DuPont de Nemours (NYSE:DD) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says
by Kim Johansen · The Markets DailyDuPont de Nemours (NYSE:DD – Get Free Report) had its price objective boosted by stock analysts at Royal Bank Of Canada from $48.00 to $51.00 in a research note issued on Wednesday,MarketScreener reports. The firm presently has an “outperform” rating on the basic materials company’s stock. Royal Bank Of Canada’s price target suggests a potential upside of 18.15% from the company’s previous close.
Several other analysts also recently commented on the stock. UBS Group raised their price objective on shares of DuPont de Nemours from $46.00 to $49.00 and gave the stock a “buy” rating in a research report on Wednesday, January 7th. Mizuho increased their target price on shares of DuPont de Nemours from $44.00 to $46.00 and gave the company an “outperform” rating in a report on Thursday, December 18th. Wells Fargo & Company dropped their price target on DuPont de Nemours from $100.00 to $50.00 and set an “overweight” rating on the stock in a report on Friday, November 7th. Weiss Ratings restated a “sell (d+)” rating on shares of DuPont de Nemours in a research note on Monday, December 22nd. Finally, Morgan Stanley cut their price objective on shares of DuPont de Nemours from $80.00 to $44.00 in a report on Monday, November 10th. Ten equities research 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. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $45.76.
View Our Latest Stock Report on DuPont de Nemours
DuPont de Nemours Price Performance
Shares of NYSE DD traded up $0.89 during midday trading on Wednesday, reaching $43.17. 417,959 shares of the company were exchanged, compared to its average volume of 4,833,946. DuPont de Nemours has a one year low of $22.50 and a one year high of $44.17. The stock has a market cap of $18.09 billion, a P/E ratio of -23.43, a PEG ratio of 3.18 and a beta of 1.08. The company has a quick ratio of 1.63, a current ratio of 2.00 and a debt-to-equity ratio of 0.30. The stock’s 50-day moving average price is $40.83 and its 200-day moving average price is $35.43.
DuPont de Nemours (NYSE:DD – Get Free Report) last posted its earnings results on Thursday, November 6th. The basic materials company reported $1.09 EPS for the quarter, topping the consensus estimate of $1.04 by $0.05. The business had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $3.12 billion. DuPont de Nemours had a negative net margin of 6.17% and a positive return on equity of 7.81%. The firm’s revenue was down 2.9% compared to the same quarter last year. During the same period last year, the company earned $1.18 EPS. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. On average, sell-side analysts anticipate that DuPont de Nemours will post 4.38 earnings per share for the current fiscal year.
DuPont de Nemours announced that its board has approved a stock buyback program on Thursday, November 6th that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the basic materials company to purchase up to 12.2% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.
Insider Buying and Selling
In other DuPont de Nemours news, SVP Erik T. Hoover sold 6,005 shares of the firm’s stock in a transaction on Friday, November 28th. The stock was 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 owned 112,101 shares of the company’s stock, valued at approximately $4,460,498.79. This trade represents a 5.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 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 completion of the sale, the chief executive officer owned 288,326 shares in the company, valued at approximately $11,377,343.96. This trade represents a 3.03% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.61% of the company’s stock.
Institutional Trading of DuPont de Nemours
Institutional investors have recently made changes to their positions in the stock. Princeton Global Asset Management LLC grew its stake in shares of DuPont de Nemours by 64.4% during the 2nd quarter. Princeton Global Asset Management LLC now owns 365 shares of the basic materials company’s stock valued at $25,000 after purchasing an additional 143 shares during the period. Salomon & Ludwin LLC raised its position in DuPont de Nemours by 186.5% in the third quarter. Salomon & Ludwin LLC now owns 318 shares of the basic materials company’s stock worth $25,000 after acquiring an additional 207 shares during the period. Palisade Asset Management LLC purchased a new position in shares of DuPont de Nemours during the 3rd quarter worth $26,000. Financial Life Planners bought a new stake in shares of DuPont de Nemours during the 3rd quarter valued at $27,000. Finally, Imprint Wealth LLC purchased a new stake in shares of DuPont de Nemours in the 3rd quarter worth $27,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.
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.
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