DuPont de Nemours (NYSE:DD) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Key Points

• JPMorgan raised DuPont’s price target from $171 to $172 and maintained an “overweight” rating, implying approximately 20.9% upside from the reported share price.
• Analyst sentiment is broadly positive: DuPont has a consensus “Moderate Buy” rating and an average price target of $166.60, based on 12 Buy, four Hold and one Sell rating.
• DuPont beat quarterly expectations, reporting $1.88 in earnings per share versus the $1.76 consensus estimate and $1.82 billion in revenue, up 4% year over year.

DuPont de Nemours (NYSE:DD - Get Free Report) had its price objective upped by equities researchers at JPMorgan Chase & Co. from $171.00 to $172.00 in a note issued to investors on Monday,Benzinga reports. The brokerage presently has an "overweight" rating on the basic materials company's stock. JPMorgan Chase & Co.'s price target points to a potential upside of 20.88% from the company's current price.

Other analysts have also recently issued reports about the stock. Bank of America decreased their price objective on shares of DuPont de Nemours from $150.00 to $141.00 and set a "neutral" rating for the company in a research note on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft increased their price objective on shares of DuPont de Nemours from $174.00 to $180.00 and gave the stock a "buy" rating in a research note on Thursday, May 7th. Morgan Stanley raised their target price on shares of DuPont de Nemours from $132.00 to $156.00 and gave the stock an "equal weight" rating in a report on Tuesday, April 28th. Citigroup boosted their target price on shares of DuPont de Nemours from $168.00 to $170.00 and gave the company a "buy" rating in a research report on Thursday, July 2nd. Finally, The Goldman Sachs Group increased their price target on DuPont de Nemours from $53.00 to $159.00 and gave the stock a "neutral" rating in a research report on Thursday, June 25th. Twelve investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $166.60.

DuPont de Nemours Stock Performance

DuPont de Nemours stock traded down $0.17 during trading hours on Monday, hitting $142.29. 379,311 shares of the stock traded hands, compared to its average volume of 1,450,778. The firm's 50 day moving average price is $139.70 and its 200-day moving average price is $140.63. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.43 and a quick ratio of 1.82. The stock has a market capitalization of $19.22 billion, a price-to-earnings ratio of 316.48, a P/E/G ratio of 1.30 and a beta of 1.06. DuPont de Nemours has a 1 year low of $87.26 and a 1 year high of $157.98.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.12. The firm had revenue of $1.82 billion during the quarter, compared to analysts' expectations of $1.81 billion. DuPont de Nemours had a return on equity of 6.92% and a net margin of 0.67%.The company's revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period last year, the business posted $1.12 earnings per share. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. As a group, equities analysts expect that DuPont de Nemours will post 7.26 EPS for the current fiscal year.

Hedge Funds Weigh In On DuPont de Nemours

Large investors have recently made changes to their positions in the company. Auto Owners Insurance Co boosted its stake in shares of DuPont de Nemours by 4,275.8% during the 4th quarter. Auto Owners Insurance Co now owns 17,552,405 shares of the basic materials company's stock worth $70,561,000 after acquiring an additional 17,151,278 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of DuPont de Nemours by 12,133.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 9,614,878 shares of the basic materials company's stock valued at $365,921,000 after purchasing an additional 9,536,283 shares in the last quarter. Invesco Ltd. increased its stake in shares of DuPont de Nemours by 64.4% in the 4th quarter. Invesco Ltd. now owns 14,514,600 shares of the basic materials company's stock valued at $583,487,000 after purchasing an additional 5,686,490 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in DuPont de Nemours by 242.4% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 7,491,426 shares of the basic materials company's stock worth $301,155,000 after purchasing an additional 5,303,219 shares during the period. Finally, Eurizon Capital SGR S.p.A. acquired a new position in DuPont de Nemours in the 4th quarter worth about $130,394,000. 73.96% of the stock is currently owned by institutional investors and hedge funds.

About DuPont de Nemours

DuPont de Nemours NYSE: DD is a global science and engineering company that develops and supplies specialty materials, chemicals and industrial biosciences for a wide range of markets. Headquartered in Wilmington, Delaware, the company traces its origins to 1802 and has evolved through more than two centuries of innovation. In recent history DuPont participated in a major combination with Dow Chemical and subsequent reorganization that refocused the company on differentiated, specialty businesses built around science-based solutions.

DuPont's operations center on advanced materials and technologies used by manufacturers and OEMs in industries such as transportation, electronics, construction, industrial manufacturing and worker safety.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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