DuPont de Nemours, Inc. (NYSE:DD) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• DuPont de Nemours, Inc. has received an average rating of "Moderate Buy" from analysts, with thirteen firms participating in the consensus, including nine recommending a buy.
• The stock's average twelve-month target price among analysts is currently set at $88.33, reflecting a positive outlook despite recent sell-offs.
• Recent insider trading activity shows that senior vice president Steven P. Larrabee sold over 43,000 shares of the stock, reducing his ownership significantly.

Shares of DuPont de Nemours, Inc. (NYSE:DD - Get Free Report) have earned a consensus rating of "Moderate Buy" from the thirteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $88.3333.

DD has been the topic of a number of research reports. UBS Group upped their price target on DuPont de Nemours from $87.00 to $89.00 and gave the stock a "buy" rating in a research note on Monday, July 21st. BMO Capital Markets dropped their price target on DuPont de Nemours from $107.00 to $104.00 and set an "outperform" rating on the stock in a research note on Friday, September 19th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $94.00 price target on shares of DuPont de Nemours in a research note on Friday, September 19th. Citigroup upped their price target on DuPont de Nemours from $85.00 to $93.00 in a research note on Friday, September 19th. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of DuPont de Nemours in a research note on Wednesday.

DuPont de Nemours Stock Down 5.2%

Shares of DuPont de Nemours stock opened at $73.82 on Friday. DuPont de Nemours has a one year low of $53.77 and a one year high of $87.80. 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 stock's 50-day moving average is $76.02 and its 200 day moving average is $71.06. The firm has a market cap of $30.91 billion, a price-to-earnings ratio of -157.06, a PEG ratio of 2.25 and a beta of 1.08.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its earnings results on Monday, July 11th. The basic materials company reported $0.69 EPS for the quarter. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%.The company had revenue of $3.02 billion for the quarter. Equities research analysts anticipate that DuPont de Nemours will post 4.38 EPS for the current year.

Insider Activity at DuPont de Nemours

In other news, SVP Steven P. Larrabee sold 43,208 shares of the 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 sale, 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold 74,208 shares of company stock valued at $5,714,861 over the last three months. Corporate insiders own 0.61% of the company's stock.

Institutional Trading of DuPont de Nemours

Several institutional investors and hedge funds have recently modified their holdings of the stock. Pacifica Partners Inc. raised its stake in shares of DuPont de Nemours by 27.0% in the third quarter. Pacifica Partners Inc. now owns 602 shares of the basic materials company's stock worth $47,000 after purchasing an additional 128 shares during the last quarter. AdvisorNet Financial Inc raised its stake in shares of DuPont de Nemours by 3.0% in the second quarter. AdvisorNet Financial Inc now owns 4,641 shares of the basic materials company's stock worth $318,000 after purchasing an additional 134 shares during the last quarter. Sagespring Wealth Partners LLC raised its stake in shares of DuPont de Nemours by 3.9% in the second quarter. Sagespring Wealth Partners LLC now owns 3,729 shares of the basic materials company's stock worth $256,000 after purchasing an additional 140 shares during the last quarter. Princeton Global Asset Management LLC increased its position in shares of DuPont de Nemours by 64.4% during the second quarter. Princeton Global Asset Management LLC now owns 365 shares of the basic materials company's stock valued at $25,000 after acquiring an additional 143 shares during the last quarter. Finally, Summit Financial LLC increased its position in shares of DuPont de Nemours by 3.7% during the first quarter. Summit Financial LLC now owns 4,077 shares of the basic materials company's stock valued at $304,000 after acquiring an additional 146 shares during the last quarter. 73.96% of the stock is 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.

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