Security National Trust Co. decreased its position in shares of DowDuPont Inc (NYSE:DWDP) by 4.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,268 shares of the company’s stock after selling 1,738 shares during the quarter. Security National Trust Co.’s holdings in DowDuPont were worth $2,590,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also recently made changes to their positions in the company. Fisher Asset Management LLC boosted its stake in shares of DowDuPont by 41.9% in the second quarter. Fisher Asset Management LLC now owns 15,748 shares of the company’s stock valued at $1,038,000 after buying an additional 4,647 shares during the period. Xact Kapitalforvaltning AB boosted its stake in shares of DowDuPont by 5.0% in the second quarter. Xact Kapitalforvaltning AB now owns 250,771 shares of the company’s stock valued at $16,531,000 after buying an additional 12,019 shares during the period. Confluence Investment Management LLC lifted its stake in DowDuPont by 0.3% during the second quarter. Confluence Investment Management LLC now owns 2,202,498 shares of the company’s stock worth $145,189,000 after purchasing an additional 7,456 shares during the last quarter. NN Investment Partners Holdings N.V. lifted its stake in DowDuPont by 1.6% during the second quarter. NN Investment Partners Holdings N.V. now owns 152,345 shares of the company’s stock worth $10,042,000 after purchasing an additional 2,395 shares during the last quarter. Finally, Cohen Klingenstein LLC bought a new stake in DowDuPont during the second quarter worth $2,843,000. 69.45% of the stock is currently owned by hedge funds and other institutional investors.
Several equities research analysts have weighed in on the company. ValuEngine upgraded DowDuPont from a “sell” rating to a “hold” rating in a research note on Tuesday, August 28th. Citigroup cut their target price on DowDuPont from $81.00 to $79.00 and set a “buy” rating for the company in a research note on Friday, September 21st. TheStreet cut DowDuPont from a “b-” rating to a “c+” rating in a research note on Thursday, November 1st. Zacks Investment Research cut DowDuPont from a “hold” rating to a “sell” rating in a research note on Wednesday. Finally, MED restated a “buy” rating and set a $90.00 target price on shares of DowDuPont in a research note on Thursday, August 2nd. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and fourteen have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $78.17.
Shares of NYSE:DWDP opened at $58.68 on Friday. The firm has a market cap of $139.35 billion, a PE ratio of 14.74, a P/E/G ratio of 1.44 and a beta of 1.48. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.64 and a quick ratio of 1.05. DowDuPont Inc has a 52-week low of $51.32 and a 52-week high of $77.08.
DowDuPont (NYSE:DWDP) last announced its quarterly earnings results on Thursday, November 1st. The company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.03. The company had revenue of $20.12 billion during the quarter, compared to the consensus estimate of $20.24 billion. DowDuPont had a net margin of 2.45% and a return on equity of 9.38%. The company’s revenue for the quarter was up 31.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.55 earnings per share. On average, sell-side analysts anticipate that DowDuPont Inc will post 4.15 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 14th. Stockholders of record on Friday, November 30th will be issued a dividend of $0.38 per share. The ex-dividend date is Thursday, November 29th. This represents a $1.52 annualized dividend and a dividend yield of 2.59%. DowDuPont’s dividend payout ratio (DPR) is presently 44.71%.
In other news, General Counsel Charles J. Kalil sold 100,645 shares of the company’s stock in a transaction on Monday, August 27th. The shares were 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 Securities & Exchange Commission, which can be accessed through the SEC website. 0.42% of the stock is currently owned by corporate insiders.
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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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