DuPont de Nemours (NYSE:DD) Issues FY 2025 Earnings Guidance

DuPont de Nemours (NYSE:DD) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.660-1.660 for the period, compared to the consensus estimate of 2.960. The company issued revenue guidance of $6.8 billion-$6.8 billion, compared to the consensus revenue estimate of $8.7 billion.

DuPont de Nemours Trading Up 1.0%

DD stock opened at $40.82 on Thursday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.41 and a quick ratio of 0.94. The stock has a market capitalization of $17.10 billion, a price-to-earnings ratio of -86.85, a P/E/G ratio of 2.49 and a beta of 1.11. The business has a fifty day moving average price of $72.18 and a 200 day moving average price of $71.42. DuPont de Nemours has a fifty-two week low of $22.50 and a fifty-two week high of $41.23.

DuPont de Nemours (NYSE:DD) last released its earnings results on Monday, July 11th. The basic materials company reported $0.69 earnings per share (EPS) for the quarter. DuPont de Nemours had a negative net margin of 1.54% and a positive return on equity of 7.85%. The company had revenue of $3.02 billion for the quarter. Analysts expect that DuPont de Nemours will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, November 28th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a $0.80 dividend on an annualized basis and a yield of 2.0%. DuPont de Nemours’s dividend payout ratio (DPR) is presently -43.48%.

DuPont de Nemours announced that its board has approved a share repurchase program on Thursday, November 6th that allows the company to buyback $2.00 billion in shares. This buyback authorization allows the basic materials company to reacquire up to 12.2% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.

Analysts Set New Price Targets

DD has been the topic of several analyst reports. Citigroup increased their target price on DuPont de Nemours from $38.90 to $47.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Wolfe Research cut their price objective on shares of DuPont de Nemours from $87.00 to $39.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 4th. BMO Capital Markets reduced their price target on DuPont de Nemours from $104.00 to $50.00 and set an “outperform” rating for the company in a research report on Monday, November 3rd. Zacks Research downgraded shares of DuPont de Nemours from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 14th. Finally, Weiss Ratings downgraded DuPont de Nemours from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, November 7th. Nine research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $65.92.

Insiders Place Their Bets

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the business’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $77.17, for a total value of $3,334,361.36. Following the completion of the sale, the senior vice president owned 38,585 shares of the company’s stock, valued at $2,977,604.45. The trade was a 52.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In the last ninety days, insiders have sold 74,208 shares of company stock valued at $5,714,861. 0.61% of the stock is owned by insiders.

Institutional Investors Weigh In On DuPont de Nemours

Several institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC increased its stake in DuPont de Nemours by 139.3% during the 2nd quarter. AQR Capital Management LLC now owns 1,791,511 shares of the basic materials company’s stock worth $122,486,000 after acquiring an additional 1,042,929 shares during the period. Man Group plc grew its holdings in shares of DuPont de Nemours by 95.8% during the 2nd quarter. Man Group plc now owns 1,078,740 shares of the basic materials company’s stock worth $73,991,000 after purchasing an additional 527,881 shares in the last quarter. Scopus Asset Management L.P. bought a new position in shares of DuPont de Nemours in the second quarter worth $18,573,000. Raymond James Financial Inc. raised its stake in DuPont de Nemours by 38.0% in the second quarter. Raymond James Financial Inc. now owns 920,333 shares of the basic materials company’s stock valued at $63,126,000 after purchasing an additional 253,432 shares in the last quarter. Finally, Quantinno Capital Management LP lifted its position in DuPont de Nemours by 90.0% during the second quarter. Quantinno Capital Management LP now owns 374,973 shares of the basic materials company’s stock worth $25,719,000 after purchasing an additional 177,626 shares during the period. 73.96% of the stock is currently owned by institutional investors.

DuPont de Nemours Company Profile

DuPont de Nemours, Inc provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.