Hemenway Trust Co LLC Has $400,000 Position in DowDuPont Inc (DWDP)

Hemenway Trust Co LLC increased its position in shares of DowDuPont Inc (NYSE:DWDP) by 15.9% in the 4th quarter, HoldingsChannel reports. The firm owned 5,615 shares of the company’s stock after purchasing an additional 769 shares during the period. Hemenway Trust Co LLC’s holdings in DowDuPont were worth $400,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DWDP. Harel Insurance Investments & Financial Services Ltd. increased its holdings in DowDuPont by 6.2% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 11,695 shares of the company’s stock valued at $833,000 after buying an additional 681 shares in the last quarter. Outfitter Advisors LTD. increased its holdings in DowDuPont by 0.8% in the fourth quarter. Outfitter Advisors LTD. now owns 89,945 shares of the company’s stock valued at $6,406,000 after buying an additional 706 shares in the last quarter. Savant Capital LLC increased its holdings in DowDuPont by 6.1% in the fourth quarter. Savant Capital LLC now owns 15,038 shares of the company’s stock valued at $1,071,000 after buying an additional 866 shares in the last quarter. Resources Investment Advisors Inc. increased its holdings in DowDuPont by 34.7% in the fourth quarter. Resources Investment Advisors Inc. now owns 3,661 shares of the company’s stock valued at $261,000 after buying an additional 944 shares in the last quarter. Finally, Cedar Capital LLC increased its holdings in DowDuPont by 14.3% in the fourth quarter. Cedar Capital LLC now owns 7,584 shares of the company’s stock valued at $540,000 after buying an additional 946 shares in the last quarter. 68.84% of the stock is owned by hedge funds and other institutional investors.

In other news, General Counsel Charles J. Kalil sold 40,528 shares of the stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $71.51, for a total value of $2,898,157.28. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, COO James C. Jr. Collins sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $71.11, for a total transaction of $1,066,650.00. The disclosure for this sale can be found here. Insiders sold 410,348 shares of company stock worth $29,424,849 over the last quarter. Company insiders own 0.89% of the company’s stock.

DWDP has been the subject of a number of research analyst reports. Morgan Stanley increased their target price on shares of DowDuPont from $77.00 to $80.00 and gave the company an “overweight” rating in a report on Wednesday, November 1st. Credit Suisse Group reaffirmed an “outperform” rating and issued a $79.00 target price (up from $73.00) on shares of DowDuPont in a report on Thursday, October 12th. They noted that the move was a valuation call. UBS Group increased their target price on shares of DowDuPont from $82.00 to $85.00 and gave the company a “buy” rating in a report on Friday, November 3rd. ValuEngine raised shares of DowDuPont from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Finally, Royal Bank of Canada reaffirmed a “buy” rating and issued a $86.00 target price on shares of DowDuPont in a report on Friday, December 8th. Six research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $80.71.

Shares of DowDuPont Inc (NYSE DWDP) opened at $68.21 on Friday. The company has a market cap of $165,203.30, a P/E ratio of 43.45, a PEG ratio of 1.78 and a beta of 1.21. DowDuPont Inc has a 1 year low of $59.29 and a 1 year high of $77.08. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.91 and a quick ratio of 1.26.

DowDuPont (NYSE:DWDP) last released its quarterly earnings results on Thursday, February 1st. The company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.67 by $0.16. The business had revenue of $20.07 billion for the quarter, compared to analyst estimates of $19.46 billion. DowDuPont had a net margin of 2.34% and a return on equity of 8.21%. The firm’s quarterly revenue was up 54.1% compared to the same quarter last year. sell-side analysts predict that DowDuPont Inc will post 4.17 EPS for the current fiscal year.

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DowDuPont Profile

DowDuPont Inc is a holding company formed through the merger of equals between The Dow Chemical Company and E. I. du Pont de Nemours and Company (DuPont). The Company’s business divisions include Agriculture division, Material Science division, and a Specialty Products division. The Agriculture Division offers a complete portfolio of products and technologies, traits and crop protection.

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Institutional Ownership by Quarter for DowDuPont (NYSE:DWDP)

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