DuPont de Nemours, Inc. (NYSE:DD) Receives $95.42 Average PT from Analysts

Shares of DuPont de Nemours, Inc. (NYSE:DD - Get Free Report) have been given a consensus rating of "Moderate Buy" by the thirteen brokerages that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and nine have issued a buy rating on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $95.42.

DD has been the topic of several recent research reports. Morgan Stanley lifted their price objective on shares of DuPont de Nemours from $88.00 to $94.00 and gave the company an "equal weight" rating in a research report on Monday, October 21st. Wells Fargo & Company lifted their price target on DuPont de Nemours from $105.00 to $107.00 and gave the company an "overweight" rating in a report on Wednesday, November 6th. Royal Bank of Canada increased their price objective on DuPont de Nemours from $102.00 to $104.00 and gave the stock an "outperform" rating in a report on Thursday, November 7th. Barclays lifted their target price on DuPont de Nemours from $84.00 to $85.00 and gave the company an "underweight" rating in a research note on Wednesday, November 6th. Finally, StockNews.com cut DuPont de Nemours from a "buy" rating to a "hold" rating in a research note on Tuesday, December 10th.

Institutional Investors Weigh In On DuPont de Nemours

A number of large investors have recently made changes to their positions in DD. Denver PWM LLC purchased a new stake in shares of DuPont de Nemours during the second quarter worth $28,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of DuPont de Nemours in the second quarter valued at about $27,000. Ashton Thomas Securities LLC acquired a new position in shares of DuPont de Nemours during the third quarter worth approximately $38,000. FSA Wealth Management LLC acquired a new stake in DuPont de Nemours in the 3rd quarter worth $39,000. Finally, Quarry LP bought a new stake in shares of DuPont de Nemours in the 2nd quarter worth approximately $37,000. Institutional investors and hedge funds own 73.96% of the company's stock.

DuPont de Nemours Stock Down 0.9 %

Shares of NYSE DD traded down $0.72 on Friday, hitting $80.84. The company had a trading volume of 1,364,055 shares, compared to its average volume of 2,445,549. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29. DuPont de Nemours has a 12-month low of $61.14 and a 12-month high of $90.06. The firm has a market capitalization of $33.79 billion, a P/E ratio of 42.55, a PEG ratio of 1.97 and a beta of 1.34. The business has a 50 day moving average of $83.71 and a two-hundred day moving average of $82.12.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its quarterly earnings data on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.15. The company had revenue of $3.19 billion during 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 revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period last 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 fiscal year.

DuPont de Nemours Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date of this dividend is Friday, November 29th. DuPont de Nemours's payout ratio is 80.00%.

DuPont de Nemours Company Profile

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.