Barclays assumed coverage on shares of DuPont de Nemours (NYSE:DD – Get Free Report) in a research report issued on Tuesday, Briefing.com reports. The firm set an “overweight” rating and a $156.00 price target on the basic materials company’s stock. Barclays‘s price objective points to a potential upside of 20.60% from the company’s current price.
Other analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. cut shares of DuPont de Nemours from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $172.00 to $145.00 in a research note on Friday. Zacks Research cut shares of DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a report on Friday, July 17th. Royal Bank Of Canada dropped their price target on shares of DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating for the company in a research report on Friday, August 7th. The Goldman Sachs Group dropped their price target on shares of DuPont de Nemours from $159.00 to $153.00 and set a “neutral” rating for the company in a research report on Wednesday, September 30th. Finally, Citigroup cut their price target on DuPont de Nemours from $170.00 to $162.00 and set a “buy” rating for the company in a research note on Wednesday, October 7th. Twelve research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, DuPont de Nemours presently has a consensus rating of “Moderate Buy” and a consensus target price of $163.00.
Check Out Our Latest Stock Analysis on DuPont de Nemours
DuPont de Nemours Stock Down 0.5%
DuPont de Nemours (NYSE:DD – Get Free Report) last announced its earnings results on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share (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 company had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the previous year, the business posted $1.12 earnings per share. 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. On average, equities analysts anticipate that DuPont de Nemours will post 7.26 earnings per share for the current year.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in DD. Elevation Wealth Partners LLC increased its stake in shares of DuPont de Nemours by 168.5% in the 2nd quarter. Elevation Wealth Partners LLC now owns 239 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 150 shares during the last quarter. Brooks Moore & Associates Inc. raised its holdings in shares of DuPont de Nemours by 2.4% during the 4th quarter. Brooks Moore & Associates Inc. now owns 10,658 shares of the basic materials company’s stock worth $428,000 after buying an additional 250 shares in the last quarter. 1ST Source Bank lifted its position in shares of DuPont de Nemours by 1.5% during the 1st quarter. 1ST Source Bank now owns 17,451 shares of the basic materials company’s stock worth $799,000 after buying an additional 252 shares during the last quarter. Allegheny Financial Group lifted its position in shares of DuPont de Nemours by 4.3% during the 1st quarter. Allegheny Financial Group now owns 6,132 shares of the basic materials company’s stock worth $281,000 after buying an additional 255 shares during the last quarter. Finally, Bangor Savings Bank bought a new stake in shares of DuPont de Nemours during the 3rd quarter worth $36,000. 73.96% of the stock is currently owned by institutional investors and hedge funds.
About DuPont de Nemours
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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