DuPont de Nemours (NYSE:DD) Given New $93.00 Price Target at KeyCorp

DuPont de Nemours (NYSE:DD) had its price target raised by KeyCorp from $92.00 to $93.00 in a research report sent to investors on Monday,MarketScreener reports. KeyCorp currently has an overweight rating on the basic materials company’s stock.

A number of other equities analysts also recently issued reports on DD. Royal Bank Of Canada reiterated an “outperform” rating and set a $94.00 price target on shares of DuPont de Nemours in a research note on Friday, September 19th. Wells Fargo & Company lifted their target price on DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a research report on Monday, July 14th. Mizuho increased their price target on DuPont de Nemours from $80.00 to $85.00 and gave the company an “outperform” rating in a research report on Tuesday, July 15th. UBS Group lifted their price objective on shares of DuPont de Nemours from $87.00 to $89.00 and gave the stock a “buy” rating in a report on Monday, July 21st. Finally, BMO Capital Markets reduced their target price on shares of DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating for the company in a research note on Friday, September 19th. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $88.33.

DuPont de Nemours Stock Performance

Shares of DD stock opened at $75.76 on Monday. The company has a current ratio of 1.41, a quick ratio of 0.94 and a debt-to-equity ratio of 0.23. The firm has a fifty day simple moving average of $75.22 and a two-hundred day simple moving average of $70.95. DuPont de Nemours has a 12 month low of $53.77 and a 12 month high of $90.06. The firm has a market capitalization of $31.72 billion, a PE ratio of -161.19, a price-to-earnings-growth ratio of 2.24 and a beta of 1.07.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings data on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.06. The firm had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.23 billion. DuPont de Nemours had a negative net margin of 1.54% and a positive return on equity of 7.85%. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period last year, the firm earned $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. Analysts forecast that DuPont de Nemours will post 4.38 EPS for the current fiscal year.

Insider Activity

In other news, SVP Steven P. Larrabee sold 43,208 shares of DuPont de Nemours stock in a transaction on Monday, September 15th. The stock was sold at an average price of $77.17, for a total transaction of $3,334,361.36. Following the sale, 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 position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last ninety days, insiders sold 74,208 shares of company stock worth $5,714,861. Company insiders own 0.61% of the company’s stock.

Institutional Trading of DuPont de Nemours

A number of large investors have recently added to or reduced their stakes in DD. Nuveen LLC purchased a new position in DuPont de Nemours in the first quarter valued at about $531,037,000. Norges Bank bought a new stake in shares of DuPont de Nemours in the 2nd quarter worth approximately $313,306,000. Ilex Capital Partners UK LLP lifted its stake in DuPont de Nemours by 175.8% in the second quarter. Ilex Capital Partners UK LLP now owns 2,043,299 shares of the basic materials company’s stock valued at $140,150,000 after purchasing an additional 1,302,341 shares during the last quarter. AQR Capital Management LLC lifted its stake in DuPont de Nemours by 139.3% in the second quarter. AQR Capital Management LLC now owns 1,791,511 shares of the basic materials company’s stock valued at $122,486,000 after purchasing an additional 1,042,929 shares during the last quarter. Finally, Holocene Advisors LP grew its holdings in DuPont de Nemours by 70.5% during the second quarter. Holocene Advisors LP now owns 2,398,287 shares of the basic materials company’s stock valued at $164,499,000 after purchasing an additional 991,985 shares during the period. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Company Profile

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.