Shares of DowDuPont Inc (NYSE:DWDP) have earned an average recommendation of “Buy” from the twenty-eight analysts that are currently covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and twenty-three have given a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $81.19.
A number of research analysts have recently issued reports on DWDP shares. Credit Suisse Group reduced their price target on shares of DowDuPont from $82.00 to $78.00 and set an “outperform” rating on the stock in a research report on Friday, May 4th. Citigroup reduced their price target on shares of DowDuPont from $83.00 to $82.00 and set a “buy” rating on the stock in a research report on Tuesday, April 10th. BMO Capital Markets started coverage on shares of DowDuPont in a research report on Tuesday, March 27th. They issued an “outperform” rating and a $82.00 price target on the stock. Morgan Stanley set a $80.00 price target on shares of DowDuPont and gave the stock a “buy” rating in a research report on Wednesday, March 21st. Finally, Deutsche Bank reduced their price target on shares of DowDuPont from $84.00 to $76.00 and set a “buy” rating on the stock in a research report on Friday, May 4th.
NYSE DWDP traded up $0.47 during trading hours on Monday, reaching $65.62. 31,970 shares of the company traded hands, compared to its average volume of 8,629,029. DowDuPont has a 12 month low of $61.27 and a 12 month high of $77.08. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.87 and a quick ratio of 1.21. The company has a market capitalization of $151.74 billion, a price-to-earnings ratio of 19.37, a price-to-earnings-growth ratio of 1.63 and a beta of 1.28.
DowDuPont (NYSE:DWDP) last posted its quarterly earnings data on Thursday, May 3rd. The company reported $1.12 EPS for the quarter, beating the Zacks’ consensus estimate of $1.08 by $0.04. DowDuPont had a net margin of 2.37% and a return on equity of 8.01%. The firm had revenue of $21.51 billion for the quarter, compared to the consensus estimate of $21.31 billion. The firm’s revenue for the quarter was up 62.6% compared to the same quarter last year. analysts anticipate that DowDuPont will post 4.21 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 14th. Investors of record on Friday, August 31st will be issued a $0.38 dividend. The ex-dividend date is Thursday, August 30th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.32%. DowDuPont’s dividend payout ratio (DPR) is presently 44.71%.
In related news, insider Andrew N. Liveris sold 268,406 shares of the stock in a transaction dated Thursday, June 7th. The shares were sold at an average price of $68.94, for a total value of $18,503,909.64. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, General Counsel Charles J. Kalil sold 129,848 shares of the stock in a transaction dated Tuesday, May 22nd. The stock was sold at an average price of $68.42, for a total transaction of $8,884,200.16. The disclosure for this sale can be found here. In the last ninety days, insiders sold 518,095 shares of company stock worth $35,702,234. Corporate insiders own 0.42% of the company’s stock.
Several hedge funds have recently added to or reduced their stakes in DWDP. Signaturefd LLC increased its stake in DowDuPont by 21.2% during the 4th quarter. Signaturefd LLC now owns 10,861 shares of the company’s stock valued at $774,000 after buying an additional 1,897 shares during the period. HBK Sorce Advisory LLC increased its stake in DowDuPont by 22.8% during the 4th quarter. HBK Sorce Advisory LLC now owns 33,852 shares of the company’s stock valued at $2,411,000 after buying an additional 6,286 shares during the period. Clearbridge Investments LLC increased its stake in DowDuPont by 6.4% during the 4th quarter. Clearbridge Investments LLC now owns 8,223,515 shares of the company’s stock valued at $585,679,000 after buying an additional 494,412 shares during the period. Elmwood Wealth Management Inc. acquired a new position in DowDuPont during the 1st quarter valued at about $102,000. Finally, Avestar Capital LLC acquired a new position in DowDuPont during the 4th quarter valued at about $138,000. 69.32% of the stock is currently owned by institutional investors and hedge funds.
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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