Guardian Investment Management increased its position in shares of E.I. du Pont de Nemours and Company (NYSE:DD) by 1.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 18,450 shares of the basic materials company’s stock after buying an additional 200 shares during the period. E.I. du Pont de Nemours and accounts for about 1.6% of Guardian Investment Management’s portfolio, making the stock its 24th largest position. Guardian Investment Management’s holdings in E.I. du Pont de Nemours and were worth $1,489,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of DD. Private Advisor Group LLC increased its stake in E.I. du Pont de Nemours and by 3.6% in the first quarter. Private Advisor Group LLC now owns 76,601 shares of the basic materials company’s stock worth $6,164,000 after buying an additional 2,667 shares during the last quarter. Russell Investments Group Ltd. boosted its position in shares of E.I. du Pont de Nemours and by 1.3% in the first quarter. Russell Investments Group Ltd. now owns 1,509,239 shares of the basic materials company’s stock worth $121,220,000 after buying an additional 18,971 shares during the period. Beese Fulmer Investment Management Inc. boosted its position in shares of E.I. du Pont de Nemours and by 4.4% in the first quarter. Beese Fulmer Investment Management Inc. now owns 35,413 shares of the basic materials company’s stock worth $2,845,000 after buying an additional 1,498 shares during the period. First Foundation Advisors acquired a new position in shares of E.I. du Pont de Nemours and during the first quarter worth $785,000. Finally, Janney Montgomery Scott LLC boosted its position in shares of E.I. du Pont de Nemours and by 8.5% in the first quarter. Janney Montgomery Scott LLC now owns 270,865 shares of the basic materials company’s stock worth $21,759,000 after buying an additional 21,207 shares during the period. Institutional investors own 71.23% of the company’s stock.

E.I. du Pont de Nemours and Company (NYSE DD) traded down 1.38% during mid-day trading on Thursday, reaching $80.21. 1,036,194 shares of the company’s stock traded hands. The company has a market capitalization of $69.61 billion, a price-to-earnings ratio of 31.33 and a beta of 1.76. The company has a 50-day moving average of $82.70 and a 200-day moving average of $80.15. E.I. du Pont de Nemours and Company has a 52-week low of $66.02 and a 52-week high of $86.36.

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, beating the Zacks’ consensus estimate of $1.29 by $0.09. E.I. du Pont de Nemours and had a net margin of 8.86% and a return on equity of 31.23%. The business had revenue of $7.42 billion for the quarter, compared to analyst estimates of $7.28 billion. During the same quarter in the previous year, the business earned $1.24 earnings per share. The firm’s revenue was up 5.1% compared to the same quarter last year. Equities research analysts expect that E.I. du Pont de Nemours and Company will post $3.91 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Monday, July 31st will be issued a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, July 27th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.87%. E.I. du Pont de Nemours and’s dividend payout ratio is currently 59.38%.

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A number of research analysts have recently weighed in on the stock. BidaskClub cut shares of E.I. du Pont de Nemours and from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Zacks Investment Research raised shares of E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating and set a $91.00 price objective for the company in a research note on Tuesday, June 27th. Royal Bank Of Canada reissued a “sector perform” rating and set a $86.00 price objective (up from $78.00) on shares of E.I. du Pont de Nemours and in a research note on Wednesday, April 26th. Finally, Deutsche Bank AG reissued a “buy” rating and set a $95.00 price objective (up from $90.00) on shares of E.I. du Pont de Nemours and in a research note on Saturday, April 29th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $81.15.

E.I. du Pont de Nemours and Company Profile

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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