DuPont de Nemours (NYSE:DD) Reaches New 12-Month High Following Analyst Upgrade

DuPont de Nemours, Inc. (NYSE:DD) shares hit a new 52-week high on Tuesday 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 $45.88 and last traded at $45.5690, with a volume of 1122889 shares. The stock had previously closed at $44.43.

A number of other brokerages have also commented on DD. Deutsche Bank Aktiengesellschaft decreased their price target on shares of DuPont de Nemours from $90.00 to $46.00 and set a “buy” rating on the stock in a report on Tuesday, November 25th. Morgan Stanley reduced their target price on DuPont de Nemours from $80.00 to $44.00 in a research note on Monday, November 10th. Wells Fargo & Company dropped their price target on 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. upped their price objective on DuPont de Nemours from $48.00 to $50.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. Finally, Zacks Research upgraded DuPont de Nemours from a “strong sell” rating to a “hold” rating in a research report on Friday, January 9th. Ten research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.99.

Insider Activity at DuPont de Nemours

In other DuPont de Nemours news, CEO Lori Koch sold 9,011 shares of the firm’s stock in a transaction on Friday, November 28th. The shares were sold at an average price of $39.46, for a total value of $355,574.06. Following the sale, the chief executive officer owned 288,326 shares of the company’s stock, valued at $11,377,343.96. This trade represents a 3.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Erik T. Hoover sold 6,005 shares of the company’s 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 transaction, the senior vice president directly 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.61% of the company’s stock.

Institutional Investors Weigh In On DuPont de Nemours

A number of large investors have recently modified their holdings of the stock. Norges Bank purchased a new position in shares of DuPont de Nemours in the 2nd quarter valued at approximately $313,306,000. Vanguard Group Inc. lifted its position in DuPont de Nemours by 6.7% during the third quarter. Vanguard Group Inc. now owns 50,867,267 shares of the basic materials company’s stock valued at $3,962,560,000 after buying an additional 3,203,044 shares during the period. Invesco Ltd. boosted its holdings in shares of 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 buying an additional 1,942,589 shares in the last quarter. Mondrian Investment Partners LTD purchased a new stake in shares of DuPont de Nemours in the 3rd quarter worth about $138,503,000. Finally, Ilex Capital Partners UK LLP grew its position in shares of DuPont de Nemours by 175.8% in the 2nd quarter. Ilex Capital Partners UK LLP now owns 2,043,299 shares of the basic materials company’s stock worth $140,150,000 after buying an additional 1,302,341 shares during the period. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

The company has a market capitalization of $19.13 billion, a P/E ratio of -24.79, a price-to-earnings-growth ratio of 3.26 and a beta of 1.08. The company’s 50 day moving average is $41.77 and its 200-day moving average is $36.25. The company has a current ratio of 2.00, a quick ratio of 1.63 and a debt-to-equity ratio of 0.30.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data on Thursday, November 6th. The basic materials company reported $1.09 earnings per share for the quarter, topping 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 business had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.12 billion. During the same quarter in the prior year, the company earned $1.18 earnings per share. The business’s revenue 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. Equities analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Friday, November 28th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Friday, November 28th. DuPont de Nemours’s payout ratio is -43.48%.

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 outstanding shares. This repurchase authorization authorizes the basic materials company to repurchase up to 12.2% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s management 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.