DuPont de Nemours, Inc. (NYSE:DD) Receives $87.71 Consensus Target Price from Analysts

Shares of DuPont de Nemours, Inc. (NYSE:DD - Get Free Report) have been given an average rating of "Moderate Buy" by the fourteen research firms that are currently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $87.71.

DD has been the subject of several research reports. Wells Fargo & Company dropped their price target on DuPont de Nemours from $105.00 to $81.00 and set an "overweight" rating for the company in a research report on Wednesday, April 9th. BMO Capital Markets increased their price target on DuPont de Nemours from $105.00 to $112.00 and gave the stock an "outperform" rating in a report on Thursday, February 13th. UBS Group cut their target price on DuPont de Nemours from $103.00 to $75.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. Mizuho dropped their price objective on shares of DuPont de Nemours from $100.00 to $80.00 and set an "outperform" rating for the company in a report on Tuesday, April 15th. Finally, Citigroup lowered their price target on shares of DuPont de Nemours from $95.00 to $74.00 and set a "buy" rating for the company in a report on Tuesday, April 8th.

Institutional Trading of DuPont de Nemours

A number of institutional investors have recently bought and sold shares of DD. Vanguard Group Inc. raised its holdings in DuPont de Nemours by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 46,596,215 shares of the basic materials company's stock worth $3,552,961,000 after acquiring an additional 353,010 shares during the period. Franklin Resources Inc. increased its holdings in shares of DuPont de Nemours by 7.5% during the fourth quarter. Franklin Resources Inc. now owns 6,894,207 shares of the basic materials company's stock worth $525,683,000 after buying an additional 483,722 shares in the last quarter. Northern Trust Corp increased its holdings in DuPont de Nemours by 16.3% during the 4th quarter. Northern Trust Corp now owns 4,931,816 shares of the basic materials company's stock valued at $376,051,000 after purchasing an additional 690,218 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in DuPont de Nemours by 10.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,413,443 shares of the basic materials company's stock worth $260,276,000 after acquiring an additional 336,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of DuPont de Nemours by 15.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,107,025 shares of the basic materials company's stock valued at $236,909,000 after purchasing an additional 417,359 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company's stock.

DuPont de Nemours Price Performance

DD traded up $2.90 during trading on Friday, reaching $65.96. 1,501,728 shares of the company traded hands, compared to its average volume of 2,401,983. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.88 and a current ratio of 1.33. The company has a market cap of $27.60 billion, a P/E ratio of 39.50, a PEG ratio of 2.15 and a beta of 1.25. The firm has a fifty day simple moving average of $72.12 and a 200 day simple moving average of $77.66. 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 issued its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a return on equity of 7.12% and a net margin of 5.47%. On average, equities analysts forecast that DuPont de Nemours will post 4.38 EPS for the current year.

DuPont de Nemours Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.41 per share. The ex-dividend date was Monday, March 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.49%. This is a positive change from DuPont de Nemours's previous quarterly dividend of $0.38. DuPont de Nemours's payout ratio is currently 98.20%.

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.