Dow Chemical Company (The) (DOW) Position Increased by Savant Capital LLC

Savant Capital LLC boosted its position in shares of Dow Chemical Company (The) (NYSE:DOW) by 4.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,256 shares of the basic materials company’s stock after buying an additional 230 shares during the period. Savant Capital LLC’s holdings in Dow Chemical Company (The) were worth $334,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Pinnacle Bank bought a new stake in Dow Chemical Company (The) during the first quarter valued at about $103,000. West Oak Capital LLC raised its stake in Dow Chemical Company (The) by 29.2% in the first quarter. West Oak Capital LLC now owns 1,679 shares of the basic materials company’s stock valued at $107,000 after buying an additional 379 shares during the period. First Financial Corp IN raised its stake in Dow Chemical Company (The) by 79.8% in the first quarter. First Financial Corp IN now owns 1,690 shares of the basic materials company’s stock valued at $107,000 after buying an additional 750 shares during the period. Cable Hill Partners LLC raised its stake in Dow Chemical Company (The) by 7.6% in the first quarter. Cable Hill Partners LLC now owns 1,764 shares of the basic materials company’s stock valued at $112,000 after buying an additional 124 shares during the period. Finally, Lyell Wealth Management LP bought a new stake in Dow Chemical Company (The) during the first quarter valued at about $200,000. 68.36% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Dow Chemical Company (NYSE:DOW) traded up 0.35% during trading on Friday, hitting $63.40. The stock had a trading volume of 5,432,018 shares. The company has a market capitalization of $77.57 billion, a PE ratio of 27.15 and a beta of 1.13. The firm has a 50-day moving average price of $64.66 and a 200 day moving average price of $63.17. Dow Chemical Company has a 52 week low of $51.57 and a 52 week high of $67.50.

Dow Chemical Company (The) (NYSE:DOW) last released its quarterly earnings results on Thursday, July 27th. The basic materials company reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. The business had revenue of $13.83 billion during the quarter, compared to analyst estimates of $13.60 billion. Dow Chemical Company (The) had a return on equity of 17.08% and a net margin of 5.83%. Dow Chemical Company (The)’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.95 EPS. Equities analysts anticipate that Dow Chemical Company will post $4.08 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Monday, July 31st will be given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 2.90%. The ex-dividend date of this dividend is Thursday, July 27th. Dow Chemical Company (The)’s payout ratio is 76.99%.

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Several research firms have recently issued reports on DOW. UBS AG reissued a “buy” rating and set a $72.00 target price on shares of Dow Chemical Company (The) in a report on Monday, May 15th. Credit Suisse Group set a $66.00 target price on Dow Chemical Company (The) and gave the stock a “buy” rating in a report on Sunday, April 30th. BidaskClub lowered Dow Chemical Company (The) from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th. Cowen and Company increased their target price on Dow Chemical Company (The) from $47.00 to $60.00 and gave the stock a “market perform” rating in a report on Wednesday, May 31st. Finally, Alembic Global Advisors set a $85.00 price objective on Dow Chemical Company (The) and gave the company a “buy” rating in a research note on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $71.42.

Dow Chemical Company (The) Company Profile

Institutional Ownership by Quarter for Dow Chemical Company (The) (NYSE:DOW)

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