Russell Investments Group Ltd. lifted its stake in shares of DowDuPont Inc (NYSE:DWDP) by 16.7% in the third quarter, Holdings Channel reports. The fund owned 3,155,253 shares of the company’s stock after acquiring an additional 450,556 shares during the quarter. Russell Investments Group Ltd.’s holdings in DowDuPont were worth $203,209,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Cascade Investment Advisors Inc. raised its position in DowDuPont by 85.1% in the 2nd quarter. Cascade Investment Advisors Inc. now owns 1,794 shares of the company’s stock worth $118,000 after purchasing an additional 825 shares during the period. Arlington Partners LLC raised its position in DowDuPont by 334.8% in the 3rd quarter. Arlington Partners LLC now owns 1,948 shares of the company’s stock worth $125,000 after purchasing an additional 1,500 shares during the period. SG3 Management LLC purchased a new position in DowDuPont in the 2nd quarter worth $132,000. D. Scott Neal Inc. purchased a new position in DowDuPont in the 2nd quarter worth $152,000. Finally, Credit Agricole S A purchased a new position in DowDuPont in the 2nd quarter worth $160,000. 69.47% of the stock is owned by institutional investors.

DWDP has been the topic of a number of analyst reports. Citigroup decreased their target price on shares of DowDuPont from $81.00 to $79.00 and set a “buy” rating on the stock in a research report on Friday, September 21st. Deutsche Bank restated a “buy” rating and issued a $72.00 price objective on shares of DowDuPont in a research report on Friday, October 12th. MED restated a “buy” rating and issued a $90.00 price objective on shares of DowDuPont in a research report on Thursday, August 2nd. UBS Group boosted their price objective on shares of DowDuPont from $86.00 to $88.00 and gave the company a “buy” rating in a research report on Thursday, August 2nd. Finally, Barclays decreased their price objective on shares of DowDuPont from $77.00 to $75.00 and set an “equal weight” rating on the stock in a research report on Monday, August 6th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and twelve have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $79.06.

DWDP stock opened at $52.00 on Friday. DowDuPont Inc has a 12-month low of $51.32 and a 12-month high of $77.08. The stock has a market capitalization of $121.11 billion, a price-to-earnings ratio of 13.44, a PEG ratio of 1.25 and a beta of 1.35. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.15 and a current ratio of 1.70.

DowDuPont (NYSE:DWDP) last released its quarterly earnings data 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 for the quarter, compared to analysts’ expectations of $23.71 billion. DowDuPont had a net margin of 2.62% and a return on equity of 8.46%. The company’s revenue was up 75.3% compared to the same quarter last year. As a group, equities analysts predict that DowDuPont Inc will post 4.16 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 14th. Stockholders of record on Friday, November 30th will be paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date is Thursday, November 29th. DowDuPont’s payout ratio is 44.71%.

In related news, CEO Edward D. Breen bought 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, with a total value of $1,999,903.80. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, General Counsel Charles J. Kalil sold 100,645 shares of DowDuPont stock in a transaction dated Monday, August 27th. The shares were sold at an average price of $70.75, for a total transaction of $7,120,633.75. The disclosure for this sale can be found here. Insiders own 0.42% of the company’s stock.

DowDuPont Company 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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