DuPont de Nemours (NYSE:DD) Research Coverage Started at Barclays

Barclays started coverage on shares of DuPont de Nemours (NYSE:DD) in a report released on Tuesday morning, Marketbeat Ratings reports. The brokerage issued an overweight rating and a $156.00 price target on the basic materials company’s stock.

Several other analysts also recently issued reports on the stock. Zacks Research downgraded shares of DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. Citigroup lowered their price objective on shares of DuPont de Nemours from $170.00 to $162.00 and set a “buy” rating on the stock in a report on Wednesday, October 7th. UBS Group dropped their price objective on shares of DuPont de Nemours from $178.00 to $172.00 and set a “buy” rating on the stock in a research note on Monday, October 5th. JPMorgan Chase & Co. cut shares of DuPont de Nemours from an “overweight” rating to a “neutral” rating and reduced their price objective for the company from $172.00 to $145.00 in a report on Friday, October 9th. Finally, The Goldman Sachs Group reduced their price objective on shares of DuPont de Nemours from $159.00 to $153.00 and set a “neutral” rating for the company in a report on Wednesday, September 30th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $162.00.

DuPont de Nemours Stock Performance

Shares of DuPont de Nemours stock opened at $131.45 on Tuesday. DuPont de Nemours has a one year low of $97.34 and a one year high of $157.98. The firm has a market capitalization of $17.75 billion, a price-to-earnings ratio of 292.17, a PEG ratio of 1.17 and a beta of 1.05. The business has a 50-day simple moving average of $133.53 and a 200 day simple moving average of $138.26. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.43 and a quick ratio of 1.82.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.12. The business had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.81 billion. DuPont de Nemours had a return on equity of 6.92% and a net margin of 0.67%. The company’s quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.12 earnings per share. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. On average, research analysts anticipate that DuPont de Nemours will post 7.26 earnings per share for the current fiscal year.

DuPont de Nemours Dividend Announcement

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 issued a dividend of $0.60 per share. The ex-dividend date is Monday, November 30th. This represents a $2.40 annualized dividend and a yield of 1.8%. DuPont de Nemours’s dividend payout ratio is 533.33%.

Hedge Funds Weigh In On DuPont de Nemours

Several large investors have recently bought and sold shares of the stock. Iams Wealth Management LLC boosted its holdings in DuPont de Nemours by 174.2% during the third quarter. Iams Wealth Management LLC now owns 25,243 shares of the basic materials company’s stock worth $3,279,000 after purchasing an additional 16,038 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in shares of DuPont de Nemours by 675.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 433,535 shares of the basic materials company’s stock worth $56,312,000 after buying an additional 377,661 shares in the last quarter. PFG Private Wealth Management LLC lifted its position in shares of DuPont de Nemours by 241.0% during the 3rd quarter. PFG Private Wealth Management LLC now owns 7,073 shares of the basic materials company’s stock worth $919,000 after buying an additional 4,999 shares in the last quarter. State of Alaska Department of Revenue boosted its stake in shares of DuPont de Nemours by 458.3% in the 3rd quarter. State of Alaska Department of Revenue now owns 74,740 shares of the basic materials company’s stock worth $9,708,000 after buying an additional 61,352 shares during the last quarter. Finally, ZWJ Investment Counsel Inc. boosted its stake in shares of DuPont de Nemours by 22,166.0% in the 3rd quarter. ZWJ Investment Counsel Inc. now owns 383,198 shares of the basic materials company’s stock worth $49,774,000 after buying an additional 381,477 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors.

About DuPont de Nemours

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.