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

DuPont de Nemours (NYSE:DD) had its target price lowered by investment analysts at Royal Bank Of Canada from $176.00 to $160.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage presently has an “outperform” rating on the basic materials company’s stock. Royal Bank Of Canada’s target price would suggest a potential upside of 23.46% from the company’s previous close.

Other analysts also recently issued research reports about the stock. Weiss Ratings restated a “sell (d+)” rating on shares of DuPont de Nemours in a report on Monday, August 3rd. Citigroup lowered their price objective on shares of DuPont de Nemours from $170.00 to $162.00 and set a “buy” rating on the stock in a research report on Wednesday, October 7th. UBS Group dropped their target price on shares of DuPont de Nemours from $178.00 to $172.00 and set a “buy” rating on the stock in a research note on Monday, October 5th. The Goldman Sachs Group reduced their target price on shares of DuPont de Nemours from $159.00 to $153.00 and set a “neutral” rating for the company in a research report on Wednesday, September 30th. Finally, Zacks Research downgraded shares of DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, DuPont de Nemours presently has a consensus rating of “Moderate Buy” and a consensus price target of $162.00.

DuPont de Nemours Stock Performance

Shares of DuPont de Nemours stock traded up $1.11 during trading hours on Thursday, hitting $129.59. 167,205 shares of the company’s stock traded hands, compared to its average volume of 1,357,626. DuPont de Nemours has a 12-month low of $97.34 and a 12-month high of $157.98. The stock has a market capitalization of $17.50 billion, a price-to-earnings ratio of 287.88, a PEG ratio of 1.18 and a beta of 1.05. The company has a fifty day simple moving average of $133.78 and a 200-day simple moving average of $138.29. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.43 and a quick ratio of 1.82.

DuPont de Nemours (NYSE:DD) last released its earnings results on Tuesday, August 4th. The basic materials company reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.12. The company had revenue of $1.82 billion for 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 business’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period 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. Equities research analysts anticipate that DuPont de Nemours will post 7.26 EPS for the current fiscal year.

Institutional Investors Weigh In On DuPont de Nemours

Several large investors have recently added to or reduced their stakes in DD. ZWJ Investment Counsel Inc. boosted its position in DuPont de Nemours by 22,166.0% during the third quarter. ZWJ Investment Counsel Inc. now owns 383,198 shares of the basic materials company’s stock worth $49,774,000 after purchasing an additional 381,477 shares during the period. Mather Group LLC. increased its stake in shares of DuPont de Nemours by 17.3% in the third quarter. Mather Group LLC. now owns 7,398 shares of the basic materials company’s stock worth $876,000 after purchasing an additional 1,090 shares in the last quarter. Meridian Investment Counsel Inc. increased its stake in shares of DuPont de Nemours by 147.7% in the third quarter. Meridian Investment Counsel Inc. now owns 7,929 shares of the basic materials company’s stock worth $1,030,000 after purchasing an additional 4,728 shares in the last quarter. Adirondack Trust Co. raised its position in shares of DuPont de Nemours by 158.2% in the third quarter. Adirondack Trust Co. now owns 1,056 shares of the basic materials company’s stock valued at $137,000 after purchasing an additional 647 shares during the period. Finally, First Citizens Bank & Trust Co. raised its position in shares of DuPont de Nemours by 605.6% in the third quarter. First Citizens Bank & Trust Co. now owns 12,305 shares of the basic materials company’s stock valued at $1,598,000 after purchasing an additional 10,561 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 is a science and technology company that develops engineered materials, specialty chemicals and other performance solutions for industrial and consumer markets. Its products are used in areas including electronics and semiconductor manufacturing, water purification, healthcare, transportation, construction, aerospace, worker safety and industrial processing.

DuPont’s portfolio includes well-known brands and materials such as Kevlar aramid fiber, Nomex flame-resistant materials, Tyvek protective materials, Kapton polyimide film, Vespel high-performance parts and Corian solid-surface materials.