Guyasuta Investment Advisors Inc. maintained its stake in shares of E.I. du Pont de Nemours and Company (NYSE:DD) during the first quarter, Holdings Channel reports. The firm owned 23,100 shares of the basic materials company’s stock at the end of the first quarter. Guyasuta Investment Advisors Inc.’s holdings in E.I. du Pont de Nemours and were worth $1,856,000 at the end of the most recent reporting period.
Several other large investors have also recently modified their holdings of the stock. Financial Architects Inc increased its stake in shares of 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 period. Acrospire Investment Management LLC purchased a new stake in shares of E.I. du Pont de Nemours and during the first quarter valued at approximately $104,000. Advantage Investment Management LLC purchased a new stake in shares of E.I. du Pont de Nemours and during the fourth quarter valued at approximately $123,000. Signature Estate & Investment Advisors LLC purchased a new stake in shares of E.I. du Pont de Nemours and during the first quarter valued at approximately $125,000. Finally, Benjamin F. Edwards & Company Inc. increased its stake in shares of E.I. du Pont de Nemours and by 6.8% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 1,680 shares of the basic materials company’s stock valued at $135,000 after buying an additional 107 shares during the period. Institutional investors and hedge funds own 71.08% of the company’s stock.
E.I. du Pont de Nemours and Company (NYSE:DD) opened at 84.83 on Friday. The firm has a market cap of $73.55 billion, a price-to-earnings ratio of 31.10 and a beta of 1.76. The stock’s 50 day moving average is $82.29 and its 200 day moving average is $79.24. E.I. du Pont de Nemours and Company has a 52 week low of $66.02 and a 52 week high of $85.48.
E.I. du Pont de Nemours and (NYSE:DD) last announced its quarterly earnings data on Tuesday, April 25th. The basic materials company reported $1.64 EPS for the quarter, topping the Zacks’ consensus estimate of $1.38 by $0.26. The business had revenue of $7.74 billion for the quarter, compared to analyst estimates of $7.50 billion. E.I. du Pont de Nemours and had a net margin of 9.63% and a return on equity of 31.66%. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.26 earnings per share. Equities research analysts expect that E.I. du Pont de Nemours and Company will post $3.85 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Monday, July 31st will be given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.79%. The ex-dividend date of this dividend is Thursday, July 27th. E.I. du Pont de Nemours and’s dividend payout ratio is presently 55.68%.
Several equities research analysts recently commented on the stock. BidaskClub upgraded shares of E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating in a research report on Thursday, July 13th. Deutsche Bank AG reiterated a “buy” rating and issued a $95.00 price objective (up previously from $90.00) on shares of E.I. du Pont de Nemours and in a research note on Saturday, April 29th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $86.00 price objective (up previously from $78.00) on shares of E.I. du Pont de Nemours and in a research note on Wednesday, April 26th. Finally, Zacks Investment Research upgraded shares of E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating and set a $91.00 price objective on the stock in a research note on Tuesday, June 27th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $79.10.
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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