DuPont de Nemours (NYSE:DD – Free Report) had its price target boosted by KeyCorp from $45.00 to $51.00 in a report published on Friday morning,Benzinga reports. They currently have an overweight rating on the basic materials company’s stock.
DD has been the subject of a number of other research reports. Wolfe Research reduced their target price on DuPont de Nemours from $87.00 to $39.00 and set an “outperform” rating for the company in a report on Tuesday, November 4th. Deutsche Bank Aktiengesellschaft reduced 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 research note on Tuesday, November 25th. 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 note on Wednesday. BMO Capital Markets cut their price target on shares of 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, JPMorgan Chase & Co. decreased their price target on shares of DuPont de Nemours from $104.00 to $48.00 and set an “overweight” rating on the stock in a report on Tuesday, November 11th. Ten equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and a consensus target price of $44.61.
Check Out Our Latest Research Report on DD
DuPont de Nemours Stock Up 0.9%
DuPont de Nemours (NYSE:DD – Get Free Report) last posted its quarterly earnings results on Monday, July 11th. The basic materials company reported $0.29 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 7.81% and a negative net margin of 6.17%.DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. On average, analysts predict that DuPont de Nemours will post 4.38 earnings per share for the current year.
DuPont de Nemours Cuts Dividend
The company also recently disclosed 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 dividend yield of 1.8%. The ex-dividend date of this dividend was Friday, November 28th. DuPont de Nemours’s dividend payout ratio (DPR) is currently -43.48%.
DuPont de Nemours announced that its board has authorized a share buyback program on Thursday, November 6th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the basic materials company to buy up to 12.2% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.
Insider Activity at DuPont de Nemours
In other news, CEO Lori Koch sold 9,011 shares of the company’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 owned 288,326 shares of the company’s stock, valued at approximately $11,377,343.96. This represents a 3.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Erik T. Hoover sold 6,005 shares of DuPont de Nemours stock in a transaction on Friday, November 28th. The stock was sold at an average price of $39.79, for a total transaction of $238,938.95. Following the completion of the transaction, the senior vice president owned 112,101 shares in the company, valued at approximately $4,460,498.79. The trade was a 5.08% decrease in their position. The SEC filing for this sale provides additional information. 0.61% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Salomon & Ludwin LLC lifted its stake in shares of DuPont de Nemours by 186.5% in 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 last quarter. Palisade Asset Management LLC purchased a new position in DuPont de Nemours in the 3rd quarter worth approximately $26,000. Financial Life Planners bought a new stake in DuPont de Nemours in the third quarter valued at approximately $27,000. Imprint Wealth LLC purchased a new stake in shares of DuPont de Nemours during the third quarter valued at approximately $27,000. Finally, Princeton Global Asset Management LLC grew its holdings in shares of DuPont de Nemours by 64.4% in the second quarter. Princeton Global Asset Management LLC now owns 365 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 143 shares during the last quarter. 73.96% of the stock is owned by institutional investors.
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.
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