Guyasuta Investment Advisors Inc. Purchases 59,399 Shares of DowDuPont Inc (DWDP)
Guyasuta Investment Advisors Inc. raised its position in shares of DowDuPont Inc (NYSE:DWDP) by 27.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 274,202 shares of the company’s stock after buying an additional 59,399 shares during the quarter. DowDuPont comprises approximately 1.9% of Guyasuta Investment Advisors Inc.’s portfolio, making the stock its 21st biggest position. Guyasuta Investment Advisors Inc.’s holdings in DowDuPont were worth $17,634,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Cascade Investment Advisors Inc. lifted its position in DowDuPont by 85.1% during the second quarter. Cascade Investment Advisors Inc. now owns 1,794 shares of the company’s stock valued at $118,000 after buying an additional 825 shares during the period. Arlington Partners LLC lifted its position in DowDuPont by 334.8% during the third quarter. Arlington Partners LLC now owns 1,948 shares of the company’s stock valued at $125,000 after buying an additional 1,500 shares during the period. SG3 Management LLC purchased a new position in DowDuPont during the second quarter valued at $132,000. D. Scott Neal Inc. purchased a new position in DowDuPont during the second quarter valued at $152,000. Finally, JNBA Financial Advisors lifted its position in DowDuPont by 291.0% during the third quarter. JNBA Financial Advisors now owns 2,420 shares of the company’s stock valued at $156,000 after buying an additional 1,801 shares during the period. 68.61% of the stock is owned by institutional investors and hedge funds.
In related news, General Counsel Charles J. Kalil sold 100,645 shares of DowDuPont stock in a transaction dated Monday, August 27th. The stock was sold at an average price of $70.75, for a total value of $7,120,633.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.42% of the stock is currently owned by company insiders.
NYSE DWDP opened at $56.97 on Thursday. DowDuPont Inc has a one year low of $51.32 and a one year high of $77.08. The stock has a market capitalization of $131.29 billion, a P/E ratio of 16.76, a price-to-earnings-growth ratio of 1.36 and a beta of 1.48. The company has a quick ratio of 1.05, a current ratio of 1.64 and a debt-to-equity ratio of 0.27.
DowDuPont (NYSE:DWDP) last released its quarterly earnings data on Thursday, November 1st. The company reported $0.74 EPS 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 company had revenue of $20.12 billion during the quarter, compared to the consensus estimate of $20.24 billion. During the same period last year, the company earned $0.55 EPS. DowDuPont’s revenue for the quarter was up 31.1% on a year-over-year basis. On average, sell-side analysts expect that DowDuPont Inc will post 4.14 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 14th. Investors of record on Friday, November 30th will be issued a $0.38 dividend. The ex-dividend date of this dividend is Thursday, November 29th. This represents a $1.52 annualized dividend and a yield of 2.67%. DowDuPont’s payout ratio is 44.71%.
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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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