DuPont de Nemours (NYSE:DD) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Key Points

• DuPont de Nemours reported earnings of $1.12 per share, exceeding analysts' expectations of $1.06, and revenue increased by 2.7% year-over-year to $3.26 billion.
• The company announced a quarterly dividend of $0.41, with a dividend yield of 2.2%, despite a negative dividend payout ratio.
• Several analysts upgraded their price targets for DuPont, with an average target of $87.50 and a consensus rating of "Moderate Buy".

DuPont de Nemours (NYSE:DD - Get Free Report) released its quarterly earnings results on Tuesday. The basic materials company reported $1.12 earnings per share for the quarter, beating analysts' consensus estimates of $1.06 by $0.06, Zacks reports. The firm had revenue of $3.26 billion during the quarter, compared to analysts' expectations of $3.23 billion. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%. The business's revenue was up 2.7% on a year-over-year basis. During the same period last year, the firm posted $0.97 EPS. DuPont de Nemours updated its FY 2025 guidance to 4.400-4.400 EPS and its Q3 2025 guidance to 1.150-1.150 EPS.

DuPont de Nemours Trading Down 0.3%

Shares of NYSE:DD traded down $0.20 during mid-day trading on Thursday, reaching $70.60. The stock had a trading volume of 923,181 shares, compared to its average volume of 2,951,008. The firm has a 50 day simple moving average of $71.19 and a two-hundred day simple moving average of $71.81. DuPont de Nemours has a twelve month low of $53.77 and a twelve month high of $90.06. The firm has a market cap of $29.55 billion, a PE ratio of -150.23, a price-to-earnings-growth ratio of 2.00 and a beta of 1.06. The company has a current ratio of 1.41, a quick ratio of 0.91 and a debt-to-equity ratio of 0.23.

DuPont de Nemours Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, August 29th will be paid a $0.41 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.3%. DuPont de Nemours's dividend payout ratio is -863.16%.

Institutional Investors Weigh In On DuPont de Nemours

A hedge fund recently raised its stake in DuPont de Nemours stock. Empowered Funds LLC grew its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 8.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 11,550 shares of the basic materials company's stock after buying an additional 947 shares during the period. Empowered Funds LLC's holdings in DuPont de Nemours were worth $863,000 at the end of the most recent quarter. Institutional investors own 73.96% of the company's stock.

Analyst Upgrades and Downgrades

DD has been the subject of a number of research analyst reports. Mizuho lifted their price target on DuPont de Nemours from $80.00 to $85.00 and gave the company an "outperform" rating in a report on Tuesday, July 15th. Barclays reduced their target price on shares of DuPont de Nemours from $89.00 to $73.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 29th. KeyCorp raised their price target on shares of DuPont de Nemours from $87.00 to $92.00 and gave the company an "overweight" rating in a report on Wednesday. JPMorgan Chase & Co. upped their price objective on DuPont de Nemours from $78.00 to $93.00 and gave the stock an "overweight" rating in a report on Friday, May 16th. Finally, Bank of America upgraded DuPont de Nemours from an "underperform" rating to a "neutral" rating and decreased their price objective for the company from $80.00 to $75.00 in a research report on Tuesday, April 15th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $87.92.

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.