DuPont de Nemours (NYSE:DD) Price Target Raised to $93.00 at KeyCorp

Key Points

• KeyCorp increased its price target for DuPont de Nemours from $92.00 to $93.00, indicating a potential upside of 19.11% from its previous close.
• DuPont de Nemours has received multiple upgrades from various analysts, with Royal Bank Of Canada and Wells Fargo setting price targets of $94.00 and $90.00 respectively.
• In the last quarter, DuPont reported $1.12 EPS, exceeding expectations, and its revenue increased by 2.7% year-over-year to $3.26 billion.

DuPont de Nemours (NYSE:DD - Free Report) had its price objective boosted by KeyCorp from $92.00 to $93.00 in a report issued on Monday morning,MarketScreener reports. KeyCorp currently has an overweight rating on the basic materials company's stock.

DD has been the topic of a number of other reports. BMO Capital Markets decreased their price objective on DuPont de Nemours from $107.00 to $104.00 and set an "outperform" rating on the stock in a report on Friday. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $94.00 target price on shares of DuPont de Nemours in a research report on Friday. Mizuho boosted their price objective on DuPont de Nemours from $80.00 to $85.00 and gave the company an "outperform" rating in a research note on Tuesday, July 15th. Citigroup increased their target price on DuPont de Nemours from $75.00 to $85.00 and gave the company a "buy" rating in a report on Thursday, July 3rd. Finally, UBS Group raised their price objective on DuPont de Nemours from $87.00 to $89.00 and gave the company a "buy" rating in a research report on Monday, July 21st. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $88.33.

DuPont de Nemours Trading Up 0.3%

DD traded up $0.23 during trading on Monday, reaching $78.33. The company had a trading volume of 4,730,493 shares, compared to its average volume of 2,667,618. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 1.41. DuPont de Nemours has a 12-month low of $53.77 and a 12-month high of $90.06. The firm's 50-day simple moving average is $75.11 and its 200 day simple moving average is $70.87. The company has a market cap of $32.80 billion, a price-to-earnings ratio of -166.66, a PEG ratio of 1.95 and a beta of 1.07.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.06 by $0.06. The business had revenue of $3.26 billion for 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%.DuPont de Nemours's quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.97 earnings per share. DuPont de Nemours has set its FY 2025 guidance at 4.400-4.400 EPS. Q3 2025 guidance at 1.150-1.150 EPS. Equities research analysts anticipate that DuPont de Nemours will post 4.38 earnings per share for the current year.

DuPont de Nemours Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Friday, August 29th. DuPont de Nemours's dividend payout ratio (DPR) is currently -348.94%.

Insider Buying and Selling

In other news, SVP Steven P. Larrabee sold 43,208 shares of the business's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $77.17, for a total transaction of $3,334,361.36. Following the transaction, the senior vice president directly owned 38,585 shares in the company, valued at $2,977,604.45. The trade was a 52.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders have sold 74,208 shares of company stock valued at $5,714,861 in the last quarter. Insiders own 0.61% of the company's stock.

Institutional Investors Weigh In On DuPont de Nemours

Several large investors have recently made changes to their positions in DD. Princeton Global Asset Management LLC lifted its position in shares of DuPont de Nemours by 64.4% in the 2nd quarter. Princeton Global Asset Management LLC now owns 365 shares of the basic materials company's stock worth $25,000 after buying an additional 143 shares during the last quarter. Vermillion Wealth Management Inc. bought a new position in shares of DuPont de Nemours in the fourth quarter valued at approximately $28,000. JNBA Financial Advisors raised its stake in DuPont de Nemours by 132.5% during the 1st quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company's stock valued at $28,000 after purchasing an additional 216 shares during the last quarter. Valley National Advisers Inc. grew its holdings in shares of DuPont de Nemours by 145.0% in the 1st quarter. Valley National Advisers Inc. now owns 419 shares of the basic materials company's stock worth $31,000 after purchasing an additional 248 shares during the last quarter. Finally, WPG Advisers LLC bought a new stake in DuPont de Nemours during the 1st quarter worth about $35,000. Institutional investors and hedge funds own 73.96% of the company's stock.

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.