59. The company has a quick ratio of 1.82, a current ratio of 2.43 and a debt-to-equity ratio of 0.23. The company has a market cap of $17.56 billion, a PE ratio of 288.94, a P/E/G ratio of 1.19 and a beta of 1.06. DuPont de Nemours has a 52 week low of $92.49 and a 52 week high of $157.98.

DuPont de Nemours (NYSE:DD) last released its earnings results on Tuesday, August 4th. The basic materials company reported $1.88 EPS for the quarter, topping the consensus estimate 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 business had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the previous year, the company posted $1.12 earnings per share. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. As a group, equities research analysts forecast that DuPont de Nemours will post 7.27 earnings per share for the current year.

Institutional Trading of DuPont de Nemours

Hedge funds and other institutional investors have recently made changes to their positions in the business. State Street Corp raised its position in DuPont de Nemours by 140.3% during the second quarter. State Street Corp now owns 44,941,824 shares of the basic materials company’s stock valued at $6,095,909,000 after acquiring an additional 26,238,300 shares in the last quarter. Auto Owners Insurance Co grew its position in shares of DuPont de Nemours by 4,275.8% during the 4th quarter. Auto Owners Insurance Co now owns 17,552,405 shares of the basic materials company’s stock valued at $70,561,000 after acquiring an additional 17,151,278 shares during the period. Norges Bank acquired a new position in DuPont de Nemours in the 4th quarter worth about $118,037,000. Fred Alger Management LLC purchased a new stake in shares of DuPont de Nemours in the fourth quarter valued at approximately $96,068,000. Finally, Pacer Advisors Inc. lifted its position in shares of DuPont de Nemours by 3,951.2% during the 4th quarter. Pacer Advisors Inc. now owns 1,818,000 shares of the basic materials company’s stock valued at $73,084,000 after buying an additional 1,773,124 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

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.