Farmers Trust Co. lessened its stake in shares of E I Du Pont De Nemours And Co (NYSE:DD) by 0.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,394 shares of the basic materials company’s stock after selling 115 shares during the quarter. Farmers Trust Co.’s holdings in E I Du Pont De Nemours And were worth $1,565,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Geode Capital Management LLC boosted its stake in E I Du Pont De Nemours And by 7.4% during the first quarter. Geode Capital Management LLC now owns 7,973,353 shares of the basic materials company’s stock worth $639,533,000 after buying an additional 552,637 shares during the period. BlackRock Inc. boosted its stake in E I Du Pont De Nemours And by 2,719.5% during the first quarter. BlackRock Inc. now owns 54,686,195 shares of the basic materials company’s stock worth $4,392,942,000 after buying an additional 52,746,611 shares during the period. Fifth Third Bancorp boosted its stake in E I Du Pont De Nemours And by 1.2% during the first quarter. Fifth Third Bancorp now owns 644,268 shares of the basic materials company’s stock worth $51,754,000 after buying an additional 7,545 shares during the period. Private Advisor Group LLC boosted its stake in E I Du Pont De Nemours And by 3.6% during 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 period. Finally, Russell Investments Group Ltd. boosted its stake in E I Du Pont De Nemours And by 1.3% during 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. 71.21% of the stock is owned by institutional investors.

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Several research analysts have weighed in on DD shares. Zacks Investment Research lowered shares of E I Du Pont De Nemours And from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Morgan Stanley reaffirmed a “buy” rating and set a $77.00 target price on shares of E I Du Pont De Nemours And in a research note on Wednesday, September 6th. Jefferies Group LLC reaffirmed a “buy” rating and set a $96.00 target price on shares of E I Du Pont De Nemours And in a research note on Tuesday, August 29th. Finally, BidaskClub lowered 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. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. E I Du Pont De Nemours And currently has a consensus rating of “Buy” and an average target price of $80.89.

E I Du Pont De Nemours And Co (DD) remained flat at $83.93 on Friday. 34,861,021 shares of the company traded hands. The firm has a market cap of $72.83 billion, a PE ratio of 32.79 and a beta of 1.76. The firm has a 50-day moving average of $82.87 and a 200-day moving average of $80.79. E I Du Pont De Nemours And Co has a one year low of $66.02 and a one year high of $86.36.

E I Du Pont De Nemours And (NYSE:DD) last posted its earnings results on Tuesday, July 25th. The basic materials company reported $1.38 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.29 by $0.09. The firm had revenue of $7.42 billion during the quarter, compared to the consensus estimate of $7.28 billion. E I Du Pont De Nemours And had a net margin of 11.57% and a return on equity of 29.17%. The company’s revenue was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.24 EPS. Equities research analysts predict that E I Du Pont De Nemours And Co will post $3.85 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Monday, July 31st will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date of this dividend is Thursday, July 27th. E I Du Pont De Nemours And’s dividend payout ratio (DPR) is presently 59.38%.

In related news, SVP Benito Cachinero sold 10,621 shares of the stock in a transaction that occurred on Thursday, August 17th. The shares were sold at an average price of $81.67, for a total transaction of $867,417.07. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.31% of the stock is currently owned by corporate insiders.

E I Du Pont De Nemours And 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.

Institutional Ownership by Quarter for E I Du Pont De Nemours And (NYSE:DD)

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