DuPont de Nemours (NYSE:DD) Shares Gap Down – Should You Sell?

DuPont de Nemours, Inc. (NYSE:DDGet Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $141.28, but opened at $130.19. DuPont de Nemours shares last traded at $137.4070, with a volume of 453,337 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Morgan Stanley boosted their price target on shares of DuPont de Nemours from $132.00 to $156.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 28th. Deutsche Bank Aktiengesellschaft lifted their target price on DuPont de Nemours from $174.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. UBS Group raised their price target on DuPont de Nemours from $175.00 to $178.00 and gave the company a “buy” rating in a research note on Wednesday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of DuPont de Nemours in a research note on Monday. Finally, The Goldman Sachs Group raised their target price on shares of DuPont de Nemours from $53.00 to $159.00 and gave the company a “neutral” rating in a research report on Thursday, June 25th. Twelve equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, DuPont de Nemours currently has an average rating of “Moderate Buy” and an average target price of $165.40.

Read Our Latest Stock Analysis on DD

DuPont de Nemours Trading Up 2.9%

The firm has a market capitalization of $19.86 billion, a PE ratio of 326.92, a price-to-earnings-growth ratio of 1.34 and a beta of 1.06. The company has a quick ratio of 2.11, a current ratio of 2.43 and a debt-to-equity ratio of 0.23. The company’s 50-day simple moving average is $139.74 and its 200 day simple moving average is $140.43.

DuPont de Nemours (NYSE:DDGet Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $1.88 EPS for the quarter, topping the consensus estimate of $1.76 by $0.12. The firm had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.81 billion. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. DuPont de Nemours’s revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.12 EPS. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. As a group, sell-side analysts expect that DuPont de Nemours, Inc. will post 7.2 EPS for the current year.

DuPont de Nemours Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Monday, August 31st. DuPont de Nemours’s dividend payout ratio is currently 533.33%.

Institutional Investors Weigh In On DuPont de Nemours

Several institutional investors have recently added to or reduced their stakes in the business. OFI Invest Asset Management acquired a new stake in shares of DuPont de Nemours in the 4th quarter worth $8,349,000. Legacy Trust raised its stake in shares of DuPont de Nemours by 106.9% in the 4th quarter. Legacy Trust now owns 98,894 shares of the basic materials company’s stock valued at $3,976,000 after acquiring an additional 51,097 shares during the period. U.S. Capital Wealth Advisors LLC lifted its stake in DuPont de Nemours by 398.6% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 32,262 shares of the basic materials company’s stock worth $1,297,000 after purchasing an additional 25,791 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in DuPont de Nemours by 21.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,119,613 shares of the basic materials company’s stock worth $45,008,000 after acquiring an additional 200,550 shares in the last quarter. Finally, Swiss Life Asset Management Ltd boosted its stake in shares of DuPont de Nemours by 1,519.9% in the fourth quarter. Swiss Life Asset Management Ltd now owns 1,022,145 shares of the basic materials company’s stock valued at $41,090,000 after purchasing an additional 959,047 shares during the period. Institutional investors and hedge funds own 73.96% of the company’s stock.

About DuPont de Nemours

(Get Free Report)

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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