DuPont de Nemours (NYSE:DD) Given New $93.00 Price Target at Citigroup

Key Points

• Citigroup has raised its price target for DuPont de Nemours from $85.00 to $93.00, indicating a potential upside of 19.11% based on the current stock price.
• DuPont's recent quarterly earnings reported $1.12 EPS, exceeding estimates, with revenue of $3.26 billion, reflecting a 2.7% year-over-year increase.
• According to market analysts, DuPont currently holds a consensus rating of "Moderate Buy", with the average price target set at $88.33.

DuPont de Nemours (NYSE:DD - Get Free Report) had its price target raised by investment analysts at Citigroup from $85.00 to $93.00 in a report issued on Friday,MarketScreener reports. Citigroup's price objective suggests a potential upside of 18.73% from the stock's current price.

Several other equities analysts have also weighed in on DD. KeyCorp lifted their target price on shares of DuPont de Nemours from $92.00 to $93.00 and gave the company an "overweight" rating in a report on Monday. BMO Capital Markets dropped their price objective on shares of DuPont de Nemours from $107.00 to $104.00 and set an "outperform" rating on the stock in a research note on Friday. UBS Group increased their price target on shares of DuPont de Nemours from $87.00 to $89.00 and gave the company a "buy" rating in a report on Monday, July 21st. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $94.00 target price on shares of DuPont de Nemours in a research note on Friday. Finally, Mizuho upped their price target on shares of DuPont de Nemours from $80.00 to $85.00 and gave the company an "outperform" rating in a report on Tuesday, July 15th. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $88.33.

DuPont de Nemours Trading Up 0.3%

Shares of NYSE:DD traded up $0.23 during trading on Friday, hitting $78.33. The company had a trading volume of 4,730,493 shares, compared to its average volume of 2,667,618. The company has a fifty day simple moving average of $75.11 and a two-hundred day simple moving average of $70.87. The stock has a market cap of $32.80 billion, a price-to-earnings ratio of -166.66, a price-to-earnings-growth ratio of 1.95 and a beta of 1.07. DuPont de Nemours has a one year low of $53.77 and a one year high of $90.06. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.41 and a quick ratio of 0.94.

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

Insider Buying and Selling at DuPont de Nemours

In other DuPont de Nemours news, SVP Steven P. Larrabee sold 43,208 shares of the company's stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $77.17, for a total value of $3,334,361.36. Following the completion of the transaction, the senior vice president directly owned 38,585 shares in the company, valued at $2,977,604.45. This represents a 52.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last 90 days, insiders sold 74,208 shares of company stock worth $5,714,861. 0.61% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of DD. Princeton Global Asset Management LLC grew its holdings in 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 valued at $25,000 after purchasing an additional 143 shares during the period. Vermillion Wealth Management Inc. acquired a new position in shares of DuPont de Nemours during the 4th quarter worth about $28,000. JNBA Financial Advisors boosted its position in shares of DuPont de Nemours by 132.5% in the 1st quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company's stock valued at $28,000 after purchasing an additional 216 shares during the period. Valley National Advisers Inc. raised its stake in DuPont de Nemours by 145.0% during the 1st quarter. Valley National Advisers Inc. now owns 419 shares of the basic materials company's stock valued at $31,000 after acquiring an additional 248 shares during the last quarter. Finally, WPG Advisers LLC purchased a new position in shares of DuPont de Nemours during the 1st quarter worth approximately $35,000. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

About DuPont de Nemours

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.