DuPont de Nemours (NYSE:DD) Price Target Raised to $60.00

DuPont de Nemours (NYSE:DD) had its target price raised by Royal Bank Of Canada from $56.00 to $60.00 in a research report sent to investors on Monday morning, Marketbeat Ratings reports. Royal Bank Of Canada currently has an outperform rating on the basic materials company’s stock.

Other research analysts also recently issued research reports about the stock. Mizuho boosted their price objective on shares of DuPont de Nemours from $46.00 to $52.00 and gave the stock an “outperform” rating in a report on Tuesday, February 10th. Bank of America decreased their target price on shares of DuPont de Nemours from $50.00 to $47.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 21st. Argus decreased their target price on shares of DuPont de Nemours from $86.00 to $52.00 and set a “buy” rating on the stock in a research report on Thursday, February 5th. UBS Group lifted their target price on shares of DuPont de Nemours from $56.00 to $59.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Wolfe Research lifted their target price on shares of DuPont de Nemours from $49.00 to $54.00 and gave the company an “outperform” rating in a research report on Wednesday, February 11th. Twelve analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $55.21.

DuPont de Nemours Stock Performance

NYSE:DD opened at $51.15 on Monday. The firm’s 50-day moving average is $46.44 and its 200-day moving average is $43.84. DuPont de Nemours has a 52-week low of $27.16 and a 52-week high of $52.66. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.11 and a current ratio of 2.68. The company has a market cap of $20.97 billion, a price-to-earnings ratio of -852.34, a PEG ratio of 1.43 and a beta of 1.02.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.07. DuPont de Nemours had a negative net margin of 0.30% and a positive return on equity of 7.15%. The company had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter in the previous year, the firm posted $1.03 EPS. The business’s revenue was up 4.3% compared to the same quarter last year. DuPont de Nemours has set its Q2 2026 guidance at 0.590-0.590 EPS and its FY 2026 guidance at 2.350-2.400 EPS. Equities research analysts anticipate that DuPont de Nemours will post 2.39 earnings per share for the current year.

DuPont de Nemours Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be given a $0.20 dividend. The ex-dividend date is Friday, May 15th. This represents a $0.80 dividend on an annualized basis and a yield of 1.6%. DuPont de Nemours’s payout ratio is -1,333.33%.

Hedge Funds Weigh In On DuPont de Nemours

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Palisade Asset Management LLC bought a new position in shares of DuPont de Nemours in the third quarter worth about $26,000. Financial Life Planners bought a new position in shares of DuPont de Nemours in the third quarter worth about $27,000. Imprint Wealth LLC bought a new position in shares of DuPont de Nemours in the third quarter worth about $27,000. Measured Wealth Private Client Group LLC bought a new position in shares of DuPont de Nemours in the third quarter worth about $30,000. Finally, Aster Capital Management DIFC Ltd bought a new position in shares of DuPont de Nemours in the third quarter worth about $44,000. 73.96% of the stock is currently owned by institutional investors and hedge funds.

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.