John G Ullman & Associates Inc. Buys New Holdings in DowDuPont Inc (DWDP)

John G Ullman & Associates Inc. bought a new position in DowDuPont Inc (NYSE:DWDP) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,278 shares of the company’s stock, valued at approximately $211,000.

A number of other institutional investors have also recently modified their holdings of DWDP. Ruffer LLP raised its holdings in shares of DowDuPont by 22,779.8% during the second quarter. Ruffer LLP now owns 3,412,744 shares of the company’s stock valued at $225,087,000 after purchasing an additional 3,397,828 shares during the last quarter. Bank of Montreal Can raised its holdings in shares of DowDuPont by 41.8% during the second quarter. Bank of Montreal Can now owns 3,903,088 shares of the company’s stock valued at $257,292,000 after purchasing an additional 1,149,757 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of DowDuPont by 65.6% during the second quarter. American Century Companies Inc. now owns 2,228,118 shares of the company’s stock valued at $146,878,000 after purchasing an additional 882,544 shares during the last quarter. CIBC Private Wealth Group LLC raised its holdings in shares of DowDuPont by 51.9% during the second quarter. CIBC Private Wealth Group LLC now owns 2,240,329 shares of the company’s stock valued at $147,683,000 after purchasing an additional 765,757 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board raised its holdings in shares of DowDuPont by 201.6% during the second quarter. Ontario Teachers Pension Plan Board now owns 902,513 shares of the company’s stock valued at $59,494,000 after purchasing an additional 603,259 shares during the last quarter. 69.45% of the stock is owned by institutional investors and hedge funds.

Several research analysts have recently weighed in on the stock. ValuEngine raised shares of DowDuPont from a “sell” rating to a “hold” rating in a report on Tuesday, August 28th. Citigroup cut their target price on shares of DowDuPont from $81.00 to $79.00 and set a “buy” rating for the company in a research report on Friday, September 21st. Nomura lowered shares of DowDuPont from a “buy” rating to a “neutral” rating and cut their target price for the company from $81.00 to $76.00 in a research report on Wednesday, September 26th. Barclays cut their target price on shares of DowDuPont from $77.00 to $75.00 and set an “equal weight” rating for the company in a research report on Monday, August 6th. Finally, MED restated a “buy” rating and set a $90.00 target price on shares of DowDuPont in a research report 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 company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $78.00.

In other DowDuPont news, General Counsel Charles J. Kalil sold 100,645 shares of the company’s stock in a transaction that occurred on Monday, August 27th. The shares were sold at an average price of $70.75, for a total value of $7,120,633.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.42% of the company’s stock.

Shares of NYSE DWDP opened at $59.83 on Thursday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.64 and a quick ratio of 1.05. The company has a market cap of $135.13 billion, a P/E ratio of 17.60, a price-to-earnings-growth ratio of 1.40 and a beta of 1.48. DowDuPont Inc has a 12-month low of $51.32 and a 12-month high of $77.08.

DowDuPont (NYSE:DWDP) last announced its earnings results on Thursday, November 1st. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.03. The company had revenue of $20.12 billion during the quarter, compared to analyst estimates of $20.24 billion. DowDuPont had a net margin of 2.45% and a return on equity of 9.38%. The firm’s quarterly revenue was up 31.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.55 earnings per share. Equities research analysts anticipate that DowDuPont Inc will post 4.15 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 14th. Shareholders of record on Friday, November 30th will be given a $0.38 dividend. The ex-dividend date of this dividend is Thursday, November 29th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.54%. DowDuPont’s payout ratio is currently 44.71%.

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DowDuPont Profile

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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Institutional Ownership by Quarter for DowDuPont (NYSE:DWDP)

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