DuPont de Nemours (NYSE:DD) Price Target Cut to $104.00 by Analysts at BMO Capital Markets

Key Points

• BMO Capital Markets has lowered its price target for DuPont de Nemours from $107.00 to $104.00 while maintaining an "outperform" rating, suggesting a potential upside of 33.64% based on current prices.
• Multiple research firms have recently adjusted their price targets for DuPont, with current average rating at "Moderate Buy" and a consensus price target of $87.58.
• DuPont reported earnings per share of $1.12 for the last quarter, exceeding analyst expectations and showing a 2.7% year-over-year revenue increase.

DuPont de Nemours (NYSE:DD - Get Free Report) had its price target decreased by research analysts at BMO Capital Markets from $107.00 to $104.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has an "outperform" rating on the basic materials company's stock. BMO Capital Markets' price target would indicate a potential upside of 32.77% from the stock's current price.

DD has been the topic of a number of other research reports. KeyCorp lifted their target price on DuPont de Nemours from $87.00 to $92.00 and gave the company an "overweight" rating in a report on Wednesday, August 6th. Mizuho lifted their target price on DuPont de Nemours from $80.00 to $85.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 15th. UBS Group lifted their target price on DuPont de Nemours from $87.00 to $89.00 and gave the stock a "buy" rating in a research report on Monday, July 21st. Royal Bank Of Canada reissued an "outperform" rating and issued a $94.00 price objective on shares of DuPont de Nemours in a report on Friday. Finally, Wells Fargo & Company boosted their price objective on DuPont de Nemours from $81.00 to $90.00 and gave the company an "overweight" rating in a report on Monday, July 14th. Nine equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, DuPont de Nemours has a consensus rating of "Moderate Buy" and an average price target of $88.33.

DuPont de Nemours Price Performance

DuPont de Nemours stock traded up $0.23 during mid-day trading on Friday, hitting $78.33. 4,730,493 shares of the company were exchanged, compared to its average volume of 2,667,618. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.41 and a quick ratio of 0.94. The business's 50 day simple moving average is $75.05 and its two-hundred day simple moving average is $70.87. The company has a market capitalization of $32.80 billion, a P/E ratio of 17.51, a PEG ratio of 1.95 and a beta of 1.07. DuPont de Nemours has a 12-month low of $53.77 and a 12-month high of $90.06.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.06. The company had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.23 billion. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%.DuPont de Nemours's revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.97 earnings per share. DuPont de Nemours has set its FY 2025 guidance at 4.400-4.400 EPS. Q3 2025 guidance at 1.150-1.150 EPS. Analysts forecast that DuPont de Nemours will post 4.38 earnings per share for the current fiscal year.

Insider Buying and Selling at DuPont de Nemours

In other news, SVP Steven P. Larrabee sold 43,208 shares of the company's stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $77.17, for a total transaction of $3,334,361.36. Following the completion of the transaction, the senior vice president directly owned 38,585 shares of the company's stock, valued at $2,977,604.45. This represents a 52.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 74,208 shares of company stock worth $5,714,861 over the last ninety days. 0.61% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Nuveen LLC acquired a new position in shares of DuPont de Nemours during the 1st quarter worth approximately $531,037,000. Norges Bank acquired a new position in shares of DuPont de Nemours during the 2nd quarter worth approximately $313,306,000. Ilex Capital Partners UK LLP increased its holdings in shares of DuPont de Nemours by 175.8% during the 2nd quarter. Ilex Capital Partners UK LLP now owns 2,043,299 shares of the basic materials company's stock worth $140,150,000 after acquiring an additional 1,302,341 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of DuPont de Nemours by 139.3% during the 2nd quarter. AQR Capital Management LLC now owns 1,791,511 shares of the basic materials company's stock worth $122,486,000 after acquiring an additional 1,042,929 shares during the last quarter. Finally, Holocene Advisors LP increased its holdings in shares of DuPont de Nemours by 70.5% during the 2nd quarter. Holocene Advisors LP now owns 2,398,287 shares of the basic materials company's stock worth $164,499,000 after acquiring an additional 991,985 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company's stock.

DuPont de Nemours Company Profile

DuPont de Nemours, Inc provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.