DuPont de Nemours (NYSE:DD) Stock Gets Price Target Reduction from Citigroup

DuPont de Nemours (NYSE:DD – Free Report) had its price target trimmed by Citigroup from $170.00 to $162.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a buy rating on the basic materials company’s stock.

A number of other research firms have also weighed in on DD. Royal Bank Of Canada lowered their target price on shares of DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating on the stock in a report on Friday, August 7th. Zacks Research downgraded DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 17th. UBS Group decreased their price objective on DuPont de Nemours from $178.00 to $172.00 and set a “buy” rating for the company in a report on Monday, October 5th. The Goldman Sachs Group lowered their price objective on DuPont de Nemours from $159.00 to $153.00 and set a “neutral” rating for the company in a research note on Wednesday, September 30th. Finally, JPMorgan Chase & Co. raised their target price on DuPont de Nemours from $171.00 to $172.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Eleven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $163.47.

Get Our Latest Research Report on DuPont de Nemours

DuPont de Nemours Price Performance

Shares of DD opened at $130.08 on Wednesday. The business’s fifty day moving average is $134.66 and its 200 day moving average is $138.42. DuPont de Nemours has a 12-month low of $92.49 and a 12-month high of $157.98. The company has a quick ratio of 1.82, a current ratio of 2.43 and a debt-to-equity ratio of 0.23. The stock has a market cap of $17.57 billion, a P/E ratio of 289.12, a P/E/G ratio of 1.21 and a beta of 1.05.

DuPont de Nemours (NYSE:DD – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.12. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. The business had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the previous year, the business posted $1.12 EPS. DuPont de Nemours’s quarterly revenue was up 4.0% on a year-over-year basis. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. Sell-side analysts anticipate that DuPont de Nemours will post 7.26 earnings per share for the current fiscal year.

Hedge Funds Weigh In On DuPont de Nemours

Several hedge funds have recently modified their holdings of DD. State Street Corp grew its holdings in shares of DuPont de Nemours by 140.3% in 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 acquiring an additional 26,238,300 shares in the last quarter. Bank of America Corp DE lifted its holdings in DuPont de Nemours by 22.0% during 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 acquiring an additional 835,572 shares during the period. Bank of New York Mellon Corp lifted its holdings in DuPont de Nemours by 10.0% during the first 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 during the period. Dimensional Fund Advisors LP boosted its position in DuPont de Nemours by 4.9% in the first quarter. Dimensional Fund Advisors LP now owns 3,509,831 shares of the basic materials company’s stock worth $160,688,000 after purchasing an additional 163,210 shares during the last quarter. Finally, Amundi grew its stake in DuPont de Nemours by 31.3% in the 1st quarter. Amundi now owns 2,478,630 shares of the basic materials company’s stock valued at $113,526,000 after purchasing an additional 591,011 shares during the period. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Company Profile

(Get Free Report)

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.

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