Brokerages Set DuPont de Nemours, Inc. (NYSE:DD) Price Target at $95.25

Shares of DuPont de Nemours, Inc. (NYSE:DD - Get Free Report) have received an average recommendation of "Moderate Buy" from the thirteen ratings firms that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and nine have assigned a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $95.25.

A number of research firms recently weighed in on DD. Barclays upped their target price on shares of DuPont de Nemours from $84.00 to $85.00 and gave the stock an "underweight" rating in a research note on Wednesday, November 6th. Royal Bank of Canada raised their price objective on shares of DuPont de Nemours from $102.00 to $104.00 and gave the company an "outperform" rating in a report on Thursday, November 7th. Citigroup lowered their target price on shares of DuPont de Nemours from $98.00 to $92.00 and set a "buy" rating for the company in a research note on Wednesday, December 18th. Morgan Stanley raised their price target on DuPont de Nemours from $88.00 to $94.00 and gave the company an "equal weight" rating in a research note on Monday, October 21st. Finally, StockNews.com raised DuPont de Nemours from a "hold" rating to a "buy" rating in a research report on Tuesday, December 24th.

DuPont de Nemours Trading Down 0.9 %

NYSE DD traded down $0.68 during trading on Thursday, hitting $74.40. The stock had a trading volume of 2,297,933 shares, compared to its average volume of 2,430,739. The company has a market capitalization of $31.10 billion, a PE ratio of 39.16, a PEG ratio of 1.97 and a beta of 1.35. DuPont de Nemours has a twelve month low of $61.14 and a twelve month high of $90.06. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29. The firm has a 50 day moving average price of $80.58 and a 200 day moving average price of $81.59.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.03 by $0.15. The company had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.20 billion. DuPont de Nemours had a net margin of 6.35% and a return on equity of 6.64%. The firm's quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.92 EPS. As a group, equities research analysts forecast that DuPont de Nemours will post 3.89 earnings per share for the current year.

DuPont de Nemours Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date was Friday, November 29th. DuPont de Nemours's dividend payout ratio is currently 80.00%.

Institutional Trading of DuPont de Nemours

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Strategic Investment Solutions Inc. IL acquired a new stake in shares of DuPont de Nemours in the 2nd quarter worth $27,000. Ashton Thomas Securities LLC acquired a new stake in DuPont de Nemours in the third quarter valued at about $38,000. FSA Wealth Management LLC purchased a new stake in DuPont de Nemours in the 3rd quarter valued at approximately $39,000. Quarry LP acquired a new position in DuPont de Nemours during the 2nd quarter worth approximately $37,000. Finally, True Wealth Design LLC raised its stake in shares of DuPont de Nemours by 2,378.9% during the 3rd quarter. True Wealth Design LLC now owns 471 shares of the basic materials company's stock worth $42,000 after buying an additional 452 shares in the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

About DuPont de Nemours

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.