E.I. du Pont de Nemours and Company (NYSE:DD) was upgraded by stock analysts at BidaskClub from a “hold” rating to a “buy” rating in a note issued to investors on Thursday.

DD has been the subject of several other research reports. Zacks Investment Research upgraded E.I. du Pont de Nemours and Company from a “hold” rating to a “buy” rating and set a $87.00 price objective for the company in a report on Wednesday, April 19th. 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 Company in a report on Saturday, April 29th. Finally, 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 Company in a report on Wednesday, April 26th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $79.10.

E.I. du Pont de Nemours and Company (DD) traded up 1.13% during trading on Thursday, hitting $84.75. The company had a trading volume of 1,439,196 shares. The stock has a market capitalization of $73.48 billion, a price-to-earnings ratio of 28.44 and a beta of 1.76. E.I. du Pont de Nemours and Company has a 1-year low of $66.02 and a 1-year high of $84.97. The company’s 50 day moving average price is $80.24 and its 200-day moving average price is $78.37.

E.I. du Pont de Nemours and Company (NYSE:DD) last posted its quarterly earnings results on Tuesday, April 25th. The basic materials company reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.26. E.I. du Pont de Nemours and Company had a return on equity of 31.66% and a net margin of 9.63%. The business had revenue of $7.74 billion for the quarter, compared to analyst estimates of $7.50 billion. During the same period last year, the company earned $1.26 EPS. E.I. du Pont de Nemours and Company’s revenue for the quarter was up 4.6% compared to the same quarter last year. On average, analysts expect that E.I. du Pont de Nemours and Company will post $3.84 EPS for the current year.

The business also recently disclosed 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 1.79%. E.I. du Pont de Nemours and Company’s dividend payout ratio (DPR) is presently 55.68%.

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A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Financial Architects Inc raised its position in E.I. du Pont de Nemours and Company by 18.2% in the first quarter. Financial Architects Inc now owns 1,292 shares of the basic materials company’s stock worth $103,000 after buying an additional 199 shares during the period. Acrospire Investment Management LLC acquired a new stake in E.I. du Pont de Nemours and Company during the first quarter worth approximately $104,000. Invictus RG acquired a new stake in E.I. du Pont de Nemours and Company during the first quarter worth approximately $116,000. Advantage Investment Management LLC acquired a new stake in E.I. du Pont de Nemours and Company during the fourth quarter worth approximately $123,000. Finally, Signature Estate & Investment Advisors LLC acquired a new stake in E.I. du Pont de Nemours and Company during the first quarter worth approximately $125,000. 71.08% of the stock is owned by institutional investors.

E.I. du Pont de Nemours and Company 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.

Analyst Recommendations for E.I. du Pont de Nemours and Company (NYSE:DD)

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