UBS Group Cuts DuPont de Nemours (NYSE:DD) Price Target to $172.00

DuPont de Nemours (NYSE:DD) had its target price reduced by UBS Group from $178.00 to $172.00 in a report issued on Monday morning,Benzinga reports. They currently have a buy rating on the basic materials company’s stock.

A number of other research firms have also weighed in on DD. Zacks Research lowered shares of DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 17th. Citigroup increased their price objective on shares of DuPont de Nemours from $168.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. The Goldman Sachs Group reduced their price objective on shares of DuPont de Nemours from $159.00 to $153.00 and set a “neutral” rating for the company in a research note on Wednesday, September 30th. Royal Bank Of Canada lowered their target price on DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating for the company in a report on Friday, August 7th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of DuPont de Nemours in a research report on Monday, August 3rd. Twelve analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $165.27.

DuPont de Nemours Stock Down 1.7%

Shares of NYSE:DD opened at $131.06 on Monday. DuPont de Nemours has a 52-week low of $92.49 and a 52-week high of $157.98. The stock has a market cap of $17.70 billion, a P/E ratio of 291.30, a price-to-earnings-growth ratio of 1.21 and a beta of 1.05. The business’s 50 day moving average is $134.93 and its 200 day moving average is $138.45. The company has a quick ratio of 1.82, a current ratio of 2.43 and a debt-to-equity ratio of 0.23.

DuPont de Nemours (NYSE:DD) last released 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 company had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.81 billion. DuPont de Nemours had a return on equity of 6.92% and a net margin of 0.67%.DuPont de Nemours’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period last year, the business posted $1.12 EPS. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. Sell-side analysts predict that DuPont de Nemours will post 7.27 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. State Street Corp boosted its stake in DuPont de Nemours by 140.3% in the second quarter. State Street Corp now owns 44,941,824 shares of the basic materials company’s stock valued at $6,095,909,000 after acquiring an additional 26,238,300 shares in the last quarter. Auto Owners Insurance Co increased its position in shares of DuPont de Nemours by 4,275.8% during the fourth quarter. Auto Owners Insurance Co now owns 17,552,405 shares of the basic materials company’s stock worth $70,561,000 after purchasing an additional 17,151,278 shares in the last quarter. Bank of America Corp DE increased its position in shares of DuPont de Nemours by 22.0% during the first quarter. Bank of America Corp DE now owns 4,629,671 shares of the basic materials company’s stock worth $212,039,000 after purchasing an additional 835,572 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of DuPont de Nemours by 10.0% during the 1st quarter. Bank of New York Mellon Corp now owns 3,706,596 shares of the basic materials company’s stock valued at $169,762,000 after purchasing an additional 336,780 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of DuPont de Nemours by 4.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,509,831 shares of the basic materials company’s stock valued at $160,688,000 after purchasing an additional 163,210 shares during the last quarter. Institutional investors own 73.96% of the company’s stock.

About DuPont de Nemours

DuPont de Nemours, Inc is a science and technology company that develops engineered materials, specialty chemicals and other performance solutions for industrial and consumer markets. Its products are used in areas including electronics and semiconductor manufacturing, water purification, healthcare, transportation, construction, aerospace, worker safety and industrial processing.

DuPont’s portfolio includes well-known brands and materials such as Kevlar aramid fiber, Nomex flame-resistant materials, Tyvek protective materials, Kapton polyimide film, Vespel high-performance parts and Corian solid-surface materials.