Shares of DuPont de Nemours, Inc. (NYSE:DD – Get Free Report) crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $138.24 and traded as high as $138.89. DuPont de Nemours shares last traded at $138.6980, with a volume of 537,356 shares traded.
Analysts Set New Price Targets
DD has been the topic of several recent analyst reports. UBS Group dropped their price target on shares of DuPont de Nemours from $178.00 to $172.00 and set a “buy” rating on the stock in a research note on Monday, October 5th. Citigroup reduced their price objective on shares of DuPont de Nemours from $170.00 to $162.00 and set a “buy” rating for the company in a research report on Wednesday, October 7th. Barclays started coverage on shares of DuPont de Nemours in a report on Tuesday, October 13th. They issued an “overweight” rating and a $156.00 target price for the company. JPMorgan Chase & Co. downgraded shares of DuPont de Nemours from an “overweight” rating to a “neutral” rating and dropped their target price for the company from $172.00 to $145.00 in a research report on Friday, October 9th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of DuPont de Nemours in a research note on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, DuPont de Nemours has a consensus rating of “Moderate Buy” and a consensus target price of $162.00.
Read Our Latest Analysis on DD
DuPont de Nemours Trading Down 0.4%
The business has a 50-day moving average of $132.26 and a 200-day moving average of $138.34. The stock has a market capitalization of $18.92 billion, a price-to-earnings ratio of 311.35, a PEG ratio of 1.30 and a beta of 1.05. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.82 and a current ratio of 2.43.
DuPont de Nemours (NYSE:DD – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $1.88 EPS for the quarter, topping the consensus estimate of $1.76 by $0.12. The company had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.81 billion. DuPont de Nemours had a return on equity of 6.92% and a net margin of 0.67%. The firm’s revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.12 earnings per share. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. As a group, research analysts forecast that DuPont de Nemours, Inc. will post 7.25 EPS for the current year.
DuPont de Nemours Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be paid a dividend of $0.60 per share. The ex-dividend date is Monday, November 30th. This represents a $2.40 annualized dividend and a dividend yield of 1.7%. DuPont de Nemours’s dividend payout ratio is 533.33%.
Hedge Funds Weigh In On DuPont de Nemours
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Rakuten Investment Management Inc. grew its stake in DuPont de Nemours by 8.5% in the 3rd quarter. Rakuten Investment Management Inc. now owns 24,237 shares of the basic materials company’s stock valued at $3,154,000 after acquiring an additional 1,890 shares during the last quarter. AIA Group Ltd acquired a new position in DuPont de Nemours in the 3rd quarter valued at $529,000. Providence Wealth Advisors LLC increased its stake in DuPont de Nemours by 2.2% in the third quarter. Providence Wealth Advisors LLC now owns 5,243 shares of the basic materials company’s stock valued at $682,000 after purchasing an additional 113 shares during the last quarter. Traynor Capital Management Inc. lifted its holdings in shares of DuPont de Nemours by 14.0% during the 3rd quarter. Traynor Capital Management Inc. now owns 15,580 shares of the basic materials company’s stock worth $2,024,000 after acquiring an additional 1,917 shares during the period. Finally, Greenleaf Trust raised its stake in DuPont de Nemours by 189.1% during the third quarter. Greenleaf Trust now owns 16,398 shares of the basic materials company’s stock worth $2,130,000 after purchasing an additional 10,726 shares during the period. Hedge funds and other institutional investors own 73.96% of the company’s stock.
About DuPont de Nemours
DuPont de Nemours, Inc is a diversified science and technology company that develops engineered materials and specialty products for industrial and consumer markets. Its offerings are used in applications including electronics, semiconductor manufacturing, water purification, transportation, construction, healthcare, and worker and consumer protection.
The company’s product portfolio has historically included high-performance films, resins, adhesives, engineered polymers, specialty fibers, protective materials, water-treatment membranes, and filtration technologies.
Featured Articles
- Five stocks we like better than DuPont de Nemours
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Receive News & Ratings for DuPont de Nemours Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DuPont de Nemours and related companies with MarketBeat.com's FREE daily email newsletter.
