Q3 2024 Earnings Estimate for DuPont de Nemours, Inc. Issued By Zacks Research (NYSE:DD)

DuPont de Nemours, Inc. (NYSE:DDFree Report) – Zacks Research raised their Q3 2024 earnings per share estimates for DuPont de Nemours in a note issued to investors on Wednesday, May 22nd. Zacks Research analyst R. Department now anticipates that the basic materials company will post earnings per share of $0.99 for the quarter, up from their prior estimate of $0.98. The consensus estimate for DuPont de Nemours’ current full-year earnings is $3.64 per share. Zacks Research also issued estimates for DuPont de Nemours’ Q1 2026 earnings at $1.15 EPS and FY2026 earnings at $4.77 EPS.

A number of other equities analysts have also recently issued reports on the stock. BMO Capital Markets upgraded shares of DuPont de Nemours from a “market perform” rating to an “outperform” rating and set a $96.00 price objective on the stock in a research report on Thursday. Citigroup increased their price objective on DuPont de Nemours from $73.00 to $80.00 and gave the stock a “neutral” rating in a report on Wednesday, April 10th. TheStreet downgraded DuPont de Nemours from a “b-” rating to a “c” rating in a report on Tuesday, February 6th. StockNews.com upgraded shares of DuPont de Nemours from a “sell” rating to a “hold” rating in a report on Wednesday, February 14th. Finally, Barclays boosted their price objective on shares of DuPont de Nemours from $70.00 to $81.00 and gave the company an “equal weight” rating in a research report on Thursday, May 2nd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $86.20.

View Our Latest Stock Analysis on DuPont de Nemours

DuPont de Nemours Trading Up 0.5 %

NYSE:DD opened at $78.94 on Thursday. The firm has a market capitalization of $33.00 billion, a P/E ratio of 96.26, a P/E/G ratio of 2.29 and a beta of 1.39. The company has a quick ratio of 1.61, a current ratio of 2.33 and a debt-to-equity ratio of 0.32. The company has a fifty day moving average of $76.17 and a 200 day moving average of $72.78. DuPont de Nemours has a 52 week low of $61.14 and a 52 week high of $80.46.

DuPont de Nemours (NYSE:DDGet Free Report) last posted its quarterly earnings results on Wednesday, May 1st. The basic materials company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.14. DuPont de Nemours had a return on equity of 6.07% and a net margin of 2.75%. The business had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.81 billion. During the same period last year, the company earned $0.84 EPS. DuPont de Nemours’s revenue for the quarter was down 2.9% compared to the same quarter last year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of DD. Vanguard Group Inc. lifted its holdings in shares of DuPont de Nemours by 7.1% during the 4th quarter. Vanguard Group Inc. now owns 48,045,648 shares of the basic materials company’s stock valued at $3,696,152,000 after buying an additional 3,168,740 shares during the period. Invesco Ltd. boosted its position in DuPont de Nemours by 6.7% in the third quarter. Invesco Ltd. now owns 10,119,827 shares of the basic materials company’s stock worth $754,838,000 after purchasing an additional 639,246 shares during the last quarter. Northern Trust Corp grew its stake in shares of DuPont de Nemours by 2.0% during the 3rd quarter. Northern Trust Corp now owns 5,245,939 shares of the basic materials company’s stock valued at $391,295,000 after purchasing an additional 104,141 shares during the period. Putnam Investments LLC increased its position in shares of DuPont de Nemours by 3.2% during the 4th quarter. Putnam Investments LLC now owns 5,196,730 shares of the basic materials company’s stock valued at $399,784,000 after purchasing an additional 159,438 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of DuPont de Nemours by 4.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,602,213 shares of the basic materials company’s stock worth $200,192,000 after purchasing an additional 101,203 shares during the period. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Insider Activity

In other DuPont de Nemours news, insider Leland Weaver sold 18,500 shares of the business’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $78.40, for a total value of $1,450,400.00. Following the sale, the insider now directly owns 24,476 shares of the company’s stock, valued at $1,918,918.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other DuPont de Nemours news, insider Leland Weaver sold 18,500 shares of DuPont de Nemours stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $78.40, for a total value of $1,450,400.00. Following the completion of the transaction, the insider now directly owns 24,476 shares of the company’s stock, valued at $1,918,918.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Michael G. Goss sold 1,339 shares of the stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $78.33, for a total transaction of $104,883.87. Following the sale, the insider now owns 14,012 shares in the company, valued at approximately $1,097,559.96. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 22,193 shares of company stock worth $1,726,655. Insiders own 0.56% of the company’s stock.

DuPont de Nemours Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Friday, May 31st will be paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date is Friday, May 31st. DuPont de Nemours’s dividend payout ratio is 185.37%.

About DuPont de Nemours

(Get Free Report)

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.

Featured Stories

Earnings History and Estimates for DuPont de Nemours (NYSE:DD)

Receive News & Ratings for DuPont de Nemours Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DuPont de Nemours and related companies with MarketBeat.com's FREE daily email newsletter.