Lord Abbett & CO. LLC lifted its position in Dow Chemical Co (NYSE:DOW) by 2.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,372,036 shares of the basic materials company’s stock after buying an additional 49,558 shares during the period. Lord Abbett & CO. LLC owned approximately 0.19% of Dow Chemical worth $149,604,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in DOW. First Command Bank lifted its position in Dow Chemical by 36.9% during the second quarter. First Command Bank now owns 1,617 shares of the basic materials company’s stock valued at $102,000 after purchasing an additional 436 shares in the last quarter. Perkins Coie Trust Co lifted its position in Dow Chemical by 33.7% during the second quarter. Perkins Coie Trust Co now owns 1,906 shares of the basic materials company’s stock valued at $120,000 after purchasing an additional 480 shares in the last quarter. BDO Wealth Advisors LLC purchased a new position in Dow Chemical during the second quarter valued at $121,000. Financial Architects Inc lifted its position in Dow Chemical by 0.4% during the second quarter. Financial Architects Inc now owns 2,290 shares of the basic materials company’s stock valued at $144,000 after purchasing an additional 10 shares in the last quarter. Finally, MCF Advisors LLC lifted its position in Dow Chemical by 49.3% during the second quarter. MCF Advisors LLC now owns 2,331 shares of the basic materials company’s stock valued at $147,000 after purchasing an additional 770 shares in the last quarter. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Several equities analysts recently weighed in on DOW shares. Cowen reiterated a “hold” rating and set a $60.00 target price on shares of Dow Chemical in a research report on Monday, August 28th. BidaskClub upgraded Dow Chemical from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Jefferies Group reiterated a “buy” rating on shares of Dow Chemical in a research report on Tuesday, August 29th. Finally, Royal Bank Of Canada reiterated a “buy” rating and set a $78.00 target price on shares of Dow Chemical in a research report on Wednesday, September 6th. One research analyst has rated the stock with a sell rating, four have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $72.02.

Dow Chemical Co (NYSE:DOW) opened at $66.65 on Thursday. Dow Chemical Co has a 52-week low of $51.57 and a 52-week high of $67.50. The company has a current ratio of 1.93, a quick ratio of 1.32 and a debt-to-equity ratio of 0.68.

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About Dow Chemical

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

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