Bank of America restated their neutral rating on shares of DowDuPont (NYSE:DWDP) in a report released on Friday morning, Briefing.com Automated Import reports. The firm currently has a $40.00 price target on the stock, down from their prior price target of $44.00.

Several other equities research analysts also recently issued reports on the stock. Argus cut their target price on shares of DowDuPont from $81.00 to $70.00 and set a buy rating for the company in a research note on Tuesday, February 5th. Goldman Sachs Group began coverage on shares of DowDuPont in a research note on Friday, March 29th. They issued a neutral rating and a $42.00 target price for the company. SunTrust Banks cut their target price on shares of DowDuPont to $57.00 and set a hold rating for the company in a research note on Monday, February 4th. Citigroup downgraded shares of DowDuPont from a buy rating to a neutral rating and cut their target price for the company from $60.00 to $40.00 in a research note on Tuesday, April 2nd. Finally, UBS Group began coverage on shares of DowDuPont in a research note on Wednesday, April 3rd. They issued a buy rating and a $45.00 target price for the company. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have given a buy rating to the company’s stock. DowDuPont presently has an average rating of Hold and an average price target of $57.50.

DowDuPont stock opened at $33.62 on Friday. DowDuPont has a one year low of $32.86 and a one year high of $48.34. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.01 and a quick ratio of 1.33. The stock has a market cap of $81.26 billion, a PE ratio of 8.18, a price-to-earnings-growth ratio of 1.59 and a beta of 1.29.

DowDuPont (NYSE:DWDP) last posted its quarterly earnings data on Thursday, May 2nd. The company reported $0.84 EPS for the quarter, topping the Zacks’ consensus estimate of $0.70 by $0.14. DowDuPont had a net margin of 3.88% and a return on equity of 8.95%. The company had revenue of $19.65 billion during the quarter, compared to the consensus estimate of $19.47 billion. During the same period in the prior year, the business posted $1.12 EPS. The company’s quarterly revenue was down 8.7% on a year-over-year basis. On average, sell-side analysts expect that DowDuPont will post 2.19 earnings per share for the current fiscal year.

The business also recently declared a dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Friday, April 26th will be issued a $0.14 dividend. The ex-dividend date is Thursday, May 2nd. DowDuPont’s dividend payout ratio is currently 13.63%.

A number of institutional investors have recently added to or reduced their stakes in DWDP. B. Riley Wealth Management Inc. bought a new position in DowDuPont in the 3rd quarter valued at about $898,000. Northwest Quadrant Wealth Management LLC bought a new position in DowDuPont in the 3rd quarter valued at about $221,000. Lincluden Management Ltd. raised its holdings in DowDuPont by 2.6% in the 3rd quarter. Lincluden Management Ltd. now owns 74,223 shares of the company’s stock valued at $4,773,000 after acquiring an additional 1,848 shares during the period. Great Lakes Advisors LLC raised its holdings in DowDuPont by 25.0% in the 3rd quarter. Great Lakes Advisors LLC now owns 43,609 shares of the company’s stock valued at $2,804,000 after acquiring an additional 8,729 shares during the period. Finally, Federated Investors Inc. PA raised its holdings in DowDuPont by 2.5% in the 3rd quarter. Federated Investors Inc. PA now owns 308,082 shares of the company’s stock valued at $19,812,000 after acquiring an additional 7,380 shares during the period. 69.45% of the stock is currently owned by hedge funds and other institutional investors.

About DowDuPont

DowDuPont Inc, through its subsidiaries, engages in agriculture, materials science, and specialty products businesses in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. The company's Agriculture segment produces, and sells hybrid corn seed and soybean seed varieties; sunflowers, wheat, alfalfa, canola, cotton, rice, and sorghum; silage inoculants; and crop protection products that include weed control, disease control, and insect control.

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Analyst Recommendations for DowDuPont (NYSE:DWDP)

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