Brookmont Capital Management increased its position in DowDuPont Inc (NYSE:DWDP) by 81.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,598 shares of the company’s stock after buying an additional 14,625 shares during the period. Brookmont Capital Management’s holdings in DowDuPont were worth $2,322,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of the stock. Tradewinds Capital Management LLC purchased a new stake in DowDuPont during the third quarter valued at approximately $101,000. Winfield Associates Inc. purchased a new stake in DowDuPont during the third quarter valued at approximately $103,000. Peddock Capital Advisors LLC purchased a new stake in DowDuPont during the third quarter valued at approximately $106,000. AllSquare Wealth Management LLC purchased a new stake in DowDuPont during the third quarter valued at approximately $108,000. Finally, NewSquare Capital LLC purchased a new stake in DowDuPont during the third quarter valued at approximately $109,000. Institutional investors own 69.73% of the company’s stock.
In related news, General Counsel Charles J. Kalil sold 69,400 shares of the stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $72.66, for a total value of $5,042,604.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Andrew N. Liveris sold 78,582 shares of the stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $71.00, for a total value of $5,579,322.00. The disclosure for this sale can be found here. In the last three months, insiders sold 157,646 shares of company stock worth $11,299,372. 0.89% of the stock is owned by insiders.
DowDuPont Inc (DWDP) opened at $72.23 on Friday. The company has a market capitalization of $172,160.00 and a P/E ratio of 84.98. DowDuPont Inc has a 52 week low of $64.01 and a 52 week high of $77.08. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.26 and a current ratio of 1.91.
DowDuPont (NYSE:DWDP) last released its earnings results on Thursday, February 1st. The company reported $0.83 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.16. The firm had revenue of $20.07 billion for the quarter, compared to analysts’ expectations of $19.46 billion. DowDuPont had a return on equity of 8.21% and a net margin of 2.34%. The business’s quarterly revenue was up 54.1% on a year-over-year basis. sell-side analysts forecast that DowDuPont Inc will post 4.14 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Wednesday, February 28th will be paid a $0.38 dividend. The ex-dividend date is Tuesday, February 27th. This represents a $1.52 annualized dividend and a yield of 2.10%. DowDuPont’s dividend payout ratio (DPR) is currently 178.82%.
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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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