DuPont de Nemours (NYSE:DD) Reaches New 52-Week High on Analyst Upgrade

DuPont de Nemours, Inc. (NYSE:DD) shares reached a new 52-week high during mid-day trading on Tuesday 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 $45.88 and last traded at $45.5690, with a volume of 1122889 shares traded. The stock had previously closed at $44.43.

Other equities analysts have also issued reports about the stock. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of DuPont de Nemours from $90.00 to $46.00 and set a “buy” rating for the company in a report on Tuesday, November 25th. Wolfe Research upped their price target on DuPont de Nemours from $44.00 to $49.00 and gave the company an “outperform” rating in a report on Friday, January 16th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of DuPont de Nemours in a research report on Monday, December 22nd. Zacks Research raised DuPont de Nemours from a “strong sell” rating to a “hold” rating in a research report on Friday, January 9th. Finally, 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 report on Friday, November 7th. Ten investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $45.99.

Insider Activity

In other DuPont de Nemours news, SVP Erik T. Hoover sold 6,005 shares of the firm’s stock in a transaction dated 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 trade represents a 5.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Lori Koch sold 9,011 shares of the company’s stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $39.46, for a total transaction of $355,574.06. Following the sale, the chief executive officer directly owned 288,326 shares of the company’s stock, valued at $11,377,343.96. The trade was a 3.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.61% of the company’s stock.

Institutional Investors Weigh In On DuPont de Nemours

A number of hedge funds have recently modified their holdings of the business. Sequoia Financial Advisors LLC increased its stake in shares of DuPont de Nemours by 71.8% in the 4th quarter. Sequoia Financial Advisors LLC now owns 804,520 shares of the basic materials company’s stock worth $32,342,000 after purchasing an additional 336,148 shares in the last quarter. Praxis Investment Management Inc. grew its holdings in DuPont de Nemours by 43.6% during the fourth quarter. Praxis Investment Management Inc. now owns 10,233 shares of the basic materials company’s stock valued at $411,000 after purchasing an additional 3,105 shares during the period. Swedbank AB increased its position in DuPont de Nemours by 5.7% in the fourth quarter. Swedbank AB now owns 334,142 shares of the basic materials company’s stock worth $13,433,000 after buying an additional 18,148 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in DuPont de Nemours by 9.2% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 913,851 shares of the basic materials company’s stock worth $37,349,000 after buying an additional 77,261 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of DuPont de Nemours by 3.2% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 56,905 shares of the basic materials company’s stock worth $2,288,000 after buying an additional 1,770 shares during the period. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Trading Up 2.8%

The stock has a 50-day moving average price of $41.77 and a two-hundred day moving average price of $36.25. The stock has a market capitalization of $19.13 billion, a PE ratio of -24.79, a PEG ratio of 3.26 and a beta of 1.08. 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 (NYSE:DD) last issued its quarterly earnings results on Thursday, November 6th. The basic materials company reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.05. The business had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $3.12 billion. DuPont de Nemours had a negative net margin of 6.17% and a positive return on equity of 7.81%. The company’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.18 earnings per share. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. As a group, equities analysts forecast that DuPont de Nemours, Inc. will post 4.38 earnings per share 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 $0.20 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a $0.80 annualized dividend and a yield of 1.8%. DuPont de Nemours’s dividend payout ratio is currently -43.48%.

DuPont de Nemours announced that its Board of Directors has initiated a share buyback program on Thursday, November 6th that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the basic materials company to buy up to 12.2% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its stock is 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.