Analysts Set DuPont de Nemours, Inc. (NYSE:DD) PT at $99.17

Shares of DuPont de Nemours, Inc. (NYSE:DD - Get Free Report) have received a consensus rating of "Moderate Buy" from the twelve research firms that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $99.17.

A number of brokerages have weighed in on DD. Barclays raised DuPont de Nemours from an "underweight" rating to an "equal weight" rating and raised their target price for the company from $85.00 to $89.00 in a report on Thursday, February 13th. JPMorgan Chase & Co. decreased their target price on DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating on the stock in a research report on Wednesday, January 15th. BMO Capital Markets increased their target price on shares of DuPont de Nemours from $105.00 to $112.00 and gave the stock an "outperform" rating in a report on Thursday, February 13th. UBS Group raised their price target on shares of DuPont de Nemours from $102.00 to $103.00 and gave the company a "buy" rating in a research note on Tuesday, February 25th. Finally, Wolfe Research upgraded shares of DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 price objective for the company in a research report on Friday, January 17th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of DD. Hager Investment Management Services LLC bought a new position in shares of DuPont de Nemours during the fourth quarter worth about $26,000. Aster Capital Management DIFC Ltd increased its position in DuPont de Nemours by 479.4% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 365 shares of the basic materials company's stock valued at $28,000 after purchasing an additional 302 shares during the period. Vermillion Wealth Management Inc. bought a new position in DuPont de Nemours during the 4th quarter worth approximately $28,000. Byrne Asset Management LLC acquired a new position in shares of DuPont de Nemours in the 4th quarter worth approximately $29,000. Finally, Vision Financial Markets LLC acquired a new position in shares of DuPont de Nemours in the 4th quarter worth approximately $31,000. 73.96% of the stock is owned by institutional investors.

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DuPont de Nemours Stock Performance

DD traded down $1.96 during trading on Tuesday, hitting $74.00. The stock had a trading volume of 3,562,384 shares, compared to its average volume of 2,221,328. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.33 and a quick ratio of 0.88. The company has a 50 day moving average price of $78.45 and a 200-day moving average price of $80.74. DuPont de Nemours has a one year low of $72.38 and a one year high of $90.06. The firm has a market cap of $30.94 billion, a price-to-earnings ratio of 44.31, a P/E/G ratio of 2.15 and a beta of 1.29.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.98 by $0.15. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. As a group, research analysts predict that DuPont de Nemours will post 4.38 EPS for the current year.

DuPont de Nemours Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.22%. This is an increase from DuPont de Nemours's previous quarterly dividend of $0.38. The ex-dividend date was Monday, March 3rd. DuPont de Nemours's dividend payout ratio is presently 98.20%.

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.