Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of DowDuPont Inc (NYSE:DWDP) by 2.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 736,251 shares of the company’s stock after purchasing an additional 14,785 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in DowDuPont were worth $48,534,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. HC Financial Advisors Inc. bought a new stake in shares of DowDuPont during the 4th quarter worth about $1,164,000. Argent Trust Co bought a new stake in shares of DowDuPont during the 4th quarter worth about $855,000. Global X Management Co. LLC bought a new stake in shares of DowDuPont during the 1st quarter worth about $1,363,000. MRJ Capital Inc. raised its position in shares of DowDuPont by 16.7% during the 1st quarter. MRJ Capital Inc. now owns 77,412 shares of the company’s stock worth $4,931,000 after buying an additional 11,100 shares in the last quarter. Finally, Grisanti Capital Management LLC raised its position in shares of DowDuPont by 11.7% during the 1st quarter. Grisanti Capital Management LLC now owns 130,160 shares of the company’s stock worth $8,292,000 after buying an additional 13,630 shares in the last quarter. 69.63% of the stock is owned by institutional investors and hedge funds.

In other news, General Counsel Charles J. Kalil sold 19,841 shares of the business’s stock in a transaction that occurred on Tuesday, June 5th. The shares were sold at an average price of $68.40, for a total transaction of $1,357,124.40. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Edward D. Breen purchased 29,580 shares of the business’s stock in a transaction dated Wednesday, August 8th. The shares were purchased at an average price of $67.61 per share, for a total transaction of $1,999,903.80. The disclosure for this purchase can be found here. Insiders have sold 518,095 shares of company stock worth $35,702,234 in the last 90 days. 0.42% of the stock is owned by company insiders.

A number of analysts have commented on DWDP shares. Citigroup dropped their price target on shares of DowDuPont from $82.00 to $80.00 and set a “buy” rating on the stock in a research report on Friday, May 4th. Deutsche Bank dropped their target price on shares of DowDuPont from $84.00 to $76.00 and set a “buy” rating on the stock in a report on Friday, May 4th. Credit Suisse Group dropped their target price on shares of DowDuPont from $82.00 to $78.00 and set an “outperform” rating on the stock in a report on Friday, May 4th. MED reiterated a “buy” rating and issued a $90.00 target price on shares of DowDuPont in a report on Thursday, May 17th. Finally, UBS Group boosted their target price on shares of DowDuPont from $86.00 to $88.00 and gave the stock a “buy” rating in a report on Thursday, August 2nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and twenty-two have issued a buy rating to the stock. DowDuPont presently has an average rating of “Buy” and an average target price of $81.09.

DWDP stock opened at $67.79 on Friday. DowDuPont Inc has a 52-week low of $61.27 and a 52-week high of $77.08. The company has a current ratio of 1.70, a quick ratio of 1.15 and a debt-to-equity ratio of 0.27. The company has a market cap of $157.77 billion, a PE ratio of 19.94, a PEG ratio of 1.61 and a beta of 1.26.

DowDuPont (NYSE:DWDP) last released its quarterly earnings results on Thursday, August 2nd. The company reported $1.37 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.29 by $0.08. DowDuPont had a net margin of 2.62% and a return on equity of 8.46%. The business had revenue of $24.25 billion for the quarter, compared to analyst estimates of $23.71 billion. The business’s quarterly revenue was up 75.3% compared to the same quarter last year. equities research analysts anticipate that DowDuPont Inc will post 4.21 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 14th. Stockholders of record on Friday, August 31st will be issued a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, August 30th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.24%. DowDuPont’s dividend payout ratio is currently 44.71%.

About DowDuPont

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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