Citigroup Raises DuPont de Nemours (NYSE:DD) Price Target to $50.00

DuPont de Nemours (NYSE:DDGet Free Report) had its price objective increased by stock analysts at Citigroup from $47.00 to $50.00 in a research note issued to investors on Tuesday,MarketScreener reports. The brokerage currently has a “buy” rating on the basic materials company’s stock. Citigroup’s price target suggests a potential upside of 10.76% from the company’s previous close.

Other equities research analysts also recently issued research reports about the stock. KeyCorp raised their price objective on shares of DuPont de Nemours from $45.00 to $51.00 and gave the stock an “overweight” rating in a research note on Friday, January 9th. Wells Fargo & Company decreased their price target on shares of DuPont de Nemours from $100.00 to $50.00 and set an “overweight” rating on the stock in a research report on Friday, November 7th. Morgan Stanley cut their price objective on shares of DuPont de Nemours from $80.00 to $44.00 in a research report on Monday, November 10th. Deutsche Bank Aktiengesellschaft decreased their target price on DuPont de Nemours from $90.00 to $46.00 and set a “buy” rating on the stock in a research report on Tuesday, November 25th. Finally, BMO Capital Markets cut their price target on DuPont de Nemours from $104.00 to $50.00 and set an “outperform” rating for the company in a report on Monday, November 3rd. Ten 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. According to data from MarketBeat, DuPont de Nemours presently has an average rating of “Moderate Buy” and a consensus target price of $45.99.

Check Out Our Latest Research Report on DD

DuPont de Nemours Stock Performance

Shares of NYSE DD traded up $0.71 during trading hours on Tuesday, hitting $45.14. 262,907 shares of the stock were exchanged, compared to its average volume of 4,601,969. DuPont de Nemours has a one year low of $22.50 and a one year high of $45.22. The company’s 50 day moving average is $41.77 and its 200 day moving average is $36.25. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.00 and a quick ratio of 1.63. The firm has a market capitalization of $18.91 billion, a P/E ratio of -24.46, a P/E/G ratio of 3.26 and a beta of 1.08.

DuPont de Nemours (NYSE:DDGet Free Report) last posted its quarterly earnings data on Thursday, November 6th. The basic materials company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.05. DuPont de Nemours had a positive return on equity of 7.81% and a negative net margin of 6.17%.The business had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same period in the previous year, the company posted $1.18 earnings per share. The firm’s revenue for the quarter was down 2.9% on a year-over-year basis. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. On average, research analysts expect that DuPont de Nemours will post 4.38 EPS for the current year.

DuPont de Nemours declared that its board has initiated a stock repurchase program on Thursday, November 6th that authorizes the company to buyback $2.00 billion in shares. This buyback authorization authorizes the basic materials company to repurchase up to 12.2% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling at DuPont de Nemours

In related news, SVP Erik T. Hoover sold 6,005 shares of DuPont de Nemours stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $39.79, for a total transaction of $238,938.95. Following the completion of the transaction, the senior vice president directly owned 112,101 shares of the company’s stock, valued at $4,460,498.79. This trade represents a 5.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Lori Koch sold 9,011 shares of the company’s stock in a transaction dated Friday, November 28th. The stock was sold at an average price of $39.46, for a total transaction of $355,574.06. Following the sale, the chief executive officer directly owned 288,326 shares in the company, valued at $11,377,343.96. This represents a 3.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.61% of the stock is currently owned by insiders.

Institutional Trading of DuPont de Nemours

Large investors have recently made changes to their positions in the business. Obermeyer Wealth Partners increased its position in shares of DuPont de Nemours by 73.6% during the 2nd quarter. Obermeyer Wealth Partners now owns 25,159 shares of the basic materials company’s stock worth $1,726,000 after purchasing an additional 10,663 shares during the last quarter. KLP Kapitalforvaltning AS lifted its stake in shares of DuPont de Nemours by 3.4% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 157,376 shares of the basic materials company’s stock worth $10,794,000 after buying an additional 5,200 shares during the last quarter. Prospera Financial Services Inc lifted its position in DuPont de Nemours by 19.1% during the second quarter. Prospera Financial Services Inc now owns 94,434 shares of the basic materials company’s stock worth $6,477,000 after acquiring an additional 15,144 shares during the last quarter. Drummond Knight Asset Management Pty Ltd lifted its holdings in DuPont de Nemours by 107.9% during the 2nd quarter. Drummond Knight Asset Management Pty Ltd now owns 704,489 shares of the basic materials company’s stock worth $48,321,000 after purchasing an additional 365,619 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of DuPont de Nemours by 0.9% in the third quarter. Bank of New York Mellon Corp now owns 3,169,908 shares of the basic materials company’s stock valued at $246,936,000 after acquiring an additional 29,543 shares during the period. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Company Profile

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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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Analyst Recommendations for DuPont de Nemours (NYSE:DD)

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