UBS Group Raises DuPont de Nemours (NYSE:DD) Price Target to $59.00
by Doug Wharley · The Cerbat GemDuPont de Nemours (NYSE:DD – Get Free Report) had its target price increased by equities research analysts at UBS Group from $56.00 to $59.00 in a report released on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the basic materials company’s stock. UBS Group’s price target would suggest a potential upside of 22.10% from the stock’s current price.
Other analysts also recently issued research reports about the stock. Royal Bank Of Canada decreased their price objective on shares of DuPont de Nemours from $60.00 to $56.00 and set an “outperform” rating on the stock in a report on Friday, April 24th. Weiss Ratings reissued a “sell (d)” rating on shares of DuPont de Nemours in a report on Friday, March 27th. Mizuho boosted their price objective on shares of DuPont de Nemours from $46.00 to $52.00 and gave the stock an “outperform” rating in a report on Tuesday, February 10th. Wall Street Zen raised shares of DuPont de Nemours to a “hold” rating in a report on Saturday, January 10th. Finally, Argus decreased their price objective on shares of DuPont de Nemours from $86.00 to $52.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. Twelve research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $54.93.
Check Out Our Latest Research Report on DuPont de Nemours
DuPont de Nemours Stock Down 3.5%
Shares of NYSE:DD opened at $48.32 on Wednesday. The company has a market cap of $19.81 billion, a price-to-earnings ratio of -805.22, a PEG ratio of 1.63 and a beta of 1.02. The firm’s 50-day simple moving average is $46.41 and its 200-day simple moving average is $43.37. The company has a quick ratio of 1.91, a current ratio of 2.68 and a debt-to-equity ratio of 0.22. DuPont de Nemours has a fifty-two week low of $27.16 and a fifty-two week high of $52.66.
DuPont de Nemours (NYSE:DD – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.07. The firm had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.67 billion. DuPont de Nemours had a negative net margin of 0.30% and a positive return on equity of 7.15%. The firm’s revenue was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.03 earnings per share. DuPont de Nemours has set its Q2 2026 guidance at 0.590-0.590 EPS and its FY 2026 guidance at 2.350-2.400 EPS. As a group, equities research analysts predict that DuPont de Nemours will post 2.4 earnings per share for the current year.
Hedge Funds Weigh In On DuPont de Nemours
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Oppenheimer & Co. Inc. raised its position in DuPont de Nemours by 39.2% during the third quarter. Oppenheimer & Co. Inc. now owns 104,565 shares of the basic materials company’s stock worth $8,146,000 after acquiring an additional 29,473 shares during the last quarter. Xponance Inc. raised its position in shares of DuPont de Nemours by 113.6% in the third quarter. Xponance Inc. now owns 134,797 shares of the basic materials company’s stock valued at $10,501,000 after buying an additional 71,695 shares during the last quarter. Citigroup Inc. raised its position in shares of DuPont de Nemours by 20.2% in the third quarter. Citigroup Inc. now owns 572,650 shares of the basic materials company’s stock valued at $44,609,000 after buying an additional 96,062 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of DuPont de Nemours by 0.9% in the third quarter. Bank of New York Mellon Corp now owns 3,169,908 shares of the basic materials company’s stock valued at $246,936,000 after buying an additional 29,543 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of DuPont de Nemours by 3.8% in the third quarter. Dimensional Fund Advisors LP now owns 3,337,753 shares of the basic materials company’s stock valued at $259,974,000 after buying an additional 121,216 shares during the last quarter. Institutional investors and hedge funds 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.