DuPont de Nemours (NYSE:DD) Upgraded to Strong-Buy at Barclays

Barclays upgraded shares of DuPont de Nemours (NYSE:DD) to a strong-buy rating in a research report released on Monday morning,Zacks reports.

Other equities analysts have also issued research reports about the stock. 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 research report on Wednesday, September 30th. Zacks Research lowered DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. JPMorgan Chase & Co. downgraded DuPont de Nemours from an “overweight” rating to a “neutral” rating and reduced their target price for the company from $172.00 to $145.00 in a report on Friday, October 9th. UBS Group decreased their price target on DuPont de Nemours from $178.00 to $172.00 and set a “buy” rating for the company in a research report on Monday, October 5th. Finally, Royal Bank Of Canada decreased their price target on DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating for the company in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $163.00.

DuPont de Nemours Trading Down 0.9%

Shares of DD stock opened at $128.41 on Monday. The stock has a 50-day simple moving average of $133.78 and a 200 day simple moving average of $138.29. DuPont de Nemours has a fifty-two week low of $97.34 and a fifty-two week high of $157.98. The stock has a market capitalization of $17.34 billion, a P/E ratio of 285.42, a P/E/G ratio of 1.18 and a beta of 1.05. The company has a quick ratio of 1.82, a current ratio of 2.43 and a debt-to-equity ratio of 0.23.

DuPont de Nemours (NYSE:DD) last released its earnings results on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.76 by $0.12. DuPont de Nemours had a return on equity of 6.92% and a net margin of 0.67%. The firm had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period in the previous year, the company earned $1.12 earnings per share. DuPont de Nemours’s revenue was up 4.0% compared to the same quarter last year. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. On average, sell-side analysts expect 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 disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, November 30th. This represents a $2.40 dividend on an annualized basis and a yield of 1.9%. DuPont de Nemours’s payout ratio is presently 533.33%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. State Street Corp raised its holdings in DuPont de Nemours by 140.3% during the second quarter. State Street Corp now owns 44,941,824 shares of the basic materials company’s stock valued at $6,095,909,000 after buying an additional 26,238,300 shares in the last quarter. Bank of America Corp DE lifted its position in shares of DuPont de Nemours by 22.0% in the first quarter. Bank of America Corp DE now owns 4,629,671 shares of the basic materials company’s stock worth $212,039,000 after buying an additional 835,572 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of DuPont de Nemours by 10.0% during the 1st quarter. Bank of New York Mellon Corp now owns 3,706,596 shares of the basic materials company’s stock worth $169,762,000 after acquiring an additional 336,780 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of DuPont de Nemours by 4.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,509,831 shares of the basic materials company’s stock worth $160,688,000 after acquiring an additional 163,210 shares in the last quarter. Finally, Amundi boosted its stake in shares of DuPont de Nemours by 31.3% during the 1st quarter. Amundi now owns 2,478,630 shares of the basic materials company’s stock worth $113,526,000 after acquiring an additional 591,011 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

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.