First Mercantile Trust Co. continued to hold its position in shares of E I Du Pont De Nemours And Co (NYSE:DD) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,300 shares of the basic materials company’s stock at the close of the 2nd quarter. First Mercantile Trust Co.’s holdings in E I Du Pont De Nemours And were worth $589,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in E I Du Pont De Nemours And by 2.9% in the 1st quarter. Vanguard Group Inc. now owns 60,580,688 shares of the basic materials company’s stock valued at $4,866,447,000 after purchasing an additional 1,685,604 shares during the last quarter. BlackRock Inc. lifted its stake in E I Du Pont De Nemours And by 2,719.5% in the 1st quarter. BlackRock Inc. now owns 54,686,195 shares of the basic materials company’s stock valued at $4,392,942,000 after purchasing an additional 52,746,611 shares during the last quarter. FMR LLC lifted its stake in E I Du Pont De Nemours And by 5.9% in the 1st quarter. FMR LLC now owns 32,371,752 shares of the basic materials company’s stock valued at $2,600,423,000 after purchasing an additional 1,813,187 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in E I Du Pont De Nemours And by 36.6% in the 1st quarter. JPMorgan Chase & Co. now owns 18,028,546 shares of the basic materials company’s stock valued at $1,448,235,000 after purchasing an additional 4,825,726 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC lifted its stake in E I Du Pont De Nemours And by 15.9% in the 1st quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 9,343,994 shares of the basic materials company’s stock valued at $750,603,000 after purchasing an additional 1,281,358 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

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In other news, SVP Benito Cachinero sold 10,621 shares of the business’s stock in a transaction that occurred on Thursday, August 17th. The shares were sold at an average price of $81.67, for a total value of $867,417.07. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.31% of the company’s stock.

Several equities analysts recently commented on DD shares. Zacks Investment Research downgraded shares of E I Du Pont De Nemours And from a “buy” rating to a “hold” rating in a research note on Wednesday, August 30th. Morgan Stanley reissued a “buy” rating and issued a $77.00 price objective on shares of E I Du Pont De Nemours And in a research note on Wednesday, September 6th. Jefferies Group LLC reissued a “buy” rating and issued a $96.00 price objective on shares of E I Du Pont De Nemours And in a research note on Tuesday, August 29th. Finally, BidaskClub downgraded 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 equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $81.34.

E I Du Pont De Nemours And Co (NYSE:DD) opened at 83.93 on Friday. E I Du Pont De Nemours And Co has a 1-year low of $66.02 and a 1-year high of $86.36. The company has a market cap of $72.83 billion, a P/E ratio of 32.79 and a beta of 1.76. The stock’s 50 day moving average is $82.87 and its 200 day moving average is $80.79.

E I Du Pont De Nemours And (NYSE:DD) last announced its quarterly earnings data on Tuesday, July 25th. The basic materials company reported $1.38 earnings per share 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 analyst estimates 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 business’s quarterly revenue was up 5.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.24 EPS. Equities analysts anticipate that E I Du Pont De Nemours And Co will post $3.85 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Monday, July 31st were issued a $0.38 dividend. The ex-dividend date of this dividend was Thursday, July 27th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.81%. E I Du Pont De Nemours And’s payout ratio is 59.38%.

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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