Court Place Advisors LLC lowered its position in Dow Chemical Company (The) (NYSE:DOW) by 0.1% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 17,754 shares of the basic materials company’s stock after selling 25 shares during the period. Court Place Advisors LLC’s holdings in Dow Chemical Company (The) were worth $1,120,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in DOW. First Command Bank boosted its position in Dow Chemical Company (The) by 36.9% in the second quarter. First Command Bank now owns 1,617 shares of the basic materials company’s stock worth $102,000 after buying an additional 436 shares in the last quarter. Pinnacle Bank bought a new position in Dow Chemical Company (The) during the first quarter worth about $103,000. First Financial Corp IN boosted its position 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 worth $107,000 after buying an additional 750 shares in the last quarter. Perkins Coie Trust Co boosted its position in Dow Chemical Company (The) by 33.7% in the second quarter. Perkins Coie Trust Co now owns 1,906 shares of the basic materials company’s stock worth $120,000 after buying an additional 480 shares in the last quarter. Finally, Ruggie Capital Group boosted its position in Dow Chemical Company (The) by 262.7% in the first quarter. Ruggie Capital Group now owns 2,637 shares of the basic materials company’s stock worth $168,000 after buying an additional 1,910 shares in the last quarter. Institutional investors and hedge funds own 68.79% of the company’s stock.

Dow Chemical Company (DOW) traded up 0.4852% during midday trading on Friday, reaching $63.4162. 2,319,692 shares of the company’s stock were exchanged. The stock has a market cap of $77.59 billion, a PE ratio of 27.1590 and a beta of 1.13. Dow Chemical Company has a 12 month low of $51.57 and a 12 month high of $67.50. The firm has a 50 day moving average of $64.63 and a 200-day moving average of $63.02.

Dow Chemical Company (The) (NYSE:DOW) last issued its earnings results on Thursday, July 27th. The basic materials company reported $1.08 EPS for the quarter, topping the consensus estimate of $1.01 by $0.07. The company had revenue of $13.83 billion for the quarter, compared to the consensus estimate of $13.60 billion. Dow Chemical Company (The) had a net margin of 5.83% and a return on equity of 17.08%. The firm’s revenue for the quarter was up 15.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.95 earnings per share. On average, equities research analysts predict that Dow Chemical Company will post $4.08 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Monday, July 31st will be issued a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 2.92%. The ex-dividend date is Thursday, July 27th. Dow Chemical Company (The)’s dividend payout ratio (DPR) is currently 76.99%.

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A number of equities analysts recently issued reports on DOW shares. Royal Bank Of Canada reiterated a “buy” rating and set a $76.00 price objective on shares of Dow Chemical Company (The) in a research report on Thursday, July 6th. Zacks Investment Research upgraded shares of Dow Chemical Company (The) from a “hold” rating to a “buy” rating and set a $68.00 price objective for the company in a research report on Tuesday, April 18th. UBS AG reiterated a “buy” rating and set a $72.00 price objective on shares of Dow Chemical Company (The) in a research report on Monday, May 15th. Credit Suisse Group set a $66.00 price objective on shares of Dow Chemical Company (The) and gave the stock a “buy” rating in a research report on Sunday, April 30th. Finally, Citigroup Inc. upped their price objective on shares of Dow Chemical Company (The) from $73.00 to $74.00 and gave the stock a “buy” rating in a research report on Monday, May 1st. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $71.42.

About Dow Chemical Company (The)

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

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