KeyCorp Issues Positive Forecast for DuPont de Nemours (NYSE:DD) Stock Price

DuPont de Nemours (NYSE:DD) had its price objective hoisted by analysts at KeyCorp from $45.00 to $51.00 in a research note issued on Friday,Benzinga reports. The firm presently has an “overweight” rating on the basic materials company’s stock. KeyCorp’s target price indicates a potential upside of 16.17% from the company’s previous close.

A number of other brokerages also recently weighed in on DD. Deutsche Bank Aktiengesellschaft cut their price target on shares of DuPont de Nemours from $90.00 to $46.00 and set a “buy” rating for the company in a report on Tuesday, November 25th. Wolfe Research cut their target price on DuPont de Nemours from $87.00 to $39.00 and set an “outperform” rating for the company in a research note on Tuesday, November 4th. JPMorgan Chase & Co. decreased their price target on DuPont de Nemours from $104.00 to $48.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 11th. Weiss Ratings restated a “sell (d+)” rating on shares of DuPont de Nemours in a research report on Monday, December 22nd. Finally, Wells Fargo & Company reduced their price objective on DuPont de Nemours from $100.00 to $50.00 and set an “overweight” rating on the stock in a research note on Friday, November 7th. Ten equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $44.61.

DuPont de Nemours Price Performance

DuPont de Nemours stock traded up $0.50 during mid-day trading on Friday, reaching $43.90. 949,376 shares of the company were exchanged, compared to its average volume of 4,110,287. The company has a fifty day simple moving average of $40.04 and a 200-day simple moving average of $34.58. The firm has a market cap of $18.39 billion, a PE ratio of -23.85, a PEG ratio of 3.20 and a beta of 1.08. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.00 and a quick ratio of 1.63. DuPont de Nemours has a 12 month low of $22.50 and a 12 month high of $44.15.

DuPont de Nemours (NYSE:DD) last released its earnings results on Monday, July 11th. The basic materials company reported $0.29 earnings per share (EPS) for the quarter. The company had revenue of $3.02 billion for the quarter. DuPont de Nemours had a positive return on equity of 7.81% and a negative net margin of 6.17%.DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. As a group, equities research analysts expect that DuPont de Nemours will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours announced that its Board of Directors has approved a share buyback plan on Thursday, November 6th that permits the company to buyback $2.00 billion in outstanding shares. This buyback authorization permits the basic materials company to repurchase up to 12.2% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its stock is undervalued.

Insider Activity at DuPont de Nemours

In related news, CEO Lori Koch sold 9,011 shares of the business’s stock in a transaction on Friday, November 28th. The shares were sold at an average price of $39.46, for a total value of $355,574.06. Following the sale, the chief executive officer owned 288,326 shares of the company’s stock, valued at $11,377,343.96. The trade was a 3.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Erik T. Hoover sold 6,005 shares of the stock in a transaction on Friday, November 28th. The shares were sold at an average price of $39.79, for a total value of $238,938.95. Following the completion of the sale, the senior vice president owned 112,101 shares of the company’s stock, valued at $4,460,498.79. The trade was a 5.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.61% of the company’s stock.

Institutional Trading of DuPont de Nemours

Institutional investors have recently added to or reduced their stakes in the stock. Obermeyer Wealth Partners lifted its holdings in DuPont de Nemours by 73.6% in the 2nd quarter. Obermeyer Wealth Partners now owns 25,159 shares of the basic materials company’s stock worth $1,726,000 after buying an additional 10,663 shares during the period. KLP Kapitalforvaltning AS raised its holdings in shares of DuPont de Nemours by 3.4% during the second quarter. KLP Kapitalforvaltning AS now owns 157,376 shares of the basic materials company’s stock valued at $10,794,000 after acquiring an additional 5,200 shares in the last quarter. Prospera Financial Services Inc lifted its stake in DuPont de Nemours by 19.1% in the second quarter. Prospera Financial Services Inc now owns 94,434 shares of the basic materials company’s stock worth $6,477,000 after acquiring an additional 15,144 shares during the period. Drummond Knight Asset Management Pty Ltd boosted its holdings in DuPont de Nemours by 107.9% in the second quarter. Drummond Knight Asset Management Pty Ltd now owns 704,489 shares of the basic materials company’s stock valued at $48,321,000 after acquiring an additional 365,619 shares in the last quarter. Finally, KBC Group NV increased its position in DuPont de Nemours by 10.4% during the 2nd quarter. KBC Group NV now owns 81,254 shares of the basic materials company’s stock valued at $5,573,000 after purchasing an additional 7,684 shares during the period. 73.96% of the stock is currently owned by institutional investors.

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.