Aull & Monroe Investment Management Corp Takes $2.28 Million Position in DowDuPont Inc (DWDP)
Aull & Monroe Investment Management Corp purchased a new stake in shares of DowDuPont Inc (NASDAQ:DWDP) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 32,898 shares of the company’s stock, valued at approximately $2,278,000.
Other institutional investors also recently made changes to their positions in the company. First Quadrant L P CA acquired a new stake in shares of DowDuPont in the third quarter worth $159,000. Osborne Partners Capital Management LLC acquired a new stake in shares of DowDuPont in the third quarter worth $205,000. Summit X LLC acquired a new stake in shares of DowDuPont in the third quarter worth $208,000. Clearwater Capital Partners LLC acquired a new stake in shares of DowDuPont in the third quarter worth $219,000. Finally, First Hawaiian Bank acquired a new stake in shares of DowDuPont in the third quarter worth $236,000.
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DowDuPont Inc (NASDAQ DWDP) opened at $71.16 on Friday. DowDuPont Inc has a twelve month low of $64.01 and a twelve month high of $73.85.
DowDuPont (NASDAQ:DWDP) last issued its quarterly earnings data on Thursday, November 2nd. The company reported $0.55 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.55. The company had revenue of $18.29 billion for the quarter, compared to the consensus estimate of $18.24 billion. The firm’s revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.91 earnings per share.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Wednesday, November 15th will be issued a dividend of $0.38 per share. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.14%.
DWDP has been the topic of several research analyst reports. Macquarie initiated coverage on shares of DowDuPont in a research note on Tuesday, September 5th. They issued an “outperform” rating and a $76.00 price objective on the stock. Bank of America Corporation initiated coverage on shares of DowDuPont in a research note on Monday, September 11th. They issued a “buy” rating and a $78.00 price objective on the stock. Jefferies Group LLC reaffirmed a “buy” rating and issued a $80.00 target price on shares of DowDuPont in a research report on Sunday, October 8th. Credit Suisse Group raised their target price on DowDuPont from $79.00 to $82.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, Susquehanna Bancshares Inc initiated coverage on DowDuPont in a research report on Tuesday, September 5th. They issued a “positive” rating and a $80.00 target price for the company. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seventeen have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $80.12.
DowDuPont Company Profile
DowDuPont Inc is a holding company formed through the merger of equals between The Dow Chemical Company and E. I. du Pont de Nemours and Company (DuPont). The Company’s business divisions include Agriculture division, Material Science division, and a Specialty Products division. The Agriculture Division offers a complete portfolio of products and technologies, and a pipeline of germplasm, traits and crop protection.
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