Royal Bank Of Canada Issues Pessimistic Forecast for DuPont de Nemours (NYSE:DD) Stock Price

Key Points

• Royal Bank of Canada lowered DuPont’s price target to $176 from $180 while maintaining an “outperform” rating, implying approximately 22.45% upside from the stock’s $143.74 price.
• Analyst sentiment remains broadly positive, with 12 Buy, four Hold and one Sell rating; MarketBeat reports a consensus “Moderate Buy” rating and an average price target of $165.13.
• DuPont exceeded quarterly expectations, reporting $1.88 in EPS versus the $1.76 consensus and $1.82 billion in revenue, up 4% year over year. Institutional investors own approximately 73.96% of the company’s shares.

DuPont de Nemours (NYSE:DD - Get Free Report) had its target price decreased by equities research analysts at Royal Bank Of Canada from $180.00 to $176.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has an "outperform" rating on the basic materials company's stock. Royal Bank Of Canada's price target would indicate a potential upside of 22.45% from the stock's current price.

A number of other equities analysts have also commented on DD. Weiss Ratings reissued a "sell (d+)" rating on shares of DuPont de Nemours in a research report on Monday. The Goldman Sachs Group upped their price objective on DuPont de Nemours from $53.00 to $159.00 and gave the company a "neutral" rating in a research note on Thursday, June 25th. Zacks Research cut shares of DuPont de Nemours from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 17th. Deutsche Bank Aktiengesellschaft upped their price target on shares of DuPont de Nemours from $174.00 to $180.00 and gave the stock a "buy" rating in a research report on Thursday, May 7th. Finally, UBS Group boosted their target price on DuPont de Nemours from $175.00 to $178.00 and gave the stock a "buy" rating in a research report on Wednesday. Twelve research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $165.13.

DuPont de Nemours Stock Down 0.2%

DD traded down $0.32 during trading on Friday, reaching $143.74. 400,126 shares of the stock traded hands, compared to its average volume of 1,451,549. The stock has a market cap of $19.41 billion, a price-to-earnings ratio of 319.71, a price-to-earnings-growth ratio of 1.37 and a beta of 1.06. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.43 and a quick ratio of 2.11. DuPont de Nemours has a fifty-two week low of $87.26 and a fifty-two week high of $157.98. The stock's 50-day simple moving average is $139.76 and its two-hundred day simple moving average is $140.53.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.76 by $0.12. The business 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 firm's quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.12 EPS. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. As a group, equities research analysts expect that DuPont de Nemours will post 7.25 EPS for the current year.

Hedge Funds Weigh In On DuPont de Nemours

A number of institutional investors have recently added to or reduced their stakes in DD. State Street Corp lifted its holdings in DuPont de Nemours by 1.2% during the 4th quarter. State Street Corp now owns 18,412,070 shares of the basic materials company's stock valued at $740,165,000 after purchasing an additional 215,928 shares during the last quarter. Auto Owners Insurance Co grew its stake in DuPont de Nemours by 4,275.8% during the fourth quarter. Auto Owners Insurance Co now owns 17,552,405 shares of the basic materials company's stock worth $70,561,000 after buying an additional 17,151,278 shares in the last quarter. Invesco Ltd. raised its position in DuPont de Nemours by 64.4% during the fourth 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. Geode Capital Management LLC lifted its position in shares of DuPont de Nemours by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 11,019,892 shares of the basic materials company's stock worth $441,285,000 after buying an additional 74,355 shares during the last quarter. Finally, Nuveen LLC boosted its stake in shares of DuPont de Nemours by 18.9% in the 4th quarter. Nuveen LLC now owns 10,662,674 shares of the basic materials company's stock valued at $428,639,000 after purchasing an additional 1,695,097 shares in the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Company Profile

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.

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