Tompkins Financial Corp reduced its position in shares of DowDuPont Inc (NYSE:DWDP) by 40.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,496 shares of the company’s stock after selling 3,065 shares during the period. Tompkins Financial Corp’s holdings in DowDuPont were worth $240,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of the business. Vanguard Group Inc. grew its position in shares of DowDuPont by 0.7% in the third quarter. Vanguard Group Inc. now owns 179,394,835 shares of the company’s stock valued at $11,536,882,000 after purchasing an additional 1,236,916 shares in the last quarter. Vanguard Group Inc grew its position in DowDuPont by 0.7% in the third quarter. Vanguard Group Inc now owns 179,394,835 shares of the company’s stock worth $11,536,882,000 after acquiring an additional 1,236,916 shares during the period. Capital World Investors grew its position in DowDuPont by 2.6% in the third quarter. Capital World Investors now owns 131,628,818 shares of the company’s stock worth $8,465,049,000 after acquiring an additional 3,387,817 shares during the period. Capital International Investors grew its position in DowDuPont by 217.7% in the third quarter. Capital International Investors now owns 31,674,850 shares of the company’s stock worth $2,037,010,000 after acquiring an additional 21,705,299 shares during the period. Finally, Morgan Stanley grew its position in DowDuPont by 7.6% in the third quarter. Morgan Stanley now owns 21,342,100 shares of the company’s stock worth $1,372,513,000 after acquiring an additional 1,511,435 shares during the period. Institutional investors own 69.33% of the company’s stock.
DWDP has been the subject of several analyst reports. Argus lowered their price objective on DowDuPont from $81.00 to $70.00 and set a “buy” rating for the company in a research report on Tuesday, February 5th. SunTrust Banks lowered their price objective on DowDuPont to $57.00 and set a “hold” rating for the company in a research report on Monday, February 4th. Zacks Investment Research upgraded DowDuPont from a “sell” rating to a “hold” rating in a research report on Monday, November 19th. Bank of America set a $70.00 price target on DowDuPont and gave the stock a “buy” rating in a research note on Saturday, February 2nd. Finally, Stephens cut DowDuPont from an “overweight” rating to a “hold” rating and set a $63.00 price target on the stock. in a research note on Friday, October 19th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $72.22.
DowDuPont (NYSE:DWDP) last announced its quarterly earnings data on Thursday, January 31st. The company reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by ($0.01). The company had revenue of $20.10 billion during the quarter, compared to analyst estimates of $21.11 billion. DowDuPont had a net margin of 4.47% and a return on equity of 9.59%. As a group, analysts anticipate that DowDuPont Inc will post 4.1 earnings per share for the current year.
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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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