Companies

DuPont de Nemours Price Target Increased to $95.00

Published February 15, 2025

On February 15, 2025, analysts at Citigroup raised their price target for DuPont de Nemours (NYSE:DD) from $88.00 to $95.00. This adjustment, which has been noted by various financial news outlets, reflects a growing confidence in the basic materials company. Citigroup has maintained a "buy" rating on the stock, suggesting that investors could see a potential upside of 14.04% from the company’s previous closing price.

In addition to Citigroup's update, other analysts have also revised their outlook on DuPont de Nemours recently. Barclays, for instance, upgraded the company from an "underweight" rating to an "equal weight" rating and raised their price target from $85.00 to $89.00. Meanwhile, JPMorgan Chase & Co. lowered their target from $104.00 to $101.00, while maintaining an "overweight" rating. Similarly, the Royal Bank of Canada made the same cut, revising its target to $101.00. On the other hand, StockNews.com changed its rating from "buy" to "hold," indicating a more cautious approach. Wells Fargo & Company also reduced its price target from $107.00 to $105.00 yet kept its "overweight" rating intact.

According to data from MarketBeat, the consensus rating for DuPont de Nemours is currently "Moderate Buy," with three analysts giving the stock a hold rating, while ten analysts rated it as a buy. The average price target among analysts stands at $98.75, indicating optimism regarding the company’s future performance.

Stock Performance Overview

As of the last market session on Thursday, DuPont de Nemours stock opened at $83.31. The company boasts a market capitalization of $34.82 billion and has a price-to-earnings ratio of 43.85. With a PEG ratio of 1.70 and a beta of 1.34, the stock is characterized by moderate volatility. Over the past year, the stock has seen a low of $67.70 and a high of $90.06, showcasing its potential for growth.

Recent Earnings Reports

DuPont de Nemours recently reported its quarterly earnings on February 11th, revealing earnings per share (EPS) of $1.13. This figure surpassed analysts' consensus estimates, which were set at $0.98, demonstrating better-than-expected financial performance. The company posted a return on equity of 6.64% with a net margin of 6.35%. Analysts forecast DuPont to achieve an EPS of 3.91 for the current year, indicating steady financial growth.

Institutional Investor Activity

Recent data indicates significant interest from institutional investors in DuPont de Nemours. Norges Bank purchased a new stake valued at approximately $146.6 million in the fourth quarter. Moreover, Marshall Wace LLP boosted its holdings by 228.8%, now owning 1,471,730 shares worth $112.2 million. Prudential Financial Inc. also increased its stake by 337.5%, acquiring 1,278,583 shares valued at $97.5 million. Assenagon Asset Management S.A. and Schroder Investment Management Group similarly expanded their positions significantly. Collectively, institutional investors hold about 73.96% of DuPont de Nemours’ stock, demonstrating robust confidence in the company's growth prospects.

About DuPont de Nemours

DuPont de Nemours, Inc. offers various technology-driven materials and solutions across the globe, including North America, Europe, the Asia Pacific, and more. The company operates primarily through three segments: Electronics & Industrial, Water & Protection, and Corporate & Other. Notably, the Electronics & Industrial segment is crucial as it supplies essential materials for the manufacturing of semiconductors and integrated circuits.

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