Bank of America Cuts DuPont de Nemours (NYSE:DD) Price Target to $47.00

DuPont de Nemours (NYSE:DD) had its price target decreased by Bank of America from $50.00 to $47.00 in a research report report published on Tuesday,Benzinga reports. Bank of America currently has a neutral rating on the basic materials company’s stock.

Other analysts have also recently issued reports about the stock. Wolfe Research lifted their price objective on shares of DuPont de Nemours from $49.00 to $54.00 and gave the company an “outperform” rating in a research note on Wednesday, February 11th. Argus decreased their price objective on shares of DuPont de Nemours from $86.00 to $52.00 and set a “buy” rating for the company in a research note on Thursday, February 5th. Jefferies Financial Group lifted their price objective on shares of DuPont de Nemours from $51.00 to $59.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. BMO Capital Markets lifted their price objective on shares of DuPont de Nemours from $25.10 to $60.00 and gave the company an “outperform” rating in a research note on Monday, April 13th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of DuPont de Nemours from $48.00 to $50.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. 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. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $52.70.

DuPont de Nemours Stock Performance

Shares of DD stock opened at $46.35 on Tuesday. The firm has a market capitalization of $19.00 billion, a price-to-earnings ratio of -24.92, a price-to-earnings-growth ratio of 1.69 and a beta of 1.09. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.42 and a quick ratio of 1.91. The business has a fifty day moving average of $46.97 and a 200 day moving average of $42.42. DuPont de Nemours has a 1 year low of $26.57 and a 1 year high of $52.66.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data on Tuesday, February 10th. The basic materials company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.43 by $0.03. DuPont de Nemours had a negative net margin of 7.03% and a positive return on equity of 7.37%. The business had revenue of ($1,871.00) million during the quarter, compared to analysts’ expectations of $1.69 billion. During the same period in the previous year, the business posted $1.13 EPS. The business’s quarterly revenue was up .2% compared to the same quarter last year. DuPont de Nemours has set its FY 2026 guidance at 2.250-2.300 EPS and its Q1 2026 guidance at 0.480-0.480 EPS. As a group, research analysts expect that DuPont de Nemours will post 2.26 earnings per share for the current year.

DuPont de Nemours Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Friday, May 15th. DuPont de Nemours’s payout ratio is presently -43.01%.

Institutional Investors Weigh In On DuPont de Nemours

Several institutional investors and hedge funds have recently added to or reduced their stakes in DD. Auto Owners Insurance Co increased its holdings in DuPont de Nemours by 4,275.8% in 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. grew its holdings in shares of DuPont de Nemours by 12,133.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 9,614,878 shares of the basic materials company’s stock worth $365,921,000 after buying an additional 9,536,283 shares in the last quarter. Invesco Ltd. grew its holdings in shares of 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 worth $583,487,000 after buying an additional 5,686,490 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in shares of DuPont de Nemours by 242.4% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 7,491,426 shares of the basic materials company’s stock worth $301,155,000 after buying an additional 5,303,219 shares in the last quarter. Finally, Eurizon Capital SGR S.p.A. purchased a new stake in shares of DuPont de Nemours during the fourth quarter worth $130,394,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.

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.