Reilly Financial Advisors LLC Purchases Shares of 173,510 DowDuPont Inc (DWDP)

Reilly Financial Advisors LLC acquired a new position in DowDuPont Inc (NASDAQ:DWDP) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 173,510 shares of the company’s stock, valued at approximately $12,012,000. DowDuPont accounts for about 1.8% of Reilly Financial Advisors LLC’s portfolio, making the stock its 13th largest holding.

Several other institutional investors have also recently modified their holdings of DWDP. First Quadrant L P CA acquired a new position in shares of DowDuPont in the third quarter worth about $159,000. Weatherly Asset Management L. P. acquired a new position in shares of DowDuPont during the 3rd quarter worth about $204,000. Osborne Partners Capital Management LLC acquired a new position in shares of DowDuPont during the 3rd quarter worth about $205,000. Summit X LLC acquired a new position in shares of DowDuPont during the 3rd quarter worth about $208,000. Finally, Westwood Management Corp IL acquired a new position in shares of DowDuPont during the 3rd quarter worth about $213,000.

Shares of DowDuPont Inc (NASDAQ DWDP) opened at $69.97 on Monday. DowDuPont Inc has a one year low of $64.01 and a one year high of $73.85.

DowDuPont (NASDAQ:DWDP) last posted its quarterly earnings results on Thursday, November 2nd. The company reported $0.55 earnings per share for the quarter, meeting the consensus estimate of $0.55. The firm had revenue of $18.29 billion during the quarter, compared to analysts’ expectations of $18.24 billion. During the same period last year, the company earned $0.91 EPS. The business’s quarterly revenue was up 7.6% on a year-over-year basis.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Wednesday, November 15th will be paid a $0.38 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $1.52 annualized dividend and a dividend yield of 2.17%.

Several research analysts recently weighed in on DWDP shares. Jefferies Group LLC upped their price target on shares of DowDuPont to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, September 5th. Nomura started coverage on shares of DowDuPont in a research report on Sunday, September 3rd. They set a “buy” rating and a $77.00 price target for the company. UBS AG started coverage on shares of DowDuPont in a research report on Friday, September 1st. They set a “buy” rating for the company. Instinet reiterated a “buy” rating and issued a $77.00 price objective on shares of DowDuPont in a report on Tuesday, September 5th. Finally, Bank of America Corporation started coverage on shares of DowDuPont in a report on Monday, September 11th. They issued a “buy” rating and a $78.00 price objective for the company. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and seventeen have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $79.72.

In other news, General Counsel Charles J. Kalil sold 78,895 shares of the stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $71.00, for a total value of $5,601,545.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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DowDuPont Company 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, and a pipeline of germplasm, traits and crop protection.

Institutional Ownership by Quarter for DowDuPont (NASDAQ:DWDP)

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