DuPont de Nemours (NYSE:DD) Given New $49.00 Price Target at Wolfe Research

by · The Markets Daily

DuPont de Nemours (NYSE:DDFree Report) had its target price upped by Wolfe Research from $44.00 to $49.00 in a research report sent to investors on Friday,MarketScreener reports. They currently have an outperform rating on the basic materials company’s stock.

DD has been the topic of several other reports. 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. Mizuho boosted their target price on shares of DuPont de Nemours from $44.00 to $46.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Wells Fargo & Company dropped their price target on shares of DuPont de Nemours from $100.00 to $50.00 and set an “overweight” rating on the stock in a research note on Friday, November 7th. BMO Capital Markets decreased their price objective on DuPont de Nemours from $104.00 to $50.00 and set an “outperform” rating for the company in a report on Monday, November 3rd. Finally, KeyCorp increased their price target on DuPont de Nemours from $45.00 to $51.00 and gave the stock an “overweight” rating in a research note on Friday, January 9th. Ten 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. Based on data from MarketBeat, DuPont de Nemours has a consensus rating of “Moderate Buy” and an average target price of $45.53.

View Our Latest Stock Analysis on DD

DuPont de Nemours Trading Down 1.2%

NYSE DD opened at $42.88 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.63 and a current ratio of 2.00. DuPont de Nemours has a one year low of $22.50 and a one year high of $44.17. The company has a 50-day simple moving average of $40.74 and a 200-day simple moving average of $35.19. The firm has a market capitalization 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 (NYSE:DDGet Free Report) last issued its earnings results on Thursday, November 6th. The basic materials company reported $1.09 earnings per share (EPS) 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 analysts’ expectations of $3.12 billion. DuPont de Nemours had a negative net margin of 6.17% and a positive return on equity of 7.81%. DuPont de Nemours’s revenue was down 2.9% on a year-over-year basis. During the same quarter last year, the company posted $1.18 earnings per share. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. On average, equities analysts forecast that DuPont de Nemours will post 4.38 earnings per share for the current year.

DuPont de Nemours announced that its Board of Directors has approved a stock buyback plan on Thursday, November 6th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the basic materials company to reacquire up to 12.2% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its shares are undervalued.

DuPont de Nemours Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 28th were issued a dividend of $0.20 per share. The ex-dividend date was Friday, November 28th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.9%. DuPont de Nemours’s payout ratio is currently -43.48%.

Insiders Place Their Bets

In other news, 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 completion of the sale, the senior vice president directly owned 112,101 shares of the company’s stock, valued at $4,460,498.79. This represents a 5.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Lori Koch sold 9,011 shares of the company’s stock in a transaction that occurred on Friday, November 28th. The shares were sold at an average price of $39.46, for a total transaction of $355,574.06. Following the completion of the transaction, the chief executive officer owned 288,326 shares in the company, valued at approximately $11,377,343.96. This represents a 3.03% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.61% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On DuPont de Nemours

Several institutional investors and hedge funds have recently modified their holdings of the stock. Brighton Jones LLC increased its holdings in DuPont de Nemours by 19.6% in the fourth quarter. Brighton Jones LLC now owns 5,012 shares of the basic materials company’s stock worth $382,000 after buying an additional 822 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of DuPont de Nemours by 8.9% during the 1st quarter. Empowered Funds LLC now owns 11,550 shares of the basic materials company’s stock valued at $863,000 after purchasing an additional 947 shares in the last quarter. Aaron Wealth Advisors LLC lifted its stake in shares of DuPont de Nemours by 33.6% in the 2nd quarter. Aaron Wealth Advisors LLC now owns 3,656 shares of the basic materials company’s stock valued at $251,000 after purchasing an additional 920 shares during the last quarter. Pallas Capital Advisors LLC boosted its holdings in DuPont de Nemours by 4.9% in the second quarter. Pallas Capital Advisors LLC now owns 11,318 shares of the basic materials company’s stock worth $776,000 after purchasing an additional 533 shares in the last quarter. Finally, Sivia Capital Partners LLC acquired a new stake in shares of DuPont de Nemours in the second quarter worth about $365,000. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

DuPont de Nemours Company Profile

(Get Free Report)

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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