DuPont de Nemours (NYSE:DD) Sets New 52-Week High Following Analyst Upgrade

DuPont de Nemours, Inc. (NYSE:DD) shares reached a new 52-week high during mid-day trading on Thursday after Citigroup raised their price target on the stock from $47.00 to $50.00. Citigroup currently has a buy rating on the stock. DuPont de Nemours traded as high as $44.62 and last traded at $44.5870, with a volume of 1294109 shares changing hands. The stock had previously closed at $43.38.

A number of other equities analysts have also weighed in on DD. Morgan Stanley decreased their price target on shares of DuPont de Nemours from $80.00 to $44.00 in a research note on Monday, November 10th. UBS Group increased their target price on shares of DuPont de Nemours from $46.00 to $49.00 and gave the stock a “buy” rating in a research report on Wednesday, January 7th. Wall Street Zen raised shares of DuPont de Nemours to a “hold” rating in a report on Saturday, January 10th. 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 research note 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 report on Friday, January 9th. Ten investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $45.99.

Insider Transactions at DuPont de Nemours

In other news, CEO Lori Koch sold 9,011 shares of DuPont de Nemours stock in a transaction 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 transaction, the chief executive officer owned 288,326 shares in the company, valued at approximately $11,377,343.96. The trade was a 3.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Erik T. Hoover sold 6,005 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at approximately $4,460,498.79. This represents a 5.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.61% of the company’s stock.

Institutional Trading of DuPont de Nemours

Hedge funds have recently modified their holdings of the stock. Blue Trust Inc. increased its holdings in DuPont de Nemours by 1.1% during the 3rd quarter. Blue Trust Inc. now owns 11,990 shares of the basic materials company’s stock worth $934,000 after purchasing an additional 127 shares in the last quarter. Pacifica Partners Inc. grew its holdings in DuPont de Nemours by 27.0% during the third quarter. Pacifica Partners Inc. now owns 602 shares of the basic materials company’s stock worth $47,000 after buying an additional 128 shares in the last quarter. AdvisorNet Financial Inc raised its position in DuPont de Nemours by 3.0% in the 2nd quarter. AdvisorNet Financial Inc now owns 4,641 shares of the basic materials company’s stock valued at $318,000 after buying an additional 134 shares during the last quarter. Sagespring Wealth Partners LLC lifted its stake in DuPont de Nemours by 3.9% during the 2nd quarter. Sagespring Wealth Partners LLC now owns 3,729 shares of the basic materials company’s stock valued at $256,000 after acquiring an additional 140 shares in the last quarter. Finally, Princeton Global Asset Management LLC boosted its holdings 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. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Up 3.3%

The stock has a 50-day moving average of $40.88 and a 200 day moving average of $35.48. The company has a quick ratio of 1.63, a current ratio of 2.00 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $18.77 billion, a PE ratio of -24.33, a P/E/G ratio of 3.13 and a beta of 1.08.

DuPont de Nemours (NYSE:DD) last released 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. DuPont de Nemours had a positive return on equity of 7.81% and a negative net margin of 6.17%.The business had revenue of $3.07 billion during the quarter, compared to the consensus estimate of $3.12 billion. During the same period last year, the business posted $1.18 earnings per share. The business’s revenue for the quarter was down 2.9% on a year-over-year basis. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. Sell-side analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Cuts Dividend

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

DuPont de Nemours declared that its board has approved a stock buyback program on Thursday, November 6th that allows the company to buyback $2.00 billion in shares. This buyback authorization allows the basic materials company to purchase up to 12.2% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

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.