First Republic Investment Management Inc. boosted its holdings in shares of DowDuPont Inc (NYSE:DWDP) by 3.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 720,115 shares of the company’s stock after buying an additional 27,352 shares during the quarter. First Republic Investment Management Inc.’s holdings in DowDuPont were worth $46,311,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. American Century Companies Inc. grew its position in shares of DowDuPont by 65.6% in 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 grew its position in shares of DowDuPont by 51.9% in 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. Eaton Vance Management grew its position in shares of DowDuPont by 26.7% in the third quarter. Eaton Vance Management now owns 3,575,964 shares of the company’s stock valued at $229,971,000 after purchasing an additional 753,494 shares during the last quarter. Ontario Teachers Pension Plan Board grew its position in shares of DowDuPont by 201.6% in 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. Finally, Alleghany Corp DE acquired a new position in shares of DowDuPont in the third quarter valued at approximately $34,213,000. 69.89% of the stock is currently owned by hedge funds and other institutional investors.

NYSE DWDP opened at $56.49 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. DowDuPont Inc has a fifty-two week low of $51.32 and a fifty-two week high of $77.08. The firm has a market cap of $131.57 billion, a price-to-earnings ratio of 16.61, a price-to-earnings-growth ratio of 1.36 and a beta of 1.51.

DowDuPont (NYSE:DWDP) last released its earnings results on Thursday, November 1st. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.03. DowDuPont had a return on equity of 9.38% and a net margin of 2.45%. The firm had revenue of $20.12 billion during the quarter, compared to analysts’ expectations of $20.24 billion. During the same period in the prior year, the company earned $0.55 earnings per share. The company’s quarterly revenue was up 31.1% on a year-over-year basis. As a group, analysts predict that DowDuPont Inc will post 4.15 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 14th. Shareholders of record on Friday, November 30th will be paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 2.69%. The ex-dividend date of this dividend is Thursday, November 29th. DowDuPont’s payout ratio is presently 44.71%.

Several equities research analysts recently issued reports on the company. Citigroup reiterated a “buy” rating and issued a $74.00 price target (down from $79.00) on shares of DowDuPont in a research note on Thursday, October 11th. Stephens cut DowDuPont from an “overweight” rating to a “hold” rating and set a $63.00 price target for the company. in a research note on Friday, October 19th. TheStreet cut DowDuPont from a “b-” rating to a “c+” rating in a research note on Thursday, November 1st. JPMorgan Chase & Co. cut their price target on DowDuPont from $75.00 to $65.00 and set an “overweight” rating for the company in a research note on Friday, November 2nd. Finally, ValuEngine cut DowDuPont from a “hold” rating to a “sell” rating in a research note on Friday, September 28th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $78.47.

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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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