DuPont de Nemours (NYSE:DD) Given New $51.00 Price Target at Royal Bank Of Canada

DuPont de Nemours (NYSE:DD) had its target price boosted by Royal Bank Of Canada from $48.00 to $51.00 in a report issued on Wednesday,MarketScreener reports. The brokerage currently has an “outperform” rating on the basic materials company’s stock. Royal Bank Of Canada’s target price points to a potential upside of 18.15% from the company’s previous close.

A number of other equities analysts have also recently issued reports on DD. JPMorgan Chase & Co. raised their price objective on shares of DuPont de Nemours from $48.00 to $50.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. Zacks Research raised DuPont de Nemours from a “strong sell” rating to a “hold” rating in a research note on Friday, January 9th. Mizuho boosted their target price on DuPont de Nemours from $44.00 to $46.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Wolfe Research increased their price target on shares of DuPont de Nemours from $44.00 to $49.00 and gave the company an “outperform” rating in a research report on Friday, January 16th. Finally, BMO Capital Markets decreased their price objective on shares of DuPont de Nemours from $104.00 to $50.00 and set an “outperform” rating for the company in a report on Monday, November 3rd. Ten research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $45.76.

DuPont de Nemours Price Performance

Shares of DuPont de Nemours stock traded up $0.89 during trading on Wednesday, reaching $43.17. The company’s stock had a trading volume of 417,959 shares, compared to its average volume of 4,833,946. DuPont de Nemours has a one year low of $22.50 and a one year high of $44.17. The stock has a 50-day moving average price of $40.83 and a two-hundred day moving average price of $35.43. The company has a current ratio of 2.00, a quick ratio of 1.63 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $18.09 billion, a P/E ratio of -23.43, a price-to-earnings-growth ratio of 3.18 and a beta of 1.08.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data on Thursday, November 6th. The basic materials company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.05. The firm had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.12 billion. DuPont de Nemours had a positive return on equity of 7.81% and a negative net margin of 6.17%.The business’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same period last year, the company earned $1.18 EPS. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. As a group, sell-side analysts anticipate that DuPont de Nemours will post 4.38 EPS for the current fiscal year.

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

Insider Buying and Selling at DuPont de Nemours

In related news, CEO Lori Koch sold 9,011 shares of DuPont de Nemours stock in a transaction dated Friday, November 28th. The stock was 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 approximately $11,377,343.96. The trade was a 3.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Erik T. Hoover sold 6,005 shares of the stock in a transaction that occurred on Friday, November 28th. The shares were sold at an average price of $39.79, for a total value of $238,938.95. Following the transaction, the senior vice president directly owned 112,101 shares of the company’s stock, valued at $4,460,498.79. This trade represents a 5.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.61% of the stock is currently owned by insiders.

Institutional Investors Weigh In On DuPont de Nemours

A number of institutional investors have recently made changes to their positions in the company. Princeton Global Asset Management LLC boosted its stake in DuPont de Nemours by 64.4% in the 2nd quarter. Princeton Global Asset Management LLC now owns 365 shares of the basic materials company’s stock valued at $25,000 after purchasing an additional 143 shares during the period. Salomon & Ludwin LLC raised its stake in DuPont de Nemours by 186.5% in the 3rd quarter. Salomon & Ludwin LLC now owns 318 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 207 shares in the last quarter. Palisade Asset Management LLC acquired a new position in shares of DuPont de Nemours during the 3rd quarter worth approximately $26,000. Financial Life Planners acquired a new stake in shares of DuPont de Nemours in the third quarter valued at approximately $27,000. Finally, Imprint Wealth LLC acquired a new stake in DuPont de Nemours during the third quarter worth approximately $27,000. Institutional investors own 73.96% of the company’s stock.

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.