DuPont de Nemours (NYSE:DD – Free Report) had its target price raised by Royal Bank Of Canada from $48.00 to $51.00 in a report released on Wednesday morning,MarketScreener reports. They currently have an outperform rating on the basic materials company’s stock.
DD has been the topic of a number of other reports. Wells Fargo & Company decreased their price objective on shares of DuPont de Nemours from $100.00 to $50.00 and set an “overweight” rating on the stock in a research note on Friday, November 7th. Morgan Stanley reduced their target price on DuPont de Nemours from $80.00 to $44.00 in a report on Monday, November 10th. UBS Group boosted their price target on DuPont de Nemours from $46.00 to $49.00 and gave the stock a “buy” rating in a report on Wednesday, January 7th. Mizuho raised their price objective on DuPont de Nemours from $44.00 to $46.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of DuPont de Nemours in a research report on Monday, December 22nd. Ten analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $45.99.
Read Our Latest Stock Analysis on DD
DuPont de Nemours Stock Performance
DuPont de Nemours (NYSE:DD – Get Free Report) last posted its quarterly earnings data on Thursday, November 6th. The basic materials company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.05. The business had revenue of $3.07 billion during the quarter, compared to analysts’ expectations of $3.12 billion. DuPont de Nemours had a negative net margin of 6.17% and a positive return on equity of 7.81%. DuPont de Nemours’s revenue was down 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.18 earnings per share. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. Sell-side analysts expect that DuPont de Nemours will post 4.38 EPS for the current fiscal year.
DuPont de Nemours declared that its Board of Directors has initiated a share repurchase plan on Thursday, November 6th that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the basic materials company to buy up to 12.2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its shares are undervalued.
DuPont de Nemours Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 28th were paid a $0.20 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a $0.80 annualized dividend and a dividend yield of 1.8%. DuPont de Nemours’s dividend payout ratio is currently -43.48%.
Insider Buying and Selling
In other DuPont de Nemours news, CEO Lori Koch sold 9,011 shares of the business’s stock in a transaction that occurred on Friday, November 28th. The shares were 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 of the company’s stock, valued at $11,377,343.96. The trade was a 3.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Erik T. Hoover sold 6,005 shares of the firm’s stock in a transaction on Friday, November 28th. The shares were sold at an average price of $39.79, for a total transaction of $238,938.95. Following the transaction, the senior vice president directly owned 112,101 shares of the company’s stock, valued at $4,460,498.79. The trade was a 5.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.61% of the company’s stock.
Institutional Investors Weigh In On DuPont de Nemours
Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of DuPont de Nemours by 6.7% during the third quarter. Vanguard Group Inc. now owns 50,867,267 shares of the basic materials company’s stock worth $3,962,560,000 after acquiring an additional 3,203,044 shares during the last quarter. State Street Corp raised its holdings in DuPont de Nemours by 4.8% during the 2nd quarter. State Street Corp now owns 18,363,975 shares of the basic materials company’s stock worth $1,259,585,000 after purchasing an additional 842,852 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of DuPont de Nemours by 4.8% in the 2nd quarter. Geode Capital Management LLC now owns 10,782,760 shares of the basic materials company’s stock worth $736,487,000 after purchasing an additional 496,691 shares during the period. Invesco Ltd. lifted its position in shares of DuPont de Nemours by 28.2% in the 3rd quarter. Invesco Ltd. now owns 8,828,110 shares of the basic materials company’s stock worth $687,710,000 after purchasing an additional 1,942,589 shares during the period. Finally, Franklin Resources Inc. boosted its stake in shares of DuPont de Nemours by 1.4% in the 3rd quarter. Franklin Resources Inc. now owns 7,096,122 shares of the basic materials company’s stock valued at $552,788,000 after purchasing an additional 98,590 shares during the last quarter. Institutional investors own 73.96% of the company’s stock.
DuPont de Nemours Company Profile
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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