Citigroup Forecasts Strong Price Appreciation for DuPont de Nemours (NYSE:DD) Stock

DuPont de Nemours (NYSE:DD) had its target price boosted by research analysts at Citigroup from $47.00 to $50.00 in a research report issued on Tuesday,MarketScreener reports. The brokerage currently has a “buy” rating on the basic materials company’s stock. Citigroup’s price target indicates a potential upside of 10.76% from the company’s previous close.

DD has been the topic of several other research reports. KeyCorp lifted their target price on DuPont de Nemours from $45.00 to $51.00 and gave the company an “overweight” rating in a research note on Friday, January 9th. Wall Street Zen raised shares of DuPont de Nemours to a “hold” rating in a research note on Saturday, January 10th. Morgan Stanley lowered their price objective on shares of DuPont de Nemours from $80.00 to $44.00 in a research note on Monday, November 10th. Zacks Research raised DuPont de Nemours from a “strong sell” rating to a “hold” rating in a research note on Friday, January 9th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of DuPont de Nemours in a report on Monday, December 22nd. 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’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.99.

DuPont de Nemours Stock Performance

DD traded up $0.71 during trading hours on Tuesday, hitting $45.14. 262,907 shares of the stock were exchanged, compared to its average volume of 4,601,969. The stock has a market cap of $18.91 billion, a price-to-earnings ratio of -24.46, a price-to-earnings-growth ratio of 3.26 and a beta of 1.08. The stock has a 50-day simple moving average of $41.77 and a 200-day simple moving average of $36.25. 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 has a 12 month low of $22.50 and a 12 month high of $45.22.

DuPont de Nemours (NYSE:DD) last issued 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 negative net margin of 6.17% and a positive return on equity of 7.81%. The firm had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.12 billion. During the same quarter last year, the company posted $1.18 earnings per share. DuPont de Nemours’s revenue 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. Analysts anticipate that DuPont de Nemours will post 4.38 earnings per share for the current year.

DuPont de Nemours announced that its board has initiated a share buyback plan 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 plans are usually a sign that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling at DuPont de Nemours

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 transaction of $238,938.95. Following the completion of the sale, the senior vice president directly owned 112,101 shares in the company, valued at approximately $4,460,498.79. This trade represents a 5.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Lori Koch sold 9,011 shares of the firm’s stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $39.46, for a total transaction of $355,574.06. Following 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 ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.61% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of DD. Vanguard Group Inc. lifted its stake in DuPont de Nemours by 6.7% in the third quarter. Vanguard Group Inc. now owns 50,867,267 shares of the basic materials company’s stock valued at $3,962,560,000 after acquiring an additional 3,203,044 shares during the last quarter. State Street Corp lifted its stake in shares of DuPont de Nemours by 4.8% in the 2nd quarter. State Street Corp now owns 18,363,975 shares of the basic materials company’s stock valued at $1,259,585,000 after purchasing an additional 842,852 shares during the last quarter. Geode Capital Management LLC boosted its holdings in DuPont de Nemours by 4.8% in the second quarter. Geode Capital Management LLC now owns 10,782,760 shares of the basic materials company’s stock worth $736,487,000 after purchasing an additional 496,691 shares in the last quarter. Invesco Ltd. increased its position in DuPont de Nemours by 28.2% during the third quarter. Invesco Ltd. now owns 8,828,110 shares of the basic materials company’s stock worth $687,710,000 after buying an additional 1,942,589 shares during the last quarter. Finally, Franklin Resources Inc. raised its holdings in DuPont de Nemours by 1.4% during the third quarter. Franklin Resources Inc. now owns 7,096,122 shares of the basic materials company’s stock valued at $552,788,000 after buying an additional 98,590 shares in the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

About DuPont de Nemours

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.