Meiji Yasuda Asset Management Co Ltd. boosted its position in shares of E I Du Pont De Nemours And Co (NYSE:DD) by 23.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,705 shares of the basic materials company’s stock after buying an additional 4,240 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in E I Du Pont De Nemours And were worth $1,833,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in E I Du Pont De Nemours And by 2.9% during the first quarter. Vanguard Group Inc. now owns 60,580,688 shares of the basic materials company’s stock valued at $4,866,447,000 after buying an additional 1,685,604 shares in the last quarter. 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 valued at $4,392,942,000 after buying an additional 52,746,611 shares in the last quarter. FMR LLC boosted its stake in E I Du Pont De Nemours And by 5.9% during the first quarter. FMR LLC now owns 32,371,752 shares of the basic materials company’s stock valued at $2,600,423,000 after buying an additional 1,813,187 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in E I Du Pont De Nemours And by 36.6% during the first quarter. JPMorgan Chase & Co. now owns 18,028,546 shares of the basic materials company’s stock valued at $1,448,235,000 after buying an additional 4,825,726 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC boosted its stake in E I Du Pont De Nemours And by 15.9% during the first 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 buying an additional 1,281,358 shares in the last quarter. 71.21% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts recently weighed in on the company. Zacks Investment Research lowered E I Du Pont De Nemours And from a “buy” rating to a “hold” rating in a research report on Wednesday, August 30th. Morgan Stanley reiterated a “buy” rating and issued a $77.00 price target on shares of E I Du Pont De Nemours And in a research report on Wednesday, September 6th. Jefferies Group LLC reiterated a “buy” rating and issued a $96.00 price target on shares of E I Du Pont De Nemours And in a research report on Tuesday, August 29th. Finally, BidaskClub lowered E I Du Pont De Nemours And from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. E I Du Pont De Nemours And has an average rating of “Hold” and an average target price of $81.86.

In other E I Du Pont De Nemours And news, SVP Benito Cachinero sold 10,621 shares of the business’s stock in a transaction dated Thursday, August 17th. The stock was sold at an average price of $81.67, for a total value of $867,417.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.31% of the stock is currently owned by insiders.

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E I Du Pont De Nemours And Co (DD) opened at 83.93 on Thursday. The company has a 50 day moving average price of $82.87 and a 200-day moving average price of $80.79. The firm has a market cap of $72.83 billion, a price-to-earnings ratio of 32.79 and a beta of 1.76. E I Du Pont De Nemours And Co 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 announced its quarterly earnings data on Tuesday, July 25th. The basic materials company reported $1.38 EPS for the quarter, topping analysts’ consensus estimates of $1.29 by $0.09. E I Du Pont De Nemours And had a return on equity of 29.17% and a net margin of 11.57%. The business had revenue of $7.42 billion during the quarter, compared to analysts’ expectations of $7.28 billion. During the same period in the previous year, the firm earned $1.24 earnings per share. The firm’s quarterly revenue was up 5.1% compared to the same quarter last year. Equities research analysts anticipate that E I Du Pont De Nemours And Co will post $3.85 EPS for the current year.

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.

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

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