Gulf International Bank UK Ltd raised its holdings in DowDuPont Inc (NYSE:DWDP) by 6.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 793,231 shares of the company’s stock after buying an additional 44,720 shares during the period. Gulf International Bank UK Ltd’s holdings in DowDuPont were worth $51,012,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. Cascade Investment Advisors Inc. raised its stake in DowDuPont by 85.1% in the second quarter. Cascade Investment Advisors Inc. now owns 1,794 shares of the company’s stock valued at $118,000 after buying an additional 825 shares during the period. Arlington Partners LLC raised its stake in DowDuPont by 334.8% in the third quarter. Arlington Partners LLC now owns 1,948 shares of the company’s stock valued at $125,000 after buying an additional 1,500 shares during the period. SG3 Management LLC bought a new stake in DowDuPont in the second quarter valued at approximately $132,000. D. Scott Neal Inc. bought a new position in shares of DowDuPont during the second quarter worth approximately $152,000. Finally, JNBA Financial Advisors increased its stake in shares of DowDuPont by 291.0% during the third quarter. JNBA Financial Advisors now owns 2,420 shares of the company’s stock worth $156,000 after purchasing an additional 1,801 shares during the period. Hedge funds and other institutional investors own 69.45% of the company’s stock.
A number of equities analysts have recently weighed in on the company. ValuEngine lowered DowDuPont from a “hold” rating to a “sell” rating in a research note on Friday, August 3rd. TheStreet lowered DowDuPont from a “b-” rating to a “c+” rating in a research note on Thursday, November 1st. Zacks Investment Research lowered DowDuPont from a “hold” rating to a “sell” rating in a research note on Wednesday. BMO Capital Markets set a $79.00 target price on DowDuPont and gave the stock a “buy” rating in a research note on Thursday. Finally, UBS Group increased their target price on DowDuPont from $86.00 to $88.00 and gave the stock a “buy” rating in a research note on Thursday, August 2nd. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and fourteen have given a buy rating to the stock. DowDuPont has an average rating of “Buy” and an average target price of $78.17.
In related news, General Counsel Charles J. Kalil sold 100,645 shares of the stock in a transaction that occurred on Monday, August 27th. The stock was sold at an average price of $70.75, for a total transaction of $7,120,633.75. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.42% of the company’s stock.
Shares of NYSE:DWDP opened at $58.68 on Friday. The company has a market cap of $139.35 billion, a P/E ratio of 14.74, a P/E/G ratio of 1.44 and a beta of 1.48. DowDuPont Inc has a 1 year low of $51.32 and a 1 year high of $77.08. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.05 and a current ratio of 1.64.
DowDuPont (NYSE:DWDP) last issued its quarterly earnings results on Thursday, November 1st. The company reported $0.74 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.71 by $0.03. The business had revenue of $20.12 billion for the quarter, compared to the consensus estimate of $20.24 billion. DowDuPont had a return on equity of 9.38% and a net margin of 2.45%. The firm’s quarterly revenue was up 31.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.55 earnings per share. On average, analysts anticipate that DowDuPont Inc will post 4.15 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 14th. Investors of record on Friday, November 30th will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 2.59%. The ex-dividend date is Thursday, November 29th. DowDuPont’s dividend payout ratio is currently 44.71%.
DowDuPont Inc, through its subsidiaries, engages in agriculture, materials science, and specialty products businesses worldwide. The company's Agriculture segment develops and sells hybrid corn seed and soybean seed varieties; canola, cotton, sunflower, sorghum, wheat, and rice seeds; silage inoculants; and weed control, disease control, and insect control products.
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