Securian Asset Management Inc reduced its stake in shares of DowDuPont Inc (NYSE:DWDP) by 0.4% during the 2nd quarter, Holdings Channel reports. The fund owned 234,507 shares of the company’s stock after selling 868 shares during the period. Securian Asset Management Inc’s holdings in DowDuPont were worth $15,459,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Epoch Investment Partners Inc. boosted its position in shares of DowDuPont by 23.1% during the first quarter. Epoch Investment Partners Inc. now owns 8,638,870 shares of the company’s stock valued at $550,383,000 after buying an additional 1,621,876 shares during the period. Schwab Charles Investment Management Inc. boosted its position in shares of DowDuPont by 1.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 8,630,470 shares of the company’s stock valued at $568,921,000 after buying an additional 84,168 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of DowDuPont by 38.4% during the first quarter. Dimensional Fund Advisors LP now owns 8,458,290 shares of the company’s stock valued at $538,878,000 after buying an additional 2,344,766 shares during the period. Swiss National Bank boosted its position in shares of DowDuPont by 2.6% during the second quarter. Swiss National Bank now owns 7,700,134 shares of the company’s stock valued at $507,593,000 after buying an additional 192,600 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc. boosted its position in shares of DowDuPont by 5.6% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 7,432,198 shares of the company’s stock valued at $489,930,000 after buying an additional 394,545 shares during the period. 69.48% of the stock is currently owned by institutional investors.

Shares of NYSE DWDP opened at $70.20 on Friday. The company has a quick ratio of 1.15, a current ratio of 1.70 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $164.76 billion, a P/E ratio of 20.65, a PEG ratio of 1.69 and a beta of 1.26. DowDuPont Inc has a 52-week low of $61.27 and a 52-week high of $77.08.

DowDuPont (NYSE:DWDP) last announced its quarterly earnings results on Thursday, August 2nd. The company reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. The firm had revenue of $24.25 billion during the quarter, compared to analyst estimates of $23.71 billion. DowDuPont had a return on equity of 8.46% and a net margin of 2.62%. The company’s revenue was up 75.3% compared to the same quarter last year. analysts anticipate that DowDuPont Inc will post 4.2 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 14th. Shareholders 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 yield of 2.17%. DowDuPont’s dividend payout ratio is currently 44.71%.

Several brokerages have issued reports on DWDP. ValuEngine upgraded DowDuPont from a “sell” rating to a “hold” rating in a research report on Tuesday. MED restated a “buy” rating and set a $90.00 target price on shares of DowDuPont in a research report on Thursday, May 17th. Barclays dropped their target price on DowDuPont from $77.00 to $75.00 and set an “equal weight” rating for the company in a research report on Monday, August 6th. UBS Group boosted their target price on DowDuPont from $86.00 to $88.00 and gave the company a “buy” rating in a research report on Thursday, August 2nd. Finally, Credit Suisse Group dropped their target price on DowDuPont from $82.00 to $78.00 and set an “outperform” rating for the company in a research report on Friday, May 4th. Six research analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $81.09.

In other DowDuPont news, insider Andrew N. Liveris sold 268,406 shares of the company’s stock in a transaction on Thursday, June 7th. The stock was sold at an average price of $68.94, for a total transaction of $18,503,909.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, General Counsel Charles J. Kalil sold 100,645 shares of the company’s stock in a transaction on Monday, August 27th. The stock was sold at an average price of $70.75, for a total value of $7,120,633.75. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 488,892 shares of company stock valued at $33,938,668. 0.42% of the stock is owned by company insiders.

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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