Analysts Set DuPont de Nemours, Inc. (NYSE:DD) PT at $87.71

DuPont de Nemours, Inc. (NYSE:DD - Get Free Report) has earned an average rating of "Moderate Buy" from the fourteen research firms that are currently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $87.71.

Several equities research analysts have weighed in on DD shares. UBS Group cut their price target on DuPont de Nemours from $103.00 to $75.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. Mizuho reduced their price target on DuPont de Nemours from $100.00 to $80.00 and set an "outperform" rating for the company in a research report on Tuesday, April 15th. Citigroup dropped their price objective on shares of DuPont de Nemours from $95.00 to $74.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Wells Fargo & Company dropped their price target on shares of DuPont de Nemours from $105.00 to $81.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 9th. Finally, JPMorgan Chase & Co. lowered their target price on shares of DuPont de Nemours from $101.00 to $76.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. M&T Bank Corp boosted its holdings in DuPont de Nemours by 0.7% in the third quarter. M&T Bank Corp now owns 1,734,503 shares of the basic materials company's stock valued at $154,562,000 after purchasing an additional 11,870 shares during the last quarter. Morse Asset Management Inc raised its holdings in shares of DuPont de Nemours by 29.3% during the third quarter. Morse Asset Management Inc now owns 24,897 shares of the basic materials company's stock valued at $2,219,000 after buying an additional 5,642 shares during the last quarter. Tidal Investments LLC boosted its position in DuPont de Nemours by 10.7% during the 3rd quarter. Tidal Investments LLC now owns 32,061 shares of the basic materials company's stock worth $2,857,000 after acquiring an additional 3,096 shares during the period. Synovus Financial Corp boosted its holdings in shares of DuPont de Nemours by 2.5% in the third quarter. Synovus Financial Corp now owns 36,538 shares of the basic materials company's stock valued at $3,256,000 after acquiring an additional 905 shares in the last quarter. Finally, Franklin Resources Inc. increased its position in shares of DuPont de Nemours by 9.8% during the 3rd quarter. Franklin Resources Inc. now owns 6,410,485 shares of the basic materials company's stock valued at $556,751,000 after purchasing an additional 570,703 shares during the period. 73.96% of the stock is owned by hedge funds and other institutional investors.

DuPont de Nemours Stock Performance

Shares of NYSE DD traded up $0.14 during mid-day trading on Friday, hitting $60.28. The stock had a trading volume of 3,913,495 shares, compared to its average volume of 2,385,427. The company has a 50 day moving average of $72.98 and a two-hundred day moving average of $77.88. DuPont de Nemours has a twelve month low of $53.77 and a twelve month high of $90.06. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.88 and a current ratio of 1.33. The firm has a market cap of $25.23 billion, a PE ratio of 36.10, a PEG ratio of 2.15 and a beta of 1.25.

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

DuPont de Nemours Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.72%. This is a boost from DuPont de Nemours's previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, March 3rd. DuPont de Nemours's dividend payout ratio (DPR) is 98.20%.

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.