Doyle Wealth Management boosted its stake in shares of E.I. du Pont de Nemours and Company (NYSE:DD) by 3.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,924 shares of the basic materials company’s stock after buying an additional 142 shares during the period. Doyle Wealth Management’s holdings in E.I. du Pont de Nemours and were worth $317,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Financial Architects Inc increased its stake in E.I. du Pont de Nemours and by 18.2% in the first quarter. Financial Architects Inc now owns 1,292 shares of the basic materials company’s stock valued at $103,000 after buying an additional 199 shares during the last quarter. Acrospire Investment Management LLC purchased a new stake in E.I. du Pont de Nemours and during the first quarter valued at $104,000. Reilly Financial Advisors LLC increased its stake in E.I. du Pont de Nemours and by 61.1% in the second quarter. Reilly Financial Advisors LLC now owns 1,319 shares of the basic materials company’s stock valued at $106,000 after buying an additional 500 shares during the last quarter. Invictus RG purchased a new stake in E.I. du Pont de Nemours and during the first quarter valued at $116,000. Finally, Signature Estate & Investment Advisors LLC purchased a new stake in E.I. du Pont de Nemours and during the first quarter valued at $125,000. Hedge funds and other institutional investors own 71.23% of the company’s stock.

Shares of E.I. du Pont de Nemours and Company (DD) traded down 0.1558% during midday trading on Monday, hitting $81.8822. The stock had a trading volume of 731,735 shares. The firm has a 50 day moving average price of $82.93 and a 200 day moving average price of $79.88. E.I. du Pont de Nemours and Company has a one year low of $66.02 and a one year high of $86.36. The stock has a market cap of $71.06 billion, a PE ratio of 31.9852 and a beta of 1.76.

E.I. du Pont de Nemours and (NYSE:DD) last released its quarterly earnings results on Tuesday, July 25th. The basic materials company reported $1.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.09. The firm had revenue of $7.42 billion for the quarter, compared to the consensus estimate of $7.28 billion. E.I. du Pont de Nemours and had a return on equity of 31.23% and a net margin of 8.86%. The firm’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.24 EPS. On average, equities analysts forecast that E.I. du Pont de Nemours and Company will post $3.91 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Monday, July 31st will be paid a dividend of $0.38 per share. The ex-dividend date is Thursday, July 27th. This represents a $1.52 dividend on an annualized basis and a yield of 1.85%. E.I. du Pont de Nemours and’s dividend payout ratio is presently 59.38%.

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Several equities analysts have issued reports on the company. BidaskClub upgraded E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating in a research note on Thursday, July 13th. Zacks Investment Research upgraded E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating and set a $91.00 target price on the stock in a research note on Tuesday, June 27th. Deutsche Bank AG reiterated a “buy” rating and issued a $95.00 target price (up previously from $90.00) on shares of E.I. du Pont de Nemours and in a research note on Saturday, April 29th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $86.00 target price (up previously from $78.00) on shares of E.I. du Pont de Nemours and in a research note on Wednesday, April 26th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the stock. E.I. du Pont de Nemours and has a consensus rating of “Hold” and a consensus target price of $81.15.

About E.I. du Pont de Nemours and

E. I. du Pont de Nemours and Company is a science and technology-based company. It operates through six segments: Agriculture, Electronics & Communications (E&C), Industrial Biosciences, Nutrition & Health, Performance Materials and Protection Solutions. Its Agriculture segment includes products, such as corn hybrids and soybean varieties, herbicides, fungicides and insecticides.

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Institutional Ownership by Quarter for E.I. du Pont de Nemours and (NYSE:DD)

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