DuPont de Nemours (NYSE:DD) Issues Quarterly Earnings Results

DuPont de Nemours (NYSE:DD - Get Free Report) issued its earnings results on Friday. The basic materials company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.95 by $0.08, RTT News reports. The company had revenue of $3.07 billion during the quarter, compared to analysts' expectations of $3.05 billion. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. The business's revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.79 EPS. DuPont de Nemours updated its FY 2025 guidance to 4.300-4.400 EPS and its Q2 2025 guidance to 1.050-1.050 EPS.

DuPont de Nemours Trading Down 0.1 %

DD stock traded down $0.07 during midday trading on Tuesday, hitting $65.24. The stock had a trading volume of 215,749 shares, compared to its average volume of 2,409,061. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.22. The firm has a market cap of $27.30 billion, a P/E ratio of 39.14, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. The business has a fifty day moving average price of $69.49 and a two-hundred day moving average price of $76.46. DuPont de Nemours has a 1-year low of $53.77 and a 1-year high of $90.06.

DuPont de Nemours Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Friday, May 30th will be paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.51%. The ex-dividend date of this dividend is Friday, May 30th. DuPont de Nemours's dividend payout ratio is currently -863.16%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in DuPont de Nemours stock. Brighton Jones LLC lifted its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 19.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,012 shares of the basic materials company's stock after buying an additional 822 shares during the quarter. Brighton Jones LLC's holdings in DuPont de Nemours were worth $382,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 73.96% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on DD shares. Bank of America raised DuPont de Nemours from an "underperform" rating to a "neutral" rating and reduced their target price for the company from $80.00 to $75.00 in a report on Tuesday, April 15th. BMO Capital Markets lifted their target price on DuPont de Nemours from $105.00 to $112.00 and gave the company an "outperform" rating in a research report on Thursday, February 13th. StockNews.com cut shares of DuPont de Nemours from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Morgan Stanley lowered their price objective on shares of DuPont de Nemours from $94.00 to $80.00 and set an "equal weight" rating for the company in a research report on Monday. Finally, Barclays cut 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. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $85.07.

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.