DuPont Co. (DD) Position Held by AMG National Trust Bank
AMG National Trust Bank held its stake in DuPont Co. (NYSE:DD) during the third quarter, Holdings Channel reports. The fund owned 27,490 shares of the company’s stock at the end of the third quarter. AMG National Trust Bank’s holdings in DuPont were worth $1,841,000 as of its most recent filing with the SEC.
Several other hedge funds have also bought and sold shares of DD. Endurance Wealth Management Inc. boosted its position in DuPont by 3,600.0% in the third quarter. Endurance Wealth Management Inc. now owns 1,480 shares of the company’s stock worth $102,000 after buying an additional 1,440 shares in the last quarter. Timber Creek Capital Management LLC boosted its position in DuPont by 200.0% in the third quarter. Timber Creek Capital Management LLC now owns 1,650 shares of the company’s stock worth $110,000 after buying an additional 1,100 shares in the last quarter. Enterprise Financial Services Corp boosted its position in DuPont by 4.6% in the third quarter. Enterprise Financial Services Corp now owns 1,731 shares of the company’s stock worth $116,000 after buying an additional 76 shares in the last quarter. Pinkerton Retirement Specialists LLC boosted its position in DuPont by 5,435.3% in the second quarter. Pinkerton Retirement Specialists LLC now owns 1,882 shares of the company’s stock worth $122,000 after buying an additional 1,848 shares in the last quarter. Finally, Integrated Investment Consultants LLC boosted its position in DuPont by 10.3% in the second quarter. Integrated Investment Consultants LLC now owns 2,050 shares of the company’s stock worth $133,000 after buying an additional 191 shares in the last quarter. Hedge funds and other institutional investors own 69.57% of the company’s stock.
DuPont Co. (NYSE:DD) traded up 0.44% during mid-day trading on Tuesday, hitting $71.20. 2,473,001 shares of the stock were exchanged. The company has a 50 day moving average price of $69.39 and a 200 day moving average price of $67.98. The firm has a market cap of $61.90 billion, a price-to-earnings ratio of 31.50 and a beta of 1.71. DuPont Co. has a 52-week low of $50.71 and a 52-week high of $75.72.
DuPont (NYSE:DD) last posted its quarterly earnings data on Tuesday, October 25th. The company reported $0.34 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.13. DuPont had a net margin of 8.08% and a return on equity of 27.16%. The business earned $4.90 billion during the quarter, compared to analyst estimates of $4.86 billion. During the same quarter last year, the firm posted $0.13 earnings per share. The business’s revenue for the quarter was up .9% compared to the same quarter last year. On average, analysts anticipate that DuPont Co. will post $3.26 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 14th. Investors of record on Tuesday, November 15th will be paid a $0.38 dividend. The ex-dividend date is Thursday, November 10th. This represents a $1.52 dividend on an annualized basis and a yield of 2.13%. DuPont’s dividend payout ratio is currently 67.26%.
Several research firms have issued reports on DD. Zacks Investment Research raised shares of DuPont from a “hold” rating to a “buy” rating and set a $79.00 price objective for the company in a research report on Wednesday, November 23rd. Nomura began coverage on shares of DuPont in a research report on Tuesday, October 18th. They issued a “buy” rating and a $78.00 price objective for the company. Deutsche Bank AG boosted their price objective on shares of DuPont from $55.00 to $56.00 and gave the company a “sell” rating in a research report on Friday, August 12th. Finally, Citigroup Inc. raised shares of DuPont from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $72.00 to $76.00 in a research report on Monday, October 3rd. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $71.33.
E. I. du Pont de Nemours and Company (DuPont) is a science and technology-based company. The Company consists of over 10 businesses aggregated into six segments: Agriculture, Electronics & Communications, Industrial Biosciences, Nutrition & Health, Performance Materials and Safety & Protection. Its products include corn hybrids and soybean varieties, herbicides, fungicides and insecticides in Agriculture segment; photopolymers and electronic materials in Electronics & Communications segment; enzymes and bio-based materials in Industrial Biosciences segment; cultures, emulsifiers, texturants, natural sweeteners and soy-based food ingredients in Nutrition & Health segment; engineering polymers, packaging and industrial polymers, films and elastomers in Performance Materials segment, and nonwovens, aramids and solid surfaces in Safety & Protection segment.
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