DuPont de Nemours (NYSE:DD) Reaches New 52-Week High – Here’s What Happened

DuPont de Nemours, Inc. (NYSE:DD)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $45.01 and last traded at $44.2650, with a volume of 458690 shares changing hands. The stock had previously closed at $44.61.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on DD shares. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of DuPont de Nemours in a research note on Monday, December 22nd. Wells Fargo & Company decreased their price objective on DuPont de Nemours from $100.00 to $50.00 and set an “overweight” rating on the stock in a report on Friday, November 7th. Mizuho raised 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. JPMorgan Chase & Co. raised their price objective on shares of DuPont de Nemours from $48.00 to $50.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. Finally, BMO Capital Markets cut their price target 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. Ten equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, DuPont de Nemours has a consensus rating of “Moderate Buy” and a consensus target price of $45.99.

DuPont de Nemours Stock Down 0.4%

The stock has a market capitalization of $18.61 billion, a price-to-earnings ratio of -24.15, a PEG ratio of 3.28 and a beta of 1.08. The firm has a 50-day moving average of $41.26 and a 200 day moving average of $35.87. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.00 and a quick ratio of 1.63.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings data on Thursday, November 6th. The basic materials company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.05. DuPont de Nemours had a positive return on equity of 7.81% and a negative net margin of 6.17%.The firm had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same quarter in the prior year, the company earned $1.18 earnings per share. The business’s revenue for the quarter was down 2.9% compared to the same quarter last year. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. As a group, sell-side analysts forecast that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Friday, November 28th were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Friday, November 28th. DuPont de Nemours’s payout ratio is -43.48%.

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

Insider Activity

In other DuPont de Nemours news, CEO Lori Koch sold 9,011 shares of the firm’s stock in a transaction on Friday, November 28th. The shares were sold at an average price of $39.46, for a total value of $355,574.06. Following the completion of the sale, the chief executive officer directly owned 288,326 shares in the company, valued at approximately $11,377,343.96. This trade represents a 3.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Erik T. Hoover sold 6,005 shares of the company’s stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $39.79, for a total value of $238,938.95. Following the transaction, the senior vice president directly owned 112,101 shares in the company, valued at $4,460,498.79. The trade was a 5.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.61% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On DuPont de Nemours

A number of hedge funds and other institutional investors have recently bought and sold shares of DD. Princeton Global Asset Management LLC grew its position 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 worth $25,000 after acquiring an additional 143 shares during the last quarter. Salomon & Ludwin LLC lifted its position in 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 DuPont de Nemours during the third quarter valued at $26,000. Financial Life Planners purchased a new stake in DuPont de Nemours during the 3rd quarter valued at about $27,000. Finally, Imprint Wealth LLC bought a new position in DuPont de Nemours in the 3rd quarter valued at approximately $27,000. Hedge funds and other institutional investors 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.