DuPont de Nemours (NYSE:DD – Get Free Report) was upgraded by analysts at Barclays to a “strong-buy” rating in a research report issued on Monday, Zacks reports.
A number of other analysts have also recently weighed in on DD. Weiss Ratings reissued a “sell (d+)” rating on shares of DuPont de Nemours in a research note on Monday, August 3rd. JPMorgan Chase & Co. cut shares of DuPont de Nemours from an “overweight” rating to a “neutral” rating and cut their price target for the stock from $172.00 to $145.00 in a research note on Friday, October 9th. Citigroup cut their price target on shares of 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. Royal Bank Of Canada decreased their price objective on DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating on the stock in a report on Friday, August 7th. Finally, The Goldman Sachs Group lowered their price objective on DuPont de Nemours from $159.00 to $153.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, DuPont de Nemours currently has an average rating of “Moderate Buy” and a consensus price target of $163.00.
View Our Latest Analysis on DD
DuPont de Nemours Trading Down 0.9%
DuPont de Nemours (NYSE:DD – Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.81 billion. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. The business’s revenue was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.12 EPS. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. On average, analysts expect that DuPont de Nemours will post 7.26 EPS for the current year.
Hedge Funds Weigh In On DuPont de Nemours
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. State Street Corp grew its stake in shares of DuPont de Nemours by 140.3% during the second quarter. State Street Corp now owns 44,941,824 shares of the basic materials company’s stock worth $6,095,909,000 after purchasing an additional 26,238,300 shares during the period. Groupe la Francaise bought a new stake in DuPont de Nemours in the second quarter valued at about $1,394,000. Ancora Advisors LLC acquired a new position in DuPont de Nemours in the second quarter valued at about $8,317,000. Boussard & Gavaudan Gestion Sas acquired a new position in DuPont de Nemours in the second quarter valued at about $4,912,000. Finally, Cullen Capital Management LLC acquired a new position in DuPont de Nemours in the second quarter valued at about $2,081,000. 73.96% of the stock is currently owned by institutional investors and hedge funds.
DuPont de Nemours Company Profile
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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