DuPont de Nemours (NYSE:DD) Given New $49.00 Price Target at Wolfe Research
by Scott Moore · The Cerbat GemDuPont de Nemours (NYSE:DD – Get Free Report) had its price target raised by investment analysts at Wolfe Research from $44.00 to $49.00 in a research note issued to investors on Friday,MarketScreener reports. The firm presently has an “outperform” rating on the basic materials company’s stock. Wolfe Research’s price objective would indicate a potential upside of 14.27% from the company’s current price.
Several other analysts also recently weighed in on DD. KeyCorp boosted their target price on shares of DuPont de Nemours from $45.00 to $51.00 and gave the stock an “overweight” rating in a research report on Friday, January 9th. Citigroup increased their target price on DuPont de Nemours from $38.90 to $47.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. BMO Capital Markets cut their target price on DuPont de Nemours from $104.00 to $50.00 and set an “outperform” rating on the stock in a research report on Monday, November 3rd. JPMorgan Chase & Co. lifted their price objective on DuPont de Nemours from $48.00 to $50.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, 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. Ten equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $45.53.
Get Our Latest Report on DuPont de Nemours
DuPont de Nemours Stock Performance
Shares of DuPont de Nemours stock opened at $42.88 on Friday. The stock has a market cap of $17.97 billion, a PE ratio of -23.30, a price-to-earnings-growth ratio of 3.22 and a beta of 1.08. DuPont de Nemours has a 12 month low of $22.50 and a 12 month high of $44.17. The business has a fifty day simple moving average of $40.74 and a 200-day simple moving average of $35.19. The company has a quick ratio of 1.63, a current ratio of 2.00 and a debt-to-equity ratio of 0.30.
DuPont de Nemours (NYSE:DD – Get Free Report) last announced its quarterly earnings results on Thursday, November 6th. The basic materials company reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.04 by $0.05. The firm had revenue of $3.07 billion for the quarter, compared to the consensus estimate 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 revenue was down 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.18 earnings per share. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. On average, sell-side analysts anticipate that DuPont de Nemours will post 4.38 EPS for the current fiscal year.
DuPont de Nemours declared that its board has authorized a share repurchase plan on Thursday, November 6th that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the basic materials company to reacquire up to 12.2% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s management believes its shares are undervalued.
Insider Activity
In other 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 completion of the transaction, the chief executive officer directly owned 288,326 shares of the company’s stock, valued at approximately $11,377,343.96. This trade represents a 3.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Erik T. Hoover sold 6,005 shares of DuPont de Nemours stock in a transaction dated Friday, November 28th. The stock was sold at an average price of $39.79, for a total transaction of $238,938.95. Following the completion of 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. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.61% of the company’s stock.
Institutional Trading of DuPont de Nemours
Several hedge funds and other institutional investors have recently modified their holdings of DD. Princeton Global Asset Management LLC grew its stake in DuPont de Nemours by 64.4% during 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 in the last quarter. Salomon & Ludwin LLC lifted its position in shares of DuPont de Nemours by 186.5% during the 3rd quarter. Salomon & Ludwin LLC now owns 318 shares of the basic materials company’s stock valued at $25,000 after acquiring an additional 207 shares during the period. Palisade Asset Management LLC purchased a new position in shares of DuPont de Nemours during the 3rd quarter valued at $26,000. Financial Life Planners bought a new position in DuPont de Nemours in the third quarter worth about $27,000. Finally, Imprint Wealth LLC bought a new stake in shares of DuPont de Nemours during the 3rd quarter valued at $27,000. Institutional investors and hedge funds own 73.96% of the company’s stock.
DuPont de Nemours Company Profile
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.
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