Crossvault Capital Management LLC bought a new position in shares of Dow Chemical Company (The) (NYSE:DWDP) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 4,836 shares of the company’s stock, valued at approximately $335,000.

A number of other large investors have also bought and sold shares of the stock. Excalibur Management Corp bought a new position in Dow Chemical Company (The) during the 3rd quarter worth approximately $303,000. TCI Wealth Advisors Inc. bought a new position in Dow Chemical Company (The) during the 3rd quarter worth approximately $973,000. Gilman Hill Asset Management LLC bought a new position in Dow Chemical Company (The) during the 3rd quarter worth approximately $1,088,000. Barometer Capital Management Inc. bought a new position in Dow Chemical Company (The) during the 3rd quarter worth approximately $4,701,000. Finally, State Treasurer State of Michigan bought a new position in Dow Chemical Company (The) during the 3rd quarter worth approximately $49,017,000. Institutional investors and hedge funds own 74.82% of the company’s stock.

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Shares of Dow Chemical Company (DWDP) opened at $70.68 on Friday. The company has a market cap of $161,389.11, a price-to-earnings ratio of 18.84, a price-to-earnings-growth ratio of 2.24 and a beta of 1.17. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.38 and a current ratio of 2.01. Dow Chemical Company has a one year low of $52.72 and a one year high of $73.85.

Dow Chemical Company (The) (NYSE:DWDP) last announced its quarterly earnings results on Thursday, November 2nd. The company reported $0.55 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.55. The business had revenue of $18.29 billion during the quarter, compared to analyst estimates of $18.24 billion. Dow Chemical Company (The) had a net margin of 5.01% and a return on equity of 9.73%. Dow Chemical Company (The)’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.91 EPS. equities research analysts forecast that Dow Chemical Company will post 3.47 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Wednesday, November 15th will be paid a dividend of $0.38 per share. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $1.52 dividend on an annualized basis and a yield of 2.15%. Dow Chemical Company (The)’s dividend payout ratio (DPR) is presently 73.08%.

In other Dow Chemical Company (The) news, insider Jeanmarie F. Desmond sold 6,708 shares of the business’s stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $71.01, for a total transaction of $476,335.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Charles J. Kalil sold 78,895 shares of the business’s stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $71.00, for a total transaction of $5,601,545.00. The disclosure for this sale can be found here. Insiders own 0.89% of the company’s stock.

DWDP has been the subject of several analyst reports. Macquarie initiated coverage on shares of Dow Chemical Company (The) in a report on Tuesday, September 5th. They set an “outperform” rating and a $76.00 price target for the company. Bank of America Corporation began coverage on shares of Dow Chemical Company (The) in a report on Monday, September 11th. They set a “buy” rating and a $78.00 price target for the company. Jefferies Group LLC reiterated a “buy” rating and issued a $80.00 price objective on shares of Dow Chemical Company (The) in a research note on Sunday, October 8th. Credit Suisse Group lifted their price objective on shares of Dow Chemical Company (The) from $79.00 to $82.00 and gave the company an “outperform” rating in a research note on Friday, November 3rd. Finally, Susquehanna Bancshares Inc began coverage on shares of Dow Chemical Company (The) in a research note on Tuesday, September 5th. They issued a “positive” rating and a $80.00 price objective for the company. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seventeen have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $79.72.

Dow Chemical Company (The) 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 Dow Chemical Company (The) (NYSE:DWDP)

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