DuPont de Nemours (NYSE:DD) Issues FY 2025 Earnings Guidance

DuPont de Nemours (NYSE:DDGet Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 1.660-1.660 for the period, compared to the consensus EPS estimate of 2.960. The company issued revenue guidance of $6.8 billion-$6.8 billion, compared to the consensus revenue estimate of $8.7 billion.

DuPont de Nemours Trading Up 1.0%

DD opened at $40.82 on Thursday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.41 and a quick ratio of 0.94. The company’s 50 day simple moving average is $72.18 and its two-hundred day simple moving average is $71.42. The firm has a market capitalization of $17.10 billion, a price-to-earnings ratio of -86.85, a price-to-earnings-growth ratio of 2.49 and a beta of 1.11. DuPont de Nemours has a 1-year low of $22.50 and a 1-year high of $41.23.

DuPont de Nemours (NYSE:DDGet Free Report) last posted its quarterly earnings results on Monday, July 11th. The basic materials company reported $0.69 EPS for the quarter. The firm had revenue of $3.02 billion during the quarter. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%. Analysts expect that DuPont de Nemours will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 28th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.0%. DuPont de Nemours’s dividend payout ratio is currently -43.48%.

DuPont de Nemours announced that its board has initiated a stock buyback program on Thursday, November 6th that permits the company to buyback $2.00 billion in shares. This buyback authorization permits 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 management believes its shares are undervalued.

Analysts Set New Price Targets

DD has been the topic of several recent analyst reports. BMO Capital Markets decreased their target price on shares of DuPont de Nemours from $104.00 to $50.00 and set an “outperform” rating on the stock in a report on Monday, November 3rd. JPMorgan Chase & Co. upped their price objective on DuPont de Nemours from $99.00 to $104.00 and gave the company an “overweight” rating in a report on Wednesday, October 15th. UBS Group increased their price objective on DuPont de Nemours to $44.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Wells Fargo & Company reduced their target price on DuPont de Nemours from $100.00 to $50.00 and set an “overweight” rating on the stock in a research report on Friday, November 7th. Finally, Citigroup upped their price target on DuPont de Nemours from $38.90 to $47.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Nine research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and an average target price of $65.92.

Check Out Our Latest Stock Analysis on DuPont de Nemours

Insiders Place Their Bets

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of DuPont de Nemours stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $77.17, for a total value of $3,334,361.36. Following the completion of the transaction, the senior vice president directly owned 38,585 shares of the company’s stock, valued at $2,977,604.45. The trade was a 52.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Over the last three months, insiders sold 74,208 shares of company stock valued at $5,714,861. Insiders own 0.61% of the company’s stock.

Institutional Investors Weigh In On DuPont de Nemours

Large investors have recently added to or reduced their stakes in the business. MUFG Securities EMEA plc purchased a new position in DuPont de Nemours in the 2nd quarter valued at approximately $85,000. Lazard Asset Management LLC raised its position in DuPont de Nemours by 7.1% in the 2nd quarter. Lazard Asset Management LLC now owns 2,430 shares of the basic materials company’s stock valued at $166,000 after purchasing an additional 162 shares in the last quarter. Headlands Technologies LLC boosted its stake in shares of DuPont de Nemours by 545.6% in the 2nd quarter. Headlands Technologies LLC now owns 2,834 shares of the basic materials company’s stock valued at $194,000 after buying an additional 2,395 shares during the period. State of Wyoming grew its position in shares of DuPont de Nemours by 266.6% during the second quarter. State of Wyoming now owns 3,153 shares of the basic materials company’s stock worth $216,000 after buying an additional 2,293 shares in the last quarter. Finally, Gallagher Fiduciary Advisors LLC increased its stake in shares of DuPont de Nemours by 8.4% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 3,614 shares of the basic materials company’s stock worth $248,000 after buying an additional 281 shares during the period. 73.96% of the stock is owned by hedge funds and other institutional investors.

DuPont de Nemours Company Profile

(Get Free Report)

DuPont de Nemours, Inc provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.

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