DuPont de Nemours (NYSE:DD) Hits New 1-Year High on Analyst Upgrade

DuPont de Nemours, Inc. (NYSE:DD)’s share price hit a new 52-week high during mid-day trading on Thursday after Citigroup raised their price target on the stock from $47.00 to $50.00. Citigroup currently has a buy rating on the stock. DuPont de Nemours traded as high as $44.62 and last traded at $44.5870, with a volume of 1294109 shares. The stock had previously closed at $43.38.

Other equities research analysts have also recently issued research reports about the stock. Zacks Research raised shares of DuPont de Nemours from a “strong sell” rating to a “hold” rating in a research report on Friday, January 9th. Wells Fargo & Company lowered their price objective on shares of DuPont de Nemours from $100.00 to $50.00 and set an “overweight” rating for the company in a research note on Friday, November 7th. JPMorgan Chase & Co. increased their target price on shares of DuPont de Nemours from $48.00 to $50.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. KeyCorp boosted their price target on DuPont de Nemours from $45.00 to $51.00 and gave the company an “overweight” rating in a report on Friday, January 9th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on DuPont de Nemours from $90.00 to $46.00 and set a “buy” rating for the company in a research report on Tuesday, November 25th. Ten analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and a consensus target price of $45.99.

Insiders Place Their Bets

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 legal filing with the SEC, which is available at this hyperlink. Also, CEO Lori Koch sold 9,011 shares of the business’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. The trade was a 3.03% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.61% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in shares of DuPont de Nemours by 6.7% in 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 purchasing an additional 3,203,044 shares during the last quarter. State Street Corp increased its holdings in DuPont de Nemours by 4.8% in 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 buying an additional 842,852 shares in the last quarter. Geode Capital Management LLC raised its position in 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 buying an additional 496,691 shares during the last quarter. Invesco Ltd. lifted its stake in DuPont de Nemours by 28.2% during the 3rd quarter. Invesco Ltd. now owns 8,828,110 shares of the basic materials company’s stock valued at $687,710,000 after acquiring an additional 1,942,589 shares during the period. Finally, Franklin Resources Inc. lifted its stake in DuPont de Nemours by 1.4% during 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 acquiring an additional 98,590 shares during the period. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

The business’s fifty day moving average price is $40.88 and its 200-day moving average price is $35.48. The stock has a market cap of $18.77 billion, a PE ratio of -24.33, a P/E/G ratio of 3.13 and a beta of 1.08. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.63 and a current ratio of 2.00.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings data on Thursday, November 6th. The basic materials company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.04 by $0.05. DuPont de Nemours had a negative net margin of 6.17% and a positive return on equity of 7.81%. The company had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $3.12 billion. During the same quarter in the prior year, the firm earned $1.18 earnings per share. The firm’s revenue for the quarter was down 2.9% compared to the same quarter last year. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. As a group, equities research analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 28th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Friday, November 28th. DuPont de Nemours’s dividend payout ratio (DPR) is -43.48%.

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

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.